Rocket CEO says housing isn’t a buyer’s or a seller’s market. Now it’s even
The buyer has a little bit more power or control on their side.
January 13, 2023
Mortgage rates have peaked along with inflation
The CPI data cooled even though shelter inflation is lagging.
January 12, 2023
When Will Housing Prices Drop?
Home prices are down month-over-month but still up year-over-year annually. Here’s what you should know about home prices and the other ways they can change.
January 12, 2023
Here’s what to expect in the housing market this year
Last year was a wild ride in the US housing market. Mortgage rates doubled and sales plummeted, triggering the longest month-to-month slump on record.
January 7, 2023
Mortgage rate watchers are closely tracking the labor market
With inflation growth rate falling slowly, employment data is now “very key” for 2023.
January 7, 2023
Mortgage interest rates expected to drop in 2023
After home financing costs nearly doubled in 2022, some relief is in sight for potential homebuyers in 2023.
January 7, 2023
Logan Mohtashami’s 2023 housing market forecast
Housing went into a recession in June and mortgage volume fell off a cliff. So where does all that drama leave us for 2023?
December 23, 2022
Have we found the bottom in existing home sales?
Today’s data show a big collapse in demand, but forward-looking application data has gotten better.
December 23, 2022
Here’s How Many Homeowners Could Be Stuck With ‘Underwater’ Mortgages in 2023
Some recent buyers may find themselves in the predicament of being underwater on their mortgages.
December 20, 2022
The Worst Is Over for Mortgage Rates Despite Another Fed Hike
The Federal Reserve raised interest rates this week, but that doesn’t mean mortgage rates are going up.
December 14, 2022
Dave Stevens on understanding this housing market
5 things loan originators need to remember
December 6, 2022
The housing market downturn is different this time
Low delinquency rates and healthy household net worth point to faster recovery
November 30, 2022
Economists: Inflation May Have Peaked
CPI slipped to 7.7% in October, the smallest YOY increase since January.
November 15, 2022
Home equity line of credit and home equity loans
Homeowners are sitting on an estimated $20 trillion worth of home equity, boosting the demand for home equity lines of credit and home equity loans.
November 15, 2022
Housing market will lead us into a recession, and will lead us out
Mortgage rates won’t move much higher than they are now, economist says
November 4, 2022
Is the US headed toward a housing crash?
Sharply rising mortgage rates, a steep decline in home sales and a record price slowdown have raised concerns that the housing market could crash.
November 1, 2022
Zillow: Homes Still Lingering On The Market
Zillow says that since homes are staying on the market longer, sellers need to appease to potential buyers.
November 1, 2022
What the midterm elections mean for the housing market
A new report by Cowen lays out the implications of the November midterms for the housing market.
November 1, 2022
Will millennials ever be able to buy a house?
Will millennials ever be able to buy a house?
October 18, 2022
3 charts showing that we’re not repeating the housing bubble
Mortgage rates have surged to their highest level since October 2008.
September 27, 2022
Home-buying Strategies in a Changing Market
Despite current challenges, the right tools can enable buyers to land a property.
September 14, 2022
Homebuyers Might as Well Take the Plunge
Affordability isn’t going to get any better as shrinking inventories ensure prices will rise even if mortgage rates eventually fall.
September 14, 2022
The Overcapacity That Still Needs To Be Cut
How many mortgage industry layoffs need to happen to balance out falling origination volume?
September 6, 2022
Housing Economists: Mortgage-rate Volatility
Some housing economists aren’t expecting another big surge in mortgage rates now or in the coming months.
August 4, 2022
Condo Buying Challenges
Real estate agents, condo associations and mortgage brokers say the new rules from Fannie Mae and Freddie Mac are having a chilling effect on the market.
July 20, 2022
Interactive Rate Chart
Interactive historical chart showing the 30 year fixed rate mortgage average in the United States.
June 17, 2022
Why FHFA and GSEs should revisit their pricing framework
Recent pricing changes to high-balance loans and second homes deserve reconsideration.
June 3, 2022
Proposed VA appraisal law looks to even the playing field
The piece of legislation would allow for desktop appraisals, and in some circumstances, wave appraisals all together.
June 3, 2022
Future of Condo Lending
Watch the video in the link below to learn more about the future of condo financing from Fannie Mae.
May 25, 2022
Qualifying with Medical Collections Just Became Easier
Debts that are paid off after they go to collections will be removed, instead of staying on credit reports for up to seven years, Equifax, Experian and TransUnion announced.
March 21, 2022
What Home Prices Will Look Like In 2023
Heading into 2022, there was a broad consensus in the real estate industry that home price growth would decelerate significantly this year. But just over two months into the new year, some of those same firms are walking back their 2022 forecasts. Zillow was forecasting that home price growth—which was up 18.8% between December 2020 and December 2021—would decelerate to 11% growth this year. Then last month, Zillow revised that rate up to 17.3%.
March 9, 2022
The True Cost of Homeownership
For many Americans, homeownership conjures thoughts of comfort and financial security.
But that optimism can evaporate if a first-time home buyer isn’t prepared for unexpected costs. Among the 1,000 homeowners we surveyed, 52% admit the true cost of owning a home surprised them
February 25, 2022
How The 10-Year U.S. Treasury Note Impacts Mortgage Rates
Historically, the 10-year U.S. Treasury yield has been considered a key benchmark for mortgage rates. However, mortgage rates are not actually based on the 10-year U.S. Treasury note (as is commonly believed).
Fixed mortgage rates and Treasury yields generally move together. Why? As a fixed-rate asset, mortgage-backed securities (MBS) are in direct competition with Treasury instruments for investor money.
February 17, 2022
40% Of Americans Are Considering A Move In 2022
Plenty of Americans are expected to move in 2022, seeking more space to accommodate their new remote working lifestyle. Nearly half of these on-the-go consumers hope to realize their homeownership dreams, according to the latest LendingTree survey. Over 50% of them say they need a Fido-friendly house, while a little less than half require outdoor space to call their own.
LendingTree surveyed 2,100 U.S. consumers to ask about potential relocation plans, refinancing and renovation aspirations for 2022. The key takeaway from the survey was about 40% of Americans are considering a move in 2022.
February 9, 2022
Fixed Mortgage Rates Hit 20-Month High
What a difference a year makes. One year ago this week, the 30-year fixed mortgage rate sank to its lowest level in history. This week, fixed mortgage rates followed long-term bond yields and rose to their highest levels in 20 months.
January 6, 2022
Lender Letter
This Lender Letter provides information about changes to loan-level price adjustments (LLPAs) that will apply to second home and high-balance loans.
January 6, 2022
Human Lenders Are More Valuable Than Ever
The Mortgage Bankers Association (MBA) estimates that lenders helped home buyers with $1.6 trillion of loans in 2021.
January 5, 2022
