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Americans’ mortgage debt looks great again

Housing Wire

One of the most unloved American economic success stories has been how spectacular American households with mortgage debt look today. Let’s take a look at the New York Federal Reserve’s Household Debt and Credit Report for the third quarter, released today. Become a member today.

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The 2021 housing market recap by Logan Mohtashami

Housing Wire

The housing market didn’t crash at all, in fact, more Americans bought homes with mortgages in 2021 than in 2020. Now that we are just a few days away from 2022, it’s time to take a look at the positive and the negative housing stories of 2021. First and foremost, Americans are buying a place to live, not an investment.

Marketing 533
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Will we start 2022 with all-time lows in housing inventory?

Housing Wire

Not even 5% mortgage rates in 2018 budged this data line too much. Going into 2021, it didn’t look great for the inventory levels, and we paid the price with highly unhealthy home-price growth as demand was simply too strong. This explains the better existing and pending home sales data as this data line looks out 30-90 days.

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What happens after the Fed’s rate hike?

Housing Wire

And, once they’re done hiking rates, will the Fed need to keep rates high because the consumer balance sheet looks so good? From the WSJ article: “ U.S. Major consumer protection debt laws passed were key. million total inventory, according to NAR , and household balances still look good. Today, we are at 1.25

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The last stand for forbearance housing market crash bros?

Housing Wire

Not the forbearance plans themselves, which allowed mortgage holders to delay their payments for many months, but the fact that 2.72 Demographics plus low mortgage rates serve as the one-two punch that knocked out COVID-19. In 2018/2019, when mortgage rates got to 5%, all it did was cool down price gains in the existing housing market.

Marketing 544
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Will Omicron variant stop first Fed rate hike?

Housing Wire

In this type of economic environment is it even possible for mortgage rates to get to 4% and can the Federal Reserve really hike rates in an aggressive fashion? Let’s take a look at all these topics together. 10-year yield and mortgage rates. How do we make sense of all this? Federal Reserve first rate hike? consumer is doing.

Mortgages 538
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Why an Economic Downturn Represents the Best Time to Invest in Real Estate

The Close

Related Articles 7 Critical Parts of Every Real Estate Investment Business Plan How Smart Investors Decipher & Respond to Real Estate Market Cycles 9 Skills Agents Need to Work With Investors & Close 50-100 Deals a Year Is Right Now Really a Good Time to Invest in Real Estate? But first, let’s get a handle on the basics.

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