Housing Wire

MAY 2, 2023

From the year 2000 until the start of the pandemic in 2020, existing-home inventory made up nearly 90% of total home inventory. And, unfortunately, sellers are not selling in today’s higher mortgage rate environment. Since then, tenure has further increased to a historic high of 10.7 The result is fewer sales.

Sales 352

Sales Marketing Equity Mortgages 352

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. A silver lining is that we are expecting both 2022 and 2023 to be record years for purchase originations.

Mortgages 452

Mortgages Marketing Industrial Equity 452

Housing Wire

DECEMBER 8, 2021

While the rate of growth of home prices is cooling off (the S&P CoreLogic Case-Shiller Home Price Index typically lags), it’s still at a very unhealthy level for me. While I didn’t believe we could start 2022 at a new all-time low for housing inventory, this can’t be ruled out any longer.

Bankruptcy 514

Bankruptcy Loans Sales Short sale 514

Housing Wire

MAY 23, 2023

Auction.com bidding behavior turned sharply more conservative in the second half of 2022, particularly in the fourth quarter, indicating a mild home price correction of less than 5% nationwide in early 2023. This article is part of our ongoing 2023 Housing Market Forecast series. The national median home price decreased 1.7%

Marketing 408

Marketing Sales Mortgages As-is 408

Housing Wire

DECEMBER 28, 2022

This article is part of our 2022-23 Housing Market Forecast series. First, mortgage lending standards have remained high after the last bubble. People can afford to pay their mortgages. As a result of the fallout from the great recession, mortgage quality has been far more regulated and viewed with suspicion.

Marketing 486

Marketing Equity Mortgages Short sale 486

Housing Wire

MARCH 14, 2023

However, with the current banking stress news and the emergency action taken by the Fed to secure the banking sector, the question now is what will drive mortgage rates : inflation data, recessionary data, or something else we don’t even see coming? percent in February on a seasonally adjusted basis, after increasing 0.5

Mortgages 359

Mortgages Banks Commercial Loans 359

Housing Wire

FEBRUARY 3, 2022

This article is part of our HousingWire 2022 forecast series. After the series wraps, join us on February 8 for the HW+ Virtual 2022 Forecast Event. Thanks to a boom in the housing market and a historic refinance market, the past two years have been a favorable period for the mortgage market. 2022 Forecast series.

Marketing 406

Marketing Mortgages Finance Title 406

Housing Wire

NOVEMBER 18, 2022

Don’t be fooled by last week’s mortgage rate collapse. A combination of elevated mortgage rates, sluggish home sales and inflation continue to plague the housing market workforce, with numerous mortgage lenders and real estate startups shedding employees. American Financing Corporation originated $4.13

Industrial 392

Industrial Loan Officer Loans Lending 392

Housing Wire

DECEMBER 31, 2021

This week’s HW+ member spotlight features Sarah DeCiantis, chief marketing officer at United Wholesale Mortgage. As a 2019 Vanguard and Women of Influence , DeCiantis is the catalyst behind United Wholesale Mortgage’s strategic approach to marketing, which has helped the company become the No. 1 wholesale lender. Team is everything.

Industrial 338

Industrial Closing costs Mortgages Closing 338

Housing Wire

DECEMBER 2, 2022

The entire economic landscape, including mortgage rates, has changed this week, starting with the Fed’s talking points on Wednesday. We now have a better idea of what the Federal Reserve wants to do with their Fed rate hikes, and we have a lot of data that shows that the economy will look different 12 months from now.

Marketing 473

Marketing Mortgages As-is Staging 473

Housing Wire

MARCH 15, 2022

In this HW+ Slack Q&A , Lead Analyst Logan Mohtashami gives the inside scoop on where rates are headed, whether or not he has updates to his 2022 forecast and more. HousingWire: Let’s start with a bang Logan, will the inventory crisis end this year? Inventory is about to increase as it always does during this year.

Sales 372

Sales As-is Equity Mortgages 372

Housing Wire

MAY 3, 2022

In this HW+ Slack Q&A, HousingWire Lead Analyst Logan Mohtashami gives the inside scoop on where rates are headed, his insights on the latest economic reports and more. HousingWire: The best way to start is to talk about purchase application data, can you break that down for us? The last time we had 5% mortgage rates was in 2018.

Marketing 369

Marketing Mortgages Sales As-is 369

Housing Wire

DECEMBER 3, 2021

This week’s HW+ member spotlight features Reina Ramos, senior vice president, mortgage market leader at City National Bank of Florida. Below, Ramos answers questions about the housing industry: HousingWire: To start off, what is your current favorite HW+ article and why? There was so much information to absorb and retain.

Due diligence 383

Due diligence Loan Officer Banks Industrial 383

Housing Wire

FEBRUARY 16, 2021

Writing about digital mortgage in 2021, I am reminded of a cartoon in the New Yorker, in which two cavemen were starting a fire and one said “Stop saying everything is ‘unprecedented.’” I can set filters for my partner search on Bumble, so why can’t I filter results for a mortgage broker? 1 Personalization. 2 Digital adoption.

Mortgages 532

Mortgages Banks Loan Officer Technology 532

Housing Wire

MAY 10, 2022

Eric Hill, an Atlanta real estate agent representing a nationwide homebuilder, had a plan to help more than 100 homebuyers get mortgages. Hill’s scheme, also enabled by a group of co-conspirators, caught up with him, in part because many of the loans started going south. The problem: They did not qualify for the loans.

Mortgages 377

Mortgages Marketing Loans Finance 377

Housing Wire

MAY 5, 2022

This article is part of our housing market update series. And these low vacancies have caused rental rates to accelerate at an unprecedented pace, with asking prices soaring 17% year-over-year according to RealPage , making homeownership more economical in many markets across the country. lower than it was in March 2021.

Marketing 368

Marketing FHA loan Loans Sales 368

Housing Wire

APRIL 22, 2022

This week’s HW+ member spotlight features Matthew Blanchard, producing sales manager at Academy Mortgage Corporation. Blanchard previously worked art Loan Depot before joining in growing Academy Mortgage Corporation. HousingWire : What is your current favorite HW+ article and why? I started when I was 10 years old.

Industrial 370

Industrial Equity Land Mortgages 370

Housing Wire

JUNE 17, 2022

This week’s HW+ member spotlight features Amanda Hill, head of mortgage solutions at Reggora. Below, Hill answers questions about the housing industry: HousingWire: What is your current favorite HW+ article and why? HousingWire: What do you think will be the big themes for the housing market in 2022?

Lending 295

Lending Finance Mortgages Technology 295

Housing Wire

JANUARY 27, 2022

I retired in 2020 from the mortgage business after 24 years, so I understand how some people who were floating their rate lock might not feel this way. I retired in 2020 from the mortgage business after 24 years, so I understand how some people who were floating their rate lock might not feel this way.

Mortgages 363

Mortgages As-is Closing Marketing 363

Housing Wire

JULY 19, 2022

Adjusting to today’s market can be dizzying after the last few years of historically low interest rates and high refinance business. We interviewed more than 25 mortgage industry experts to gather the best insights, strategies, and recommendations to pivot and win in today’s market. Notable trends in a new era of sales.

Industrial 371

Industrial Mortgages Loan Officer Technology 371

Housing Wire

MARCH 16, 2022

On Wednesday the Federal Reserve hiked interest rates 0.25%, which has forced me to raise my second recession red flag on this historic economic recovery and expansion. Job gains have been strong in recent months, and the unemployment rate has declined substantially. Recession red flag No. 3: The inverted yield curve.

Mortgages 430

Mortgages Staging Branding As-is 430

Keeping Current Matters

NOVEMBER 23, 2021

There are a lot of questions right now regarding the real estate market as we head into 2022. The forbearance program is coming to an end and mortgage rates are beginning to rise. There are already alarmist headlines starting to appear. Rising Mortgage Rates Will Slow the Housing Market.

Mortgages 222

Mortgages Sales Marketing Loans 222

Housing Wire

MAY 31, 2022

Gal and other company representatives did not return messages for this article. The recent brokerage IPO wave started with Redfin in 2017. The San Francisco company was now “backed by the top three technology initial public offering underwriters,” Side announced at the time , and the money raise “sets the stage for a future IPO.”.

Brokerage 354

Brokerage Investor Technology Industrial 354

Housing Wire

FEBRUARY 8, 2022

Goldstone is an executive at a mortgage servicer company trying to reach out to homeowners. “We But we’re having a hard time reaching out to them,” he said during a panel at the annual Residential Mortgage Servicing Rights Forum held in New York City in October. We know who the borrowers are. We service their loans. of the U.S.

Loans 341

Loans Pre-approval Mortgages Principal 341

Calculated Risk Real Estate

DECEMBER 13, 2023

House Prices The Case-Shiller National Index increased 3.9% The MoM increase in the seasonally adjusted Case-Shiller National Index was at 0.65%. This was the eighth consecutive MoM increase following seven straight MoM decreases. A year ago, 30-year mortgage rates were at 6.28%, and two years ago rates were at 3.17%.

Marketing 108

Marketing Principal Mortgages Real-estate owned 108

Toronto Realty Blog

JANUARY 11, 2024

On Monday, we started to discuss the topics, themes, issues, and stories that would consume our “real estate minds in 2024,” notably the things that might concern us the most. Let me throw some skin in the game here: my mortgage comes due in November of 2024. I’m on a 2.59% fixed-rate mortgage.

Fixed-rate mortgage 73

Fixed-rate mortgage Banks Mortgages Construction 73

Calculated Risk Real Estate

DECEMBER 29, 2023

Some of these questions concern real estate ( inventory, house prices, housing starts, new home sales ), and I’ll post thoughts on those in this newsletter (others like GDP and employment will be on my blog). 10) Housing Inventory: Housing inventory decreased sharply during the pandemic to record lows in early 2022.

Mortgages 77

Mortgages Construction As-is Loans 77

Lighter Side of Real Estate

NOVEMBER 23, 2021

A recent article from realtor.com outlined the key reasons why homeowners should sell their home this winter (as opposed to waiting for spring), including: There aren’t a lot of homes for sale—and the ones that are for sale are selling fast. Interest rates are increasing. Markets across the US are struggling with low inventory.

Sales 115

Sales Mortgages Marketing As-is 115

Realty Biz

JULY 7, 2022

With interest rates and inflation both on the rise, the US housing market has recently taken a hit. The Current State of the Housing Market in 2022. First and foremost, let’s talk about interest rates. First and foremost, let’s talk about interest rates. by late 2022. But how high is high?

Marketing 108

Marketing Pre-approval Mortgages As-is 108

Toronto Realty Blog

APRIL 18, 2024

“Weak Condo Market In Downtown Toronto Leads To Dip In Rental Rates, Increased Vacancy” Globe & Mail February 7th, 2024 That headline definitely jives with what I saw and felt over the past three months, and you’ll see this shortly in the Q1 rental stats. We all remember what happened in 2022.

Marketing 67

Marketing As-is Mortgages Sales 67

Toronto Realty Blog

JUNE 2, 2023

TorontoRealtyBlog Do you remember a twelve-month period where we talked about interest rates any more than we have since this time last year? I’ve been around for almost two decades and I’ve seen just about everything when it comes to interest rates. In July of 1980, the Bank of Canada overnight rate was 9.93%.

Banks 71

Banks As-is Marketing Mortgages 71

Realty Biz

AUGUST 26, 2022

That’s when the overheated housing market didn’t just slow down but instead went into a tailspin with millions of home prices dropping below the amount of the mortgage. These are known as ‘underwater’ mortgages. We are not going to see a glut of home values fall below the value of the mortgage. That’s an increase of 16.6%

Lending 104

Lending Equity Loans Banks 104

The Residential Specialist

OCTOBER 19, 2021

As we head into 2022, agents should be aware of the projected market outlook for the upcoming year. The RE/MAX Preferred Group and Cincinnati-based agent’s prediction—shared by agents, economists and researchers alike—is that the 2022 market will look fairly similar to today’s market. Prices will rise at a slightly slower rate.

Marketing 105

Marketing Equity Fixed-rate mortgage Construction 105

McKissock

MARCH 11, 2022

After a week of declines, mortgage rates are back on the rise. ” This Redfin News article provides an overview of “how drastically the housing market has changed since then.” ” This Redfin News article provides an overview of “how drastically the housing market has changed since then.”

Fixed-rate mortgage 79

Fixed-rate mortgage Marketing Mortgages Design 79

Toronto Realty Blog

JUNE 20, 2022

That was the headline of the article. The previous regime of the US Federal Reserve was trying to combat both recessionary pressures and inflation simultaneously, with interest rates being lowered and raised like a yo-yo, making a mess of the financial markets, consumer expectations and understanding, and the price of goods and services.

Principal 97

Principal Fixed-rate mortgage Pre-approval Mortgages 97

Lighter Side of Real Estate

JANUARY 11, 2023

Sure, interest rates were super low, but that’s about the only thing buyers had in their favor. Then mortgage rates went up, and many buyers felt like it was an awful time to buy a house. Consumer confidence plummeted to a low of 16% back in October and November of 2022. percent of home purchases in the fourth quarter.

Seller concession 71

Seller concession Closing costs Inspection Mortgages 71

Lighter Side of Real Estate

DECEMBER 27, 2022

In fact, listing your house well ahead of the official start to the spring market could be the most strategic thing you do in any market, but even more so given the current market conditions. Some of them just want to get a head start, while others want to beat their competition… and some simply want to be in their new home by spring.

Banks 109

Banks Marketing Mortgages As-is 109