Mortgage rates blow past industry predictions
Some mortgage rate indices topped 4% on Thursday, blowing past predictions that rates might reach those levels by the end of 2022. Economists had predicted rates would rise as the… Read more »
Morning Roundup (2/11/2022)– Forbearances Down, Rates Up
Good Morning! Today is Friday, February 11. Biden is moving to split $7 billion in frozen Afghan funds between 9/11 victims’ families and humanitarian aid in Afghanistan. Congress passed a bipartisan… Read more »
Originators gear up for the purchase market
This article is part of our HousingWire 2022 forecast series. After the series wraps early next year, join us on February 8 for the HW+ Virtual 2022 Forecast Event. Bringing… Read more »
The Nation’s Most Expensive Zip Codes
When it comes to homes, consumers want it all: Amazing location, square footage, and a reasonable price. However, most homebuyers find it difficult in searching for a home with all… Read more »
Pending Home Sales Slide 2.2% in November
According to the National Association of Realtors (NAR), pending home sales slipped in November, dropping 2.2.% from October as found by NAR’s Pending Home Sales Index (PHSI), a forward-looking indicator… Read more »
7 Real Estate Trends To Watch in 2022, Leftover from 2021
** Note to this post: Although Blockchain technology is coming, we feel that it is still in its infancy and caution potential investors or anyone interested in diving in. There… Read more »
Zillow to Close iBuying Division
Zillow, a Seattle-based real estate and financial services company, has announced the closing of its iBuying division Zillow Offers effective immediately. The move represents a significant move away from one of its core means of revenue and the elimination… Read more »
Bidding Wars Dropped to 2021 Low in September
In September, 58.9% of home offers written by Redfin agents faced competition, a record low for 2021, according to a new report. That’s down from a revised rate of 60.8%… Read more »
8 Homeowner Expenses to Budget for — on Top of Your Mortgage
You’ve spent months — years even — saving up for a down payment for a house. You’ve budgeted meticulously, banking savings whenever you could to make homeownership possible. After reaching… Read more »