Housing Wire

JUNE 1, 2023

Mortgage rates jumped last week amid a debt ceiling impasse and expectations of another federal funds rate hike. On the fiscal side, President Joe Biden and House Speaker Kevin McCarthy struck a deal on Saturday to suspend the $31.4 debt limit until January 2025 and cap government spending. trillion U.S. trillion U.S.

Mortgage 354

Mortgage Government Housing Market Marketing 354

Housing Wire

APRIL 29, 2024

Rising mortgage rates and a slower housing market than anticipated contributed to the weaker financial performance of the title segments of some of the nation’s largest title firms during the first quarter of 2024. Last week, big four members First American , Old Republic and Stewart all announced their earnings.

Insurance 343

Insurance Investors Housing Market Government 343

Housing Wire

APRIL 8, 2022

One of the reasons that I moved into the “team higher mortgage rate” camp is that what I saw in January, February, and March of this year was so unhealthy that I labeled the housing market savagely unhealthy. However, a cool-down in prices is not the same thing as a housing crash.

Housing Market 391

Housing Market Marketing Inventory Lending 391

Housing Wire

DECEMBER 13, 2023

The housing market cheered as the Federal Reserve signaled interest rate cuts next year after making a series of rapid rate hikes starting in 2022. in 2025, indicating four more 25 bps cuts. What does this mean for mortgage rates? Mortgage rates should get better. When Treasury yields go down, so do mortgage rates.

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Inventory Housing Market Mortgage Law 457

Housing Wire

MARCH 5, 2024

“ Recovery year ” was the theme heading into 2024 as mortgage professionals hoped for some reprieve in a frozen housing market characterized by high interest rates, low inventory levels and sluggish sales. A little more than two months into the year, however, mortgage rates are the highest they’ve been as the U.S.

Loan Officers 377

Loan Officers Mortgage Buyers Inventory 377

Housing Wire

MAY 28, 2021

HousingWire recently spoke with Aditya Udas, managing director at Iron Mountain, about the potential for digital transformation of mortgage custodial duties and how Iron Mountain is innovating collateral management. HousingWire: How does custody transformation impact the mortgage industry? AU: Firstly, the issue of scalability.

Mortgage 416

Mortgage Investors Tools Technology 416

Housing Wire

DECEMBER 29, 2023

After nearly two years of trudging through a frozen housing market , the consensus among mortgage professionals is that the worst of it is over. The spread between the 30-year fixed-rate mortgage and the 10-year Treasury yield has narrowed after sitting at over 300 basis points, compared to the historic norm of 150 bps.

Mortgage 438

Mortgage Loan Officers Inventory Business 438

Housing Wire

FEBRUARY 22, 2024

Despite slower housing market conditions , Big Four title firms Stewart , First American and Fidelity National Financial all managed to earn profits in 2023. Mortgage rates and rate volatility continue to impact transaction volumes, and we find ourselves at historic lows for sale of existing homes. million, down 2% annually.

Marketing 372

Marketing Investors Housing Market Investing 372

Housing Wire

MAY 19, 2021

An industry concern during the debate on the bill related to a provision which would have eliminated the tax deferral on the creation of mortgage servicing rights (MSRs). MSRs are booked as a balance sheet asset when loans are sold into the secondary market and show as book earnings at that time. Distributional Impact of the 2017 TCJA.

Housing Market 481

Housing Market Marketing Real Estate Government 481

Housing Wire

MARCH 8, 2023

As expected, California-based mortgage lender loanDepot reported another unprofitable period in the fourth quarter of 2022, its third consecutive quarterly loss. The red ink resulted from declining mortgage production and came despite the company’s decision to exit the wholesale channel , trim its workforce , and invest in new products.

Housing Market 370

Housing Market Investing Mortgage Real Estate 370

Housing Wire

AUGUST 2, 2023

As a result, the company’s executives told investors and analysts that they were pleased with the firm’s second quarter performance, especially in touring, financing, and renting. Zillow’s mortgage arm, Home Loans, on the other hand, recorded a 17% year-over-year decline in revenue to $24 million.

Agents 349

Agents Finance Sellers Housing Market 349

Housing Wire

AUGUST 25, 2022

Like its peers, the wholesale lender’s origination volume has plunged over the past year due to a dearth of refinancings and a sluggish purchase market. Among 11 publicly traded nonbank mortgage lenders, the loss represented the third-worst financial performance in the second quarter, according to a HousingWire analysis.

Mortgage 384

Mortgage Loan Officers Finance Investors 384

Housing Wire

NOVEMBER 1, 2023

“We believe the pay-to-play marketplace is a step backwards for consumers and the industry as a whole and we very much like our position and growth plan in a market structure the continually evolves towards our principles of access, independence and transparency,” he said. It’s a year of execution as we prepare to scale in 2024 and 2025.

Real Estate 423

Real Estate Advertising Agents Realtors 423

Housing Wire

JUNE 8, 2022

I am going to do my best to try to make sense of what is happening with the housing market right now, since the years 2020-2024 have been a talking point of mine for years and my biggest concern since the fall of 2020 has been prices overheating — not having a deflationary collapse. . A short history of the housing crash narrative.

Inventory 545

Inventory Housing Market Marketing Mortgage 545

Housing Wire

FEBRUARY 9, 2022

Another interesting fact about 2021 was that certain people put a lot of weight on housing being held up by investors or iBuyers, reflecting that buying conditions had deteriorated so much in the survey in 2021. history: move-up buyers, move-down buyers with a lot of cash, investors and all-cash buyers. If 4% – 4.5%

Inventory 370

Inventory Buyers Sellers Investors 370

Housing Wire

FEBRUARY 9, 2022

Another interesting fact about 2021 was that certain people put a lot of weight on housing being held up by investors or iBuyers, reflecting that buying conditions had deteriorated so much in the survey in 2021. history: move-up buyers, move-down buyers with a lot of cash, investors and all-cash buyers. If 4% – 4.5%

Inventory 369

Inventory Buyers Sellers Investors 369

Housing Wire

AUGUST 3, 2023

In a recent earnings call, Sheryl Palmer, chairman and CEO of national homebuilder Taylor Morrison , said about two-thirds of homeowners now have mortgage interest rates below 4%. Fannie Mae ’s vice president of economic and strategic research, Hamilton Fout, said the gap between homeowners now holding historically low mortgage rates (i.e.,

Construction 363

Construction Development Finance Mortgage 363

Housing Wire

JULY 17, 2023

housing market could have a soft landing in 2023. The market was roaring — way too hot — with bidding wars, speculators and investors who thought they couldn’t lose. The market was roaring — way too hot — with bidding wars, speculators and investors who thought they couldn’t lose. Of course, it could.

Real Estate 283

Real Estate Marketing Inventory Contracts 283

Housing Wire

DECEMBER 3, 2020

The more inventory available, the more they are able to compete with cash buyers and investors who snap up all the ‘good deals’ And allowing elderly, disabled, and those displaced by natural disasters to carry their tax basis with them across the state just makes sense.”. The state’s going to make a lot of money.”.

Property Taxes 302

Property Taxes Realtors Law Inventory 302

Will Springer Realtor

MAY 14, 2024

Even after a few weeks of mortgage rate jumps, the Seattle/King County housing market is displaying surprising strength. In April, a typical 30-year, fixed-rate mortgage surpassed 7.0% Mortgage rates have slipped a bit this month but remain north of 7.0% It is leaving many Americans frazzled. Far from the Fed’s 2.0%

Marketing 36

Marketing Inventory Buyers Sellers 36

Will Springer Realtor

SEPTEMBER 12, 2023

There is a feeling of Halloween in the real estate world because this housing market is a bit scary these days. The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. I would call it ‘housing purgatory’ rather than housing recession,” says Marci Rossell, noted U.S.

Finance 68

Finance Inventory Construction Buyers 68

Will Springer Realtor

MAY 13, 2024

today – may hold the keys (literally and figuratively) to the housing conundrum. Baby Boomers still have a significant impact on various aspects of society, including the housing market, healthcare and the economy. Baby Boomers – those born between 1946 and 1964 who total 72M in the U.S. But for how long?

HOA 36

HOA Transportation Construction Buyers 36