Housing Wire

JULY 7, 2022

With a rapid spike in interest rates, inventory at historic lows, home prices rising at unprecedented levels above income, and a purchase market that is both highly anxious and digitally reliant, mortgage and real estate professionals must be strategic to capture the market opportunity today. Institutional Investors.

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Inventory Marketing Mortgage Supply Chain 393

Housing Wire

MAY 24, 2023

debt ceiling impasse and the resilient economy led mortgage rates to climb to the highest level in two months. The latest MBA data published on Wednesday morning shows that mortgage loan applications decreased 4.6% retail residential mortgage applications. “Investors remained attuned to the uncertainty around the U.S.

Mortgage 382

Mortgage Inventory Retail Housing Market 382

Housing Wire

JANUARY 5, 2024

Job gains occurred mainly in government, health care, social assistance and construction in December, while transportation and warehousing posted fewer jobs. Construction employment continued to trend up, with the sector adding 17,000 jobs in the last month of 2023.

Transportation 431

Transportation Construction Government Investors 431

Housing Wire

SEPTEMBER 23, 2021

The average 30-year-fixed mortgage rose, ever so slightly, to 2.88% for the week ending Sept. Mortgage rates have been roughly flat for months now. financial markets,” said Sam Khater, Freddie Mac’s chief economist. “The financial markets,” said Sam Khater, Freddie Mac’s chief economist. for the past two weeks.

Mortgage 442

Mortgage Inventory Construction Technology 442

Housing Wire

AUGUST 3, 2023

Mortgage rates continued to inch towards 7% this week as the 10-year treasury yields climbed past the 4% threshold. Investors assessed the state of the U.S. By contrast, the 30-year fixed-rate mortgage was at 4.99% a year ago at this time. economy after Fitch Ratings downgraded the U.S.′ The following day, the U.S.

Mortgage 364

Mortgage Inventory Government Buyers 364

Housing Wire

APRIL 14, 2023

This article is part of our 2023 Housing Market Forecast series. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the top predictions for this year, along with a roundtable discussion on how these insights apply to your business.

Realtors 423

Realtors Buyers Inventory Sellers 423

Housing Wire

OCTOBER 12, 2023

1, investors are trying to make sense of the steady September inflation data and its impact on the Fed ‘s next rate-hike decision. What is happening in the housing market ? Both home prices and mortgage rates continue to rise. The inflation data comes on the heels of a stronger-than-expected September jobs report.

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Government Housing Market Contracts Insurance 385

Housing Wire

SEPTEMBER 20, 2023

Most investors are already wondering what it would take for the central bank to lift rates again later this year. The FOMC also said it would continue to reduce its holdings of Treasury securities and agency debt and agency mortgage-backed securities. Today’s decision not to raise rates will likely influence credit markets.

Housing Market 438

Housing Market Mortgage Landlords Marketing 438

Housing Wire

SEPTEMBER 22, 2022

Mortgage rates in the 6% range have frozen the housing market, forcing loan officers to find business outside their wheelhouses. With mortgage rates nearly doubling from the start of 2022, the LO, who has more than 20 years of experience in the industry, says it’s painful to see deals simply disappear. “I

Mortgage 382

Mortgage Loan Officers Inventory Retail 382

Housing Wire

JUNE 30, 2022

The housing market has undergone a significant transformation over the past two years. While a booming market kept brokers busy in 2021, the 2022 housing market has been underscored by rising interest rates, inflation and geopolitical turbulence. Lee Smith: EVP, President of Mortgage.

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Lending Housing Market Technology Business 360

Housing Wire

NOVEMBER 2, 2021

California-based Anchor Loans, founded in 1998, provides capital for professional residential real-estate investors through bridge and construction products. housing market during a shortage of housing supply and an insufficient stock of move-in ready homes. Last month, New Residential Investment Corp.,

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Investing Finance Modernization Investors 314

Housing Wire

OCTOBER 21, 2020

At its Annual event Wednesday, Mortgage Bankers Association Chief Economist Mike Fratantoni forecast that interest rates could rise in the year to come, but that they will remain near all-time lows. The chart below shows interest rates for the 30-year fixed-rate mortgage will end this year at about 3% and could hit around 3.3%

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Mortgage Inventory Housing Market Construction 403

Housing Wire

JANUARY 8, 2021

For the system to work, mortgage-backed security investors need an efficient and verifiable means to know that all loans in their securities comply with this law, and originators and issuers want certainty that they are not running afoul of the Bureau. Demographics are shifting, too.

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Government Mortgage Finance Legal 263

Housing Wire

MARCH 22, 2023

Pacific Western Bank also explored a capital raise with potential investors. However, amid volatility in the market and depressed stock prices, “it would not be prudent to move forward with a transaction at this time,” the bank said. In addition, it has drawn $3.7 billion from the Federal Home Loan Banks , $10.5

Real Estate 390

Real Estate Investors Investing Finance 390

Housing Wire

JULY 6, 2023

The nation’s housing industry has entered a new normal in which the dynamics of the market appear perplexing — marked by high mortgage rates and high home prices, along with shrinking mortgage originations. trillion in mortgage originations in 2021. Fannie Mae recently projected originations for 2023 at $1.59

Inventory 457

Inventory Renovations Real Estate Government 457

Housing Wire

APRIL 28, 2022

builder confidence, housing starts, homebuilder, builder, lumber, construction costs. Auld said the homebuilder started construction on 24,800 homes this quarter and homes and inventory “increased 30% from a year ago with only 600 unsold completed homes across the nation. per diluted share.” per diluted share.” billion to $36.1

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Supply Chain Construction Inventory Marketing 370

Housing Wire

DECEMBER 30, 2022

“It’s going to be competitive — thin margins, little business and LOs getting out of the industry,” Dave Krichmar, banker at Legend Lending Corporation, said of the mortgage industry in 2023. At least not in the foreseeable future, unless another pandemic would create favorable conditions for the housing market.

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Renovations Realtors Construction Mortgage 403

Housing Wire

MARCH 2, 2022

The shopping spree, in a historically wild housing market, led to Zillow’s implosion and a lot of red ink on Opendoor’s books. The iBuying industry’s share of the housing market as a whole also dipped during the fourth quarter, dropping to 1.7% during the previous quarter. set during the first quarter of 2021.

Housing Market 370

Housing Market Inventory Construction Marketing 370

Housing Wire

JANUARY 24, 2022

billion hit the market in the first two weeks of 2022, HousingWire reported last week , but that’s already old news. Since then, another nine private-label residential mortgage-backed securities (RMBS) offerings valued at $4.6 And it’s likely that even more deals will come to market prior to month’s end. billion have unfolded.

Mortgage 359

Mortgage Lending Finance Housing Market 359

Quicken Loans

DECEMBER 16, 2021

Anyone keeping an eye on the real estate market watched for predictions in 2021. Along with the pandemic, 2020 brought a chaotic whirlwind for the housing market. Mortgage rates dropped down to record lows that carried through much of 2021. real estate market is hot. In addition, home values and sales skyrocketed.

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Housing Market Marketing Inventory Real Estate 78

Housing Wire

APRIL 19, 2021

of portfolio volume, according to the Mortgage Bankers Association. Others are owned by smaller investors or repackaged as a PLS, where once again, the documentation in these loans have jurisdiction over what kind of relief a borrower may receive.

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Construction Government Investors Housing Market 394

Housing Wire

FEBRUARY 18, 2022

“Buyers were likely anticipating further rate increases and locking in at the low rates, and investors added to overall demand with all-cash offers,” said Lawrence Yun, NAR’s chief economist. from December and mortgage rates shot up 30 basis points. “While the 6.7 Garage doors are taking months to arrive, delaying closings.

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Supply Chain Inventory Buyers Contracts 404

Housing Wire

MARCH 1, 2022

In January I received a text message from Dave Savage, CEO of Mortgage Coach. News just broke that private equity investor LLR Partners announced strategic investments in two mortgage technology companies — Mortgage Coach and Sales Boomerang ( click here for article ). Tech100 Mortgage Winners. We must innovate.

Real Estate 372

Real Estate Brokerage Real Estate Agent Technology 372

Housing Wire

OCTOBER 20, 2020

The leaders of Fannie Mae and Freddie Mac sat down with Mortgage Bankers Association Chair-elect Kristy Fercho on Tuesday at the MBA Annual conference to discuss how the GSEs have managed the unprecedented COVID-19 crisis. Overcoming the challenges of zoning and job opportunities are key to building affordable housing , Frater noted.

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Law Marketing Mortgage Valuation 488

Housing Wire

JANUARY 6, 2023

Nearly every loan originator is fixated on going after the purchase mortgage market in 2023 following a brutal 2022 — a year in which even some of the top producers saw their origination volume drop to 20%. The name of the game in the industry was purchase mortgages. and Scotsman Guide ‘s fourth-ranked LO in the country.

Business 402

Business Loan Officers Clients Inventory 402

DW Slater Company

JUNE 16, 2022

Mortgage rates are already moving up and are projected to move higher. What’s Been Driving Our Markets? In our markets, very low supply has been coupled with very high demand which has been the catalyst for the home price appreciation. One factor that we did not consider was the impact of institutional investors.

Supply Chain 159

Supply Chain Real Estate Investors Appraisal 159

Housing Wire

FEBRUARY 21, 2024

The deal came on the front end of market hype about the build-to-rent space, which cooled somewhat in 2023 as higher interest rates prompted a pullback by builders. But 2024’s deals show investor interest has persisted. Similarly, construction has slowed but remains elevated.

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Investors Construction Real Estate Inventory 462

Housing Wire

OCTOBER 11, 2021

housing market this year? If we stick to the facts, however, we can glean a few important take-homes as to what risks the housing market faces for 2021 and beyond. If we stick to the facts, however, we can glean a few important take-homes as to what risks the housing market faces for 2021 and beyond.

Housing Market 532

Housing Market Marketing Construction Investors 532

Housing Wire

MARCH 23, 2022

We finally got mortgage rates to rise, and for people like me who have been concerned about how unhealthy the housing market was last year — and it got a lot worse this year — it’s a blessing that was much needed. This sector on an apples-to-apples basis is more expensive than the existing home sales market. percent (±11.9

Mortgage 481

Mortgage Inventory Housing Market Construction 481

Housing Wire

JANUARY 27, 2023

What is happening with homebuilders and the new home sales sector as we head into the spring housing market ? On the other hand, mortgage rates have gone down more than 1% since Oct. This makes them much more efficient sellers than existing homeowners, who need to find another house once they sell. months of supply.

Mortgage 545

Mortgage Construction Buyers Inventory 545

Housing Wire

NOVEMBER 10, 2022

David Meyer is thankful that his business is still plugging along during the wildest housing market in decades. With mortgage rates hovering around 7% and home prices still at record highs, buyers across America are calling off the house hunt and finding multifamily apartments. . It could be a while.

Construction 447

Construction Supply Chain Buyers Development 447

Housing Wire

MARCH 26, 2024

Still, despite the gloomy news of late for SFR and fix-and-flip investors, some industry experts see better fortunes ahead in 2024 for both sectors. “We We didn’t call it a bear market, but we did call it a lack of liquidity, which I think is more accurate,” said L.D. million households formed each year.”

Investors 449

Investors Marketing Inventory Real Estate 449

Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. In addition, mortgage rates are at an all-time low. Worried about missing out on a boom?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Housing Wire

MAY 31, 2022

Mortgage lenders and real estate investment firms this month entered tight housing markets in the Midwest and the Northwest to better reach prospective homebuyers, despite a challenging mortgage market. Chicago’s housing market started out hot in 2022. Department of Agriculture (USDA).

Mortgage 382

Mortgage Construction Lending Real Estate 382

Housing Wire

JULY 19, 2022

real estate investors and affordable homes. The June housing starts data beat estimates with positive revisions, however, this doesn’t change the housing market recession call that I made last month. The housing permit data doesn’t look terrible. Housing Starts: Privately?owned

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Housing Market Marketing Construction Real Estate 519

Housing Wire

MAY 5, 2023

“Job growth for the prior two months was revised downwards, but on net, the labor market is stronger than expected, including wage growth up 4.4% over the past year,” Mike Fratantoni , the Mortgage Bankers Association’s chief economist, said in a statement. Falling mortgage rates would provide more juice to the U.S. Treasuries.

Construction 381

Construction Housing Market Real Estate Mortgage 381

Housing Wire

JANUARY 19, 2023

High inflation has reduced consumers’ purchasing power, which has led to weakened sales and construction across all 12 Federal Reserve districts. While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said. However, housing affordability worsened.

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Inventory Housing Market Marketing Construction 412