Housing Wire

MARCH 8, 2024

The Desjardins Group , a Quebec-based lender, is no longer issuing mortgages in high-risk flood areas, multiple media outlets reported this week. According to the Insurance Bureau of Canada , roughly 1.5 According to the Insurance Bureau of Canada , roughly 1.5 In addition, Canada doesn’t have a national flood insurance program.

Insurance 438

Insurance Mortgage Housing Market Buyers 438

Housing Wire

JANUARY 30, 2024

housing market has reached its least affordable point in decades and housing agencies have increasingly rolled out homebuyer assistance programs to tackle this issue. A total of 135 new homebuyer assistance programs were introduced in 2023, a 6% increase over the previous year.

Landlords 506

Landlords Housing Market Mortgage Design 506

Housing Wire

OCTOBER 6, 2023

New American Funding ’s partnership with Matic Insurance and OneSource Solution will provide insurance and home setup services for existing and new customers while NAF is processing the loan. Mortgage customers can bundle food, wind, auto, pet, life and other personal lines of insurance through NAF Insurance, which is powered by Matic.

Insurance 423

Insurance Brokerage Government Real Estate 423

Housing Wire

OCTOBER 11, 2023

As Megan Hernandez, ALTA’s director of marketing and public relations put it, “he was due for a glow up.” “We We wanted to craft a brand that is impossible to ignore,” Jack Rattikin III, ALTA’s 2022-2023 president, told attendees gathered in The Broadmoor’s International Center.

Insurance 414

Insurance Government Real Estate Finance 414

Housing Wire

FEBRUARY 21, 2024

Many analysts who cover the mortgage industry believe that the worst of the current cycle may be in the rearview mirror. In 2022 and 2023, quickly rising mortgage rates and shrinking volumes sent shockwaves through the industry and prompted massive job cutbacks. According to data from the U.S.

Housing Market 405

Housing Market Mortgage Marketing Real Estate 405

Housing Wire

MAY 21, 2023

It was a wild ride for the housing market last week! The 10-year yield rose noticeably, sending mortgage rates near 7% right in the heart of the spring selling season. And purchase apps had a weekly negative print, continuing the 2023 theme of higher rates impacting the data. Purchase application data fell 4.8%

Housing Market 493

Housing Market Marketing Inventory New Listings 493

Housing Wire

APRIL 23, 2024

The HousingWire Marketing Leaders award recognizes outstanding professionals who have demonstrated excellence in marketing within mortgage and real estate. This impact is evident in the achievements of HousingWire’s 2023 Marketing Leaders honorees.

Marketing 404

Marketing Project Management Advertising Real Estate 404

Housing Wire

JANUARY 22, 2024

Seniors largely want to remain in their own homes as they get older, and that preference could be remaking the housing market in the city of Chicago, according to a new report. of Chicago homes amid a housing shortage,” the company said in an email about the report according to the Sun-Times. Boomers own 35.6%

Housing Market 402

Housing Market Marketing Construction Insurance 402

Housing Wire

APRIL 30, 2023

The spring housing market music is playing, and purchase application data and active listing inventory rose together last week. The other focus should be where mortgage rates go; only a little happened last week. The fear of not having an increase in inventory this spring should be put to rest.

Inventory 516

Inventory Housing Market Marketing New Listings 516

Housing Wire

SEPTEMBER 7, 2023

The Mortgage Bankers Association (MBA) on Thursday sent a letter to leaders of the U.S. Senate Committee on Banking, Housing and Urban Affairs to address the availability of flood insurance. MBA members are very concerned that private property insurance has reached a point of critical market dislocation,” the letter said.

Insurance 403

Insurance Real Estate Housing Market Marketing 403

Housing Wire

JUNE 11, 2023

And, the recent uptick in mortgage rates to almost 7% slowed purchase application data again. Mortgage rates stayed in a small range between 6.89% – 6.94% Purchase application data had its fourth straight week of negative data as rates near 7% slowed down demand. First, it took the longest time in U.S.

Inventory 513

Inventory Housing Market Marketing New Listings 513

Housing Wire

MAY 7, 2023

We had a lot of drama over the week between Federal Reserve meetings and banking stress, and mortgage rates and purchase applications both fell. Mortgage rates fell last week as we started the week at 6.73%, got as low as 6.43% to end the week at 6.5%. However, that growth has taken longer in 2023 than any other year in U.S.

Inventory 483

Inventory Housing Market Marketing New Listings 483

Housing Wire

DECEMBER 14, 2022

Slower housing market conditions , mortgage rate volatility and rising affordability challenges took their toll on the title insurance industry during the third quarter of 2022. During the quarter, the title insurance industry generated $5.4 billion in title insurance premiums, down 20.6% was bumped out.

Insurance 393

Insurance Housing Market Marketing Mortgage 393

Housing Wire

JULY 30, 2023

Tracking housing inventory this summer is like watching a zombie slowly walking on the beach. Strong labor data pushed up mortgage rates and purchase applications fell week to week. However, even with all that drama last week, we ended below 4% on the 10-year yield, and mortgage rates ranged from 6.99% to 7.12%.

Housing Market 370

Housing Market Marketing Inventory New Listings 370

Housing Wire

JUNE 26, 2023

Rising mortgage rates , lower homebuyer demand and fewer homeowners choosing to sell their homes caused the housing market to slow during the second half of 2022. In the title insurance industry this resulted in a drop in capital adequacy , according to a report released Friday by Fitch Ratings.

Insurance 367

Insurance Housing Market Inventory Marketing 367

Housing Wire

MARCH 1, 2023

For more than a decade, HousingWire’s Tech100 program has identified and recognized the most innovative technology companies serving the mortgage and real estate industries. The 2023 Tech100 Mortgage winners are continuing to bring innovation to the mortgage process – from origination to closing, and servicing to secondary markets.

Mortgage 382

Mortgage Valuation Technology Appraisal 382

Housing Wire

JUNE 25, 2023

The spring housing inventory was like a zombie rising from the grave, very slow, but the summer is showing some promise and let’s hope it continues. Mortgage rates were again in a small range, hanging near 7%. Also, we must remember that even in 2021, when we had 3% mortgage rates, new listing data was trending at all-time lows.

Inventory 404

Inventory Housing Market Marketing New Listings 404

Housing Wire

APRIL 17, 2023

Local housing markets is a HousingWire magazine feature spotlighting housing trends across the country. Austin, Texas In 2021, Austin had one of the hottest housing markets in the country. Hartford, Connecticut It has been quite a while since the Nutmeg State’s capital city has had a happening housing market.

Housing Market 393

Housing Market Marketing Inventory Buyers 393

Housing Wire

APRIL 27, 2023

Executives at both Stewart Information Services and First American Financial bemoaned the challenging housing market environment as they discussed their respective firms’ first quarter 2023 earnings with investors Thursday morning. According to DeGiorgio, mortgage rates would have to drop well below 5.0%

Housing Market 390

Housing Market Marketing Investors Development 390

Housing Wire

MARCH 21, 2024

Mike Fratantoni , the chief economist and senior vice president of research and industry technology at the Mortgage Bankers Association (MBA), addressed three major challenges in the housing market during testimony before the U.S. House of Representatives ‘ Financial Services Subcommittee on Housing and Insurance.

Insurance 399

Insurance Inventory Mortgage Lending 399

Housing Wire

SEPTEMBER 23, 2022

You think things are bad in the housing market now? Stick around and see if mortgage rates climb into the 7% range. trillion in 2023 will look awfully rosy. Even the most battle-tested industry players are preparing for one of the strongest housing market corrections in decades.

Housing Market 370

Housing Market Marketing Mortgage Buyers 370

Housing Wire

OCTOBER 5, 2023

As the housing market suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment. billion, according to offering documents. “So

Housing Market 414

Housing Market Marketing Contracts Finance 414

Housing Wire

JULY 25, 2023

Insurers and government programs frequently subsidize the cost of rebuilding after storms hit, and mortgages mean homeowners are ceding some risk to lenders—especially if their house goes into foreclosure after a storm,” he explained. Recently, prominent insurance companies have exited some of these areas.

Housing Market 368

Housing Market Insurance Marketing Renovations 368

Housing Wire

JULY 6, 2023

Digital mortgage lender Better.com disclosed that it posted a net loss of $89.9 million in the first quarter of 2023 and cut approximately 91% of its workforce over an approximately 18-month period — due in large part to a substantial decline in its funded loan volume. million and $301.1 Better’s merger partner. .

Real Estate 370

Real Estate Agents Business Mortgage 370

Housing Wire

SEPTEMBER 6, 2023

In the face of spiking interest rates and historically high home prices , $3,000 monthly mortgage payments are common in today’s housing market. That’s before taxes and insurance are factored in (an average of $550 a month). That share fell to just 0.4% over the past three quarters, researchers found.

Mortgage 404

Mortgage Insurance Housing Market Marketing 404

Housing Wire

SEPTEMBER 13, 2023

The growth rate of inflation has been falling for a year, but mortgage rates are still near multi-decade highs. While it is true that mortgage rates traditionally fall alongside inflation, I believed 2023 was going to be about the labor market. This was the core premise of my 2023 forecast, and so far it has worked.

Mortgage 464

Mortgage Insurance Marketing Housing Market 464

Housing Wire

FEBRUARY 21, 2023

High-volume home sellers are in a bit of a pickle in today’s market thanks to rapidly rising mortgage rates last year. A longer-term fight against inflation lowers the likelihood of sustainable good news in the housing market and raises the risk of a coming recession.

Housing Market 382

Housing Market Renovations Marketing Retail 382

Housing Wire

MAY 2, 2024

The housing market has been on a topsy-turvy roller-coaster ride in recent years that has been particularly neck wrenching since this past fall, fueled by stubbornly high inflation and a still-strong jobs market. at the end of April, according to HousingWire ’s Mortgage Rates Center. They crested near 7.6%

Marketing 423

Marketing Mortgage Investors Sellers 423

Housing Wire

JULY 27, 2023

Mortgage rates rose slightly this week ahead of the Federal Reserve Open Markets Committee ‘s rate hike. The 25-basis point increase to the federal funds rate was widely anticipated and priced in by capital markets. By contrast, the 30-year fixed-rate mortgage was at 5.30% a year ago at this time.

Mortgage 369

Mortgage Property Taxes Housing Market Buyers 369

Housing Wire

APRIL 12, 2024

After heating up like the rest of the country, the Louisiana housing market has continued to cool since interest rates began to rise in the second half of 2022. We have an insurance problem,” said Charlotte Johnson , a Keller Williams agent based in Mandeville. “We Our insurance is pricing people out of their homes.”

Insurance 424

Insurance Housing Market Marketing Agents 424

Housing Wire

DECEMBER 5, 2022

As the mortgage rate environment became increasingly volatile in August and early September, one in three title insurers reported order volume that was below or far below average. That’s according to PropLogix ’s fifth annual “State of the Title Industry” report.

Insurance 382

Insurance Bracketing HOA Law 382

Housing Wire

JANUARY 27, 2023

The rapidly cooling housing market in 2022 was not kind to Big Four title insurer Old Republic. While the century-old firm, which is celebrating its 100 th anniversary in 2023, did generate net income for both the fourth quarter of 2022 as well as for the year as a whole, it was down substantially last year.

Insurance 392

Insurance Housing Market Tools Investors 392

Housing Wire

NOVEMBER 10, 2023

Redfin classified purchases as all-cash when transactions had no mortgage loan information on the deed. High mortgage rates are exacerbating inequality between people who own homes and people who don’t,” Redfin Senior Economist Sheharyar Bokhari said. In September, government-insured FHA loans represented a little over 15% of U.S.

Mortgage 433

Mortgage Buyers Insurance Government 433

Housing Wire

JULY 7, 2023

The 10-year yield and mortgage rates have been rising close to the 2023 high as some labor data shows that the honey badger labor market is still growing. To make things even more complicated, the spreads between the 30-year mortgage rate and the 10-year yield keep getting wider. From the St.

Mortgage 414

Mortgage Government Marketing Insurance 414

Housing Wire

JUNE 23, 2023

High mortgage rates , economic uncertainty and low housing inventory did very little to help title premium volume during the first quarter of 2023. billion in title insurance premiums, down 43% year over year, according to the American Land Title Association ’s Market Share Analysis , released Thursday.

Insurance 370

Insurance Inventory Marketing Mortgage 370

Housing Wire

AUGUST 9, 2023

Despite a 18% annual decline in purchase title orders opened per day in Q2 2023, Fidelity National Financial executives believe housing demand remains strong. Nolan’s assertions about the housing market were underlined by the strong performance of Fidelity’s title segment during the quarter.

Insurance 370

Insurance Housing Market Inventory Real Estate 370

Housing Wire

OCTOBER 26, 2023

Thursday was a big day for title firm earnings, with three of the Big Four title insurers reporting their third-quarter 2023 earnings. The day began with Stewart’s Q3 2023 earnings call with investors and analysts. million in Q3 2023. million in Q3 2023. million, down from $716.4 million a year ago. year over year.

Insurance 395

Insurance Business Real Estate Investors 395