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How will mortgage rates impact seasonal inventory in 2024?

Housing Wire

How will mortgage rates impact seasonal inventory in 2024? Also, when mortgage rates rise, the inventory peak happens later in the year. However, when mortgage rates rise and demand gets hit, the price cut percentage data grows year over year. Is the seasonal bottom going to happen later than I want?

Inventory 513
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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. I explain how this happened in this recent podcast.

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Housing Market Recession

Housing Wire

This article is part of our 2022 – 2023 Housing Market Forecast series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Forecast Event. With a recession predicted to start in the first quarter of 2023, one plausible scenario involves the Federal Reserve cutting the federal funds rate in mid-to-late 2023.

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Appraiser Scam – Be Careful!

Appraisal Today

My fee was $775 however sent me a $1950 cashier’s check via Fed Ex the next day. NOTE: Please scroll down to read the other topics in this long blog post on all cash sales, bad bank, FHFA/Fannie, speaking at real estate agent meetings, unusual homes, mortgage origination stats, etc. ==. By McKissock. Excerpts: 1.

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Appraising Solar Panels

Appraisal Today

The article is worth reading. Use the examples in the above article to get someone to help. Mortgage lending is very cyclical and dependent on mortgage rates. Its current owner, Dr. Wei-Tzuoh Chen, tapped Niles to construct the abode after buying the property back in 2003, The Wall Street Journal first reported.