Know about market updates
After a solid start with steady rises in 2020, mortgage applications have taken a hit this week. According to the Mortgage Bankers Association, mortgage applications decreased 6.4% from last week, which saw a 1.1% increase. This follows January’s 11-year high…
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Instant mortgage approvals are one front of a three-front war for housing dominance I laid out to start 2020. Now let’s go a level deeper. Instant mortgages are the endgame of directly-connected consumer data, but who controls consumer data in…
Read moreMike Bloomberg, former mayor of New York City and latecomer in the Democratic race for the presidency, released his financial reform policy plan, and it has sweeping implications for the housing industry. The plan lays out his proposed changes, including:…
Read moreWith housing inventory struggling to make up for last year’s shortage, and home price gains shooting up, finding a home can be a bit of a rollercoaster ride. There are fewer homes available on the market now than there have…
Read moreWhile February’s Housing Market Index revealed a small dip in homebuilder confidence, the overall takeaway is that sentiment levels are still high. In fact, according to the National Association of Home Builders and Wells Fargo, the last three monthly readings…
Read moreHomebuilder confidence slightly fell again this month, according to February’s Housing Market Index. The last three monthly readings mark the highest sentiment levels since December 2017. The National Association of Home Builders and Wells Fargo, which publish the monthly report,…
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HousingWire recently caught up with Peter A. Espinosa, the new chief executive officer at Mortgage Cadence. He’s been traveling across the country, meeting with staff members and customers as the company prepares to roll out its next generation loan origination…
Read moreIn December, home prices climbed by 4% from the previous year, according to CoreLogic’s latest Home Price Forecast. The CoreLogic HPI projects future home price growth based on several economic variables and measures the number of owner-occupied households in each state. According…
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In the age of quick news cycles and social media, it can be hard to make heads or tails of housing market news. With plenty of sources to pick and choose from, it’s easy for anyone to form a narrative…
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The coronavirus epidemic that has China on near-lockdown likely will quash U.S. home sales to Chinese buyers, the No. 1 foreign purchasers of American property for the last seven years. “Everything coming out of China is on hold, and that…
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