Remove blog month 1-2022
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Opinion: Will lower lumber prices offset rising rates?

Housing Wire

In a blog post from January 4 , the National Association of Home Builders said that the 167% rise from last summer’s low lumber prices to over $1,000 per thousand board feet (mbf) added only about $18,600 to the cost of a home. Therefore, every $1/mbf of lumber pricing costs the homebuyer about $28 in lumber ($18,600 / $670).

Title 406
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Reverse mortgage volume, securities issuance fall in February

Housing Wire

” HMBS issuance will have a fairly long road to recover to 2023 levels, which were already severely reduced from the record-setting issuance of 2022 brought about by elevated HECM-to-HECM refinance activity during the COVID-19 pandemic. and Longbridge Financial recorded increases for the month.

Mortgages 427
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FHFA brings foreclosures to a screeching halt for borrowers who applied for Treasury assistance

Housing Wire

Borrowers with Fannie Mae or Freddie Mac- backed mortgages have been granted an additional two months to avoid foreclosure if they’ve applied for assistance from the Department of the Treasury. The post FHFA brings foreclosures to a screeching halt for borrowers who applied for Treasury assistance appeared first on HousingWire.

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FHA borrowers hit first, hardest by sinking economy

Housing Wire

In recent months, the canary has been chirping with far less exuberance as inflation (now above 7% annualized ), rising mortg a ge rates , declining home values and the potential of faster-rising unemployment spurred on by a potential recession in the coming year all grip the FHA sector. 1, according to Recursion’s data.

FHA loan 475
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Risk of mortgage fraud is on the rise in the current market

Housing Wire

According to Boesel, CoreLogic estimates that the current overall mortgage-application fraud rate is at about 1 in 120 loans. For purchase-only loans, that ratio tightens to 1 in 90 loans. “It It becomes a more concerning 1 in 23 if we only look at investment [property] purchases,” she added. month over month.

Mortgages 395
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Headliners Week of 2/27 – 3/5

RIS Media

By Caysey Welton March 4, 2022. By RISMedia Staff February 25, 2022. By RISMedia Staff February 11, 2022. Headliners Week of 1/31 – 2/05. By RISMedia Staff February 4, 2022. Headliners Week of 1/24 – 1/29. By RISMedia Staff January 28, 2022. Headliners Week of 1/16 – 1/22.

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September TRREB Stats: Painting A Rosy Picture

Toronto Realty Blog

TorontoRealtyBlog Not even one comment about the new blog? And nobody noticed that Monday’s blog extended into Wednesday and that I posted on Thursday instead. This was both a function of launching the new version of Toronto Realty Blog, as well as TRREB releasing the September stats on Wednesday instead of Tuesday.

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