Housing Wire

JANUARY 5, 2022

The 30-year fixed rate increased 6 basis points to 3.33%, the highest since April 2021, which drove a decrease in refinance activity, Kan said. Refinance demand continues to dwindle, as many borrowers refinanced in 2020, and in early 2021 – when mortgage rates were around 40 basis points lower,” said Kan.

Mortgage 435

Mortgage Contracts Marketing 435

Housing Wire

OCTOBER 30, 2024

The fintech was first licensed to do mortgage business in Connecticut in January 2021 and applied for a renewal in December 2023. These actions include a Wells Fargo suit filed in Minnesota, where the bank sought more than $430,000 over an alleged breach of contract. The request was pending, but the license was suspended in July.

Landlords 448

Landlords Loan Officers Lending Contracts 448

Appraisal Buzz

JANUARY 17, 2025

of homes that went under contract that month. month-over-month in December to a seasonally adjusted annual rate of 4,317,683the highest level reported since February 2023, and a 6% year-over-year jumpthe largest annual increase since July 2021. year-over-year, the largest annual gain reported since June 2021. a year earlier.

Contracts 397

Contracts New Listings Real Estate Agent Mortgage 397

Housing Wire

DECEMBER 7, 2020

The reasons for that are solid demographics and low mortgage rates , which will not change much in 2021. Low mortgage rates combined with a sweet spot in the demographics for housing in 2020-2024 suggests we could see real home-price growth in 2021. In fact I expect forbearance to be continued the entire year of 2021.

Inventory 545

Inventory Construction Government Housing Market 545

Housing Wire

OCTOBER 18, 2024

But the PPG serves as a backup contract that requires Calque to purchase the home at an agreed-upon price if they can’t sell it within 150 days. Calque launched in 2021 to provide lenders with solutions that simplify the home purchasing process for prospective homeowners.

Mortgage 448

Mortgage Buyers Contracts Finance 448

Appraisal Buzz

FEBRUARY 24, 2025

While refinancing demand surged briefly when rates dipped, it quickly contracted again following another rate spike in October 2024. When mortgage rates hit record lows in 2021, refinancing volume soared, exceeding $2.2 Refinance activity is historically tied to interest rate movements. trillion in the first 10 months of the year.

Contracts 374

Contracts Mortgage Appraisal 374

Housing Wire

SEPTEMBER 29, 2022

An index of 100 is equal to the level of contract activity in 2001. The direction of mortgage rates – upward or downward – is the prime mover for home buying, and decade-high rates have deeply cut into contract signings,” Lawrence Yun, NAR’s chief economist, said in a statement. “If All four major U.S. to a reading of 71.0.

Contracts 418

Contracts Realtors Inventory Marketing 418

Housing Wire

FEBRUARY 8, 2025

Weekly pending sales The latest weekly pending contract data from Altos Research offers valuable insights into current trends in housing demand. We also got to 80,000 in 2021 and 2022, so I am not asking a lot here, but we didnt get it last year when I was sure we would. 26 in Dallas. Weekly inventory change (Jan.

Mortgage 490

Mortgage Inventory New Listings Contracts 490

Housing Wire

FEBRUARY 26, 2025

Add new telecom to capitalize on data trends According to a wireless industry survey, Americans used 36% more wireless data in 2023 than in 2022 , and almost double the [link] volume of data used in 2021. This trend isnt slowing down.

Real Estate 344

Real Estate Landlords Contracts Technology 344

Housing Wire

MAY 26, 2021

for the week ending May 21, 2021, according to the Mortgage Bankers Association ‘s weekly mortgage applications survey. Rates climbed north of 3% over the first few months of 2021, but crested at 3.2% After two straight weeks of increases , mortgage applications dropped 4.2% in March before descending again. the previous week.

Mortgage 516

Mortgage Contracts Government Real Estate 516

Housing Wire

DECEMBER 30, 2024

NAR’s Pending Homes Sales Index (PHSI) report is a forward-looking source that predicts home sales based on contract signings. year-over-year increase in the annualized rate of existing-home sales , the largest year-over-year gain since June 2021. The report found that pending home sales jumped 2.2% month over month and 6.9%

Inventory 435

Inventory Buyers Housing Market Mortgage 435

Appraisal Buzz

DECEMBER 19, 2024

But this year, buyers jumped on mortgage rates that dipped in early October, bringing more contracts which closed in November.Assuming December sales are generally good, 2024 U.S. Homes with November closings generally went under contract in September and October, when shoppers benefited from an uptick in newly-listed for-sale homes.

Inventory 396

Inventory Realtors Buyers Contracts 396

Housing Wire

FEBRUARY 25, 2025

observed in 2021 and are seeing below-trend growth over the history of the index,” said Brian Luke of S&P Dow Jones Indices. The index includes sales of properties that went under contract in October, so it doesn’t quite capture what’s currently happening in the housing market. year over year in December.

Housing Market 365

Housing Market New Listings Inventory Sellers 365

Housing Wire

JUNE 2, 2021

Mortgage applications dropped for the second straight week , this time down 4% for the week ending May 28, 2021, according the Mortgage Bankers Association ‘s weekly mortgage applications survey. This week’s data was compared to mortgage applications from the week of Memorial Day in 2020.

Mortgage 543

Mortgage Contracts Inventory Construction 543

Housing Wire

MARCH 3, 2021

26, 2021 according to the latest report from the Mortgage Bankers Association. Mortgage applications recovered slightly from last week , increasing 0.5% for the week ending Feb. A giant dip in applications was reported following the devastating winter storms in Texas the week of Feb. from 11.9% the week prior.

Mortgage 546

Mortgage Contracts Government Housing Market 546

Housing Wire

JUNE 16, 2021

for the week ending June 11, 2021, according to the latest report from the Mortgage Bankers Association. After three straight weeks of declines , mortgage applications increased 4.2% “ U.S. from 0.29 (including the origination fee) for 80% LTV loans. from 0.29 (including the origination fee) for 80% LTV loans.

Mortgage 521

Mortgage Contracts Marketing 521

Housing Wire

JANUARY 13, 2021

Booming refinance activity in the first full week of 2021 caused mortgage applications to surge to their highest level since March 2020, despite most mortgage rates in the survey rising last week,” Kan said. The 30-year fixed mortgage rate climbed two basis points to 2.88%, but the 15-year fixed rate fell to 2.39% — a survey low.

Mortgage 514

Mortgage Contracts Government Buyers 514

Appraisal Buzz

FEBRUARY 21, 2025

The buyer rents the home as a tenant first, typically paying an up-front fee or down payment under an option contract to preserve the right to purchase the property within a set time period. Under a lease-purchase arrangement, the property seller also acts as the landlord. Market Embraces Wave of Business Players About 2.4 million U.S.

Landlords 221

Landlords Tenants Contracts Law 221

Housing Wire

APRIL 18, 2025

He helped launch a contract servicing department to facilitate seller-financed transactions. His career accolades include receiving HousingWire s Vanguard Award in 2019 and again in 2021. We went from seven offices and 93 people to three offices and 17 people in six months. There just wasnt any business.

Real Estate 369

Real Estate Clients Realtors Marketing 369

Housing Wire

JULY 21, 2021

“That’s the lowest level since January 2021.” “Refinance activity fell over the week, but because rates have stayed relatively low, the pace of applications was close to its highest level since early May 2021.”. . The refinance share of activity of total mortgage applications increased to 64.9% from 64.1%

Mortgage 476

Mortgage Marketing Contracts Inventory 476

Housing Wire

SEPTEMBER 13, 2021

Still, the 69,563 homes that went into contract represented a 9% decrease from the high point set in May 2021. from 55% in early July 2021, according to Redfin. from 55% in early July 2021, according to Redfin. Also noted as seasonally typical is the 16% decline in new home listings from the 2021 peak in June.

Housing Market 538

Housing Market Marketing Inventory Contracts 538

Housing Wire

JANUARY 17, 2024

A 5% sample of the UAD data was used, including the period between the third quarter of 2018 and the fourth quarter of 2021. of all purchased properties in the period analyzed between 2018 and 2021, despite national house prices growing rapidly. However, time adjustments happened to only 18.5%

Appraisal 487

Appraisal Contracts Finance Real Estate 487

Housing Wire

JANUARY 27, 2025

For almost all of 2020, 2021, and 2022, I literally worked every moment that I wasn’t asleep. ” Vetted pro tip: 10x your social media KPIs with Coffee & Contracts Want a shortcut to social media stardom? Coffee & Contracts has hundreds of gorgeous agent-designed templates and scripts for social media.

Agents 368

Agents Business Real Estate Real Estate Agent 368

Housing Wire

MARCH 6, 2025

Inventory levels are also still higher than the COVID-19 inventory lows: In late February 2021, inventory levels sat at 2,414 single-family units. New listings remain low as owners lock in Altos’s data for new listings accounts for single-family homes that come to market without an immediate or pending contract. housing market.

Inventory 298

Inventory New Listings Government Housing Market 298

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.

Mortgage 521

Mortgage Contracts Inventory Investors 521

Housing Wire

APRIL 28, 2021

decrease in applications in its latest report for the week ending April 23, 2021. Here is a more detailed breakdown of this week’s mortgage application data: The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($548,250 or less) decreased to 3.17% from 3.2%

Mortgage 488

Mortgage Contracts Inventory Marketing 488

Housing Wire

OCTOBER 27, 2021

Both new and existing-home sales last month were at their strongest sales pace since early 2021, but first-time home buyers are accounting for a declining share of activity.”. annual gain for the year ending in August 2021, remaining the same as the previous month. Mortgage applications increased 0.3% the week prior.

Mortgage 468

Mortgage Contracts Buyers Marketing 468

Housing Wire

SEPTEMBER 29, 2021

Homebuyer contract signings in the U.S. its highest level since January 2021. The more moderately priced regions of the South and Midwest are experiencing stronger signing of contracts to buy, which is not surprising,” Yun said in a statement. rose 8% month-over-month from July to August, though the figure was still 8.3%

Contracts 448

Contracts Inventory Housing Market Marketing 448

Housing Wire

JULY 7, 2021

in the week ending July 2, 2021, according to the latest report from the Mortgage Bankers Association. Mortgage applications decreased again , this time falling 1.8% This marks the third straight week of application declines, and represents the lowest level since the January 2020.

Mortgage 482

Mortgage Contracts Marketing 482

Housing Wire

MAY 12, 2021

for the week ending May 7, 2021, according to the most recent report from the Mortgage Bankers Association. After weeks of decreases , mortgage applications rose 2.1% Aiding the jump in mortgage applications was another sub-3% week of mortgage rates , which fell officially to 2.96%.

Mortgage 468

Mortgage Contracts Inventory Marketing 468

Housing Wire

JUNE 9, 2021

Compared to last year, fewer people are applying for purchase mortgages, the MBA reported, as home prices continue to rise and prospective buyers avoid astronomical bidding wars. from 0.29 (including the origination fee) for 80% LTV loans. from 0.29 (including the origination fee) for 80% LTV loans.

Mortgage 476

Mortgage Contracts Government Buyers 476

Housing Wire

AUGUST 27, 2024

Dubbed the “Contingency Buster,” the product uses its Purchase Price Guarantee (PPG), a binding backup contract that if a homebuyer’s current home does not sell within 150 days, the fintech will purchase it at an agreed-upon price, the company said in a release Tuesday.

Contracts 467

Contracts Real Estate Agent Real Estate Buyers 467

Housing Wire

JULY 5, 2021

The May 2021 Pending Home Sales Index of 114.7 Contract signings rose in all regions in May compared to the prior month and one year ago. Some of that make-up demand bled over into the early months of 2021. From the National Association of Realtors : “Pending home sales rose 8% in May from the prior month and 13.1%

Realtors 505

Realtors Contracts Marketing Housing Market 505

Housing Wire

DECEMBER 10, 2020

By 2021, that number will decrease to 18%, then continue to decrease in 2022 to 12%. “I In October, homebuyer traffic increased 32% year over year, while pending contracts increased 20% year over year. million, but the forecast posits that 2021 will see a slight dip to 1.5 This year, housing starts were at 1.53

Real Estate 508

Real Estate Realtors Housing Market Contracts 508

Housing Wire

MAY 3, 2022

The venture capital investment is in addition to $1 billion in separate capital commitments from investors that Point has lined up to help fund what it calls home-equity investment (HEI) contracts. “We Homeowners, in turn, get to cash out a slice of their home equity with no payments due until the contract matures.

Contracts 459

Contracts Investors Investing Market Value 459

Housing Wire

NOVEMBER 5, 2021

According to a report produced by Douglas Elliman and real estate appraisal company Miller Samuel , single-family home listings sloped down 58% year-over-year in July 2021 to a paltry 20 total in the famous ski-resort town. Thirty-three condo contracts were entered in July and 20 were in the $2-$4 million range.

Housing Market 476

Housing Market Marketing Real Estate Agent Contracts 476

Appraisal Buzz

JANUARY 30, 2025

This puts the number of new listings at its highest January level since 2021 and indicates that sellers are becoming more interested in the market. increase in the number of properties under contract but not yet sold (pending listings), which is still far less than the 7.4% The number of newly listed houses was 10.8% Grand Rapids (+4.8

Sellers 332

Sellers Inventory New Listings Contracts 332