11 an-end-to-large-rate-hikes-from-the-fed 2022 Related Topics 
Housing Wire
OCTOBER 16, 2023
The trough for the mortgage origination market is nearing an end point and 2024 is shaping up to be a better year for the industry, economists of the the Mortgage Bankers Association (MBA) said at the 2023 Annual Convention & Expo in Philadelphia, Pennsylvania. Purchase originations are forecast to increase 11% to $1.47
Housing Wire
MARCH 7, 2024
Federal Reserve Chair Jerome Powell indicated in recent congressional testimony that interest rate hikes are now likely at the “ peak for the current tightening cycle ,” after signaling in November of last year that the Fed was close to the end of its war on inflation.
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Housing Wire
DECEMBER 16, 2021
We’ve had the sharpest and yet also the shortest recession in history, record-low mortgage rates leading to record origination volumes, and record home prices as housing demand far outstripped supply. A silver lining is that we are expecting both 2022 and 2023 to be record years for purchase originations.
Housing Wire
APRIL 1, 2022
We also had 95,000 positive revisions, and although this was a slight miss of estimates, it continues the solid trend of good job reports in 2022. unemployment rate stands at 3.6%, and we are getting closer and closer to my September 2022 forecast of getting all the jobs back that we lost due to COVID-19.
Appraisal Today
DECEMBER 2, 2022
Excerpts from the letter: … including, but not limited to, experience in real estate market analysis and real estate brokerage, including: • Evaluating and pricing residential real estate. NAR Urges Appraisal Foundation To Establish Equivalency Credit for Education and Experience. Compliance with Fair Housing laws, rules, and regulations.
Will Springer Realtor
DECEMBER 19, 2023
As the year dims, all eyes fixate on 2024’s potential: a hopeful dance fueled by dreams of lower rates and a wave of new homes for sale. We experienced yet another unusual year for residential real estate – high interest rates, leading to affordability challenges amid low inventory. Buyers and sellers tiptoed through caution.
Will Springer Realtor
JANUARY 9, 2024
The Federal Reserve played the role of Santa Claus and delivered an unexpected present just before Christmas in the form of a forecast for lower interest rates in 2024. Before we look ahead, let’s take a quick glimpse at the final numbers from 2023, courtesy of the Northwest Multiple Listing Service. Ho, ho, ho … and oh my!
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