Housing Wire

NOVEMBER 23, 2024

It has been almost two months since mortgage rates spiked again, and my initial thought was this would tank housing demand. We had a positive 18-week period with purchase applications before mortgage rates started rising in September. Initially, the data showed more robust performance as mortgage rates approached 6%.

Mortgage 514

Mortgage Inventory New Listings Contracts 514

Housing Wire

NOVEMBER 15, 2024

Rocket Companies ’ third-quarter earnings call offered a glimpse into a key element of its 2025 strategy for Rocket Mortgage — driving profits through ridiculously high recapture rates and an expanding servicing portfolio. Here’s HousingWire’s early look at Rocket Mortgage’s 2025 recapture play strategy.

Mortgage 370

Mortgage Clients Inventory Business 370

Housing Wire

JULY 23, 2024

Home price growth in the second quarter was stronger than previously anticipated, but economists at Fannie Mae believe it will likely moderate soon, closing 2024 and 2025 at annualized rates of 6.1% Fannie now forecasts the 30-year fixed rate mortgage rate to average 6.8% and 3%, respectively. in 2024 and 6.4% Credit: Fannie Mae

Inventory 468

Inventory Housing Market Construction Mortgage 468

Appraisal Buzz

NOVEMBER 26, 2024

Housing Market Supply and Demand: An analysis of housing inventory trends and construction pressures affecting pricing and availability. Stone discussed challenges in the real estate and mortgage sectors, emphasizing operational efficiency and preparedness in light of regulatory changes, housing supply concerns, and evolving market dynamics.

Real Estate 367

Real Estate Insurance Construction Housing Market 367

Housing Wire

MARCH 18, 2024

real estate market were for inventory growth, sales growth and home-price growth across the U.S. At the time, I observed that even if mortgage rates stayed flat, the momentum seemed to be in the cards for broad, slow growth in the market. However, mortgage rates didn’t stay flat. If mortgage rates continue to rise to 7.5%

Inventory 468

Inventory New Listings Sellers Contracts 468

Housing Wire

APRIL 11, 2022

Given the current housing inventory crisis, it might surprise people to realize this: we built too many homes during the housing bubble years. Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. Wait, what?

Inventory 514

Inventory Housing Market Marketing Modernization 514

Housing Wire

NOVEMBER 20, 2024

The 2024 housing market is shaping out to be one of the slowest in recent memory, but what can the industry expect in 2025? HousingWire Lead Analyst Logan Mohtashami and Altos Research Founder Mike Simonsen have compiled a comprehensive forecast for the 2025 housing market. million in existing home sales in 2025.

Marketing 360

Marketing Inventory Housing Market Realtors 360

Housing Wire

DECEMBER 12, 2024

Institutional sellers at distressed property auctions have gradually lowered pricing over the last six months as rising retail inventory and stubbornly high mortgage rates act as twin headwinds for buyers purchasing at these auctions. 26, 2025 and hear Daren Blomquist in person.

Housing Market 366

Housing Market Retail Marketing Sellers 366

Housing Wire

AUGUST 19, 2024

Unsold inventory of homes for sale has been on the rise all year. It hasn’t turned the corner yet — inventory rose across the country this week — but at less than 1% rate. There are some signs that inventory growth is slowing with newly lower mortgage rates and the end of the summer. Texas inventory grew by 1.5%

Inventory 435

Inventory New Listings Sellers Buyers 435

Housing Wire

AUGUST 29, 2024

Unsold inventory of homes on the market has been climbing in the U.S. for two years, right along with rising mortgage rates. In general, inventory rises with rates because more expensive money slows demand. When demand slows, inventory grows. Inventory is climbing but it’s still pretty restricted.

Inventory 482

Inventory Real Estate Housing Market Construction 482

Housing Wire

OCTOBER 21, 2024

As 2025 approaches, the U.S. Mortgage rates, rental patterns, homeownership dreams, and housing trends across the country are all seemingly colliding in ways that create both opportunities and uncertainties. real estate market is marked by contradictions that are leaving many confused. But there’s more to the story.

Real Estate 493

Real Estate Marketing Insurance Property Taxes 493

Housing Wire

NOVEMBER 21, 2024

The difference is mortgage rates: even with inventory growing at a healthy clip this year, mortgage rates just heading down toward 6% for a brief period of time resulted in higher prices in a seasonally soft period. This is something to think about for 2025. However, that didn’t happen. million in October.

Mortgage 492

Mortgage Housing Market Inventory Contracts 492

Housing Wire

SEPTEMBER 5, 2024

Data released Thursday by Realtor.com and Redfin shows that even as more homes are being listed for sale and mortgage payments are becoming more affordable, fewer transactions are occurring. It was the 10th straight month of annualized growth and for-sale inventory is now at its highest level since May 2020.

Inventory 468

Inventory Buyers Sellers Mortgage 468

Housing Wire

OCTOBER 25, 2024

TD: There will be an uptick throughout the rest of 2024 and into 2025 due to a deficit of 5-7 million homes. Ground-up construction growth will be high to meet the population growth and meet the demand due to limited inventory. HW : The fix-and-flip market continues to see strong demand despite inventory challenges.

Investors 448

Investors Construction Training Realtors 448

Housing Wire

JUNE 1, 2024

Mortgage rates have been a bit more volatile recently due to hawkish Federal Reserve statements and inflation data, which has impacted some of the recent movement in the 10-year yield. So, what does this all mean for the housing market and the future of mortgage rates? Once mortgage rates began rising in 2024, some demand was removed.

Mortgage 520

Mortgage Inventory New Listings Housing Market 520

Housing Wire

MARCH 29, 2022

Given the current housing inventory crisis, it might surprise people to realize this: we built too many homes during the housing bubble years. Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. Wait, what?

Inventory 435

Inventory Housing Market Marketing Modernization 435

Housing Wire

NOVEMBER 22, 2024

As low inventory levels, elevated mortgage rates and rising home prices keep the housing industry stagnant, short-term real estate investors — aka fix-and-flippers — faced market turmoil during the third quarter of 2024. But acquisitions were also somewhat easier in these markets due to rising inventory. ”

Investors 433

Investors Mortgage Property Taxes Inventory 433

Housing Wire

DECEMBER 11, 2024

Mortgage applications increased 5.4% 6, stemming from a 27% jump in refinance activity, according to a report released Wednesday by the Mortgage Bankers Association (MBA). This is the latest weekly increase in mortgage applications, following a trend of steady demand increases over the past several weeks. share a week prior.

Mortgage 390

Mortgage Contracts Government Inventory 390

Appraisal Buzz

DECEMBER 13, 2024

The National Association of Realtors (NAR) has announced 10 top hot spots for the 2025 housing market based on economic, demographic and housing factors predicted to significantly impact local markets. All areas offer a favorable financing environmenteither with lower proportions of locked-in homeowners or lower mortgage rates.

Inventory 243

Inventory Bracketing Buyers Housing Market 243

Housing Wire

DECEMBER 20, 2024

Despite 2025 housing market predictions changing fast , there are still key themes and trends for real estate leaders to watch to best serve their clients and business. HW: What housing trends do you think will continue in 2025 and why? JL: Housing inventory has been climbing in recent months.

Real Estate 230

Real Estate Housing Market Marketing Realtors 230

Housing Wire

DECEMBER 16, 2024

While some of those markets have since seen a reversal of fortunes, 2025 may bring a few more surprises. Among the 10 NAR highlights there are common themes existing affordability, lower lock-in effect on mortgages, strong job growth and high migration. Locked-in mortgages have been widely credited with cutting off housing inventory.

Housing Market 230

Housing Market Marketing Inventory Realtors 230

Housing Wire

NOVEMBER 8, 2024

The NAR president and Massachusetts native then took NAR members on a walk down memory lane to explain the trade group’s priorities for 2025. “In So, as I look to 2025 and where we want to go, it is to stick to the basics. Those utilizing mortgages from the U.S. It means that in 2025, NAR is going to be leaner.

Realtors 369

Realtors Real Estate Legal Agents 369

Housing Wire

DECEMBER 4, 2024

Mortgage applications increased 2.8% 29 as borrowers took advantage of improved inventory levels and the lowest mortgage rates in a month, according to data released Wednesday by the Mortgage Bankers Association (MBA). In 2025, jumbo loans will increase to a minimum size of $806,501 — a 5.2% in the prior week.

Mortgage 397

Mortgage Inventory Government Contracts 397

Housing Wire

NOVEMBER 25, 2024

With relentlessly high mortgage rates and stubbornly high home prices, the mortgage payment on the median priced home in the U.S. We saw two signals that buyers are backing off in the face of mortgage rates. We saw two signals that buyers are backing off in the face of mortgage rates. As rates climb, inventory climbs.

New Listings 397

New Listings Inventory Sellers Contracts 397

Housing Wire

DECEMBER 26, 2023

Kyle Joseph, a specialty finance equity research analyst at Jefferies , believes that the worst of the current mortgage cycle may be behind us, a sentiment shared by most analysts covering this industry. Mortgage rates will moderate down to about 6% to 6.25%.” ” Kornfeld expects mortgage originations to range from $1.8

Mortgage 516

Mortgage Inventory Marketing Finance 516

Appraisal Buzz

DECEMBER 16, 2024

As the new year draws near, Fannie Mae anticipates that many of the housing trends from 2024 will persist in 2025, with the lock-in effect of mortgage rates and housing affordability continuing to be major obstacles for countless Americans. In 2025, economists predict that the average mortgage rate will continue to be higher than 6%.

Inventory 240

Inventory Construction Housing Market Mortgage 240

Housing Wire

DECEMBER 14, 2024

The holiday season is here, and despite higher mortgage rates last week, housing demand is displaying some festive resilience. Mortgage rates picked up last week, though that hasnt significantly impacted our pending contract data, which is showing some positive year-over-year growth when we compare it to 2022 and 2023.

Mortgage 396

Mortgage Inventory New Listings Contracts 396

Housing Wire

SEPTEMBER 5, 2024

Declining mortgage rates have yet to break the dam on the stalled housing market, but the sweet spot on rates that would get the market moving again is about 5%. This is why industry estimates call for a robust 2025 with $2 trillion in expected mortgage originations.” But now rates are down more than 1.5% from this peak.

Buyers 493

Buyers Marketing Mortgage Real Estate Agent 493

Housing Wire

DECEMBER 14, 2023

The holidays have come early for the mortgage industry. Mortgage rates fell below the 7% threshold this week as markets prepared for Federal Reserve Chairman Jerome Powell’s announcement on Wednesday. The 30-year, fixed mortgage rate averaged 6.95% for the week ending Dec. on Thursday.

Mortgage 501

Mortgage New Listings Loan Officers Inventory 501

Housing Wire

DECEMBER 7, 2024

Last week, we witnessed a Santa Claus rally in mortgage rates alongside improved housing demand. When mortgage rates began to decline in June, there was a traditional lag between purchase applications and sales. Let’s see how the year ends, but since mortgage rates rose, the data has been positive for the last eight weeks.

New Listings 505

New Listings Inventory Contracts Housing Market 505

Appraisal Buzz

DECEMBER 6, 2024

in 2025 and 3.6% for 2025, and 3.3% Fannie Maes Economic & Strategic Research (ESR) Group also surveyed panelists on their general housing outlook for 2025. Fannie Maes Economic & Strategic Research (ESR) Group also surveyed panelists on their general housing outlook for 2025. for 2024, 3.1%

Inventory 394

Inventory Home Value Design Mortgage 394

Housing Wire

OCTOBER 16, 2023

The trough for the mortgage origination market is nearing an end point and 2024 is shaping up to be a better year for the industry, economists of the the Mortgage Bankers Association (MBA) said at the 2023 Annual Convention & Expo in Philadelphia, Pennsylvania. at the end of 2025 as Treasury rates decline and as the spread narrows.

Mortgage 508

Mortgage Marketing Inventory Technology 508

Housing Wire

MAY 23, 2024

Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a pretax net loss of $645 on each loan they originated in the first quarter of 2024 — a decrease from the average loss of $2,109 per loan in Q4 2023, according to the Mortgage Bankers Association ’s (MBA) newest quarterly performance report.

Retail 476

Retail Mortgage Valuation Inventory 476

Housing Wire

DECEMBER 11, 2023

After hitting a 23-year high of 8% in October, mortgage rates have cooled down to the lowest levels since July. The mortgage rate dip is welcome news for the housing market, but loan originators and industry executives emphasized that rates need to decline further and remain stable to reinvigorate buyers’ demand.

Mortgage 482

Mortgage Buyers Inventory Technology 482

Housing Wire

NOVEMBER 27, 2024

Mortgage applications rose 6.3% 22, driven by a 12% increase in demand for purchase loans, according to data released Wednesday by the Mortgage Bankers Association (MBA). It is the third straight weekly increase for applications — a good sign for mortgage lenders heading into the typically slow Thanksgiving holiday.

Mortgage 370

Mortgage Contracts Government Inventory 370

Housing Wire

JANUARY 26, 2024

The housing market is off to a good start this year, as consumers benefit from falling mortgage rates and stable home prices,” NAR chief economist Lawrence Yun said in a statement. New home sales , another measure of contract signings, rose 8% in December on the back of declining mortgage rates. in 2025 to reach $405,200.

Contracts 482

Contracts Housing Market Construction Inventory 482

Appraisal Buzz

JUNE 27, 2024

month-over-month, not just falling below forecasters’ hopes but hitting an all-time low since the NAR began collecting this data in 2001,” said Kate Wood, Home & Mortgage Expert at NerdWallet. “A A continued dearth of inventory, high home prices and stable mortgage interest rates have kept would-be home buyers at bay this spring.”

Contracts 418

Contracts Inventory Buyers Mortgage 418