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Housing Market Tracker: Inventory falls even lower
April 17, 2023
Mark Paul Cervantes
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Comments Off on Housing Market Tracker: Inventory falls even lower
The seasonal housing inventory bottom evaded us again last week as active listings fell and new listing inventory decreased. Purchase application data rose again, with more positive than negative data in 2023. Mortgage rates didn’t […]
The market outlook may be unclear, but lender challenges cannot get clearer
September 19, 2023
Mariel Alumit
Housing Wire
Comments Off on The market outlook may be unclear, but lender challenges cannot get clearer
One of the challenges in discussing what the mortgage industry needs to do next is figuring out what’s actually coming next. In August, when interest rates topped 7% for the first time in 22 years, […]
Housing activity to remain limited by mortgage rates, home prices: Fannie Mae
January 20, 2023
Mariel Alumit
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Comments Off on Housing activity to remain limited by mortgage rates, home prices: Fannie Mae
Homebuilder confidence and demand for mortgages have increased recently, keeping hopes high for an improved housing market in 2023. But a modest recession is still expected this year, and elevated mortgage rates, coupled with high […]