Tag: HWmember
Secondary mortgage market adjusts to higher-for-longer rates
The bottom line is the housing market remains in flux and is once again adjusting to the likelihood of interest rates remaining higher for longer [Read more about this post…]
Spring housing market gets more inventory
Active weekly housing inventory growth slowed slightly last week, but it’s still running at a healthier clip than in 2023. I have a simple model [Read more about this post…]
Buyers are struggling to compete in the white-hot Cincinnati market
While DeRoussel’s experience sounds exactly like many of the stories that emerged from the pandemic-fueled homebuying frenzy of 2020 and 2021, this happened just a [Read more about this post…]
Experts share insights about the Fed, data ‘vibes’ and housing trends
Mohtashami: Read the data Mohtashami kicked off the sessions by talking about the differences between the current mortgage rate environment and some of what was [Read more about this post…]
Finally, some healthy housing inventory growth
Weekly housing inventory data Higher mortgage rates with duration will likely lead to higher inventory, which we have seen repeatedly for the past 10 years. [Read more about this post…]
Loan buybacks haven’t disappeared, but they are trending down
As of third-quarter 2023, the most recent data available, Freddie Mac’s repurchase volume was $384 million, with Fannie Mae’s volume at $382 million. The report [Read more about this post…]
Powell makes it clear: No rate cuts anytime soon
Powell: “Right now, given the strength of the labor market and progress on inflation so far, it’s appropriate to allow restrictive policy further time to [Read more about this post…]
Do housing starts show we’re going into a recession?
In 2022, many recessionary red flags popped up. However, after Nov. 9, 2022, a critical recessionary data line changed as mortgage rates fell, new home [Read more about this post…]
Will a wider war in the Middle East push mortgage rates higher or lower?
10-year yield and mortgage rates There is nothing good to report on mortgage rates from last week. The chart below shows that we broke the [Read more about this post…]
Rural America is losing affordable housing at a crisis pace
After those government-supported mortgages terminate due to maturity or prepayment, the owners can, and many do, convert their multifamily properties to market-rate rents, or sell [Read more about this post…]
