Forbearance Numbers Are Lower than Expected
Originally, some housing industry analysts were concerned that the mortgage forbearance program (which allows families to delay payments to a later date) could lead to an increase in foreclosures when forbearances end. Some even worried that we might relive the 2006-2008 housing crash all over again. Once you examine the data, however, that seems unlikely. […]
Just How Strong Is the Housing Recovery?
The residential real estate market has definitely been the shining light in this country’s current economic situation. All-time low mortgage rates coupled with a new appreciation of what a home truly means has caused the housing market to push forward through this major health crisis. Let’s look at two measures that explain the resilience of the real […]
The Beginning of an Economic Recovery
The news these days seems to have a mix of highs and lows. We may hear that an economic recovery is starting, but we have also seen some of the worst economic data in the history of our country. The challenge today is to understand exactly what is going on and what it means relative […]
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