Remove 2007 Remove Housing Market Remove Insurance Remove Lending
article thumbnail

Why mortgage lending standards will ease in 2021

Housing Wire

Economists and housing experts say mortgage lending standards will likely loosen in 2021, despite the increased risk of delinquencies ahead. housing market. The post Why mortgage lending standards will ease in 2021 appeared first on HousingWire. Such a scenario illustrates the growing disparities in the U.S.

Lending 545
article thumbnail

Don’t expect a drastic housing market turnaround in 2023, Fitch Ratings says

Housing Wire

mortgage insurance market in 2023 to deteriorate. The sector outlook reflects expectations for a slowing economy in 2023, with a modest increase in unemployment and potential pricing corrections in the housing market. mortgage insurance sector,” Christopher Grimes, director of Fitch Ratings, said.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Housing Market Tracker: Spring inventory falls

Housing Wire

In 2007, when sales were down big, total active listings peaked at over 4 million. We had high inventory levels while the unemployment rate was still excellent in 2007. This proves that the mass supply growth we saw from 2005-2007 was due to credit stress, not because the economy was in a recession; the U.S.

Inventory 483
article thumbnail

Rumors of Credit Suisse’s death are greatly exaggerated  

Housing Wire

Switzerland-based global lender Credit Suisse Group AG had a rough start this week after its stock was beaten down by 11%, the value of its riskiest debt fell more than 10% and the cost of purchasing derivatives insuring against the bank defaulting rose sharply. We believe the U.S. this year through September.

article thumbnail

Fla. Unlikely to Feel Impact from Slowing Market

Empire Appraisal Group

markets, but Fla.’s Six of the nation’s top 25 most overvalued housing markets are in the Sunshine State, which can expect to see a “prolonged period of unaffordability” even as prices in other regions of the country cool. We are poised to have a very hot market through 2022 and a very robust spring homebuying season.”.

article thumbnail

Is There a Market Correction on Its Way?

McKissock

Additional indicators can be some of the factors that led up to the last market bust; there are plenty of articles online with which to familiarize yourself. Some early warning signs of housing market correction are: A) Listing inventory in MLS starts to climb steadily. What will be the early signs? Obvious signs.

article thumbnail

Why now is not the time for FHA premium cuts

Housing Wire

In its most recent annual report to Congress, November 2020, the Federal Housing Administration ( FHA ) published its “capital ratio,” a measure of capital reserves to insurance-in-force held within the Mutual Mortgage Insurance Fund (MMI Fund). The same report revealed FHA had amassed capital reserves in the amount of $78.9

Insurance 237