articles the-fed-makes-its-move-and-more-rate-hikes-are-coming 
Housing Wire
DECEMBER 9, 2023
The most underreported housing story I’ve seen this year is that even with mortgage rates rising to 8%, the number of homes that took price cuts before they sold was 4% below 2022 levels. This happened even with higher home prices and higher mortgage rates in 2023. Now lets take a look at the weekly inventory data.
Housing Wire
NOVEMBER 26, 2021
Life comes at you fast. During this Thanksgiving week, we went from higher yields and the first Fed rate hike storyline to a big drop in bond yields and scary headlines on a new COVID variant, Omicron. How do we make sense of all this? Federal Reserve first rate hike? 10-year yield and mortgage rates.
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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%.
Housing Wire
JUNE 18, 2023
Mortgage rates were near 7% last week but purchase applications were still able to pull out an 8% week-to-week gain. Purchase apps were coming off a four-week losing streak and even though those were mild week-to-week declines, it was still four weeks of weakness. The recent growth broke that streak, but demand is still low.
Housing Wire
DECEMBER 20, 2021
Most of the time, the economy is like a slow-moving ocean liner that changes direction gradually and without much effort. Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortgage rates — would hold up the housing market.
Housing Wire
JANUARY 12, 2022
Inventory always falls in the fall and winter, but I hoped it wouldn’t be a repeat of 2020. Unfortunately, that didn’t happen and recent data shows that we are at fresh new all-time lows in housing inventory, with mortgage rates and the unemployment rate both under 4% currently. million and 6.16 million.
Appraisal Today
OCTOBER 6, 2023
The ASB will continue to review USPAP for changes when necessary but will shift much of its focus to providing more guidance to the marketplace. The ASB will continue to review USPAP for changes when necessary but will shift much of its focus to providing more guidance to the marketplace.
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