2009 Construction Mortgage 
Housing Wire
MAY 26, 2022
As the 10-year yield broke above 1.94% and mortgage rates rose, we saw the impact on housing data. Today, however, the purchase application data is actually down to levels we saw in 2009 ! How can housing inventory be so low today when it skyrocketed back in 2009? It’s an excellent time to discuss housing inventory.
Appraisal Buzz
OCTOBER 14, 2024
The gap was as wide as 18% in 2012, following the global financial crisis of 2007–2009, when many minority communities were hit especially hard, setting back progress by several years. Mortgage denial rates are also notably higher for Hispanic borrowers, with 18.8% Hispanic-owned homes are currently worth 11.9% in December 2021.
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Housing Wire
JANUARY 7, 2022
Construction jobs came in positive but we still have a fairly high level of construction job openings currently. The lack of construction productivity over the decades has been one reason why I have never believed in a housing construction boom in America. The 10-year yield and mortgage rates.
Housing Wire
OCTOBER 21, 2020
At its Annual event Wednesday, Mortgage Bankers Association Chief Economist Mike Fratantoni forecast that interest rates could rise in the year to come, but that they will remain near all-time lows. Yes, it’s come down to 10 million, but look at how that compares again to the peak in 2009 of 6.6 million,” he said. “Yes,
Housing Wire
JANUARY 19, 2022
Construction of single-family homes dropped 2.3% from November to 1.172 million units, the construction of multifamily units again posted a sizable increase of 13.7% Housing demand has outstripped supply since 2009,” First American deputy chief economist Odeta Kushi said in a statement. 2021 was a strong year for construction.”.
Housing Wire
JANUARY 8, 2021
Due to massive losses in the servicing sector outnumbering professional and construction job gains, the raw number of nonfarm payroll employment fell by 140,000 – the first decline since April of last year. More workers in the sector should support the faster pace of housing construction the market needs,” Fratantoni said.
Housing Wire
JULY 15, 2024
I’m excited to see Dustin grow the Division and for Dominion to become a go-to lender for all non-QM and traditional mortgage offerings.” Dominion has a track record of leaning into opportunities while others are retreating. “The broker community is scaling rapidly as more and more banks are scaling their operations back.”
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