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MBA Says Probability of a Significant Foreclosure Surge is Minimal

MBA Says Probability of a Significant Foreclosure Surge is Minimal A recent “Chart of the Week” from the Mortgage Bankers Association illustrates that the expiration of pandemic-related foreclosure moratoriums led to a modest increase in foreclosure starts from the record lows maintained over the past two years.  Citing data from their recent National Delinquency Survey,

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Pending Home Sales Surge 7.5% in October

Pending Home Sales Surge 7.5% in October The National Association of Realtors is reporting that pending home sales were up 7.5% in October, 2021.  The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) rose to 125.2.  The NAR says the market is expected to remain robust with home prices rising at

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