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What Fed rate cuts in 2024 will mean for homebuyers

Housing Wire

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. For 2026, Fed officials projected rates to fall below 3% by the end of 2026 through three more quarter percentage point reductions. in 2025, indicating four more 25 bps cuts.

Inventory 462
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Florida theme parks creating more housing for employees

Housing Wire

But the parks — which employ an estimated 110,000 people collectively — are also facing headwinds due to their employees’ struggles to afford housing , and now both NBCUniversal and The Walt Disney Company — owners of the major parks — are aiming to address it, according to reporting from Bloomberg.

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What the Biden tax plans mean for the housing market

Housing Wire

The changes to the corporate tax rate were “permanent,” while the changes to the individual provisions were limited to 10 years and are scheduled to snap back to their prior levels in 2026. MSRs are booked as a balance sheet asset when loans are sold into the secondary market and show as book earnings at that time.

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The Fed pauses its rate hikes for now, will it last?

Housing Wire

next year and to reach 2% in 2026, he added. On the housing market, he noted that activity “picked up somewhat” although it remains well below the levels of a year ago, largely reflecting higher mortgage rates. Indeed, Sturtevant highlighted the resilience of the housing market in the face of rising interest rates.

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Despite Falling Rates, King County Housing Market Flops to End Forgettable Year

Will Springer Realtor

This should have sparked the fading embers of an otherwise chilly housing market in Seattle/King County in the final days of 2023. In other words, the housing market was in deep hibernation and the conditions should only improve from here. Ho, ho, ho … and oh my! But by how much? rise and a 6.2% in King but down 2.1%

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How healthy is the state of US homeownership?

Housing Wire

I believe the homeownership rate can get back to 66.21% at some point in the years 2022-2026.”. Up for the challenge, I created the phrase the forbearance crash bros , knowing that the housing crash addicts in America lack a financial credit profile risk analysis background. The lowest rate we have seen so far is 62.9%.

Inventory 348
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Blend narrows loss to $21M in Q3, reaffirms path to profitability in 2024

Housing Wire

Executives had set a goal of achieving positive cash flow by 2026 in its investor day in September. ​​As 30, Blend has cash, cash equivalents and marketable securities, including restricted cash, totaling $252.3 As of Sept. The company has a total debt outstanding of $225 million in the form of the company’s five-year term loan.

Investors 339