articles mortgage-rates-trend-down-for-the-third-straight-week 
Housing Wire
JULY 2, 2023
Housing inventory finally broke under 2022 levels last week. To give you an idea how different this year is from last year, last week in 2022, active listings grew 30,940 while this year they only grew 5,848. Since May 15, that trend has continued to the point that inventory in America is now negative year over year.
Housing Wire
MARCH 26, 2023
The financial and housing markets are still trying to sort out the banking crisis and whether we have seen the last Fed rate hike in this cycle. These events led to lower mortgage rates and increased purchase application data last week, but decreased housing inventory. In a regular market, they would be closer to 5.25%.
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Housing Wire
NOVEMBER 18, 2022
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. We needed to end this madness before we had prices escalate over 20% for another year.
Appraisal Today
AUGUST 4, 2023
In a truly Orwellian move, mortgage giant Freddie Mac recently announced its intent to censor an arbitrary collection of words such as “desirable,” “safe,” “well-kept,” “student” and “crime” when they appear, in any context, in the hundreds of thousands of appraisal reports it relies on in mortgage underwriting.
Appraisal Today
NOVEMBER 3, 2023
NOTE: Please scroll down to read the other topics in this long blog post on Investigation of desktop appraisals, economic analysis, Bias, hybrid appraisals, unusual homes, mortgage origination stats, etc. How do the USPAP revisions to the Nondiscrimination section affect appraisers? USPAP 2024 is effective January 1, 2024.
Appraisal Today
JANUARY 27, 2023
Scroll down to “Updates, Revisions, Notifications” to get the redline versions. NOTE: Please scroll down to read the other topics in this long blog post on unusual homes, mortgage origination stats, etc. FHA Handbook 4000.1 The language requiring a minimum “head and shoulders” access into the attic was deleted.
Housing Wire
JANUARY 5, 2023
The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history. So where does all that drama leave us for 2023?
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