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Is the market pivoting ahead of the Fed?

Housing Wire

The entire economic landscape, including mortgage rates, has changed this week, starting with the Fed’s talking points on Wednesday. We now have a better idea of what the Federal Reserve wants to do with their Fed rate hikes, and we have a lot of data that shows that the economy will look different 12 months from now.

Marketing 515
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Mike Fratantoni on MBA’s 2022 mortgage market forecast

Housing Wire

We’ve had the sharpest and yet also the shortest recession in history, record-low mortgage rates leading to record origination volumes, and record home prices as housing demand far outstripped supply. A silver lining is that we are expecting both 2022 and 2023 to be record years for purchase originations.

Marketing 458
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Housing Market Tracker: Purchase apps surprise

Housing Wire

Mortgage rates were near 7% last week but purchase applications were still able to pull out an 8% week-to-week gain. Mortgage rates hardly budged last week, even with the Federal Reserve ‘s announcement it was pausing rate hikes and CPI inflation reports. We cannot break over 4.6 6% for a year.

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5 updated predictions for the second half of the 2022 housing market

Housing Wire

This article is part of our housing market update series. Currently, bets are on two, 50 basis-point hikes in May and June meetings, followed by 25 basis-point increases through the end of the year. At over 5%, mortgage rates are now the highest they have been since 2010. Deviations from economic predictions.

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Study: Houston Real Estate And Inflation

Houston Properties

While the Fed has started raising interest rates, there’s no sign of inflation slowing down any time soon. Fixed-rate mortgages are paid back in “cheaper dollars”. For investors: rents typically follow the inflation rate. Benefit #2: Fixed Rate Mortgages Paid Back in “Cheaper Dollars”. Get PDF Now.

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FED’S ACTIONS TAKE STEAM OUT OF HOUSING MARKET

Will Springer Realtor

At what point will mortgage interest rates peak? Seriously though, there must be a ceiling to rising rates that have all but extinguished a robust housing market. While investors of mortgaged securities help dictate their interest rates, the Federal Reserve is behind the scenes influencing the overall lending environment.