Real Estate News
Planning to buy or sell your next Lehigh Valley home? Stay up to date on all of the latest real estate headlines for both buyers and sellers.Real Estate
Weekly mortgage applications drop 17.9% as coronavirus scares off buyers
CNBC's Diana Olick reports on the latest mortgage applications data. Read Article
Weekly mortgage applications sink nearly 18% as coronavirus causes homebuyers to back away
Consumers are fast losing confidence in this spring housing market, given the economic upheaval from the coronavirus and higher mortgage rates. Read Article
Prologis is more prepared to weather this downturn, compared to 2008, CEO says
"We're really a different company and entering this cycle in a very different set of conditions," Prologis CEO Hamid Moghadam told Jim Cramer. Read Article
DocuSign CEO says the company has not yet seen a slowdown in activity among real estate clients
DocuSign CEO Dan Springer told CNBC the company has experienced challenges among its clients in the travel and hospitality sector. Read Article
Trump ally Tom Barrack hires lobbyists for coronavirus-related issues as he warns of hurdles for the commercial mortgage market
Trump ally Tom Barrack and his company hired a group of lobbyists to advise on issues related to the coronavirus pandemic as he warns of pending hurdles to the commercial mortgage market Read Article
Mortgage forbearance requests surged 1896% during the second half of March
CNBC's Diana Olick reports how the rise of mortgage forebearance requests for the month of March and early April. Read Article
Your lender might let you miss a few mortgage payments. Three questions you should ask first
Lenders are allowing borrowers affected by the coronavirus pandemic to miss some of their mortgage payments. But there's more to this relief than meets the eye. What you should know. Read Article
Requests to delay mortgage payments jump nearly 2,000% as borrowers seek relief during coronavirus outbreak
Forbearance requests grew by 1,270% between the week March 2 and the week of March 16, and another 1,896% between the week of March 16 and the week of March 30, according to numbers released Tuesday by the Mortgage Bankers Association. Read Article
Mortgage industry sounds alarm over coronavirus mortgage bailout
CNBC's Diana Olick reports on mortgage and finance leaders putting out an urgent liquidity plea to federal regulators as they try to brace for fallout from the coronavirus pandemic. Dave Stevens, former FHA commissioner, joins the conversation. Read Article
Coronavirus mortgage bailout: 'There is going to be complete chaos,' says industry CEO
A broad coalition of mortgage and finance industry leaders sent a plea to federal regulators, asking for desperately needed cash to keep the mortgage system running. This, as requests from borrowers for the federal mortgage forbearance program are flooding in at an alarming rate. Read Article
