Housing Wire

JANUARY 29, 2024

After nearly three years of doom and gloom in the mortgage industry, housing experts — including Fannie Mae economists — are expecting interest rates to ease. Connie Kim : Fannie Mae calls for mortgage rates to dip below 6% by the end of this year. If mortgage rates get down to 5%, then I think there is a nonlinear piece to it.

Housing Market 450

Housing Market Marketing Mortgage Investors 450

Housing Wire

JUNE 21, 2022

Now that we are almost in July, we can safely say the premise that once mortgage rates hit 4%, the mass panic selling of American homeowners who need to get out at all costs, driving total inventory up in the millions, hasn’t happened. Now that mortgage rates have risen, demand is getting hit, while we are still showing 14.8%

Housing Market 539

Housing Market Marketing Inventory Mortgage 539

Housing Wire

MAY 19, 2022

million , with double-digit home-price growth driving a housing market that is still savagely unhealthy. However, this year has seen one big game-changer: the 10-year yield finally cracked over 1.94%, which drove mortgage rates over 4%. As we can see below clearly, the market worsened before the job-loss recession happened.

Housing Market 521

Housing Market Marketing Inventory Realtors 521

Housing Wire

APRIL 27, 2023

Executives at both Stewart Information Services and First American Financial bemoaned the challenging housing market environment as they discussed their respective firms’ first quarter 2023 earnings with investors Thursday morning. According to DeGiorgio, mortgage rates would have to drop well below 5.0%

Housing Market 376

Housing Market Marketing Investors Development 376

Housing Wire

JUNE 28, 2022

This data line lags the current housing market as it’s a few months old. Imagine if mortgage rates didn’t rise this year. We are still showing double-digit home-price growth trends in the recent data as it takes time for higher mortgage rates to really increase supply back to normal levels. million or higher.

Housing Market 450

Housing Market Marketing Inventory Investors 450

Housing Wire

JUNE 29, 2022

The real estate market is cooling down. Reports released this week by several respected market observers point to less good and increased bad and ugly ahead for the housing market. Moody’s Investors Service , in a housing-market report released this week, puts some ugly back into the home-sales figures for May, however.

Housing Market 414

Housing Market Marketing Mortgage Investors 414

Housing Wire

APRIL 20, 2022

However, the real story of 2022 is that the savagely unhealthy housing market continues as inventory is still lower than last year, sending home prices growth into double digits again. housing market; the 10-year is above 1.94%, something that didn’t happen in 2020 or 2021. million and 6.16 million to 4.98

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Housing Market Marketing Inventory Mortgage 483

Housing Wire

OCTOBER 5, 2023

As the housing market suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment. homeowners saw home equity increase 1.7%

Housing Market 412

Housing Market Marketing Contracts Finance 412

Housing Wire

APRIL 19, 2021

A recent article published by CNBC showed that internet searches for the term “housing crash” had gone up 2,450% in the past month. A lot of folks are concerned about a housing market crash. This is why I stress that housing is the cost of shelter to your capacity to own the debt, not an investment.

Housing Market 540

Housing Market Marketing Real Estate Investing 540

Housing Wire

MARCH 7, 2024

For investors in the private-label securities (PLS) market, the earlier signal was enough to unleash a boatload of money that had been sitting on the sidelines waiting for the “peak” to arrive, according to several market experts interviewed recently by HousingWire. My guess is we’ll do 10 or 11 deals this year in the $5.5

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Investors Government Mortgage Investing 404

Housing Wire

JUNE 16, 2022

neighborhood, housing market, Fall, homes, new house sales, forbearance. The Federal Reserve ’s 75 basis point interest rate hike – its largest since 1994 – proves the central bank is laser-focused on slowing inflation, but loan officers and housing economists don’t expect mortgage rates to come down until consumer prices fall.

Housing Market 414

Housing Market Marketing Loan Officers Mortgage 414

Housing Wire

DECEMBER 7, 2023

Mortgage rates continued their downward trajectory this week as the 10-year Treasury yield dropped below 4.2% The 30-year, fixed mortgage rate averaged 7.03% for the week ending Dec. 7, according to Freddie Mac ‘s Primary Mortgage Market Survey. for the first time since September, according to new data from Freddie Mac.

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Mortgage Housing Market Investors Marketing 523

Housing Wire

MARCH 16, 2021

After months of low rates, there have recently been shocks to the bond market. HousingWire recently sat down with Scott Happ, president of Secondary Marketing Technologies for Black Knight, to discuss the impact this has on mortgage originators and investors. since year-end.

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Investors Marketing Mortgage Technology 392

Housing Wire

DECEMBER 13, 2023

As 2023 winds to a close, so too does a brutal year for the housing market, a year marked by rising rates , steep home prices , scarce inventory and anemic mortgage originations, compared with the boom years of 2020 and 2021.

Mortgage 389

Mortgage Marketing Investors Lending 389

Housing Wire

OCTOBER 5, 2023

The real estate market in China, both commercial and residential, have been unwinding over the last few years. Chinese real estate investments extend beyond their borders and if those investors suddenly need to liquidate those assets to cover losses at home , many countries real estate markets could be negatively impacted.

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Real Estate Housing Market Marketing Investors 422

Housing Wire

DECEMBER 13, 2022

It is very good news for the housing market, which has suffered greatly from the affects of rate hikes over the last nine months. 2023’s forward thinkers are investing in mortgage tech now. Housing market observers are watching closely. Defying aggressive action from the Fed is the strong labor market.

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Housing Market Marketing Supply Chain Inventory 393

Housing Wire

JULY 23, 2021

Competition for home buyers is tougher than ever right now, as tightened housing stock supply continues to plague the housing market. Using a 3-month bank statement program, borrowers who would not otherwise qualify due to lost or nontraditional income may be able to buy a new home and place their own on the market.

Housing Market 424

Housing Market Marketing Inventory Lending 424

Housing Wire

FEBRUARY 21, 2023

High-volume home sellers are in a bit of a pickle in today’s market thanks to rapidly rising mortgage rates last year. We’re just trying to move inventory quickly,” said Lee Kearney, a Tampa, Florida-based real estate investor who has an inventory of between 15 and 20 homes for sale at any given time. “If

Housing Market 381

Housing Market Renovations Marketing Retail 381

Housing Wire

FEBRUARY 1, 2024

Mortgage rates continued their downward plunge this week as inflation keeps decelerating. The 30-year fixed-rate mortgage averaged 6.63% as of Feb. 1, a decrease from last week’s figure of 6.69%, according to Freddie Mac ’s Primary Mortgage Market Survey released on Thursday. Is the housing market normalizing?

Mortgage 454

Mortgage Housing Market Sellers Inventory 454

Housing Wire

APRIL 24, 2024

The rental segment has been marked by strong demand and looks to continue on this trajectory given mortgage rates that continue to hover around 7% and record property prices across many U.S. rental sector has benefitted most landlords in this country, from larger multifamily investors to smaller mom-and-pop owners. according to U.S.

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Investing Tenants Landlords Marketing 440

Housing Wire

OCTOBER 1, 2022

The real estate market has shifted, and we are in a new housing paradigm. Mortgage interest rates have risen quickly in the past few months further eroding affordability. It is always good to know where we are with the real estate market, but it is essential to keep all data in historical perspective. . Historically 2.5

Realtors 393

Realtors Housing Market Marketing Buyers 393

Housing Wire

OCTOBER 4, 2022

As more of the mortgage process becomes digital, RON has been proving to be a powerful part of the tech transformation for industry professionals. As an industry, we observed first-hand during the pandemic the transformative power technology has over the mortgage origination process, especially with the borrower’s experience at closing.

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Housing Market Marketing Real Estate Investors 400

Housing Wire

JULY 13, 2022

Mortgage rates are ramping up again because inflation is higher than investors had expected,” said Holden Lewis of NerdWallet. “Your mortgage rate is the price of borrowing money, and the price of money goes up when inflation is high. But the job market continues to be strong. The inflation estimate was a 1.1%

Housing Market 382

Housing Market Marketing Mortgage Inventory 382

Housing Wire

MARCH 5, 2024

Ahead of Friday’s national jobs report, mortgage rates have found stability after increasing for multiple weeks. Polly ’s average 30-year fixed rate for conventional loans was 7.17% on Tuesday, down from 7.24% one week earlier, according to HousingWire’s Mortgage Rates Center. one week earlier. Between Feb.

Mortgage 449

Mortgage Inventory Sellers Investors 449

Housing Wire

MARCH 10, 2023

Stubborn inflation and high interest rates continue to wreak havoc on the mortgage-origination market, but there is one asset class in the housing market that is arguably flourishing in these hard times – home equity. billion in the fourth quarter of 2021,” a recent market assessment by ATTOM shows.

Housing Market 370

Housing Market Marketing Contracts Lending 370

Housing Wire

APRIL 29, 2022

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Conway, Arkansas. Rochester, New York.

Housing Market 373

Housing Market Marketing Agents Real Estate 373

Housing Wire

SEPTEMBER 27, 2022

In the quest to extend homeownership to everyday Americans, local lenders—a segment that includes credit unions, community banks and independent mortgage banks serving communities across the country—play a vital role. counties , local lenders help millions of people access resources and services necessary to buy a house.

Housing Market 382

Housing Market Marketing Logistics Lending 382

Housing Wire

DECEMBER 5, 2023

When individual mortgages are originated by lenders like banks or credit unions , they may bundle groups of these mortgages together into financial vehicles called mortgage-backed securities (MBS) that are then sold to investors on a secondary market.

Technology 418

Technology Mortgage Investors Lending 418

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.

Inventory 393

Inventory Marketing Mortgage Supply Chain 393

Housing Wire

NOVEMBER 9, 2023

As 10-year Treasury yields tumbled, the average 30-year fixed mortgage fell 26 basis points in the week ending Nov. The 30-year, fixed mortgage averaged 7.5% 9, according to Freddie Mac ‘s Primary Mortgage Market Survey. New inflation data comes out Tuesday, giving investors more clues on the Fed’s path moving forward.

Mortgage 457

Mortgage Inventory Investors Housing Market 457

Housing Wire

FEBRUARY 22, 2024

Despite slower housing market conditions , Big Four title firms Stewart , First American and Fidelity National Financial all managed to earn profits in 2023. Mortgage rates and rate volatility continue to impact transaction volumes, and we find ourselves at historic lows for sale of existing homes. million, down 2% annually.

Marketing 412

Marketing Investors Housing Market Investing 412

Housing Wire

NOVEMBER 16, 2023

Mortgage rates fell this week as the October inflation report drove down the yield on the 10-year Treasury. On Thursday, investors priced in a 99.7% The 30-year, fixed mortgage averaged at 7.44% as of Nov. 16, according to Freddie Mac ‘s Primary Mortgage Market Survey. The labor market also cooled in October.

Mortgage 448

Mortgage New Listings Tools Inventory 448

Housing Wire

OCTOBER 26, 2023

Average mortgage rates on 30-year fixed home loans continued their march towards 8% this week as the Treasury yield surpassed 5%. Rates have been steadily climbing for seven straight weeks, the longest consecutive increase since Spring 2022, according to Freddie Mac ‘s Primary Mortgage Market Survey. million units sold.

Mortgage 440

Mortgage Inventory Housing Market Realtors 440

Housing Wire

SEPTEMBER 14, 2023

Mortgage rates inched back up this week and remain anchored north of 7% as investors focus on the impact of rising headline inflation ahead of next week’s Fed rate decision. By contrast, the 30-year fixed-rate mortgage was at 6.02% a year ago at this time. Other indices showed different mortgage rates this week.

Mortgage 424

Mortgage Inventory Buyers Investors 424

Housing Wire

NOVEMBER 2, 2023

Mortgage rates stabilized this week as the Federal Reserve decided to keep its rates unchanged Wednesday. However, mortgage rates still remain at a 23-year high. The 30-year fixed-rate mortgage averaged 7.76% as of Nov. 2, according to Freddie Mac ‘s Primary Mortgage Market Survey. she said in a statement. “So,

Mortgage 464

Mortgage Investors Housing Market Marketing 464

Housing Wire

OCTOBER 12, 2023

Mortgage rates kept climbing for the fifth consecutive week, bringing average year-over-year rates 60 basis points higher. Freddie Mac ‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year, fixed-rate mortgage averaged 7.57% as of Oct.

Mortgage 406

Mortgage Investors Housing Market Marketing 406

Housing Wire

JULY 26, 2023

United Wholesale Mortgage (UWM), the country’s largest wholesale lender, expanded its debt service coverage ratio (DSCR) loan options to four after launching its first product in March. With the expanded options, investors could get loans starting as little as $50,000 and up to $2 million. UWM originated $38.8

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Real Estate Investors Design Buyers 370