Housing Wire

DECEMBER 14, 2023

Mortgage rates fell below the 7% threshold this week as markets prepared for Federal Reserve Chairman Jerome Powell’s announcement on Wednesday. 14, according to Freddie Mac ‘s Primary Mortgage Market Survey. The holidays have come early for the mortgage industry. The 30-year, fixed mortgage rate averaged 6.95% for the week ending Dec.

Mortgage 477

Mortgage New Listings Loan Officers Inventory 477

Housing Wire

APRIL 17, 2024

My property taxes are about $16,000 for 2023-24, and likely will be $20,000 or more for 2025; home sales drive up my property taxes, not improvements. My Social Security and retirement income is fixed at about $5,600 per month,” he said. “I I have lived in Edmonds, Wash. for 49 years, and my property taxes rise quickly.

Property Taxes 415

Property Taxes Mortgage Tools Clients 415

Housing Wire

MARCH 20, 2024

The so-called dot-plot estimates show the Fed might make one fewer rate cut in 2025 compared to its forecast in December 2023. Timing for potential cut Going forward, the market will be watching all economic data — including inflation and jobs data — to gauge when the central bank will cut interest rates. “I

Mortgage 412

Mortgage Government Lending Investors 412

Housing Wire

MARCH 5, 2024

by early 2025. Generally, pressures from higher mortgage rates tend to occur in markets where the higher cost of homeownership pushes against the affordability ceiling.” home price gains reached their highest rate in a year in January, according to CoreLogic ’s Home Price Index (HPI). annual home price growth rose by 5.8%

Mortgage 426

Mortgage Marketing Inventory Housing Market 426

Housing Wire

APRIL 30, 2024

FHFA will hold a public session on the final rule in June and anticipates releasing updates to the Equitable Housing Finance Plans in January 2025. On Tuesday, several housing groups and trade associations lauded the agency for passing the new rule.

Lending 357

Lending Finance Government Realtors 357

Housing Wire

DECEMBER 22, 2023

The year ahead promises to offer the housing industry some relief, compared with a grueling 2023, but it is likely to be only a small bounce forward toward a healthier market. said many of the same headwinds the market faced in 2023 remain as we roll into 2024.

Mortgage 417

Mortgage Marketing Housing Market Buyers 417

Housing Wire

MARCH 8, 2023

The rough Q4 underscores the fact that loanDepot’s “Vision 2025” plan, which includes rightsizing its operations, will take many quarters to improve financial performance and return the lender to profitability. Reductions in costs were related to lower staffing levels and marketing spending, the company said.

Housing Market 370

Housing Market Investing Mortgage Real Estate 370

Housing Wire

SEPTEMBER 22, 2023

Combined with elevated mortgage rates, monthly housing payments are at an all-time high. This is pushing many prospective homebuyers to the sidelines until the market becomes healthier. Buyers who can afford to jump into the market now might see the incentive to do so before home prices and/or interest rates go up even more.

New Listings 438

New Listings Inventory Buyers Mortgage 438

Housing Wire

AUGUST 2, 2023

Zillow outperformed the broader industry for the fourth consecutive quarter as we navigate a tough real estate market,” said Zillow cofounder and CEO Rich Barton on the firm’s second-quarter earnings call Wednesday evening. He highlighted the launch of Listing Showcase by ShowingTime+ last June in select markets.

Agents 363

Agents Finance Sellers Housing Market 363

Appraiserblogs

FEBRUARY 15, 2024

Fannie Mae and Freddie Mac have issued a clarion call to all appraisers to pitch in and help build the gallows from which they will hang us all in 2025. Grab some nails, get your hammer, pick up that saw and let’s build a new gallows… I mean model, that gives lenders everything they want and need to inflate the housing market into.

Modernization 164

Modernization Appraisal Housing Market Marketing 164

Housing Wire

DECEMBER 19, 2023

The group projects a return to growth in 2025. Even though Jerome Powell announced three rate cuts in 2024, Fannie Mae Economic and Strategic Research (ESR) group continues to forecast a modest downturn in 2024.

Inventory 403

Inventory Mortgage Housing Market Finance 403

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

DECEMBER 22, 2020

According to the release, the company’s new job offerings in 2021 include sales, marketing, fulfillment, tech, administration and executive management and will average its salaries at $87,500 per year. By 2025, the state estimates more than $47.3 Presented by: Maxwell. million in annual payroll will have impacted the Charlotte region.

Real Estate Agent 400

Real Estate Agent Investing Housing Market Real Estate 400

Housing Wire

NOVEMBER 1, 2023

market transitions to one where one or two large listing portals offer pay-to-play inclusion on a digital listings marketplace. “In It’s a year of execution as we prepare to scale in 2024 and 2025. However, if buyer’s agency does disappear, Zillow is considering models where the U.S.

Real Estate 440

Real Estate Advertising Agents Realtors 440

BiggerPockets

JULY 21, 2023

In a recent economic outlook by Morningstar, the housing market affordability is currently mimicking the peak of the housing bubble in 2006. This similarity is due to a combination of mortgage […]

Housing Market 64

Housing Market Mortgage Marketing Real Estate 64

Mortgagebroker News

APRIL 7, 2022

The current government is likely to be in office until 2025, with an ambitious housing plan in the works

Government 65

Government Housing Market Marketing 65

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. Even though the rates are higher now, I think it’s a great market for a first-time homebuyer,” Saghafi said.

Loan Officers 398

Loan Officers Mortgage Buyers Inventory 398

Housing Wire

MARCH 7, 2024

For investors in the private-label securities (PLS) market, the earlier signal was enough to unleash a boatload of money that had been sitting on the sidelines waiting for the “peak” to arrive, according to several market experts interviewed recently by HousingWire. It’s a matter of speed. …

Investors 374

Investors Government Mortgage Investing 374

Housing Wire

DECEMBER 26, 2023

I think the market could be primed to be up a fair amount next year, which I think is a combination of pretty heavy cost reduction efforts and these brokerages getting a lot leaner, I think you are going to see potential for margin expansion with pretty good revenue growth,” said John Campbell of Stephens.

Brokerage 427

Brokerage Mortgage Agents Bracketing 427

Housing Wire

SEPTEMBER 7, 2023

We saw a gap in the market for needs that were not being met like real-time updates to realtors, notifying the borrower the same time you get notified as the broker, and having your pipeline at your fingertips at all times,” Perez explained. “I 15 million loans will neutralize, and refi market will be upon us. We will be ready for it.”

Retail 390

Retail Loan Officers Business Lending 390

Mortgagebroker News

MARCH 30, 2022

The agreement should see Prime Minister Justin Trudeau remain in power until at least 2025

Housing Market 53

Housing Market Marketing 53

Housing Wire

APRIL 8, 2022

In time, markets always find balance and balance is a good thing. But, that doesn’t mean housing is going to crash. I set a specific home-price growth model for the years 2020-2024 that said if home prices only grew at 23% during this five-year period, the housing market would still be OK, given wage growth.

Housing Market 393

Housing Market Marketing Inventory Lending 393

Housing Wire

FEBRUARY 9, 2022

This did ring some alarm bells last year as many housing crash addicts used the results of Fannie Mae’s Home Purchase Sentiment Index to call for an epic crash in the second half of 2021. One thing is certain: potential buyers of all ages are not happy about the current market conditions. So what is going on here?

Inventory 370

Inventory Buyers Sellers Investors 370

Housing Wire

FEBRUARY 9, 2022

This did ring some alarm bells last year as many housing crash addicts used the results of Fannie Mae’s Home Purchase Sentiment Index to call for an epic crash in the second half of 2021. One thing is certain: potential buyers of all ages are not happy about the current market conditions. So what is going on here?

Inventory 370

Inventory Buyers Sellers Investors 370

Housing Wire

AUGUST 10, 2023

We’re driving adoption and utilization growth of our value-add features, maintaining strong retention, and growing mortgage market share – all while continuing to set the foundation for our next-generation mortgage products on our Blend Builder platform,” Ghamsari told analysts. The company posted $42.8 million and $41 million.

Mortgage 345

Mortgage Business Technology Design 345

Will Springer Realtor

APRIL 9, 2024

Despite a challenging financing environment, the Seattle/King County housing market is moving forward. And that is to be expected as the market wakes out of its early year hibernation into the spring buying and selling season. Nationally, home listings in February sold after a median 38 days on the market (latest data).

Marketing 60

Marketing Inventory Buyers Sellers 60

Housing Wire

APRIL 6, 2023

MBA’s forecast calls for mortgage volume to decline again in 2023 before an expected rebound in 2024 and 2025,” Walsh said. “There is no denying the very difficult circumstances in which mortgage companies are still operating today.

Valuation 351

Valuation Mortgage Inventory Business 351

Housing Wire

FEBRUARY 23, 2024

housing market. And according to Freddie Mac ‘s Primary Mortgage Market Survey, the average rate inched closer to 7% this week. Fannie Mae, however, remains optimistic that housing market activity will pick up as existing home sales and new single-family housing starts are expected to grow modestly in 2024.

Housing Market 456

Housing Market Marketing Retail Mortgage 456

Housing Wire

MAY 28, 2021

Aditya Udas: From Iron Mountain’s perspective, mortgage custody directly impacts liquidity in the housing market. There are approximately 55 million files currently held by document custodians, which is expected to grow to 61 million by 2025. Basically, all loans that are sold to the secondary market are stored by custodians.

Mortgage 422

Mortgage Investors Tools Technology 422

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. A rare, two-fisted punch of higher prices and interest rates is bruising the market at a time when activity is usually robust. The single-family market has only 1.0 Among all home types, there were 1.3

Marketing 36

Marketing Inventory Buyers Sellers 36

BiggerPockets

NOVEMBER 19, 2022

Most economists agree: Housing prices are expected to fall, nearing a bottom sometime between 2024 and 2025 before rebounding. That’s the opinion of analysts at Goldman Sachs, Wells Fargo, Moody’s Analytics, Capital Economics, The National […].

Housing Market 73

Housing Market Marketing 73

Housing Wire

DECEMBER 3, 2020

Proposition 19 eliminated the ability of homeowners to transfer primary residential properties to their children or grandchildren without the property’s tax assessment resetting to market value if the property is being used as a rental house or second home.

Property Taxes 328

Property Taxes Realtors Law Inventory 328

Housing Wire

DECEMBER 19, 2023

The defining characteristic of the 2023 housing market has been dramatically fewer home sellers than any recent year. The inventory picture There are now 539,000 single-family homes on the market unsold, which is up 3.2% Housing inventory climbed late in the year as mortgage rates rose. than last year at this time.

Sellers 440

Sellers Marketing Inventory Contracts 440

Will Springer Realtor

FEBRUARY 13, 2024

The Seattle/King County housing market appears to have come through the worst of times with a slightly stronger showing in January than in previous months. The market is now in the process of thawing after a lengthy cool down, as buyers begin anew to seek change in their home dynamics. higher than January 2023. from a year ago.

New Listings 54

New Listings Buyers Inventory Lending 54

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. But the reality is Homepoint – like some of its peers – is going to lose market share as it attempts to right the ship. Homepoint is in a tough spot. Homepoint is hardly alone.

Mortgage 391

Mortgage Loan Officers Finance Investors 391

Housing Wire

MARCH 21, 2024

(FICO), the company that retains the rights to the mortgage market’s adopted methodology to measure consumer credit risk. ” Hawley said that credit report “cost increases will be borne by homebuyers who are already facing the worst housing market in the country’s history.” ”

Mortgage 422

Mortgage Government Marketing Business 422

Housing Wire

MARCH 8, 2024

Consumer sentiment toward housing inched higher for a third consecutive month as respondents feel increasingly optimistic about home selling conditions. housing market and consumer confidence to buy or sell a home, rose 2.1 trillion in 2025, up from $1.50 points in February to 72.8. The full index is up 14.8

Housing Market 469

Housing Market Development Mortgage Buyers 469