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  • Purchase mortgage rates drop, ending 2-week climb  Jun. 30th 2022
    Purchase mortgage rates this week dropped 11 basis points to 5.70%, according to the latest Freddie Mac PMMS index.  The post Purchase mortgage rates drop, ending 2-week climb  appeared first on HousingWire.

  • How home-price growth has damaged the housing market Jun. 28th 2022
    It's never a good thing when you see vertical home-price growth. This either means a massive supply shortage or you had a credit boom. The post How home-price growth has damaged the housing market appeared first on HousingWire.

  • Winners and losers in this volatile housing market Jun. 27th 2022
    Any market that pushes some businesses to the brink of insolvency also will create opportunities for others. Through numerous interviews with industry players, HousingWire assessed the rapidly changing housing market to determine who remains vulnerable to the higher-rate environment, and who’s primed to capitalize in the months ahead.  The post Winners and losers in this volatile housing market appeared first on HousingWire.

  • New home sales beat estimates, but what does it mean? Jun. 24th 2022
    Overall, the new homes sales was a shocking report, not only as a headline beat, but with positive revisions on sales. The post New home sales beat estimates, but what does it mean? appeared first on HousingWire.

  • The savagely unhealthy housing market is now a nightmare Jun. 21st 2022
    We need total housing inventory to reach a range of 1.52-1.93 million to return to normal. Currently, we are at 1.16 million. The post The savagely unhealthy housing market is now a nightmare appeared first on HousingWire.

  • Housing starts data raises 5th recession red flag Jun. 16th 2022
    Considering housing starts, Wednesday's builder confidence index and mortgage rates over 6%, it’s time to raise the fifth recession red flag. The post Housing starts data raises 5th recession red flag appeared first on HousingWire.

  • How the Fed’s rate hike will affect the housing market Jun. 16th 2022
    The Fed's move to increase interest rates by 75 bps will cool down a housing market that was already losing steam. Here's what LOs and economists expect to happen. The post How the Fed’s rate hike will affect the housing market appeared first on HousingWire.

  • Logan Mohtashami: “biggest affordability hit in our lifetime” Jun. 15th 2022
    When rates rise, demand always declines. Now that we're at 6%+, we'll see how much damage that does combined with significant price gains. The post Logan Mohtashami: “biggest affordability hit in our lifetime” appeared first on HousingWire.

  • MBA wants tweaks to FHA’s second chance program Jun. 13th 2022
    The MBA is asking the FHA to clarify changes made to the administration's Claims Without Conveyance of Title program. The post MBA wants tweaks to FHA’s second chance program appeared first on HousingWire.

  • Home equity skyrocketed during the first quarter of 2022 Jun. 09th 2022
    Homeowners with mortgages in Q1 2022 gained 32.2% equity year-over-year for an average gain of $63,000 per borrower, a CoreLogic report found. The post Home equity skyrocketed during the first quarter of 2022 appeared first on HousingWire.