FHA borrowers hit first, hardest by sinking economy
The fate of FHA-backed mortgages in the ongoing downcycle housing market is being compared with a canary in the coal mine by several industry experts who are seeing early warning signs of distress.
Mortgage Bankers Association
Mortgage and refinance rates today, Dec. 29, 2022
Today’s mortgage and refinance rates Average mortgage rates nudged higher again yesterday. That’s six rises in the last seven working days. Earlier this morning, markets were signaling that mortgage rates […]
Timeline: History of the Housing Market Over the Last 50 years
It’s been a long road the last 60 years in the U.S. housing market. From the quiet years in the 1960s to the surprise jump in buyer interest during the COVID-19 pandemic, this nation’s housing market has seen everything from the go-go years of 2002-2007 and the devastating crash that followed. According to the St. […]
The post Timeline: History of the Housing Market Over the Last 50 years appeared first on The Simple Dollar.
Mortgage Bankers Expect Rates To Drop to 5.4% in 2023. Here’s What That Means for Home Prices.
“Our forecast is for home-price growth moderation to continue,” Mortgage Bankers Association executive Joel Kan says.
Mortgage and refinance rates today, Dec. 27, 2022
Today’s mortgage and refinance rates Average mortgage rates moved higher last Friday. Indeed, they rose across the whole of that week. So far this morning, market movements are suggesting mortgage […]
Mortgage Rates Inch Up. ‘Homebuyers Are Waiting for Rates To Decrease More Significantly,’ Freddie Mac Says.
The 30-year mortgage rate is averaging at 6.48%, Freddie Mac said in its latest weekly survey on Thursday.
Mortgage Demand Falls in December to the Lowest Level Since 1996
Mortgage applications fell 13.2% in the latest week, the Mortgage Bankers Association said.
Mortgage demand inches higher as interest rates move lower – CNBC
Mortgage demand inches higher as interest rates move lower CNBC
An inside look at the latest trends in housing regulation and policy, featuring the 2022 Vanguard Honoree, Armando Falcon
Several of the 2022 HousingWire Vanguard honorees shared their insights on whatâs happening at the federal level
Higher conforming limits move over 2M homes out of jumbo market
The increase in the conforming loan limits for 2023 pulled over 2 million homes out of the jumbo financing market, a Zillow Home Loans analysis found. On Jan. 1, the baseline single-family conforming limit rose 12% to $726,000, with the limit in high-cost areas approaching $1.1 million. The Federal Housing Administration’s high cost limit also … [Read more…]