Housing Market Tracker: Inventory and purchase applications data fall together
Purchase applications fell 10% and housing inventory decreased by 8.664 units last week, according to the Housing Market Tracker.
Purchase applications fell 10% and housing inventory decreased by 8.664 units last week, according to the Housing Market Tracker.
New data shows job openings are high and jobless claims are low, with a 3.4% unemployment rate, which isn’t ideal for mortgage rates.
Borrower demand for mortgage loans increased in the first three weeks of 2023, sparking optimism among housing industry professionals.
I want to showcase how this issue, which focuses on the future of housing, tries to explain what next year will look like.
The February issue has long focused on servicing. This year, we dive into the latest trends in mortgage defaults.
When looking for new lenders, the mortgage product mix, compensation, speed and cultural fit are all factors to consider, LOs say.
Goldman Sachs, a multinational investment bank, forecasts home prices will fall further in 2023 than initially expected.
Local markets is a HousingWire magazine feature spotlighting housing trends in five markets across the country.