We’ve been talking a lot on the Transparent Mortgage Blog about how the COVID-19 situation has affected the economy as a whole—and especially the mortgage market. We are in interesting times with home prices continuing to surge because of low inventory while mortgage rates remain historically low. However, the challenge Continue Reading →
As the economy slowly recovers after the coronavirus shutdowns, the real estate and mortgage markets have rebounded rapidly. Home buyers are eager to move during this condensed summer market, especially since it’s hard to say if we’ll experience more shutdowns this year as the virus numbers continue to rise again Continue Reading →
An interesting thing has been happening in the real estate market amidst the COVID-19 pandemic. Home prices are actually continuing to go up while most other economic indicators have been dropping fast. What makes this recession different than what we experienced in 2008? When the economy collapsed in 2008, the Continue Reading →
When the federal government rolled out the CARES Act and other programs aimed at helping businesses and individuals get through these uncertain economic times, there was a lot of confusion and misinformation out there. Many homeowners still weren’t sure what they could or couldn’t do because of certain mortgage regulations Continue Reading →
The Federal Reserve and other central banks across the globe have been trying—and failing—to generate higher inflation for more than a decade. Inflation is generally viewed as a sign of a growing economy. While other indicators rose in recent years, the inflation rate hasn’t gone up accordingly and the banks Continue Reading →
