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Housing demand positive, but at risk from higher mortgage rates

January 11, 2025 by bp56691
Housing demand positive, but at risk from higher mortgage rates
Our weekly pending contract data is still positive, but only by 1%, as demand growth has slowed amid higher mortgage rates.
Categories Housing Inventory, Housing Market, Housing Market Tracker, HWmember, Mortgage Rates, Purchase Applications

Rep. Maxine Waters pushes for serious investigation with proposed wildfire bill

January 10, 2025 by bp56691
Less than 10 days into 2025, California is experiencing a multibillion-dollar wildfire disaster that is further shaking up the state’s already vulnerable insurance coverage.
Categories California, Climate Change, Congress, House of Representatives, Housing Market, HWmember, Los Angeles, Regulatory, Wildfire

Jobs week data is keeping mortgage rates above 7%

January 10, 2025 by bp56691
Jobs week data is keeping mortgage rates above 7%
Today’s jobs report beat expectations, which means mortgage rates will stay elevated.
Categories Bureau of Labor Statistics, Federal Reserve, Housing Market, HWmember, Jobs Report, Mortgage Rates

How reverse mortgage pros will seek to connect with clients in 2025

January 7, 2025 by bp56691
The reverse mortgage industry is ready to hit the ground running in its efforts to connect with new clients in 2025.
Categories Fairway Independent Mortgage, Finance of America, HECM, HWmember, Marketing, New American Funding, Reverse

New CMLS leader John DiMichele on the state of multiple listing services

January 3, 2025 by bp56691
New CMLS leader John DiMichele on the state of multiple listing services
HousingWire real estate reporter Jeff Andrews sat down with John DiMichele, the new chair of the Council of Multiple Listing Services (CMLS), to discuss the state of MLSs and their future in a rapidly changing real estate environment.
Categories HWmember, MLS, NAR Lawsuit Settlement, national association of realtors, Real Estate

Reverse mortgage leaders on partnering with the forward side in 2025

January 3, 2025 by bp56691
The reverse mortgage industry seeks to build its positive momentum this year after collaborating extensively with forward lenders in 2024.
Categories Fairway Independent Mortgage, Guild Mortgage, HECM, HWmember, New American Funding, NRMLA, Reverse

Buying a home is growing even less affordable

November 25, 2024 by bp56691
Buying a home is growing even less affordable
Stubbornly high mortgage rates and home prices mean that housing affordability isn’t getting better.
Categories Altos Research, Home Prices, Housing Inventory, Housing Market, HWmember, Yahoo Finance

What to expect from the 2025 housing market

November 18, 2024 by bp56691
What to expect from the 2025 housing market
What will the housing market look like in 2025? We already see many signals for what to expect on inventory, new listings and prices.
Categories Data & Visuals, Home Prices, Housing Inventory, Housing Market, HWmember, New listings

Trump’s plan to build houses on federal land, explained

November 18, 2024 by bp56691
Trump’s plan to build houses on federal land, explained
Donald Trump’s impending second term has sparked discussions about addressing the housing crisis by building new homes on federal lands.
Categories Affordable Housing, Donald Trump, Housing Market, Housing Policy, HWmember, Regulatory, Trump Administration, U.S. Department of Housing and Urban Development

Credit data shows: There’s no housing crash coming

November 15, 2024 by bp56691
Credit data shows: There’s no housing crash coming
The updated New York Fed credit report shows why we won’t see a housing bubble crash anytime soon, despite what your crazy uncle thinks.
Categories Credit Score, Housing Bubble, Housing Crash, Housing Market, HWmember, Mortgage, QM rule
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