2002 Buyers Development Mortgage 
Housing Wire
JUNE 28, 2022
Imagine if mortgage rates didn’t rise this year. We are still showing double-digit home-price growth trends in the recent data as it takes time for higher mortgage rates to really increase supply back to normal levels. Since 2014, we’ve not seen the credit housing boom that we saw from 2002-2005. million or higher.
Housing Wire
AUGUST 21, 2020
That belief, however, assumes that one does not understand the two main drivers of housing: demographics and mortgage rates. As it happens, these fabulous demographics are accompanied by the lowest mortgage rates ever recorded in history. All that other stuff, my friends, is just stamp collecting.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
AUGUST 11, 2020
The most abhorrent racist practices, such as redlining, are officially prohibited, yet bias creeps into mortgage lending in myriad ways. So, early in my career, I sought for ways to help would-be buyers, most being minorities, bridge the gap and achieve homeownership earlier. It’s a serious challenge.
Housing Wire
MARCH 23, 2022
We finally got mortgage rates to rise, and for people like me who have been concerned about how unhealthy the housing market was last year — and it got a lot worse this year — it’s a blessing that was much needed. million line in the sand has been this: Home prices grow above that 23% level: check Mortgage rates spike higher: check.
Housing Wire
MARCH 23, 2023
This business model means that the builders are very mindful of the demand for their product and keep an eye out on their main competition, the existing home market, where supply is cheaper for a buyer. They can cut prices, pay down mortgage rates for their buyers, and do what they need to to make it work for them to move their products.
Housing Wire
DECEMBER 5, 2022
I have been part of the mortgage banking industry since 1983 — 39 years to date through different housing markets. In fact, it was the skills I developed selling loans that helped develop my ability to influence policy leaders and others in industry during my time as Federal Housing Commissioner and as CEO of the Mortgage Bankers Association.
Housing Wire
SEPTEMBER 22, 2020
The new home sales market is doing well as it really benefits from lower mortgage rates. million until the years 2020-2024 because we would need to start the year with over 737,000 new home sales in order for developers to see the need for that amount of building. Mortgage rates are one of the primary drivers of demand.
Expert insights. Personalized for you.
482 
Let's personalize your content