Housing Wire
JULY 21, 2022
Retail housing market data from June showing early signs of a real estate slowdown was foreshadowed three months earlier in buyer behavior at foreclosure auctions. These two key foreclosure auction metrics show a clear shift in March toward more conservative bidding behavior, both in terms of max offers and buy box for investors.
Housing Wire
JULY 5, 2022
Property valuation API and risk assessment API, released late last month, connect directly into existing systems through a single integration for lenders, investors and system providers, the company said in a news release. . The two desktop appraisal solutions were developed to meet new desktop appraisal guidelines in April. .
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Housing Wire
JUNE 8, 2023
Investors’ eyes are now fixed on the upcoming FOMC meeting, scheduled for June 13 and 14. 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 6.71% as of June 8, down from last week’s 6.79%. ”
Housing Wire
OCTOBER 6, 2023
These measures will provide the market with greater certainty about the future path of mortgage rates and the Fed’s plans for its MBS portfolio and reduce volatility for traders and investors, Broeksmit noted. to 5% – the highest level since 2001. The central bank currently holds about $2.6
Housing Wire
AUGUST 24, 2023
Mortgage rate shot up again last week as the bond market continues to grapple with a growing economy in the run up to the next Federal Open Market Committee meeting. Investors are concerned that the central bank will continue raising the funds rate, pushing borrowing costs even higher. What does it mean for the housing market ?
Housing Wire
OCTOBER 18, 2022
due to the slowdown in the housing market, according to the firm. Established in 2001, the Nevada-headquartered company delivers solutions to modernize the appraisal process, which may take days to weeks to complete, or even longer during booming markets.
Housing Wire
MAY 31, 2022
Mortgage lenders and real estate investment firms this month entered tight housing markets in the Midwest and the Northwest to better reach prospective homebuyers, despite a challenging mortgage market. Chicago’s housing market started out hot in 2022. Department of Agriculture (USDA). during the same time.
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