July 16, 2020

Out of the concrete jungle and into the 'burbs.


Sources:

[1] Redfin.com Search Data, April-May 2020.

[2] Realtor.com®, ”Housing Market Rankings in Suburban Communities Outpaced Urban Areas in May.“

[3] The Harris Poll COVID-19 Tracker, April 25-27, 2020.

[4] Brookings Metr...

July 15, 2020

Overview: During a light week for economic data, investors remained focused on the concerning spread of the coronavirus in many regions. Mortgage rates dropped slightly to new record-low levels.

Reduced economic activity resulting from the pandemic has caused a signific...

July 8, 2020

Overview: Over the past week, the big surprise on the economic front was that the latest Employment Report far surpassed expectations for the second straight month. Despite the strong labor market data, however, it was another quiet week for mortgage markets, and rates...

July 1, 2020

Overview: The economic data released over the past week again indicated that the recovery from the economic shutdown has been stronger than expected. Mortgage markets were relatively quiet, and rates remained close to record-low levels.

Following a period of weakness ca...

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