Expert insights. Personalized for you.
The average 30-year fixed-rate mortgage increased slightly to 2.80% for the week ending on July 29, halting a streak of weekly declines, according to mortgage rates data released Thursday by Freddie Mac ‘s PMMS. MORE
Keller Williams is launching the KW New Homes community and partnering with Legacy International to offer new home sales training to address the increasing opportunity in the market. MORE
The 2021 Women of Influence winners represent 100 of the most influential women in leadership in the housing economy. More than just breaking records in the housing finance space, the HousingWire 2021 Women of Influence are shattering glass ceilings and leaving a legacy for years to come. MORE
Following a robust May, pending home sales declined in June. Though the desire for buyers to purchase a new home remains strong, skyrocketing prices are putting the dream out of reach for some buyers, economists in the housing industry said. The overall pending home sales index fell 1.9% to 112.8 MORE
Alanna Strei of eXp Realty in San Diego and Cornerstone Communities’ new San Diego townhouses. Real estate agent Alanna Strei’s client wanted to check out “Tesoro Vista Del Sur,” 134 newly built townhouses in the Ocean View Hills area of San Diego. MORE
Mortgage applications for new home purchases in June decreased 3% from May and 23.8% year over year, suggesting a slowdown in the housing market, according to a recent report from the Mortgage Bankers Association. MORE
Cash buyers are pouring into the housing market this year, and they’re picking off more than half of available inventory in certain areas in Florida and New York. As of July 14, nearly one-third of U.S. MORE
Stay-at-home orders spurred by the COVID-19 pandemic did not have a notable impact on the velocity of fair housing complaints received in 2020 by organizations, according to a yearly trends report published by the National Fair Housing Alliance this week. MORE
Servicers’ forbearance portfolio volume fell yet again , this time dipping a single basis point to 3.47% from 3.48% last week, according to a survey from the Mortgage Bankers Association. . According to MBA’s estimate, 1.74 million homeowners are still in forbearance plans. MORE
After an epic rise in housing starts and permits from the COVID-19 lows, the latest Census report shows a calm after the housing storm. This report is consistent with my prediction that all housing data will moderate from the epic run-up in activity in the second half of 2020. MORE
The average 30-year fixed-rate mortgage fell two basis points from the week prior to 2.88%, according to mortgage rates data released Thursday by Freddie Mac ‘s PMMS. MORE
This is the first time I am writing about mortgage backed securities (MBS) because I hardly ever consider this aspect of the housing ecosystem in my work. But since now even Federal Reserve members are discussing the pros and cons of MBS, this is a good time to give you my take. MORE
Ransomware attackers hit major title industry cloud services provider Cloudstar , stopping an untold number of loans from closing on Monday. The ramifications for the title and mortgage industry may extend beyond the immediately impacted loan applications. MORE
Auction.com buyer and real estate investor Sue McCormick is ahead of the curve when it comes to President Joe Biden’s plan to revitalize underserved neighborhoods while also providing affordable housing for low- and moderate-income homebuyers. “My MORE
With the foreclosure moratorium for federally backed mortgages set to expire next week, the Biden administration is giving borrowers additional options to reduce their mortgage payments. MORE
The interagency task force to combat inequity in appraisals, led by Housing and Urban Development Secretary Marcia Fudge, will be co-chaired by former United Nations ambassador Susan Rice. MORE
After several consecutive weeks of drops, mortgage applications jumped 16% for the week ending July 9, 2021, according to the latest report from the Mortgage Bankers Association. The prior week ‘s report showed a 1.8% drop in applications to the lowest level since January 2020. MORE
An Oakland homeowner says the home valuation process failed her due to the color of her skin, according to a complaint filed with U.S. Department of Housing and Urban Development. MORE
The housing market is red hot. The Federal Housing Finance Agency house-price index rose 12% last year due to low inventories and high demand. Redfin , the popular real estate website, reports that nearly 40% of homes in the past month have sold above asking price. MORE
Competition between would-be homebuyers is still high, but an increase in homes hitting the market in June brought some relief from bidding wars. Per a recent Redfin study , 65% of home offers written by company agents in June faced competition, down from a rate of 72.1% in May and a peak of 74.1% MORE
The post How to be a Savvy First-Time Homebuyer appeared first on HousingWire. Paid Advertisement Citi citi video 1 citi video 2 Special Report Special Reports MORE
340 
A day before the federal eviction ban lapses, the Biden administration is using the levers it has through federal agencies to keep evictions on ice until September. MORE
The issue of tight housing inventory is multifaceted but is there a political solution? Arch MI investigates this and more in its Spring Housing and Mortgage Market Review. We’ve broken down some of the data below, but be sure to take a deeper dive into the report by clicking here. MORE
New home sales continued to slip in June, falling 6.6% from May to a pace of only 676,000, according to a recent study from the U.S. Census. It’s the third straight month of decreases and the first annual decline since the start of the COVID-19 pandemic. June’s pace is also 19.4% MORE
In 2020, the S&P CoreLogic Case-Shiller price index reported the highest annual housing growth since 2013. Due to low inventory, sellers are able to put their homes up at a higher rate. And with today’s low interest rates, buyers have been rushing to purchase what’s available. MORE
Another week, another drop in forbearance volume. Servicers’ forbearance portfolio volume fell two basis points to 3.48% from 3.50% last week, according to a survey from the Mortgage Bankers Association. Approximately 1.74 million homeowners are in forbearance plans, the MBA reported. MORE
Home sales fell 1.2% from May to June, the largest drop at this time of year on record since at least 2012, according to a new Redfin study released this week. The national median home-sale price hit a record high of $386,888, up 25% year over year, but a slight decline from the record of 26% in May. MORE
As the Biden administration recently spotlighted , cybersecurity remains a high-level concern for the privacy and security of Americans. MORE
The following Q&A comes from the HW+ exclusive Slack channel, where HousingWire’s Lead Analyst Logan Mohtashami answered questions on what to make of the latest housing data, his forecast for the rest of this year, and whether or not the housing market is returning to normal. MORE
The average 30-year fixed-rate mortgage sank 10 basis points to 2.78% for the week ending on July 22, continuing several weeks of declines , according to mortgage rates data released Thursday by Freddie Mac ‘s PMMS. MORE
In the last few months in my articles for HousingWire, I have written that monthly supply has been rising and that this increasing supply was the most critical metric for the housing market, specifically the new home sales market. MORE
It was August 2020 , six months into a global pandemic, when I laid out what I thought at the time was a compelling case against a wave of foreclosures similar to the one that the nation experienced during the Great Recession. MORE
The National Association of Realtors reported existing home sales for the month of June were under their estimates slightly. The seasonally adjusted annual rate of 5.86 million achieved in June was a bit better than my expectations, ending four months of declines. MORE
After four consecutive months of declines, existing home sales increased in June, jumping 1.4% from May to a seasonally adjusted annual rate of 5.86 million, according to the National Association of Realtors. You can thank a rise in housing inventory for the gains. Sales climbed 22.9% MORE
Housing Wire
JULY 29, 2021
The interagency task force to combat inequity in appraisals, led by Housing and Urban Development Secretary Marcia Fudge, will be co-chaired by former United Nations ambassador Susan Rice.
Housing Wire
JULY 29, 2021
The following Q&A comes from the HW+ exclusive Slack channel, where HousingWire’s Lead Analyst Logan Mohtashami answered questions on what to make of the latest housing data, his forecast for the rest of this year, and whether or not the housing market is returning to normal.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
JULY 26, 2021
The housing market is red hot. The Federal Housing Finance Agency house-price index rose 12% last year due to low inventories and high demand. Redfin , the popular real estate website, reports that nearly 40% of homes in the past month have sold above asking price.
Housing Wire
JULY 26, 2021
In the last few months in my articles for HousingWire, I have written that monthly supply has been rising and that this increasing supply was the most critical metric for the housing market, specifically the new home sales market.
Speaker: Felipe Engineer-Manriquez, Christopher Gagliardi, George Hedley, and Jason Nichols
Join our esteemed panelists for their discussion on the importance of progress tracking which ultimately touches upon every digital aspect within the construction cycle. Our thought-leaders' years of experience on the job sites can help you build a better future at your company.
Housing Wire
JULY 30, 2021
A day before the federal eviction ban lapses, the Biden administration is using the levers it has through federal agencies to keep evictions on ice until September.
Housing Wire
JULY 26, 2021
Another week, another drop in forbearance volume. Servicers’ forbearance portfolio volume fell two basis points to 3.48% from 3.50% last week, according to a survey from the Mortgage Bankers Association. Approximately 1.74 million homeowners are in forbearance plans, the MBA reported.
Housing Wire
JULY 30, 2021
In 2020, the S&P CoreLogic Case-Shiller price index reported the highest annual housing growth since 2013. Due to low inventory, sellers are able to put their homes up at a higher rate. And with today’s low interest rates, buyers have been rushing to purchase what’s available.
Housing Wire
JULY 16, 2021
Home sales fell 1.2% from May to June, the largest drop at this time of year on record since at least 2012, according to a new Redfin study released this week. The national median home-sale price hit a record high of $386,888, up 25% year over year, but a slight decline from the record of 26% in May.
Housing Wire
JULY 22, 2021
The National Association of Realtors reported existing home sales for the month of June were under their estimates slightly. The seasonally adjusted annual rate of 5.86 million achieved in June was a bit better than my expectations, ending four months of declines.
Housing Wire
JULY 29, 2021
Following a robust May, pending home sales declined in June. Though the desire for buyers to purchase a new home remains strong, skyrocketing prices are putting the dream out of reach for some buyers, economists in the housing industry said. The overall pending home sales index fell 1.9% to 112.8
Housing Wire
JULY 22, 2021
After four consecutive months of declines, existing home sales increased in June, jumping 1.4% from May to a seasonally adjusted annual rate of 5.86 million, according to the National Association of Realtors. You can thank a rise in housing inventory for the gains. Sales climbed 22.9%
Housing Wire
JULY 29, 2021
Stay-at-home orders spurred by the COVID-19 pandemic did not have a notable impact on the velocity of fair housing complaints received in 2020 by organizations, according to a yearly trends report published by the National Fair Housing Alliance this week.
Housing Wire
JULY 28, 2021
An Oakland homeowner says the home valuation process failed her due to the color of her skin, according to a complaint filed with U.S. Department of Housing and Urban Development.
Housing Wire
JULY 30, 2021
The post How to be a Savvy First-Time Homebuyer appeared first on HousingWire. Paid Advertisement Citi citi video 1 citi video 2 Special Report Special Reports
Housing Wire
AUGUST 2, 2021
Alanna Strei of eXp Realty in San Diego and Cornerstone Communities’ new San Diego townhouses. Real estate agent Alanna Strei’s client wanted to check out “Tesoro Vista Del Sur,” 134 newly built townhouses in the Ocean View Hills area of San Diego.
Housing Wire
JULY 22, 2021
The average 30-year fixed-rate mortgage sank 10 basis points to 2.78% for the week ending on July 22, continuing several weeks of declines , according to mortgage rates data released Thursday by Freddie Mac ‘s PMMS.
Housing Wire
JULY 20, 2021
Mortgage applications for new home purchases in June decreased 3% from May and 23.8% year over year, suggesting a slowdown in the housing market, according to a recent report from the Mortgage Bankers Association.
Housing Wire
JULY 30, 2021
The issue of tight housing inventory is multifaceted but is there a political solution? Arch MI investigates this and more in its Spring Housing and Mortgage Market Review. We’ve broken down some of the data below, but be sure to take a deeper dive into the report by clicking here.
Housing Wire
JULY 26, 2021
As the Biden administration recently spotlighted , cybersecurity remains a high-level concern for the privacy and security of Americans.
Housing Wire
JULY 28, 2021
Keller Williams is launching the KW New Homes community and partnering with Legacy International to offer new home sales training to address the increasing opportunity in the market.
Housing Wire
JULY 23, 2021
With the foreclosure moratorium for federally backed mortgages set to expire next week, the Biden administration is giving borrowers additional options to reduce their mortgage payments.
Housing Wire
JULY 14, 2021
After several consecutive weeks of drops, mortgage applications jumped 16% for the week ending July 9, 2021, according to the latest report from the Mortgage Bankers Association. The prior week ‘s report showed a 1.8% drop in applications to the lowest level since January 2020.
Housing Wire
AUGUST 2, 2021
Servicers’ forbearance portfolio volume fell yet again , this time dipping a single basis point to 3.47% from 3.48% last week, according to a survey from the Mortgage Bankers Association. . According to MBA’s estimate, 1.74 million homeowners are still in forbearance plans.
Housing Wire
JULY 15, 2021
The average 30-year fixed-rate mortgage fell two basis points from the week prior to 2.88%, according to mortgage rates data released Thursday by Freddie Mac ‘s PMMS.
Housing Wire
JULY 26, 2021
New home sales continued to slip in June, falling 6.6% from May to a pace of only 676,000, according to a recent study from the U.S. Census. It’s the third straight month of decreases and the first annual decline since the start of the COVID-19 pandemic. June’s pace is also 19.4%
Housing Wire
JULY 21, 2021
Auction.com buyer and real estate investor Sue McCormick is ahead of the curve when it comes to President Joe Biden’s plan to revitalize underserved neighborhoods while also providing affordable housing for low- and moderate-income homebuyers. “My
Housing Wire
JULY 12, 2021
This is the first time I am writing about mortgage backed securities (MBS) because I hardly ever consider this aspect of the housing ecosystem in my work. But since now even Federal Reserve members are discussing the pros and cons of MBS, this is a good time to give you my take.
Housing Wire
JULY 20, 2021
After an epic rise in housing starts and permits from the COVID-19 lows, the latest Census report shows a calm after the housing storm. This report is consistent with my prediction that all housing data will moderate from the epic run-up in activity in the second half of 2020.
Housing Wire
JULY 19, 2021
Ransomware attackers hit major title industry cloud services provider Cloudstar , stopping an untold number of loans from closing on Monday. The ramifications for the title and mortgage industry may extend beyond the immediately impacted loan applications.
Housing Wire
JULY 30, 2021
It was August 2020 , six months into a global pandemic, when I laid out what I thought at the time was a compelling case against a wave of foreclosures similar to the one that the nation experienced during the Great Recession.
Housing Wire
JULY 16, 2021
Cash buyers are pouring into the housing market this year, and they’re picking off more than half of available inventory in certain areas in Florida and New York. As of July 14, nearly one-third of U.S.
Housing Wire
JULY 13, 2021
Competition between would-be homebuyers is still high, but an increase in homes hitting the market in June brought some relief from bidding wars. Per a recent Redfin study , 65% of home offers written by company agents in June faced competition, down from a rate of 72.1% in May and a peak of 74.1%
Housing Wire
JULY 29, 2021
The average 30-year fixed-rate mortgage increased slightly to 2.80% for the week ending on July 29, halting a streak of weekly declines, according to mortgage rates data released Thursday by Freddie Mac ‘s PMMS.
Let's personalize your content