Remove 2026 Remove Inventory Remove Lending
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Mat Ishbia talks the ‘loser mentality,’ the controversial ‘ultimatum’ and the years ahead

Housing Wire

Meanwhile, 2025 and 2026 will be off the charts. What does Ishbia think about surging mortgage rates , lack of housing inventory and monetary and policy pressures ? ” Ishbia says that the wholesale channel should reach 33% market share by 2026, compared to the current level of 22%. And 2025 and 2026 will be off the charts.

Retail 370
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Home Point, soon to be defunct, delivers $28M loss in Q1

Housing Wire

The company failed to adjust to a landscape of high mortgage rates, low inventory levels and fierce competition. The buyer will also assume $500 million in Home Point’s senior notes due in February 2026. The transaction with The Loan Store did not include the company’s MSR portfolio, which is the target of Mr. Cooper’s deal.

Buyers 397
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6% mortgage rates are back (for select borrowers)

Housing Wire

A top-tier borrower with a 780 FICO score and a 25-30% down payment for a single-family vanilla 30-year fixed-rate mortgage was quoted 6.875% on Thursday, said Larry Steinway, senior vice president of mortgage lending and branch manager of Revolution Mortgage. “We We are definitely seeing an uptick in demand. in 2024, followed by 5.5%

Mortgage 482
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Fed Cuts Interest Rate by a Half-Point

Appraisal Buzz

The Fed now predicts that inflation will not come down to their 2% target until sometime in 2026. While a rate cut will give an immediate boost to purchasing power for potential homebuyers, the pent-up demand, limited available inventory, and high home prices mean that purchasing power increase may not mean much in practical terms.

Investors 435
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DataDigest: Goldilocks and the big IMBs

Housing Wire

His prediction is that 2025 and 2026 “will be off the charts.” The size of the lending opportunity in the upcoming years is hard to figure at the moment. The ultra-low mortgage rates from 2020 to 2022 undoubtedly removed inventory from the board for probably the better part of the decade.

Retail 370
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Despite Falling Rates, King County Housing Market Flops to End Forgettable Year

Will Springer Realtor

There is little doubt the inventory shortage will continue through 2024 – as mortgage rates remain too high for many consumers – and that means great pressure to push prices higher. Inventory fell in terms of months of supply across the county. months’ inventory was available as of Jan. Inventory stood at 2.0 in November.

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2024 Updated UAD and URAR – What does It Mean for You?

Appraisal Today

To see the timeline (from 2018 to 2026) PDF, Click Here Too large to include in this newsletter. For residential appraisers, it remains imperative to remember that even as the market shows initial signs of correcting, inventory still sits at extremely supply-constrained levels from a historical context.