Housing Wire

DECEMBER 20, 2022

Lower mortgage rates helped to increase borrowers’ demand for home loans last week, which in turn drummed up optimism for the mortgage industry at the end of 2022. Rates for jumbo loan balances (greater than $647,200) went from 6.14% to 5.97% in the same period. . ” Uptick in applications . .

Mortgages 404

Mortgages Fixed-rate mortgage Loans New Construction 404

Housing Wire

JULY 20, 2023

Mortgage rates dropped to 6.78% this week, the biggest weekly decline since mid-March, as investors digested a raft of mixed incoming economic data. As inflation slows, mortgage rates decreased this week,” said Sam Khater, Freddie Mac ’s chief economist in a statement.

Mortgages 315

Mortgages Fixed-rate mortgage New Construction Construction 315

Housing Wire

DECEMBER 12, 2023

While sellers of existing homes have struggled with rising rates and softening demand, homebuilders have not only survived, but thrived in this market thanks to the use of mortgage rate buydowns , a tool more widely used by builders since their business is selling homes and clearing inventory. 2022 to Dec.

Debt-to-income ratio 393

Debt-to-income ratio Loans FHA loan Fixed-rate mortgage 393

Housing Wire

SEPTEMBER 22, 2022

Mortgage rates have nearly doubled to around 6.5% Following the Fed’s decision to raise interest rates by an additional 75 basis points on Wednesday, the central bank said it will hike rates as high as 4.6% Interest rates can move higher as the economy stays firm, Logan Mohtashami, Lead Analyst at HousingWire said.

Mortgages 411

Mortgages Loan Officer Pre-approval Fixed-rate mortgage 411

Realtor.com

NOVEMBER 7, 2022

Overall economic conditions that might slow home sales (such as high interest rates or a recession) might also spur builders to work harder to get buyers through their door. Builders often work closely with certain lenders because they want to know that the loan will close without delay once the home is completed.

New Construction 76

New Construction Construction Finance Closing costs 76

Housing Wire

OCTOBER 21, 2020

Fratantoni brought up this point, saying that short-term rates will stay at 0% at least until 2022 and said that we will see a very cautious Fed when it comes to raising rates from here. However, he forecasted that rates will steadily rise over the next year. And the recovery will likely depend on how long the pandemic lasts.

Mortgages 397

Mortgages FHA loan Fixed-rate mortgage Loans 397

Marco Santarelli

APRIL 20, 2024

Limited Price Dips: A few experts suggest a possibility of slight price dips in some overheated markets, particularly if mortgage rates continue to climb. This is due to the Federal Reserve's efforts to combat inflation by raising interest rates. Predictions range from the mid 6 % to the low 7 % range for the next 24 months.

Marketing 105

Marketing Pre-approval Fixed-rate mortgage New Construction 105

Realty Biz

DECEMBER 18, 2021

Right now, demand is high because interest rates are low, which makes it less expensive for people to purchase everything they wanted. The most useful tool the Federal Reserve has for controlling inflation is higher interest rates. And it probably will be once the higher interest rates kick in. How Inflation Erodes Buying Power.

Fixed-rate mortgage 81

Fixed-rate mortgage Investor Mortgages Construction 81

Housing Wire

DECEMBER 20, 2022

After record sales in 2021, demand for new construction waned throughout 2022 as the Federal Reserve raised interest rates cutting into home buyer’s purchase power and making financing new development projects even more costly for builders. It’s fair to say that 2022 has been a depressing year for homebuilders.

Construction 372

Construction New Construction Fixed-rate mortgage Finance 372

Housing Wire

JANUARY 10, 2022

2021 was an extraordinary year for the housing market: mortgage rates at an all-time low, record high annual growth in single-family prices and rents, lowest foreclosure rates in a generation and the largest number of home sales in 15 years. for 30-year fixed-rate loans. for 30-year fixed-rate loans.

Marketing 545

Marketing FHA loan Fixed-rate mortgage Loans 545

RIS Media

FEBRUARY 17, 2022

Freddie Mac released its latest Primary Mortgage Market Survey (PMMS), showing that the 30-year fixed-rate mortgage (FRM) reached an average of 3.92%, for the week ending February 17, 2022. Key findings: 30-year fixed-rate mortgage averaged 3.92% with an average 0.8 ®, Danielle Hale.

Fixed-rate mortgage 98

Fixed-rate mortgage Mortgages New Construction Construction 98

Realtor.com

MAY 3, 2021

Getty Images With home prices at a new record high and homes flying off the market in hours in some cases, it’s no wonder that Google searches for “when is the housing market going to crash” have spiked dramatically in recent weeks. Crazy, it seems, is the new normal. However, housing is likely to keep defying common sense.

Marketing 144

Marketing Fixed-rate mortgage Mortgages Land 144

Housing Wire

NOVEMBER 1, 2022

30-year fixed rate mortgages were at a historic 2.68% low as recently as December 2020 according to Freddie Mac , but skyrocketing property values pushed many frustrated buyers out of the market and into renting. This trend only intensified in 2022 in the wake of several, successive interest rate increases by the Fed.

Fixed-rate mortgage 361

Fixed-rate mortgage Loans Banks New Construction 361

Marco Santarelli

AUGUST 5, 2020

If you're wondering what the state of the housing market 2020 will be like over the next twelve months, especially if you're an investor, then here is some good news for you. Low mortgage rates, population growth, and an increase in buyer interest are further driving the demand for available housing. from May 2019 ($278,200).

Marketing 145

Marketing Fixed-rate mortgage Sales Mortgages 145

Marco Santarelli

SEPTEMBER 5, 2020

As we saw Arizona real estate market thriving & becoming sizzling hot in the past couple of years, even the rise in mortgage rates was believed not to affect it. We've been seeing real estate appreciation rates increasing year-over-year in the entire metro area. The annual real estate appreciation rate is in double digits.

Marketing 135

Marketing Purchase and sale agreement Investor Sales 135

Marco Santarelli

AUGUST 27, 2020

Houisng prices are at record levels, with historically low-interest rates, strong demand, and tight housing supply. With the reopening of its economy, the Las Vegas real estate industry is looking forward to how the business can be conducted in the wake of the new normal. However, it has managed to avoid total collapse. year-over-year.

Marketing 128

Marketing Purchase and sale agreement Investor Sales 128

Marco Santarelli

SEPTEMBER 7, 2020

We’ll be discussing the latest Orlando real estate market trends & statistics to find out how they can affect the investors and homebuyers in the next six to twelve months. After a big slump in real estate sales and activity during April, May, and June, home sales have bounced back in the Metro Orlando housing market. year over year and up 18.6%

Marketing 126

Marketing Investor Sales As-is 126

Marco Santarelli

SEPTEMBER 8, 2020

In the past ten years, the annual real estate appreciation rate has amounted to 6.45%, according to NeighborhoodScout.com. It experienced a heightened homebuying interest in July, which resulted in a 57.3 percent increase in pending sales for the month. Total sales (closed) during July increased 35.4 percent year over year. April 2019.

Marketing 105

Marketing Purchase and sale agreement Investor Closing 105

Marco Santarelli

JULY 30, 2020

to a new level of $553,000. metropolitan area with over 13 million people rivals New York in population as the largest in the country. metropolitan area with over 13 million people rivals New York in population as the largest in the country. In Metro Los Angeles, home prices rose $18,000 or 11.6% Jump in sales was 48%.

Marketing 139

Marketing Investor Sales As-is 139