2009 Inventory Mortgage Sellers 
Housing Wire
OCTOBER 3, 2022
Home prices are now posting the biggest monthly declines since January 2009, according to the latest Mortgage Monitor report from Black Knight. With mortgage rates at 6.7% of the median household income to make the monthly mortgage payment on the median-priced home bought with a 30-year mortgage and 20% down, Black Knight said.
Housing Wire
JANUARY 31, 2023
Lack of inventory is an issue builders and mortgage loan originators alike are dealing with across the nation. It’s also what keeps Andrew Marquis, regional vice president at CrossCountry Mortgage and Scotsman Guide ’s seventh top LO, up at night, especially as he sees more buyers entering the market.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
JUNE 10, 2022
His recent article, “Purchase apps are at 2009 level: where’s the inventory?” takes a deep dive into what the heck is going on with purchase applications, housing demand and inventory levels. This article, for example, asks why, if purchase applications are down to 2009 levels, are inventory levels still so freaking low?
Housing Wire
MAY 26, 2022
It’s an excellent time to discuss housing inventory. As the 10-year yield broke above 1.94% and mortgage rates rose, we saw the impact on housing data. Today, however, the purchase application data is actually down to levels we saw in 2009 ! How can housing inventory be so low today when it skyrocketed back in 2009?
Miller Samuel
FEBRUARY 12, 2019
When Jeff and Marie asked me to be formally interviewed for their blog " The Apple Peeled " I was happy to do so, especially because I could veer off the road into issues about the current mortgage and appraisal process. The 10-year Challenge (2009 vs. 2019). In 2009, the average discount from listing was 10.2%.
Housing Wire
JULY 1, 2021
Servicers should also be sharing the mathematics of mortgage forbearance. Hubzu for Signature Seller Assisted Sale (SSAS), standard short sale, foreclosure and ultimately REO management and sales) that can perform well, no matter the volume. Most homeowners will be exiting forbearance after 12 or even 15 months of not making payments.
DW Slater Company
JANUARY 30, 2023
The rocket soon turned and begin its descent in May as mortgage rates began to rise in March. Mortgage rates impact housing as they affect buying power. Mortgage interest rates peaked in November and have been hovering around 6 % for the 30-year fixed rate. As we look at the housing market for 2022, a clear shift has occurred.
Expert insights. Personalized for you.
523 
Let's personalize your content