Remove 2020 10 15 new-normal-or-just-normal
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Housing Market Tracker: Inventory finally rises

Housing Wire

Since 2020, the seasonal bottom for housing inventory has arrived several months later than normal, making it more complicated to track housing inventory data. Here’s a quick rundown of the last week: Active listings rose by 8,546 , and new listing data showed some growth. Again, I am a bit mindful here due to Easter.

Marketing 545
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Will Omicron variant stop first Fed rate hike?

Housing Wire

During this Thanksgiving week, we went from higher yields and the first Fed rate hike storyline to a big drop in bond yields and scary headlines on a new COVID variant, Omicron. Recently, that milestone was finally reached — only to be taken off the table with this new news about Omicron. 10-year yield and mortgage rates.

Mortgages 538
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How Pueblo, Colorado became a hot housing market

Housing Wire

” Loflin said houses in the $300,000-range are getting around 15 offers — way up from a normal Pueblo, Colorado housing market. There are just less houses on Colorado’s housing market but still a ton of buyers.” Housing professionals need to find ways to better meet buyer needs. Presented by: Fannie Mae.

Marketing 543
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Mortgage refis are dead. Can Blend weather the storm?

Housing Wire

In 2008, as the financial crisis was unfolding, he landed a job at secretive big data startup Palantir , where he learned that the $10 trillion mortgage industry was still in the Stone Age technologically. million in 2020 during the refi-boom and with the market headed into a correction, executives warned investors revenue would plummet.

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The mortgage market right-sizing is well underway. When will normalcy return?

Housing Wire

That’s according to David Petrosinelli, a New York-based senior trader with InsphereX , a tech-driven underwriter and distributor of securities that operates multiple trading desks around the country. “We’re Still, much of that good news for 2022 is front loaded. “In trillion, compared with the $3.3 trillion in 2022, to $2.24

Mortgages 397
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2023: A year of retrenchment for the secondary mortgage market

Housing Wire

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. percentage points in early December, when historically that spread has ranged between 1 to 2 percentage points.

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As omicron surges, some major lenders are quiet about safety measures

Housing Wire

During the onset of COVID-19 in 2020, mortgage lenders were eager to discuss the measures that they were putting in place to keep employees safe. Of the top 10 nonbank lenders that HousingWire reached out to, only six provided any updates on how they are dealing with the surge of the Omicron variant.

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