Remove real-estate-investing-during-covid-19
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UWM announces 1.99% rate for 30-year fixed mortgage

Housing Wire

Mortgage rates have tumbled since March when the Federal Reserve began buying bonds to support the economy during the COVID-19 pandemic. The Fed started buying Treasuries and mortgage-backed securities to grease the wheels of the credit markets and avoid a repeat of the credit crunch seen during the 2008 financial crisis.

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Despite pandemic, Zillow Group reported increase in revenue

Housing Wire

“Zillow’s second quarter results are even better than we had hoped, and firm up our belief that powerful tailwinds in both real estate and technology are rapidly converging, with Zillow at the nexus,” Zillow Group Cofounder and CEO Rich Barton said in a statement. billion visits during Q2. billion visits during Q2.

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Spirits remain high as income drops at Old Republic

Housing Wire

executives remained positive during their earnings call with investors Thursday afternoon. Overall, the company recorded a second quarter net income, excluding investment gains, of $210.2 With the inclusion of investment income, the firm saw a net income loss of $40.1 million, dropping 4.8% year over year.

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Amazon news raises new recession red flag

Housing Wire

The unemployment rate is at 3.6%, and we are getting closer and closer to my forecast of getting all the jobs lost to COVID-19 by September of 2022. The jobs recovery in this new expansion has been much better than we saw during the recovery phase after the great financial crisis. First, let’s look at the jobs picture.

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7 things that have changed forever in the mortgage industry

Housing Wire

Investments in proper infrastructure, an innate fear of losing process control, and converting the workforce to a digitally savvy “knowledge force” have contributed to “digital apprehension” in the past. Below are seven realities that were exposed and highlighted from the mortgage industry’s response to COVID-19.

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Opinion: Title insurance is vital to protecting the American dream

Housing Wire

In fact, our industry is so important that throughout the COVID-19 pandemic, title insurance professionals were deemed essential by the federal government. Their hard work kept a major part of the economy running during a challenging time when purchasing a home meant more than ever. This innovation is positive for consumers.

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Zillow: There’s no going back from RON

Housing Wire

“Across every industry, there has been a COVID catalyzed and dramatic increase and reliance upon and adoption of technology. We see the same technology acceleration in our residential real estate industry and Zillow as the digital leader is benefiting,” he continued.