Remove articles is-inflation-or-recession-driving-mortgage-rates-now
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What happens after the Fed’s rate hike?

Housing Wire

The Federal Reserve will hold another meeting this week, where everyone assumes we will get another 75 bps rate hike. The question is: how many more rate hikes are left? And, once they’re done hiking rates, will the Fed need to keep rates high because the consumer balance sheet looks so good?

Law 517
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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 373
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What does the new normal for first-time homebuyers look like?

Housing Wire

Buyers and sellers alike have now anchored their expectation of “normal” to sub-3% mortgage rates, multiple-offer bidding wars, and double-digit annual price growth. So, if this time it’s different, what are the forces that will drive the housing market forward or hold it back? The tailwinds. The headwinds.

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Days on market grow despite low inventory for existing homes

Housing Wire

The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months now: sales are declining while total inventory data has fallen directly for the three straight months. Now we are getting the call back to balance, which is good. million in October.

Inventory 472
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Will we start 2022 with all-time lows in housing inventory?

Housing Wire

While the rate of growth of home prices is cooling off (the S&P CoreLogic Case-Shiller Home Price Index typically lags), it’s still at a very unhealthy level for me. Not even 5% mortgage rates in 2018 budged this data line too much. From Black Knight : Now, this doesn’t mean everyone gets off the forbearance program.

Inventory 519
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VA Update for Appraisers

Appraisal Today

I wrote a long article about VA in the past, available to paid subscribers. NOTE: Please scroll down to read the other topics in this long blog post on real estate market, mortgage forecast, Halloween haunted homes, unusual homes, mortgage origination stats, etc. Maybe now buyers would be less interested in haunted houses.

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Will 2022 be a good year for real estate investors?

Housing Wire

This article is part of our HousingWire 2022 forecast series. And what if those market conditions drive home prices up to new price peaks at the same time that mortgage rates are rising and inflation is at levels not seen in 40 years? The event is exclusively for HW+ members , and you can go here to register.