Housing Wire

DECEMBER 9, 2023

The most underreported housing story I’ve seen this year is that even with mortgage rates rising to 8%, the number of homes that took price cuts before they sold was 4% below 2022 levels. This happened even with higher home prices and higher mortgage rates in 2023. Now lets take a look at the weekly inventory data.

Mortgages 525

Mortgages Sales As-is Closing 525

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.

Mortgages 447

Mortgages Marketing Banks Closing 447

Housing Wire

AUGUST 17, 2022

July saw whiplash mortgage rates and our audience followed economic news very closely. But we also saw some resiliency, with companies expanding loan products — especially cash out and home equity— and shoring up their mortgage servicing rights. This theme wasn’t limited to white papers.

Marketing 387

Marketing Equity Title Lending 387

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 70

Banks As-is Marketing Mortgages 70

Housing Wire

JANUARY 5, 2023

The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history. Home price s. in total for the year.

Marketing 535

Marketing Mortgages Sales As-is 535

Toronto Realty Blog

SEPTEMBER 6, 2022

My wife and I both agreed, back in 2013, that a mere one week Honeymoon in the Bahamas would be too short, and that’s why we decided to stay for a full two weeks. If I can get home to work out on a Tuesday or Thursday at 6:00pm just twice per week, I feel great not only that night, but the next morning as well.

Marketing 81

Marketing Banks Sales As-is 81

Housing Wire

JUNE 18, 2023

Mortgage rates were near 7% last week but purchase applications were still able to pull out an 8% week-to-week gain. Purchase apps were coming off a four-week losing streak and even though those were mild week-to-week declines, it was still four weeks of weakness.

Marketing 468

Marketing Mortgages Banks Sales 468