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?

Marketing 454

Marketing Mortgage Supply Chain Inventory 454

Housing Wire

FEBRUARY 9, 2023

Despite this, the NAHB is optimistic that the recent drop in mortgage rates over the past two months might signal that affordability conditions may have reached their low point for this cycle of the housing market. In addition, Q4 also saw average mortgage rates reach a series high of 6.80%.

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Supply Chain Housing Market Marketing Mortgage 383

Housing Wire

SEPTEMBER 20, 2021

Limited inventory, supply chain disruptions and concerns about inflation have led economists at Fannie Mae to lower their mortgage origination forecasts for the remainder of this year and into 2022. It also downsized its 2022 mortgage origination volume forecast by $55 billion to $3.25 trillion from the $4.36 in 2022.

Supply Chain 417

Supply Chain Inventory Government New Listings 417

Housing Wire

JANUARY 6, 2022

The supply-demand imbalance fueling the housing market shows no signs of abating in 2022, even as homebuilders attempt to bridge the gap. An under-supplied market has strong implications for house prices, particularly during a time when prices seemingly set new records every month.

Supply Chain 497

Supply Chain Housing Market Construction Inventory 497

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

Mortgage 446

Mortgage Supply Chain Inventory Development 446

Housing Wire

NOVEMBER 10, 2022

Finally, some good news: the growth rate of inflation is cooling off for now, and with the CPI inflation report being positive, the 10-year yield fell noticeably, and mortgage rates will fall with that! This of course led some people to believe that bond yields and mortgage rates would go much higher today. year-over-year growth.

Mortgage 535

Mortgage Supply Chain Housing Market Marketing 535

Housing Wire

JULY 25, 2023

With material and labor shortages, and supply chain issues it is taking a year-and-a-half to two years to complete a property. According to Sandy Williams, an eXp Realty agent in Sarasota, homeowners’ insurance costs have doubled for many in her metro area ( flood insurance costs have also risen dramatically). “I

Insurance 370

Insurance Housing Market Marketing Agents 370

Housing Wire

AUGUST 19, 2021

The average 30-year fixed-rate mortgage declined slightly to 2.86% for the week ending in August 19, according to mortgage rates data released Thursday by Freddie Mac ‘s PMMS. The week prior, mortgage rates rose to 2.87% , after six consecutive weeks of mortgage rate declines. Last week, mortgage applications decreased 3.9%

Mortgage 505

Mortgage Supply Chain Inventory Finance 505

Housing Wire

APRIL 7, 2022

Purchase mortgage rates have risen faster in the last three months than at any time since May 1994, climbing ever closer to the 5% mark due to a combination of rising inflation , the war in Ukraine, and disruptions to the supply chain. Another index shows mortgage rates even higher. Mortgage rates have increased 1.5

Mortgage 383

Mortgage Supply Chain Inventory Investors 383

Housing Wire

APRIL 8, 2022

A stunning rise in mortgage rates, historically low levels of inventory , and skyrocketing housing prices are fueling consumer pessimism. Fannie Mae ‘s Home Purchase Sentiment Index, which tracks the housing market and consumer confidence to sell or buy a home, dropped by 2.1 It’s a depressing combination.

Supply Chain 417

Supply Chain Housing Market Inventory Mortgage 417

Housing Wire

MAY 12, 2022

A homeowner is considered equity rich when they have at least 50% equity in their home, a feat more easily accomplished when skyrocketing home price appreciation widens the gap between what someone owes on their mortgage and the value of their house. The portion of mortgaged homes that were equity rich rose from 41.9%

Supply Chain 454

Supply Chain Housing Market Market Value Buyers 454

Housing Wire

DECEMBER 30, 2021

Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for next year, along with a roundtable discussion on how these insights apply to your business. Mortgage rates will steadily rise, possibly to 3.3% With rates rising, housing-?nance

Marketing 446

Marketing Supply Chain Housing Market Mortgage 446

Housing Wire

SEPTEMBER 6, 2023

The ICE — Black Knight merger creates the first end-to-end digital infrastructure that will reorder incentives and change how housing markets operate. GSEs: The concentration of lenders will lead to new systems that may reach deeper into the primary market. Brokers : Digitization puts middlemen in every industry at risk.

Supply Chain 370

Supply Chain Real Estate Technology Mortgage 370

Housing Wire

APRIL 28, 2022

Horton , the nation’s largest homebuilder by gross revenue and total closings, this week released its second quarter earnings for the fiscal year, which executives deemed “outstanding,” despite ongoing supply chain challenges , “a very tight labor market ,” and the massive uptick in mortgage rates. Horton’s markets.

Supply Chain 370

Supply Chain Construction Inventory Marketing 370

Housing Wire

AUGUST 17, 2023

Mortgage rates continued to climb this week as U.S. 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 averaged 7.09% as of August 17, up from last week’s 6.96%. Other indices showed even higher mortgage rates.

Mortgage 370

Mortgage Supply Chain Government Buyers 370

Housing Wire

JUNE 18, 2021

The housing market is no stranger to supply constraints. But according to Doug Duncan, chief economist at Fannie Mae , it’s not going to be just one of these factors that brings the market back to some semblance of normalcy. In doing so, he noted, three-quarters of the supply chain simply wasn’t produced.

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Supply Chain Housing Market Marketing Inventory 416

Housing Wire

FEBRUARY 1, 2022

Consumer desire for homeownership paired with a low supply of for-sale homes were the main contributors to a red-hot housing market in 2021. However, the data vendor said that the market is beginning shift. In other words, the market and home price appreciation will start to normalize. “As months of supply.

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Supply Chain Inventory Mortgage Housing Market 407

Eyes on Housing

SEPTEMBER 21, 2022

In August, housing starts rebounded but housing permits declined for the second straight month. The August drop in building permits indicates that the housing market is continues to cool as rising construction costs, elevated mortgage rates and supply chain disruptions continue to act as a drag on the market.

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Supply Chain Construction Housing Market Marketing 177

Housing Wire

SEPTEMBER 23, 2022

The data offer market observers an important insight into the direction of inflation and recession concerns “as it reflects whether industries are growing or shrinking, as well as supply and demand,” according to financial advisory firm Mortgage Capital Trading. MCT projected Friday morning, Sept.

Supply Chain 370

Supply Chain Contracts Business Mortgage 370

Housing Wire

JUNE 23, 2023

Some of the best performing stocks in America this year are from large, national homebuilders – strong consumer demand , limited competition from the existing home sales market , and an improving supply chain have boosted their outlooks. from April, and up 5.7% from May 2022, to 1.63 million. “Our

Supply Chain 383

Supply Chain Construction Buyers Mortgage 383

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.

Housing Market 78

Housing Market Marketing Inventory Real Estate 78

Housing Wire

MAY 25, 2021

Alternatively, there may have been a secular change in preferences, leading to a permanent shift in the demand curve for housing.” ” Technology for navigating secondary market challenges. ” Mortgage rates continue to hover around 3%, keeping prospective homebuyers interested, Speakman said.

Supply Chain 407

Supply Chain Inventory Buyers Construction 407

Housing Wire

OCTOBER 19, 2022

HousingWire recently spoke with Mike Darne, vice president of marketing at CreditXpert, about how mortgage lenders can leverage credit to help make homeownership more affordable. HousingWire: With interest rates at 14-year highs, what kind of pressure does that put-on housing affordability? Supply chain issues, too, are easing.

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Supply Chain Tools Mortgage Marketing 427

Housing Wire

FEBRUARY 18, 2022

The supply of homes for sale fell to a record low, down 16.5% months of supply; a healthy market generally has between four and six months of supply. from December and mortgage rates shot up 30 basis points. from a year ago. There were just 860,000 homes for sale at the end of January, according to the report.

Supply Chain 407

Supply Chain Inventory Buyers Contracts 407

Housing Wire

JULY 13, 2022

Over the same time period, here is what happened to 30-year mortgage interest rates: 4% in 2019 3% in 2021 6% in 2022. In January 2020, Carmel Ford of the NAHB Economics and Housing Policy Group published a special study titled Cost of Constructing a Home. What is the impact of lumber relative to interest rates?

Supply Chain 407

Supply Chain Buyers Construction Mortgage 407

Housing Wire

OCTOBER 7, 2022

Still, the global lender’s market capitalization is at about half of what it was at the start of the year and its earnings for the first half of the year are in the red. That concern is overblown, according to several market experts. residential mortgage-backed securities (RMBS) operations. Apollo Global Management Inc.

Supply Chain 395

Supply Chain Mortgage Investors Business 395

Housing Wire

MARCH 1, 2023

Change in uninsured losses As of late, however, the uninsured losses are being absorbed by other stakeholders in the housing finance system, including mortgage lenders, mortgage servicers, private mortgage insurers, government agencies, capital markets investors, and the government-sponsored enterprises.

Insurance 383

Insurance Supply Chain Design Government 383

DW Slater Company

JUNE 16, 2022

Well, the market in North Texas is still very hot. Not braking just easing off the pedal as there are some current issues that are impacting the markets. Economic changes, policy changes, supply chain issues, social changes, and buying power can all impact real estate. What’s Been Driving Our Markets? Volume is up.

Supply Chain 159

Supply Chain Real Estate Investors Appraisal 159

Housing Wire

FEBRUARY 18, 2021

Homebuilder confidence in single-family homes jumped one point to 84 in February from 83 in January , according to the National Association of Home Builders and Wells Fargo Housing Market Index. Strong buyer demand in February helped offset supply chain challenges and a surge in lumber prices, according to Chuck Fowke, NAHB chairman.

Supply Chain 427

Supply Chain Construction Housing Market Inventory 427

Housing Wire

MAY 4, 2022

“It is essential that we bring inflation down if we are to have a sustained period of strong labor market conditions that benefit all,” Powell said. “The current picture is plain to see: The labor market is extremely tight and inflation is much too high.

Supply Chain 395

Supply Chain Mortgage Tools Loan Officers 395

Hank Miller Team

NOVEMBER 8, 2021

Trying to predict any market; stock, bond, mortgage, real estate or other type is a measured guess at best. Toss in a global pandemic, global supply chain issues along with global inflation and the challenge is exacerbated. The two main drivers; low mortgage rates and historically low inventory.

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Supply Chain Inventory Housing Market Government 98

Housing Wire

OCTOBER 8, 2021

Walker has more than three decades of experience in the housing space, and most recently, he launched CredEvolv , a startup that facilitates credit counseling in order to transform borrowers that were declined credit into mortgage-ready leads for lenders. Jeff Walker: The lack of access to credit for mortgage consumers.

Supply Chain 369

Supply Chain Contracts Tools Housing Market 369

Housing Wire

MAY 23, 2022

Before delving deeply into them, it is important to get grounded in the numbers: The housing market is the country’s largest asset class, worth approximately $44 trillion. The market rose almost 20% in 2021, adding $7 trillion in value. Supply innovation is a complex issue. Yes, the U.S. To read the full issue, go here.

Government 395

Government Supply Chain Finance Development 395

Housing Wire

JULY 25, 2022

Rising interest rates and a slowing economy overall are already taking some of the air out of the rapid home-price appreciation the housing market has experience over the past year, according to the recently released Federal Reserve Beige Book for July. Overall, annual mortgage origination levels are expected to be $2.8

Housing Market 395

Housing Market Marketing Supply Chain Real Estate 395

Housing Wire

DECEMBER 5, 2022

I have been part of the mortgage banking industry since 1983 — 39 years to date through different housing markets. So when I talk to loan originators today, I harken back to my early days when fixed mortgage rates were over 14% and there were absolutely no refinances to be had.

Housing Market 515

Housing Market Marketing Supply Chain Mortgage 515

Will Springer Realtor

MARCH 8, 2022

This is in no way an effort to downplay the unfolding tragedy or appear tone deaf, but it is a fair question: Will residents in our region face economic challenges so severe that it will affect the real estate market? The supply chain, already strained, may come under renewed pressure with threats to shipping lines and air travel.

Housing Market 28

Housing Market Marketing Supply Chain Real Estate 28

Eppraisal

DECEMBER 14, 2021

Yet if history demonstrates anything, it reveals the cyclical nature of the real estate market. The Price of Money Another financial prophecy for the winter months is that mortgage interest rates will go up -- a 30-year fixed rate product is expected to increase by 3.5 Needless to say, the commercial market never exists in a vacuum.

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Real Estate Supply Chain Marketing Inventory 67