Dumas and Associates

Real Estate News

Below are the latest real estate news headlines for buyers and sellers.

Real Estate

Chief regulator says mortgage bailout is 'on the honor system', pleads with borrowers to be honest

The $2 trillion stimulus package just signed into law states that borrowers need not provide any proof of financial hardship. They can simply say they can't pay. Read Article

Wed, 01 Apr 2020 11:03:23 PDT

NY legislators push to cancel rent for three months

CNBC's Robert Frank details plans in the New York state legislature to cancel rent for three months as the fallout from the coronavirus outbreak continues. Read Article

Wed, 01 Apr 2020 09:27:21 PDT

FHFA director: Approximately 700,000 mortgage loans could need forbearance

Federal Housing Finance Agency director Mark Calabria joins CNBC's "Squawk on the Street" to discuss the influx of calls lenders are seeing as homeowners ask for forbearance. Read Article

Wed, 01 Apr 2020 11:41:37 PDT

Coronavirus effect could be 'far deeper than the subprime crisis,' says mortgage company CEO

For most mortgage borrowers, the first of the month is payment day. This month, however, is a very different story. Millions of borrowers have either lost jobs or income, and are suddenly struggling to make those monthly payments. Read Article

Wed, 01 Apr 2020 09:44:05 PDT

Where your coronavirus stimulus check will go furthest, based on US rents

Millions of workers have reason to cheer, thanks to a $2 trillion stimulus package passed by Congress last week that will put checks in their pockets. But how far will $1,200 really go? CNBC took a look at what that sum could mean for rent payers around the country. Read Article

Wed, 01 Apr 2020 07:29:02 PDT

How coronavirus seems to be splitting the mortgage market

CNBC's Diana Olick reports on the latest weekly mortgage applications data. Read Article

Wed, 01 Apr 2020 04:25:50 PDT

Mortgage applications to buy a home plummet 24% annually as coronavirus slams spring housing

The coronavirus appears to be splitting the mortgage market as more borrowers rush to refinance to save money on monthly payments and potential homebuyers back away fast. Read Article

Wed, 01 Apr 2020 04:26:21 PDT

Homebuilder ETF just had its worst month ever, but it's on the cusp of a comeback, chart analyst says

The iShares U.S. Home Construction ETF just had its worst month on record, but two traders see a recovery ahead for the group. Read Article

Tue, 31 Mar 2020 13:43:36 PDT

NY legislators consider allowing people to cancel rent payments for 3 months due to coronavirus

CNBC's Robert Frank reports that New York legislators are considering to allow people to cancel three months worth of rent to deal with the blow of the coronavirus. Read Article

Tue, 31 Mar 2020 13:09:31 PDT

Which bills to pay during the coronavirus pandemic

Millions of Americans will find it hard to pay their bills during the pandemic. Here's how to decide which payments can wait and which can't. Read Article

Wed, 01 Apr 2020 06:14:04 PDT
Dumas and Associates
Ph: 773-278-8778
2519 N. California
Chicago, IL 60606 US
www.dumasassociates.com
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