articles mortgage-applications-continue-downward-trend 
Housing Wire
DECEMBER 16, 2021
We’ve had the sharpest and yet also the shortest recession in history, record-low mortgage rates leading to record origination volumes, and record home prices as housing demand far outstripped supply. The pandemic, as well as policymakers, continue to have the ability to send shocks through the system.
Appraisal Today
AUGUST 4, 2023
In a truly Orwellian move, mortgage giant Freddie Mac recently announced its intent to censor an arbitrary collection of words such as “desirable,” “safe,” “well-kept,” “student” and “crime” when they appear, in any context, in the hundreds of thousands of appraisal reports it relies on in mortgage underwriting. since October 2021.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Appraisal Today
SEPTEMBER 23, 2022
“At the least we ought to describe the market as showing a downward seasonal shift, though it’s possible we can call this a downward cycle if the trend persists over time. My comments: This article uses AEI data, graphs, and reports from June. Loan applications went up this week but are still below 2019 levels.
Appraisal Today
JULY 1, 2022
Excerpts: Appraisers, this article was prompted by my ‘coming in contact with several appraisal reports where different regional appraisers report the physical location of the subject property “in” a particular City associated with the postal ZIP Code for that City. 4) No price range is immune from the slower trend. By Dave Towne.
Housing Wire
NOVEMBER 23, 2022
When you account for a population of over 330 million people, that sales number looks a lot lower than in 2000 and 1996 so be mindful that we are trending at low levels today. While the actual sales trends can be more downward than the report shows, it’s not off by a significant amount. The last two data lines account for 7.7
Appraisal Today
OCTOBER 21, 2022
My comments: Read this article, including the case study. NOTE: Please scroll down to read the other topics in this long blog post on unusual homes, mortgage origination stats, etc. Appraisals are ordered after the loan application. So, what metrics are worth watching? Inventory levels. Absorption rates and marketing times.
Appraisal Today
NOVEMBER 17, 2023
My article in the November issue of Appraisal Today has lots of information, including lists of which AMCs use PDCs. NOTE: Please scroll down to read the other topics in this long blog post on Liability, Bias, reviewers with little experience, GSE modernization, unusual homes, mortgage origination stats, etc.
Expert insights. Personalized for you.
451 
Let's personalize your content