30-year fixed rate mortgage (FRM) rates hit historic low; For-sale inventory drops; Home sales volume set to fall
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06/25: The 2025 rules for buyer representation and fee-splitting avoidance are currently being edited into this e-book.
30-year fixed rate mortgage (FRM) rates hit historic low; For-sale inventory drops; Home sales volume set to fall
Prepare for a bumpy road ahead.
The average ARM rate has fallen back in 2020.
Home prices are propped up by low interest rates, for now; Saving opportunities narrow in California; Personal bankruptcies set to rise
Information on homebuyer sentiment is somewhat predictive of future home sales.
Nationally, 7% of mortgages were in forbearance in mid-April.
Lenders are walking a tightrope this spring.
This article is Part I in a series explaining the legal assistance offered to individuals impacted by the novel coronavirus (COVID-19), relating to real estate and the housing market.
California’s Buyer Purchasing Power Index (BPPI) was +8.9 in Q1 2020.