New home lot supply drops to cycle lows
Chief Economist Ali Wolf and Senior Managing Principal Tim Sullivan present an update on the effects of the coronavirus (COVID-19) on the economy.
Note: As of April 15, 2020, Wells Fargo’s jumbo purchase loans for new construction are open for business with no new changes to their requirements. The refinance sector has been modified in that the borrower will need a relationship with the bank and/or $250,000 in assets at the bank.