2013 Buyers Contracts Mortgage 
Housing Wire
MAY 18, 2022
However, the sting of higher mortgage rates is hitting the single-family construction data, and the real story is that the housing completion data, which has been bad for a long time, is still terrible. We simply cannot finish homes in America promptly, and now that mortgage rates are over 5%, some buyers won’t be able to purchase a home.
Housing Wire
MARCH 23, 2021
to a seasonally adjusted annual rate of 775,000 in February — the sharpest month-over-month decline since 2013, according to estimates by the U.S. While some economists pointed to harsh weather as a likely deterrent of February home sales, others noted the plague of rising home prices, limited inventory and the uptick in mortgage rates.
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Housing Wire
FEBRUARY 23, 2021
Then, mortgage rates plummeted to historic-lows , opening the homebuying floodgates and propelling prices skyward. gain “marks the best performance of housing prices in a calendar year since 2013,” said Craig Lazzara, managing director and global head of index investment strategy at S&P Dow Jones. December 2020’s 10.4%
Housing Wire
MARCH 1, 2023
Issuance of agency mortgage-backed securities (MBS) is projected to contract significantly over the next two years in the face of a housing-market contraction, but the actual supply of MBS available for purchase in the private market is expected to swell to record levels over that period.
Housing Wire
OCTOBER 23, 2020
In the third quarter, luxury home sales jumped 41.5% , the biggest year-over-year shift since 2013, according to Redfin. Contracts during this time also skyrocketed 62%. Koch said that since this summer — typically the home-buying off-season — was busy for buyers, he thinks it will only get crazier. “We Presented by: NAMB.
Housing Wire
AUGUST 23, 2022
Tuesday’s new home sales report missed expectations and had negative revisions, which isn’t surprising given this sector of our economy simply can’t handle higher mortgage rates. We had missed sales estimates in 2013, 2014 and 2015. It’s more complicated with mortgage rates near 6% than with mortgage rates near 4%.
Housing Wire
APRIL 7, 2023
When this back and forth was unfolding, mortgage demand rose 2.9% compared to the week prior and the average contract interest rate for 30-year fixed-rate mortgages with loan balances of $726,200 or less, decreased from 6.48% to 6.45%. Don’t leave it up to them to translate the noise they’ll likely encounter on their voyage.
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