Impact of COVID-19 on Mortgages

In this interview with Debbie Wood of Flagstar Bank, we asked Debbie about the impact COVID-19 is having on the mortgage market. In particular,

  • what is happening with interest rates and what to expect going forward
  • how have loan programs changed and continue to change
  • refinancing, new loans and the impact on reverse mortgage availability
  • the latest on forbearance of mortgage payments