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Pennymac pulls back on 2021 plan to hire 300+ workers in North Carolina

Housing Wire

In 2021, Pennymac vowed to create 322 jobs in Wake County, North Carolina and invest $4.3 Pennymac’s expansion was set to be facilitated in part by a Job Development Investment Grant (JDIG) approved by North Carolina’s Economic Investment Committee in 2021. million over the course of 12 years.

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What’s next for housing in 2021?

Housing Wire

As we look ahead to 2021, we remember that this year, the housing market has continued to remain a bright spot in the economy, even as other areas continue to struggle amid stay-at-home orders and economic shutdowns. Now, economists are focusing their sights on 2021, and forecasts are more difficult than ever to create.

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Housing market outlook for 2021…and beyond

Housing Wire

With it behind us, let’s look ahead at several housing market trends that are likely in 2021 and beyond. This should ensure that initial rates on ARMs will remain low, and we also expect 30-year fixed-rate loans to remain below 3% during early 2021 and average about 3.1% 2020 was a truly unprecedented year. during the next two years.

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The housing market outlook for 2021

Housing Wire

The nature of the crisis this year and headed into 2021 because of the ongoing COVID-19 pandemic has emphasized that fact. Get $75 off your initial membership with coupon code “intro75” The post The housing market outlook for 2021 appeared first on HousingWire. There is no place like home.

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COVID-19 remains “wildcard” in 2021 housing market

Housing Wire

As 2020 comes to an end, realtor.com ’s economists believe that the housing inventory shortage won’t be as dire in 2021. The 2021 housing market will be much more ‘normal’ than the wild swings we saw in 2020,” said realtor.com’s Chief Economist Danielle Hale. However, it all depends on the course the COVID-19 pandemic takes.

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Most mortgages in forbearance in March 2021 are either current now or closed: CFPB

Housing Wire

Most borrowers who had a mortgage forbearance in March 2021, including disproportionately impacted borrowers of color, were either current or closed as of March 2023. They’re performing, however, slightly worse than loans that were current in March 2021. Generally, the positive outcomes are clear, the Bureau said. “[T]he

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engage.marketing 2021

Housing Wire

In 2021, all housing professionals must be focused on the 3 P’s: Process, Profitability and Purchase. And to help you power your business forward in 2021 and beyond we brought together the smartest minds in purchase mortgage marketing to share the insights, tactics and strategies that set the leaders apart. ALL EYES ON PURCHASE.