Remove 2022 10 buyers-expectations-of-housing-availability-continue-to-improve
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Q&A: Roam’s Raunaq Singh looks to capitalize on the potential of assumable mortgages

Housing Wire

Housing affordability is at its lowest level in more than a decade, according to the National Association of Home Builders (NAHB), and there are few ways to circumvent the rising costs of housing. An assumable mortgage enables a qualified buyer to take over a seller’s mortgage terms, including the existing balance and interest rate.

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Builders rediscover a tool from the 1980s that keeps new home prices from falling

Housing Wire

Research from the AEI Housing Center found that these buydowns are not only an effective tool to qualify income-constrained buyers and alleviate excess inventory, but they have also allowed builders to forgo home price cuts. The beginnings of mortgage rate buydowns Homebuilders had a less-than-ideal beginning as 2022 dawned.

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Home prices increase for the first time in eight months: Black Knight

Housing Wire

Declining mortgage rates could have improved affordability for buyers in the housing market in February, but instead spurred a demand that, combined with a persistent lack of inventory across the U.S., trillion in tappable equity available in February amid rising home prices. put more pressure on home prices.

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‘Mortgage winter’ is expected to thaw a bit

Housing Wire

The year ahead promises to offer the housing industry some relief, compared with a grueling 2023, but it is likely to be only a small bounce forward toward a healthier market. Still, an interest-rate drop and soft landing for the economy, if the latter is truly achieved, will break some of the ice in a chilled housing market.

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Will lower mortgage rates be enough to prop up housing activity?

Housing Wire

The Federal Reserve’s decision to slow the pace of interest rate hikes this week pushed mortgage rates lower — and it happened in spite of the central bank reiterating that it would continue to tighten its grip on the economy next year. The Mortgage Bankers Association (MBA) expects the recent downward trend in mortgage rates to continue.

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A housing boom doesn’t portend a bust

Housing Wire

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. Annual house price growth hit a record high in 2021, over 17%, and growth remains in the double digits thus far in 2022.

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Opinion: how digital closings can help with housing affordability

Housing Wire

From the White House and Congress to multiple federal agencies, one of the top concerns is housing affordability. adults (49%) say the availability of affordable housing is a major problem where they live, up 10 percentage points from 2018. Consumers are worried too. About half of U.S.

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