US Housing & Housing Finance: pandemic shocks economy, puts sector on pause
Near-record low mortgage rates will not be enough to boost demand as measures to contain the coronavirus outbreak cripple the economy and the spike in unemployment leads to higher loan delinquencies and missed rent payments.
  • SUMMARY
  • REPORTS

  • SECTOR IN-DEPTH
    19 Aug 2020|Moody's Investors Service
    Housing markets in major US cities will slowly recuperate after the turbulence caused by the coronavirus as office reopenings and business recoveries help reverse some pandemic-related effects, including urban residents leaving for the suburbs because of health concerns.

    SECTOR IN-DEPTH
    15 Jun 2020|Moody's Investors Service
    The severe disruptions and economic contraction sparked by the coronavirus outbreak will have far-reaching implications for the US housing market and housing-related issuers.
    Latest on US Homebuilding
    OUTLOOK
    22 Sep 2020|Moody's Investors Service
    The coronavirus pandemic is pushing people to spend more time away from work and school, prompting an increased focus on their home living space, a boost for homebuilders.
    Visit our Homebuilding page for a complete view on the sector, including the latest research, industry outlooks, rating activity and more.

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    WEBINAR REPLAY
    23 Sep 2020|Moody's Corporation
    We hosted a webinar on September 23 to discuss the next chapter of Housing. This was a 90 minute session with two panel discussions. Details on the sessions can be found below.
    Podcast
    09 Jun 2020|Moody's Investors Service
    James Eck, Bob Garofalo and Danielle Reed of the Insurance team discuss immediate and longer-term effects on US mortgage insurers of the coronavirus-driven economic shock.

    SECTOR COMMENT
    21 Jul 2020|Moody's Investors Service
    As the COVID-19 pandemic continues to weaken the economy, high delinquency levels in US RMBS are exposing deals to cash flow risks.
    SECTOR IN-DEPTH
    23 Jun 2020|Moody's Investors Service
    HFAs have built strong financial metrics to help protect multifamily programs against unforeseen event risks such as the coronavirus, which in the near term may soften HFA operating margins.