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Better inflation data won’t sway the Fed

Housing Wire

The Consumer Price Index data released Wednesday showed again that the breakaway 1970s-style inflation is not happening, even with an expanding economy and an unemployment rate under 4%. The headline inflation data came in lower than anticipated. As I am writing this article, it’s trading at 3.42%.

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The savagely unhealthy housing market is now a nightmare

Housing Wire

The housing nightmare continues. But, the savagely unhealthy data line was that home prices are up 14.8%. Now that mortgage rates have risen, demand is getting hit, while we are still showing 14.8% home-price growth data. The only way this happens is higher rates. million , down 3.4% from last year.

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Is inflation or recession driving mortgage rates now?

Housing Wire

On Tuesday, we got more confirmation that the Federal Reserve ‘s biggest fear — inflation blowing up to 1970s levels — isn’t happening, according to the CPI data. Even with its most significant component, shelter inflation, keeping core CPI higher than it should be, it’s been hard to accelerate the core data.

Mortgage 383
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Will we start 2022 with all-time lows in housing inventory?

Housing Wire

My biggest concern for housing in the years 2020-2024 was that if the demographic push in demand picks up and total home sales get over 6. 2 million , we could be at risk of housing inventory falling to such low levels that I would have to categorize this housing market as unhealthy. 2020 and 2021 easily each have over 6.2

Inventory 518
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Appraisal Risk, Reviews, and Revisions

Appraisal Today

The reality is there is no universal acceptance of a single method of measurement to differentiate “good” from “bad.” While that number may seem high to some, in the context of lending and property complexities, that is a 54% improvement in performance cited earlier in this article (from 35% 10 years ago). To read more, click here.