The mortgage market survives for now

America is about to complete the second week of a massive government shutdown, with lenders still reporting that it has had little impact on the origination process. However, an article in The Wall Street Journal noted that there are three ways the shutdown could slow housing:

“There’s a ripple effect,” said Paul Abreu, a lawyer who handles real estate closings in Norton, Mass. “The longer this drags on, you’ll start to see more and more anecdotal stories about closings that haven’t happened. But those are second- and third-order effects in many cases.”

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Is the housing market already rebounding from COVID-19?

In early April, HousingWire Columnist Logan Mohtashami wrote about five indicators that would show when “America is back.” Now, he’s checking in on each data point to see where the U.S. housing market stands.

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3d rendering of a row of luxury townhouses along a street

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