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?

Mortgages 452

Mortgages Marketing Industrial Equity 452

Marco Santarelli

APRIL 26, 2023

One of the most significant factors impacting the housing market is interest rates. Housing market interest rates (or mortgage rates) play a crucial role in the decision-making process for both homebuyers and sellers. By March 2023, the fed funds rate was increased to a range of 4.75% to 5.00%.

Marketing 52

Marketing Debt-to-income ratio Fixed-rate mortgage Banks 52

Realty Biz

JUNE 9, 2022

Fortunately, in this article, we’ll review what inflation means for you as a first-time home buyer. If often, prices rise over time, this encourages people to buy services, goods, and houses, even—instead of waiting to do so later. After this, long-term interest rates would follow suit. Read on to learn more. What Is Inflation?

Debt-to-income ratio 87

Debt-to-income ratio Closing costs Loans Closing 87

Housing Wire

NOVEMBER 23, 2022

From Census: New Home Sales Sales of new single-family houses in October 2022 were at a seasonally adjusted annual rate of 632,000, according to estimates released jointly today by the U.S. percent)* above the revised September rate of 588,000, but is 5.8 months at the current sales rate. percent (±20.8 percent (±19.6

Sales 435

Sales Construction New Construction Mortgages 435

Housing Wire

DECEMBER 20, 2021

Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortgage rates — would hold up the housing market. The 10-year yield and mortgage rates. That range dictated that mortgage rates would roughly stay between 3.5%-4.75%.

Mortgages 540

Mortgages Sales As-is Construction 540

The Close

MAY 15, 2023

Not even the wild ’70s inflation, the astronomical interest rates of the ’80s, or the housing crash of the aughts have prepared us for the current market. It’s also worth noting that the national supply of single-family homes for sale has dipped below two months, which is just bananas when you consider the norm is around a six month’s supply.

Marketing 105

Marketing Agents Mortgages Loans 105

Toronto Realty Blog

JUNE 8, 2022

This past week, the Canadian Mortgage & Housing Corporation announced that it was placing a ceiling of 8% on any gain or profit on a property purchased through the “First Time Home Buyer Incentive Program,” but also an 8% cap on any losses. It was, at the time, ludicrous. A much larger fund of $1.25-billion

Equity 85

Equity Mortgages Design As-is 85