Housing Market 2020 Forecast and the V Shaped Recovery – what is a v shaped recovery. In this video I discuss the v shaped recovery and what it means for the housing market, stock market and how all this stimulus may affect the economy in years to come.
Mortgage forbearance requests fall for the first time since the pandemic started in mid March 2020. The number of mortgages in forbearance declined this week for the first time since the start of the COVID-19 pandemic, Black Knight said in a report on Friday. The number dropped to 4.73 million from 4.76 million in the prior week, the mortgage data firm said. Measured as a share of all mortgages, forbearances dropped to 8.9% from 9% in the prior week, according to the Black Knight data.
Also, far-better-than-expected May employment report only added to a growing sell-off in the bond market, pushing the stock market higher and bon yields to the highest level since March. Mortgage rates loosely follow the yield on the 10-year Treasury. With that, interest rates rose this week, after sitting around a record low for the last two weeks.
what is a v shaped recovery – A V-shaped recovery is a quick and sustained recovery in measures of economic performance after a sharp economic decline. It goes back up as quickly as it came down.
Please let me know your thoughts below: what are your predictions for real estate 2020 and the housing market 2020 california? After watching this video, do you believe the house market crash 2020 or real estate bubble will happen? What are your thoughts on the huntington beach market?
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