2002 Buyers Mortgage Realtors 
Housing Wire
MARCH 18, 2022
The National Association of Realtors reported that existing home sales for February came in as a miss of estimates at 6.02 You can see why I have been on team higher mortgage rates for some time now because we don’t have any other way to get off this madness. This level is still within my 2022 forecast sales range between 5.74
Housing Wire
SEPTEMBER 22, 2022
Today the National Association of Realtors reported that existing home sales fell once again to 4.80 Even though this was a beat of estimates, the sales decline trend due to higher mortgage rates and home prices continues. Is this the first stage of a mortgage rate lockdown? from July to a seasonally adjusted annual rate of 4.80
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Housing Wire
MAY 18, 2023
We don’t have a massive credit boom as purchase application data is at historical lows; we haven’t had the same run-up in credit as we saw from 2002-2005. Since purchase application is very seasonal, and that seasonality is almost done after May, we should now be watching mortgage rates.
Housing Wire
MAY 19, 2022
The National Association of Realtors reported Thursday that existing home sales for April came in at 5.61 However, this year has seen one big game-changer: the 10-year yield finally cracked over 1.94%, which drove mortgage rates over 4%. Economics done right should be boring, and you always want to be the detective, not the troll.
Housing Wire
APRIL 20, 2022
The National Association of Realtors reported that existing home sales for March came in as a miss of estimate at 5.77 This means higher mortgage rates, so we need to talk about the housing market in a rising-rate environment without going into housing crash mode like the professional grifters do for clicks. million in March.
Housing Wire
DECEMBER 22, 2020
Today, the National Association of Realtors reported a 2.5% We see hints of this delayed home sales shift in the Mortgage Bankers Association’s purchase application data. Because housing demand is at pre-cycle highs, we can infer home prices are not an issue for most buyers. If we have greater than 4.6%
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.
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