World News
Share of U.S. Mortgage Loans in Forbearance Dips to 4.04 Percent
According to the Mortgage Bankers Association's latest Forbearance and Call Volume Survey, the total number of U.S. loans now in forbearance decreased by 12 basis points from 4.16% of servicers' portfolio volume in the prior week to 4.04% as of June 6, 2021.
2021 Stamp Duty Tax Holiday Drives Overheated London Property Sales, Prices
Over the course of a normal year, activity in the UK housing market can generally be split into the two periods of spring and autumn. This year, it will divide neatly into four calendar quarters.
Venture Backed Biotech Driving New York's Fast Growing Life Sciences Property Market
According to CBRE, one of NYC's budding commercial property sectors - the life sciences market - hasn't lost a step during the pandemic era. Even in the face of a broader economic downturn, NYC's lab tenant demand has ramped up significantly since year-end 2019.
Prime Central London Home Prices Uptick in May
International property consultant Knight Frank is reporting prices in prime central London grew by 0.3% in the year to May 2021.
Mortgage Credit Availability in U.S. Increased in May
According to the Mortgage Bankers Association's latest Mortgage Credit Availability Index (MCAI), U.S. mortgage credit availability increased in May 2021.
