San Diego Housing and Mortgage News

The pandemic has been reshaping the mortgage and real estate industries for nearly six months now. To help you stay in the loop, we’ve put together some helpful news and trends. Check them out below.

Home Buying and Homeownership Trends

• Pandemic home remodeling is booming: Here’s what your neighbors are doing. (via CNBC)
• Bay Area couple, priced out and working remotely, buy San Diego house instead (via San Diego Union Tribune) 
• For Millennials who want to buy a home right now, the Great Recession still looms large. (via Housing Wire)
• These 5 Real Estate Trends Have Emerged From COVID-19 (via Architectural Digest)
• Do Green Improvements Increase Resale Value? (via Freddie Mac)

Mortgage News

• 5 Rampant Mortgage Myths You’ll Hear These Days—Completely Debunked (via Realtor.com)
• What Happens When COVID Forbearance Ends (via Freddie Mac)

Related post: What You Need to Know About Mortgage Forbearance During Coronavirus

• Forbearances are Leveling Out, With Long-Term Delinquencies now a Concern (via Mortgage News Daily)
• Mortgage rates forecast for September 2020 (via The Mortgage Reports)

Home buying can be a complicated process but it doesn’t have to be. Whatever unique challenges COVID-19 brings, our San Diego mortgage company is here to help you make your homeownership goals happen. Learn more about our home loan programs here or schedule a consultation. We’d love to hear from you!