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Spring home buying season shows ‘steady demand’ as mortgage rates slip for second week

Spring home buying season shows ‘steady demand’ as mortgage rates slip for second week

by Third Party | Mar 27, 2023 | Mortgage Information, U.S. Housing Market

Source: Fox Business —  The spring home buying season is showing “steady demand” as mortgage rates slip for a second week in a row.  On Wednesday, the Federal Reserve raised its key interest rate by a quarter-percentage point and signaled that it...
The number of single women homeowners continues to surpass the number of single men homeowners

The number of single women homeowners continues to surpass the number of single men homeowners

by Third Party | Mar 26, 2023 | Mortgage Information, Real Estate News

Source: Bankrate —  Single women are a force to be reckoned with in residential real estate. Despite dealing with lower incomes than men, a pricey housing market and increasingly expensive mortgages, they comprise the second largest group of homebuyers — and...
MSR Financing, Marketing, Appraisal, DPA Products; Fannie, Freddie Changes; EU Central Bank News

MSR Financing, Marketing, Appraisal, DPA Products; Fannie, Freddie Changes; EU Central Bank News

by Third Party | Mar 26, 2023 | Mortgage Information, News/Current Events

Source: Mortgage News Daily —  “I got stuck in a conversation with some wealthy people and one woman asked me how my investments were doing. I replied that both avocadoes should be ripe by tomorrow.” Food prices are an everyday reminder of inflation on the...
Mortgage giant Fannie Mae tackles climate risk, but changes to underwriting may take several years

Mortgage giant Fannie Mae tackles climate risk, but changes to underwriting may take several years

by Third Party | Mar 22, 2023 | Mortgage Information, Real Estate News

Source: CNBC —  Global warming has already caused irreversible damage to the earth’s ecosystems and communities, according to a critical report just issued from the United Nations Intergovernmental Panel on Climate Change. The damage is extending to the U.S....
As Housing Market Cools, Homebuyers are Putting Less Money Down on a Home

As Housing Market Cools, Homebuyers are Putting Less Money Down on a Home

by Leora Ruzin | Mar 22, 2023 | Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The typical U.S. homebuyer’s down payment fell 10% year over year in January to $42,375, its lowest level in nearly two years, according to a new report from Redfin, the technology-based real estate brokerage. The median down payment was down 35% from the peak it...
‘I thought things would start to cool down’: High rates, prices challenge homebuyers

‘I thought things would start to cool down’: High rates, prices challenge homebuyers

by Third Party | Mar 22, 2023 | Mortgage Information, Real Estate News

Source: 13 WMAZ —  LOS ANGELES — Homeownership is likely to remain a pipe dream for many Americans this spring homebuying season. The nation’s worst housing slump in nearly a decade stoked hope among prospective buyers that homes could be scooped up more easily....
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Mortgage Industry

  • Spring home buying season shows ‘steady demand’ as mortgage rates slip for second week
  • The number of single women homeowners continues to surpass the number of single men homeowners
  • MSR Financing, Marketing, Appraisal, DPA Products; Fannie, Freddie Changes; EU Central Bank News
  • Mortgage giant Fannie Mae tackles climate risk, but changes to underwriting may take several years

International News

  • Is This the Calm Before the Mortgage-Rate Storm? Here’s Why Homebuyers Should Hurry
  • Housing Market Update: Spring Homebuying Season Kicks Off With Steady Demand, But Lack Of Listings Holds Back Sales
  • How Remote Work Has Affected Real Estate Values
  • Miami Homeowners Hold Onto Their Homes for 7.3 Years Before Selling

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weeklyrenews Weekly Real Estate News @weeklyrenews ·
9 Feb

Why education is set to be doubly important for agents in 2023
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https://wrenews.com/?p=23450

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weeklyrenews Weekly Real Estate News @weeklyrenews ·
9 Feb

Three things government could do to support the housing market now
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https://wrenews.com/?p=23455

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weeklyrenews Weekly Real Estate News @weeklyrenews ·
9 Feb

How to shop for and compare mortgage offers
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https://wrenews.com/?p=23445

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