Housing Wire

MARCH 19, 2023

The housing market was crazy again last week. Mortgage rates fell as the banking crisis got worse and purchase application data grew for the second week in a row, but the big question is: Did we hit the seasonal bottom in housing inventory? Purchase application data rose 7% weekly , still down 38% year over year.

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Banks Marketing Mortgages As-is 380

Housing Wire

JULY 2, 2023

Mortgage rates rose last week after the better-than-anticipated jobless claims data but even with higher rates, we also had a third week of positive purchase application data. We have often discussed that the housing market dynamics changed starting Nov. Housing inventory finally broke under 2022 levels last week.

Marketing 458

Marketing Mortgages As-is Sales 458

Housing Wire

APRIL 3, 2023

Last week was relatively calm for the housing market after the fiasco of the banking crisis. Housing demand grew and inventory levels fell again while mortgage rates rose. Mortgage rates rose to 6.57%. The 10-year yield and mortgage rates Last week was interesting for the 10-year yield and mortgage rates.

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Housing Wire

MARCH 26, 2023

The financial and housing markets are still trying to sort out the banking crisis and whether we have seen the last Fed rate hike in this cycle. These events led to lower mortgage rates and increased purchase application data last week, but decreased housing inventory. In a regular market, they would be closer to 5.25%.

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Mortgages Marketing Banks Closing 449

Housing Wire

NOVEMBER 9, 2022

Purchase application data is now below 2008 levels! But I need to explain why this level has more in common with 2014 housing data than the credit stress markets of 2005-2008, and why you should care. However, the housing market did run into one problem in 2020. Right on cue, 2020 came and we hit the 300 level.

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Mortgages Sales As-is Marketing 489

Housing Wire

FEBRUARY 3, 2022

This article is part of our HousingWire 2022 forecast series. 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. In the process, a historic $9 trillion of mortgage loans were closed over two years.

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Housing Wire

AUGUST 18, 2021

This mixed bag of results reflects the typical variability in the data that occurs when not too much has been happening in housing except that monthly supply has been rising for the new home sales market. Specifically, I said that purchase applications would not get to 300 in the MBA index until 2020 to 2024. Today, the U.S.

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Mortgages Sales Marketing 520

Housing Wire

JUNE 21, 2022

Now that we are almost in July, we can safely say the premise that once mortgage rates hit 4%, the mass panic selling of American homeowners who need to get out at all costs, driving total inventory up in the millions, hasn’t happened. Now that mortgage rates have risen, demand is getting hit, while we are still showing 14.8%

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Purchase and sale agreement Marketing Sales Mortgages 540

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.

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Industrial Mortgages Loan Officer Technology 397

Housing Wire

APRIL 25, 2023

This article is part of our ongoing 2023 Housing Market Forecast series. After this series wraps, join us on May 30 for the next Housing Market Update Event. As broader economic events have taken center stage since last summer, the market has grown increasingly volatile. To register, go here.

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Short sale Staging Mortgages Banks 367

Housing Wire

DECEMBER 8, 2021

2 million , we could be at risk of housing inventory falling to such low levels that I would have to categorize this housing market as unhealthy. A few months ago, I wrote that falling inventory was one of the biggest risks to the housing market. Since 2014, inventory levels have fallen while purchase application data has risen.

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Bankruptcy Loans Sales Short sale 519

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.

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Mortgages Marketing Industrial Equity 458

Housing Wire

APRIL 12, 2023

I believe the Federal Reserve won’t pivot until the labor market breaks. They’ll only cut rates when jobless claims are above 323,000 on a four-week moving average and we aren’t there yet. They’ll only cut rates when jobless claims are above 323,000 on a four-week moving average and we aren’t there yet.

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Housing Wire

JUNE 10, 2022

Below, Esser answers questions about the housing industry: HousingWire: What is your current favorite HW+ article and why? His articles are always my favorite. His recent article, “Purchase apps are at 2009 level: where’s the inventory?” His recent article, “Purchase apps are at 2009 level: where’s the inventory?”

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Housing Wire

MAY 3, 2022

HousingWire: The best way to start is to talk about purchase application data, can you break that down for us? Logan Mohtashami: Yes, purchase application data has always been a useful forward looking indicator for housing, especially when we are dealing with higher mortgage rates. What have we seen this year?

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Marketing Mortgages Sales As-is 395

Housing Wire

OCTOBER 7, 2020

Don’t call it a comeback, Good demographics and low mortgage rates have been here for years, Rockin’ the bubble boys Puttin’ the bears in fear. I have used this in other articles and interviews, which runs in line with my big macro take that what drives the housing market are mortgage rates and demographics.

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Staging Mortgages Sales As-is 544

Housing Wire

OCTOBER 1, 2022

The real estate market has shifted, and we are in a new housing paradigm. Mortgage interest rates have risen quickly in the past few months further eroding affordability. However, there are a number of attention-grabbing headlines, which unfortunately only compare today’s housing market to the very recent history of the last two years.

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Marketing Inspection Lending Sales 393

Housing Wire

APRIL 17, 2023

Local housing markets is a HousingWire magazine feature spotlighting housing trends across the country. Austin, Texas In 2021, Austin had one of the hottest housing markets in the country. For agents and sellers looking to succeed in Austin’s current market, Redding says pricing is key.

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Marketing Agents As-is Industrial 372

Housing Wire

OCTOBER 15, 2021

The Federal Reserve in September signaled that it plans to begin unwinding, or tapering, its nearly $8 trillion portfolio of mortgage-backed securities (MBS) and Treasury holdings as early as November, assuming the economy stays on track as expected. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis.

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Marketing Banks Mortgages As-is 343

Housing Wire

DECEMBER 14, 2020

On April 7, in an article for HousingWire , I proposed an economic model that showed what needed to happen for us to proclaim that “America is Back.” On April 7, in an article for HousingWire , I proposed an economic model that showed what needed to happen for us to proclaim that “America is Back.”

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Sales Mortgages Lending As-is 545

Housing Wire

MAY 18, 2021

Betley, also know as That Mortgage Guy on his social accounts, is a content creator and mortgage originator with over 10 years of experience assisting first-time buyers and move-up buyers with their home purchases. Betley is just one of our featured speakers at engage.marketing.

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Loan Officer Branding Loans Lending 357

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. In the end, some $850,000 in claims had to be paid on defaulted government-backed mortgages insured by the Federal Housing Administration (FHA). The problem: They did not qualify for the loans.

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Mortgages Marketing Loans Finance 391

Housing Wire

JULY 20, 2023

With record-low inventory nationwide, real estate agents seem to be hearing the same thing day in and day out: “I’d list my home, but where would I move?” We are still at least a million listings shy of being a balanced market, so this excuse is not going to subside anytime soon. Nationwide, inventory is at all-time lows.

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Housing Wire

FEBRUARY 21, 2023

Jay Farner likes to tell a story about his early days at Rock Financial , which would become Quicken Loans and eventually Rocket Mortgage. It was 1996 and Dan Gilbert , the founder and CEO, announced that the company’s mortgage bankers weren’t going to meet with applicants face to face. That was new back then. With the Feb.

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Loans Mortgages Branding Lending 297

Housing Wire

NOVEMBER 29, 2021

Who is crazy enough to write an American economic recovery model on April 7, 2020, and try to explain to people why housing isn’t going to crash due to demographics, good credit profiles and low mortgage rates? Today, pending home sales came in as a big beat of estimates — up 7.5% This is a big reason why I always have my two staple sayings.

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Sales Investor Title Mortgages 530

Housing Wire

MAY 5, 2022

This article is part of our housing market update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. Demographics still point towards a market with strong demand – the largest cohort of millennials, the largest generation in U.S. To register for the HW+ event, go here.

Marketing 370

Marketing FHA loan Loans Sales 370

Housing Wire

MAY 10, 2022

This article is part of our housing market economic update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. In February, NAR in partnership with Realtor.com released The Double Trouble of the Housing Market report. To register for the HW+ event, go here.

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Housing Wire

AUGUST 13, 2021

In February 2019, we wrote an article predicting this seismic shift, detailing how mortgage lenders could and should prepare to not only survive the shift but thrive in the future digital age. They don’t think, “I’m going to fill out a digital mortgage application or I’m going online to do my mortgage application.”

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Loan Officer Technology Loans Mortgages 450

Housing Wire

MAY 9, 2022

To persuade people of this, probably one of the most important articles I have ever written in my life was in 2019, titled: Housing Bubble 2019? housing market follow Canada? In short, the answer is no, we won’t have the type of home-price velocity that Canada has experienced because our housing market is more diverse than theirs.

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Short sale Mortgages Equity Sales 530

Housing Wire

DECEMBER 29, 2021

This article is part of our HousingWire 2022 forecast series. We believe that title insurance premiums are significantly too high and that if underwriters and agents were more efficient and took a different approach to the market, they wouldn’t have to charge as much.”. But they won’t be resting on their laurels, either. “A

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Title Closing Industrial Technology 332

Housing Wire

OCTOBER 31, 2022

From the WSJ article: “ U.S. From the WSJ article: “ U.S. One of the unsung heroes of the most prolonged economic and job expansion ever recorded in history was the passing of the 2005 Bankruptcy Reform Act and the 2010 qualified mortgage rule under Dodd-Frank. The question is: how many more rate hikes are left?

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Bankruptcy Lending Equity Mortgages 517

Housing Wire

MARCH 1, 2022

In January I received a text message from Dave Savage, CEO of Mortgage Coach. News just broke that private equity investor LLR Partners announced strategic investments in two mortgage technology companies — Mortgage Coach and Sales Boomerang ( click here for article ). Hey Clayton …” and a link. In 2016 LLR led a $26.5

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Technology Brokerage Lending Mortgages 345

Realty Biz

MARCH 13, 2024

While rising prices and mortgage rates present challenges, it’s still possible to find your dream home with the right strategy. This article explores the key factors home buyers need to know about the Maryland housing market this year. It also allows you to move quickly with an offer when you find the perfect home.

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Housing Wire

NOVEMBER 29, 2023

In the ever-competitive real estate market, creating a consistent flow of real estate buyer leads is strategy for success. But beyond first-timers, we’ll show you how to attract real estate buyers of all kinds through a multi-tiered marketing approach that boosts both your visibility and credibility with potential buyers.

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Branding Design Agents Marketing 390

Keeping Current Matters

SEPTEMBER 20, 2021

To really explore tenure, it’s important to understand what drives people to make a move. To really explore tenure, it’s important to understand what drives people to make a move. An article from The Balance explores some of the primary reasons individuals choose to sell their houses.

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Equity Loans As-is Industrial 252

Housing Wire

APRIL 8, 2021

The slight pullback in 2020 is due largely to side effects of the pandemic-induced foreclosure moratorium on government-backed mortgages in place for most of the year. Over the past five years, more than $1.2 billion in potential home equity has been uncovered for distressed homeowners facing foreclosure.

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Equity Short sale MLS Sales 426

Housing Wire

FEBRUARY 8, 2024

And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients. After all, prospective clients are trusting you with one of their biggest financial decisions. So let your personality shine.

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