Housing Wire
JANUARY 17, 2024
However, as mortgage rates hit multi-decade highs , cooling demand and shrinking the pool of qualified buyers for new homes, homebuilders slowed their pace of construction, which settled at a plateau that is still well above pre-pandemic levels. ” However, Basu notes supply chains are already facing new pressures in 2024.
Housing Wire
OCTOBER 21, 2021
The average 30-year-fixed rate mortgage climbed to 3.09% during the week ending Oct. 21, rising from 3.05% the week prior, according to the latest Freddie Mac PMMS Mortgage Survey. A year ago, the 30-year fixed-rate mortgage averaged 2.80%. The MBA has forecast purchase mortgage volume to hit a record $1.73
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Housing Wire
OCTOBER 13, 2021
billion worth of mortgages from July to September, up 5% from the previous quarter and up 43% year-over-year, the bank announced on Wednesday. Mortgage fee and related income came in at $596 million, up from the $548 million JPMorgan Chase generated in the second quarter. JPMorgan Chase originated $46.1 billion for the third quarter.
Housing Wire
DECEMBER 16, 2021
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. How will the Federal Reserve respond to economic developments in 2022, and what will be the impact on mortgage rates?
Housing Wire
AUGUST 7, 2023
Many industries began to deploy electronic supply chains in the 1980’s. Technology hasn’t been the barrier since 1998 when Equifax, and later other firms, developed systems to secure complex, multi-party transactions over the Internet. Consumers, communities and taxpayers are major beneficiaries.
Housing Wire
JULY 6, 2022
For the FHFA, the pandemic “demonstrated the fragility of the supply chain and raised awareness of fourth-party risk,” the report said. Fannie Mae has, and Freddie Mac is developing, a list of “material fourth parties,” including those that have access to confidential information.
Housing Wire
MAY 2, 2021
From independent professionals to mortgage companies, banks and GSEs, the QVM Insights solution applies to vast swaths of the residential real estate footprint,” Quantarium CEO Clement Ifrim said. QVM Insights is an easy-to-use, accurate and technology-driven way to manage the appraisal piece of the “supply chain.”
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