Will mortgage rates allow for ‘peak’ homebuying season?

March 3, 2025 by bp56691

It’s quite obvious that stubbornly high mortgage rates slowed down early season homebuyers in the first quarter of 2025. Our weekly pending home sales data continues to run about 3% below last year.

Trump orders immediate expansion of US timber production

March 2, 2025 by bp56691

Trump issued an executive order that calls for the immediate expansion of U.S. timber production to increase the supply of American lumber.

Do mortgage rates have room to drop lower?

March 1, 2025 by bp56691

Treasury Secretary Bessent said the housing market is about to “unfreeze.” Can mortgage rates go even lower than we’ve seen since Jan. 14?

Barry Habib shares 2025 mortgage forecast at Housing Economic Summit

February 26, 2025 by bp56691

Barry Habib’s highly anticipated 2025 housing market forecast premiered during HousingWire‘s Housing Economic Summit on Wednesday in Dallas. Habib, the CEO of MBS Highway, kicked off his by presentation by referencing his 2024 forecast, telling the crowd of 250-plus that he hit the mark for home price appreciation and predicted lower numbers than expected for […]

Trump memo calls for escalation of mass layoffs at federal agencies

February 26, 2025 by bp56691

In a memo circulated on Wednesday, President Donald Trump laid out a two-phase requirement for agencies to eliminate more positions.

Trump administration ends Affirmatively Furthering Fair Housing rule

February 26, 2025 by bp56691

During a media conference on Wednesday, HUD officials announced that the agency was ending the Affirmatively Furthering Fair Housing (AFFH) rule. They claim that the rule amounted to the federal government “annexing” the suburbs, a claim that was echoed by President Donald Trump in 2020.

2025 could be the last year of inventory shortage

February 24, 2025 by bp56691

New data shows many signs that 2025 may be the final year of widespread housing inventory shortages, as long as certain factors align.

Deadly Kentucky floods will exacerbate existing housing issues

February 24, 2025 by bp56691

Effects from deadly flooding in Eastern Kentucky were made worse this past weekend as a storm system brought heavy snow and wind into already devastated communities. It will have a large impact on real estate for years to come, Kentucky real estate agents told HousingWire. As of Monday, the statewide death toll associated with the […]

Can government job cuts lead to lower mortgage rates for spring?

February 23, 2025 by bp56691

Could the loss of jobs in the government sector significantly increase the unemployment rate and push mortgage rates lower this spring?

NC governor needs $1.4B in block grants for post-Helene recovery. That could be a problem

February 22, 2025 by bp56691

NC governor needs .4B in block grants for post-Helene recovery. That could be a problem

The governor has requested additional funding from Congress, but the possibility of deep HUD cuts complicates the path ahead.