Housing Wire

JANUARY 5, 2024

The Fed’s Federal Open Market Committee (FOMC) meets eight times a year to review current and predicted economic conditions and may adjust their policies accordingly. The Fed’s Federal Open Market Committee (FOMC) meets eight times a year to review current and predicted economic conditions and may adjust their policies accordingly.

Real Estate 441

Real Estate Agents Marketing Sellers 441

Housing Wire

MARCH 18, 2024

Relitix’s Agent Movement Index continues to rise on a seasonally adjusted basis as real estate agents continue the trend of switching brokerages at a faster rate than 2023. with a seasonally adjusted value of 96.2. The relative amount of movement fluctuates over time on a seasonal and long-term basis. respectively.

Real Estate Agent 406

Real Estate Agent Real Estate Brokerage Agents 406

Housing Wire

FEBRUARY 21, 2024

According to Relitix’s Agent Movement Index continues to rise on a seasonally adjusted basis as agents begin switching brokerages at a faster rate than 2023. for January with a seasonally adjusted value of 91.5. The relative amount of movement fluctuates over time on a seasonal and long-term basis. respectively. respectively.

Real Estate Agent 450

Real Estate Agent Real Estate Brokerage Agents 450

Housing Wire

MARCH 6, 2024

on a seasonally adjusted basis during the week ending March 1, according to the Mortgage Bankers Association ’s (MBA) weekly mortgage applications survey. Purchase applications increased by 11% from one week earlier on a seasonally adjusted basis, while refinance applications rose by 8% in the same period. the previous week.

Mortgage 432

Mortgage Retail New Listings Inventory 432

Housing Wire

JANUARY 18, 2024

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. This is an encouraging development for the housing market and in particular first-time homebuyers who are sensitive to changes in housing affordability.

Mortgage 530

Mortgage Inventory Retail Construction 530

Housing Wire

OCTOBER 17, 2023

The seasonally adjusted values show a mild rebound beginning in January 2023. “The seasonally adjusted index has been moving toward greater mobility for six months and the trailing 12-month measurement appears to have bottomed out. . for September with a seasonally adjusted value of 88.5.

Real Estate Agent 409

Real Estate Agent Real Estate Agents Brokerage 409

Housing Wire

NOVEMBER 22, 2023

On a seasonally adjusted basis, purchase applications rose by nearly 4% over the week, with increases in both conventional and government purchase loan demand. The adjustable-rate mortgage (ARM) share of activity fell to 8.3% Total home loan applications increased 3% for the week ending Nov. last week but remained subdued.

Mortgage 466

Mortgage Government Marketing Finance 466

Housing Wire

JANUARY 16, 2024

for December with a seasonally adjusted value of 92.2. The relative amount of movement fluctuates over time on a seasonal and long-term basis. The relative amount of movement fluctuates over time on a seasonal and long-term basis. Agents will begin moving more between brokerages in 2024 as the market begins to normalize.

Real Estate Agent 450

Real Estate Agent Real Estate Agents Brokerage 450

Housing Wire

OCTOBER 11, 2023

But it was built to have a “little bit of wiggle room” to adjust to market conditions and opportunities for tomorrow. . It has been laid down about five times since I joined the company, and you have to react to that and adjust to that. So, the Vision 2025 was built to have a little bit of wiggle room to adjust it.

Investing 431

Investing Valuation Marketing Mortgage 431

Housing Wire

AUGUST 8, 2023

The solution combines property data, AI, a condition-adjusted AVM and photos input by the homeowner to deliver a quick, reliable way to determine property value and available equity.

Valuation 365

Valuation Lending Mortgage 365

Housing Wire

NOVEMBER 27, 2023

This is where the seasonally adjusted values also indicate a new low in the movement of agents between firms. for September with a seasonally adjusted value of 88.5. The relative amount of movement fluctuates over time on a seasonal and long-term basis. The most recent trailing 12-month value shows a new low of 89.4,

Real Estate Agent 436

Real Estate Agent Real Estate Agents Brokerage 436

Housing Wire

SEPTEMBER 26, 2023

The seasonally adjusted values show a mild rebound beginning in January 2023. “ The seasonally adjusted values show a mild rebound beginning in January 2023. “ for August with a seasonally adjusted value of 89.2. The relative amount of movement fluctuates over time on a seasonal and long-term basis.

Real Estate Agent 406

Real Estate Agent Real Estate Agents Brokerage 406

Appraisal Buzz

MAY 1, 2024

Lenders must also judiciously assess risks associated with adjustable-rate mortgages (ARMs). While ARMs can be attractive in a falling-rate environment, clear communication about potential rate adjustments is imperative to ensure borrower understanding and mitigate risk.

Mortgage 195

Mortgage Housing Market Buyers Finance 195

Housing Wire

JANUARY 11, 2024

As I have stressed time and time again, when the market believes the Federal Reserve is done hiking rates, the markets make a big move lower with the 10-year yield and mortgage rates. percent in December on a seasonally adjusted basis, after rising 0.1 percent in December on a seasonally adjusted basis, after rising 0.1

Supply Chain 504

Supply Chain Marketing Mortgage 504

Housing Wire

SEPTEMBER 26, 2023

In July, prices rose in all 20 cities after seasonal adjustment, and in 19 of them before adjustment. Housing equity is at an all-time high, providing homeowners a very deep cushion against a downturn. Housing equity is at an all-time high, providing homeowners a very deep cushion against a downturn.

Inventory 458

Inventory Housing Market Lending Buyers 458

Housing Wire

AUGUST 7, 2023

The report found that nationally, home prices in June rose by 0.67% month-over-month on a seasonally adjusted basis. Month-over-month, home prices increased in more than 60% of markets, with notable exceptions in Austin and San Antonio, where prices declined month to month in June on a seasonally adjusted basis.

Marketing 370

Marketing Mortgage Housing Market Real Estate 370

Appraisal Buzz

APRIL 30, 2024

home prices are at or near all-time highs,” says Brian D. Our 10- and 20-city composite indices are currently at all-time highs. For the third consecutive month, all cities reported increases in annual prices, with four currently at all-time highs: San Diego, Los Angeles, Washington, D.C., compared with January and up 6.4%

Buyers 195

Buyers Mortgage Appraisal 195

Housing Wire

DECEMBER 20, 2023

for November with a seasonally adjusted value of 85.8. The relative amount of movement fluctuates over time on a seasonal and long-term basis. Methodology: The AMI is published monthly and features monthly and seasonally adjusted, and 12-month trailing values. The monthly AMI value finished at 75.8

Real Estate 410

Real Estate Brokerage Real Estate Agent Agents 410

Housing Wire

AUGUST 31, 2023

By contrast, the 30-year fixed-rate mortgage was at 5.66% a year ago at this time. Incentivized by return-to-office demands, some buyers have adjusted to the higher mortgage rate environment and are moving forward with their home search, according to Realtor.com’s 2023 Hottest Zip Codes report. 31, down from last week ’s 7.23%.

Mortgage 421

Mortgage Housing Market Contracts Buyers 421

Housing Wire

SEPTEMBER 15, 2023

in August 2022 and marks the highest percentage since October 2022, when mortgage rates surpassed 7% for the first time in two decades. on a seasonally-adjusted basis to 381,192 in August from the previous month. to 474,239 in August on a seasonally-adjusted basis from July. That rate is up from 14.3% The median U.S.

Buyers 421

Buyers Mortgage New Listings Real Estate Agent 421

Housing Wire

NOVEMBER 29, 2023

Similarly, refinance activity will likely be muted for some time, even with the recent decline in rates, as many borrowers locked in much lower rates in 2020 and 2021.” The decline in mortgage rates spurred a small increase in purchase applications last week; they ticked up 5% on a seasonally adjusted basis from the prior week.

Mortgage 430

Mortgage Marketing 430

Housing Wire

DECEMBER 20, 2023

Mortgage demand fell for the first time since November as mortgage rates reached their lowest level since June 2023. ” Purchase applications decreased by 1% week over week on an adjusted basis. Total home loan applications decreased by 1.5% for the week ending Dec. the week prior. over the previous week, while the share of U.S.

Mortgage 445

Mortgage Marketing Finance 445

Housing Wire

DECEMBER 12, 2023

percent in November on a seasonally adjusted basis, after being unchanged in October, the U.S. percent in November on a seasonally adjusted basis, after being unchanged in October, the U.S. percent before seasonal adjustment. Core CPI would be much lower today if we had real-time rent data.

Real Estate 491

Real Estate Marketing Mortgage 491

Housing Wire

NOVEMBER 8, 2023

Mortgage applications picked up for the first time in four weeks as mortgage rates dropped by 25 basis points, to 7.61%. Refinance applications inched up by 2% from the previous week and fell 7% from the same time period in 2022. Meanwhile, the adjustable-rate mortgage (ARM) share of activity decreased to 9.8%

Mortgage 441

Mortgage Inventory Finance 441

George Dell

APRIL 12, 2023

Appraiser credibility continues to decay over time. Even during the great runup in prices, and now the spotty, often rapid rundown in prices – residential appraisers mostly turned a blind eye to the need for this critical “time adjustment.” Non-residential appraisers have yet to see the coming value shifts.

Appraisal 195

Appraisal Marketing Valuation 195

Housing Wire

APRIL 4, 2024

We gave the public extra time to comment on the rule because it was really complex. I expect them to make adjustments to the final rule. We’re analyzing those comments,” Barr said Wednesday afternoon during a conference hosted by the National Community Reinvestment Coalition (NCRC) in Washington, D.C.

Real Estate 502

Real Estate Training Mortgage Marketing 502

George Dell

FEBRUARY 7, 2024

MPI© (Market Price Indexing) is a holistic approach to market analysis and “time adjustments.” Create a scatterplot with sale prices over time. Here we look at the process, the theory, the judgment, and the benefits of this model. MPI – The process involves simple mechanics: Download the relevant competitive market data.

Marketing 195

Marketing 195

Housing Wire

AUGUST 14, 2023

Rate lock activity fell for the second month in July as mortgage rates topped 7% for the first time since November 2022. The 30-year conforming rates crossed 7% for the first time in eight months, before falling sharply and then rebounding to 6.88%, according to Black Knight’s Optimal Blue mortgage market indices.

Housing Market 370

Housing Market Mortgage Inventory Lending 370

Housing Wire

FEBRUARY 27, 2024

For the first time in 2023, all 20 markets reported yearly gains, with four markets rising over 8%. National Index, the 20-City Composite, and the 10-City Composite all posted month-over-month increases of 0.2%, after seasonal adjustment. National Home Price Index posted a 5.5% annual gain in December, up from a 5.1%

Inventory 431

Inventory Housing Market Buyers Marketing 431

Housing Wire

FEBRUARY 29, 2024

Meanwhile, new home sales , which are also a measure of contract signings, reached a seasonally adjusted annual rate of 661,000 in January, up 1.5% Southern states and those in the Rocky Mountain time zone experienced faster job growth compared to the rest of the country,” Yun added. “As Pending home sales dropped 4.9% in December.

Contracts 431

Contracts Inventory Realtors New Listings 431

Housing Wire

JANUARY 20, 2023

The Federal Housing Finance Agency this week made a series of significant changes to loan level pricing adjustment (LLPA) fees charged by Fannie Mae and Freddie Mac on conventional/conforming mortgages. The LLPA changes make permanent reduced or eliminated fees for first-time homebuyers and those with low and moderate incomes.

Mortgage 541

Mortgage Realtors Real Estate Investors 541

Appraisal Buzz

MARCH 21, 2024

Existing-home sales were at a seasonally adjusted annual rate of 4.38 million in February, an increase of 9.5% compared with January but down 3.3% compared with February 2023, according to the National Association of Realtors (NAR). It was the largest monthly increase since February 2023. million by the end of the month – up 5.9%

Inventory 394

Inventory Realtors Investors Buyers 394

Housing Wire

MARCH 13, 2024

on a seasonally adjusted basis during the week ending March 8, according to the Mortgage Bankers Association ’s (MBA) weekly mortgage applications survey. Purchase loan application volume increased by 5% from one week earlier but remains about 11% below the level of the same time last year. Mortgage applications increased by 7.1%

Mortgage 450

Mortgage Retail Government Marketing 450

Housing Wire

NOVEMBER 27, 2023

The decline in the 10-year Treasury yield and agency mortgage-backed securities (MBS) yields — due to a soft jobs report in late October — led to a slight pick up in seasonally-adjusted mortgage application volume. times the median annual income, Piper Sandler said. Application volume index declined 19% year over year as of Oct.

Mortgage 420

Mortgage Investing Government Real Estate 420

Housing Wire

AUGUST 3, 2023

Carrie Wheeler, CEO of Opendoor, said the company exceeded the high end of its guidance for adjusted Ebitda and revenues in the second quarter as it continues to “focus on what we can control and operate with discipline in this environment.” The contribution margin was negative 4.6% in Q2 2023. in Q2 2023.

Inventory 369

Inventory Contracts Sellers Housing Market 369

Mortgagebroker News

MAY 20, 2021

Markets observer says the changes do not address the fundamental problems for first-time home buyers

Buyers 76

Buyers Marketing 76

Housing Wire

NOVEMBER 15, 2023

Purchase applications rose 3% week over week while refinance applications inched up by 2% over the same time period. Meanwhile, the adjustable-rate mortgage (ARM) share of activity decreased to 8.8% Total home loan applications increased 2.8% for the week ending Nov. of total applications, down from 9.8% the previous week.

Mortgage 441

Mortgage Marketing Finance 441