Housing Wire

FEBRUARY 21, 2024

“Potential homebuyers are quite sensitive to these rate changes, as affordability is strained with both higher rates and higher home values in this supply-constrained market.” The 30-year fixed-rate mortgage averaged 6.77% as of Feb. The 30-year fixed-rate mortgage averaged 6.77% as of Feb.

Mortgage 417

Mortgage Retail Home Value Marketing 417

Housing Wire

JANUARY 4, 2024

The 30-year fixed-rate mortgage averaged 6.62% as of Jan. The 15-year fixed-rate mortgage averaged 5.89% this week, down from 5.93% the prior week. The 15-year fixed-rate mortgage averaged 5.89% this week, down from 5.93% the prior week. 4, a slight increase from the 6.61% rate recorded on Dec.

Mortgage 413

Mortgage Inventory Sellers Marketing 413

Housing Wire

OCTOBER 12, 2023

Mortgage rates kept climbing for the fifth consecutive week, bringing average year-over-year rates 60 basis points higher. Freddie Mac ‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year, fixed-rate mortgage averaged 7.57% as of Oct.

Mortgage 375

Mortgage Investors Housing Market Marketing 375

Housing Wire

FEBRUARY 28, 2024

“Purchase activity is running 12% behind last year’s pace, but our January Builder Application Survey results showed that applications to buy new homes were up 19% compared to last year. The 30-year fixed-rate mortgage averaged 6.90% as of Feb. The 30-year fixed-rate mortgage averaged 6.90% as of Feb.

Mortgage 355

Mortgage Retail Inventory Marketing 355

Housing Wire

OCTOBER 26, 2023

Average mortgage rates on 30-year fixed home loans continued their march towards 8% this week as the Treasury yield surpassed 5%. The average 30-year, fixed-rate mortgage rose to 7.79% as of Oct. The average 30-year, fixed-rate mortgage rose to 7.79% as of Oct.

Mortgage 428

Mortgage Inventory Housing Market Realtors 428

Housing Wire

FEBRUARY 15, 2024

The 30-year fixed-rate mortgage averaged 6.77% as of Feb. Meanwhile, the 15-year fixed rate averaged 6.12% this week, up from 5.90% during the prior week. According to Freddie Mac data, purchase mortgage applications are down in more than half of all states compared to a year ago, Khater added.

Mortgage 405

Mortgage Buyers Inventory Marketing 405

Housing Wire

NOVEMBER 30, 2023

Mortgage rates headed lower this week as the 10-year Treasury yield dropped below 4.3% The 30-year, fixed mortgage rate averaged 7.22% for the week ending Nov. 30, according to Freddie Mac ‘s Primary Mortgage Market Survey. for the first time since September, according to new data from Freddie Mac. on Thursday.

Mortgage 509

Mortgage Inventory Tools Investors 509

Housing Wire

SEPTEMBER 7, 2023

A slight cooling in mortgage rates wasn’t enough to keep mortgage applications from sinking to a 28-year low. Freddie Mac‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.12% as of Sept.

Housing Market 421

Housing Market Mortgage Marketing Contracts 421

Housing Wire

FEBRUARY 8, 2024

The 30-year fixed-rate mortgage averaged 6.64% as of Feb. Meanwhile, the 15-year fixed rate averaged 5.90% this week, down from 5.94% during the prior week. Meanwhile, the 15-year fixed rate averaged 5.90% this week, down from 5.94% during the prior week.

Mortgage 411

Mortgage Marketing Sellers Buyers 411

Housing Wire

SEPTEMBER 14, 2023

Freddie Mac ‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.18% as of Sept. By contrast, the 30-year fixed-rate mortgage was at 6.02% a year ago at this time. 14, up from last week ’s 7.12%.

Mortgage 426

Mortgage Inventory Buyers Investors 426

Housing Wire

MARCH 7, 2024

Home sellers looking to maximize their sale price may want to avoid the start of the busy spring buying season and list their properties closer to the midpoint of the year, according to a Zillow analysis released Thursday. more than at other times of the year, equating to an additional $7,700 on the typical U.S.

Sellers 394

Sellers Buyers Real Estate Inventory 394

Housing Wire

NOVEMBER 9, 2023

As 10-year Treasury yields tumbled, the average 30-year fixed mortgage fell 26 basis points in the week ending Nov. The 30-year, fixed mortgage averaged 7.5% That’s down significantly from last week ’s 7.76% and up from 7.08% the same week a year ago. as of Nov. for the week ending Nov.

Mortgage 462

Mortgage Inventory Investors Housing Market 462

Housing Wire

JANUARY 18, 2024

The 30-year fixed-rate mortgage averaged 6.6% The 15-year fixed-rate mortgage averaged 5.76% this week, down from 5.87% the prior week. HousingWire’s Mortgage Rates Center showed Optimal Blue’s average 30-year fixed rate on conventional loans at 6.709% on Thursday, up from 6.66% recorded at the same time last week.

Mortgage 529

Mortgage Inventory Retail Construction 529

Housing Wire

JANUARY 17, 2024

Mortgage rates at their lowest level in three weeks led to an increase in borrowers’ demand for home loans last week, spreading some optimism in the industry in the first few weeks of 2024. Rates on jumbo loans (greater than $766,550) fell to 6.86% from 6.98% on a weekly basis. in the week ending Jan. ” .”

Mortgage 428

Mortgage Retail Investors Marketing 428

Housing Wire

FEBRUARY 1, 2024

The 30-year fixed-rate mortgage averaged 6.63% as of Feb. Meanwhile, the 15-year fixed rate averaged 5.94% this week, down from 5.96% during the prior week. Meanwhile, the 15-year fixed rate averaged 5.94% this week, down from 5.96% during the prior week. Is the housing market normalizing?

Mortgage 431

Mortgage Housing Market Sellers Inventory 431

Housing Wire

NOVEMBER 22, 2023

The 30-year, fixed mortgage rate averaged 7.29% for the week ending Nov. That’s down significantly from last week ’s 7.44% and up from 6.58% the same week a year ago. HousingWire’s Mortgage Rates Center showed Optimal Blue ’s average 30-year fixed rate on conventional loans at 7.283% on Wednesday. “In

Mortgage 444

Mortgage Construction Inventory Marketing 444

Housing Wire

SEPTEMBER 13, 2023

Simultaneously, purchase applications increased over the week despite the increase in rates , buoyed by a 2% gain in conventional loans. The unadjusted purchase index decreased 11% compared with the previous week and was 27% lower than the same week one year ago. of total applications from 30% the previous week. from 13.7%

Mortgage 376

Mortgage Contracts Finance 376

Housing Wire

AUGUST 10, 2023

The 30-year fixed mortgage rate continued its upward trajectory for the third consecutive week, rising to 6.96%, according to Freddie Mac. Since the last FOMC meeting in July, all eyes have been fixed on Thursday’s Consumer Price Index release. since May of this year, the 4.2

Mortgage 370

Mortgage Real Estate Buyers Construction 370

Housing Wire

JANUARY 11, 2024

Mortgage rates ticked up this week as the 10-year Treasury yield made its way back above 4%. The 30-year fixed-rate mortgage averaged 6.66% as of Jan. The 15-year fixed-rate mortgage averaged 5.87% this week, down from 5.89% the prior week.

Mortgage 394

Mortgage Sellers Inventory Buyers 394

Housing Wire

JANUARY 25, 2024

The 30-year fixed-rate mortgage averaged 6.69% as of Jan. Meanwhile, the 15-year fixed rate averaged 5.96% this week, up from 5.76% during the prior week. Meanwhile, the 15-year fixed rate averaged 5.96% this week, up from 5.76% during the prior week. by the fourth quarter.

Mortgage 395

Mortgage Inventory Real Estate Housing Market 395

Housing Wire

AUGUST 31, 2023

Freddie Mac‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.18% as of Aug. By contrast, the 30-year fixed-rate mortgage was at 5.66% a year ago at this time. 31, down from last week ’s 7.23%.

Mortgage 389

Mortgage Housing Market Contracts Buyers 389

Housing Wire

DECEMBER 6, 2023

Total home loan applications increased 2.8% The 30-year fixed-rate mortgage averaged 7.17% last week. Purchase applications rose by 35% week-over-week on an unadjusted basis, though they were 17% lower than a year ago. The refinance index rose by 14% on a weekly basis and was 10% higher than a year ago.

Mortgage 512

Mortgage Marketing Inventory Finance 512

Housing Wire

OCTOBER 12, 2022

Mortgage demand continues to decline amid surging home loan rates, according to the latest survey from the Mortgage Bankers Association (MBA). . from the previous week and was 86% lower than the same week one year ago. from the previous week and was 86% lower than the same week one year ago. two weeks prior.

Mortgage 384

Mortgage Contracts Housing Market Marketing 384

Housing Wire

DECEMBER 5, 2023

California-based Pennymac Financial Services ’s broker division, Pennymac TPO , launched a home equity loan product as tappable home equity nears its 2022 peak. A home equity loan — also known as a second mortgage — enables a homeowner to borrow money by leveraging equity in a home.

Mortgage 367

Mortgage Clients Technology Finance 367

Housing Wire

APRIL 9, 2024

It’s an election year, and housing affordability appears to be a big concern for voters. So, it’s not surprising to see the administration and members of Congress announcing big-ticket legislative initiatives to boost homeownership — like a first-time homebuyer tax credit and the Neighborhood Investment Act to fix up older homes.

Sellers 439

Sellers Realty Insurance Realtors 439

Housing Wire

APRIL 18, 2024

homebuyers rose to a record $2,775 during the four-week period ending April 14, up 11% year over year, according to a Redfin report. On Thursday, HousingWire’s Mortgage Rates Center showed the average 30-year fixed rate for conventional loans at 7.31%, up from 7.19% a week earlier. from one year ago.

Mortgage 308

Mortgage Housing Market Realtors Inventory 308

Housing Wire

FEBRUARY 8, 2023

Still, mortgage demand is down 58% from a year prior. The 30-year fixed rate is almost a percentage point below its recent high of 7.16% in October 2022,” said Joel Kan, MBA’s vice president and deputy chief economist. 8, mortgage rates on a 30-year-fixed rate loan averaged 6.42%. from 12.0%

Mortgage 364

Mortgage Contracts Inventory Marketing 364

Housing Wire

JANUARY 9, 2024

Home-equity lending overall found its wings in 2023 as a number of independent mortgage banks ramped up product lines over the course of the year — despite a bump in the road in the third quarter when mortgage rates surged past 7%. year over year as of the third quarter of last year.

Lending 439

Lending Inventory Mortgage Finance 439

Housing Wire

JANUARY 25, 2023

Lower mortgage rates The Mortgage Bankers Association (MBA) reported on Tuesday that the average contract interest rate for 30-year fixed mortgages with conforming loan balances ($726,200 or less) decreased to 6.20% for the week ending January 20, down from 6.23% in the previous week.

Buyers 474

Buyers Mortgage Real Estate Agent Contracts 474

Housing Wire

MARCH 15, 2024

Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported an average net loss of $2,109 on each loan they originated in the fourth quarter of 2023, according to the Mortgage Bankers Association (MBA). Production gains and losses for IMBs and mortgage subsidiaries of chartered banks over the past five years.

Valuation 416

Valuation Mortgage Inventory Marketing 416

Housing Wire

JULY 13, 2023

from a year ago, the smallest annual increase since March 2021. Freddie Mac’s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 6.96% as of July 13, up from last week ’s 6.81%. And rates could remain above 6.5%

Mortgage 352

Mortgage New Listings Buyers Inventory 352

Housing Wire

JANUARY 13, 2022

The average 30-year fixed rate mortgage increased to 3.45% during the week ending Jan. A year ago, the 30-year fixed rate mortgage averaged 2.79%. The 15-year fixed rate mortgage averaged 2.62% last week, up from 2.43% the week prior. A year ago at this time, it averaged 2.23%.

Supply Chain 487

Supply Chain Mortgage 487

Housing Wire

JULY 27, 2023

Freddie Mac’s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 6.81% as of July 27, up from last week ’s 6.78%. By contrast, the 30-year fixed-rate mortgage was at 5.30% a year ago at this time.

Mortgage 327

Mortgage Property Taxes Housing Market Buyers 327

Housing Wire

AUGUST 30, 2023

Mortgage applications for home purchases and refinances increased for the first time in five weeks but remain at low levels. from the prior week , according to data from the Mortgage Bankers Association. “ Mortgage rates were mostly unchanged last week, with the 30-year fixed rate remaining at 7.31 Also noteworthy, a 7.9%

Mortgage 374

Mortgage Contracts Government Inventory 374

Housing Wire

JULY 6, 2023

The Freddie Mac’s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 6.81% as of July 6, up significantly from last week ’s 6.71%. By contrast, the 30-year was at 5.30% a year ago at this time.

Mortgage 381

Mortgage Construction Inventory Investors 381

Housing Wire

NOVEMBER 15, 2023

Both purchase and refinance applications increased to their highest weekly pace in five weeks after mortgage rates logged the largest decline in a year. Total home loan applications increased 2.8% It was the largest one-week decrease recorded since November 2022, prompted by a decline in the 10-year Treasury yield last week.

Mortgage 408

Mortgage Marketing Finance 408

Housing Wire

DECEMBER 20, 2023

Total home loan applications decreased by 1.5% The share of Federal Housing Administration (FHA) loan activity decreased to 15.5%, down from 16.1% The share of Department of Veterans Affairs (VA) loan activity was 15.6%, up from 14.2% Department of Agriculture (USDA) loan activity remained unchanged at 0.4%.

Mortgage 369

Mortgage Marketing Finance 369