Real Estate Broker/Agency News

Purchase mortgage rates shoot back up to 5.50%

The rollercoaster continues for mortgage rates. After falling 40 basis points last week to 5.30%, purchase mortgage rates climbed back up this week to 5.50%, according to the latest PMMS survey from Freddie Mac. “Mortgage rates are volatile as economic growth slows due to fiscal and monetary drags,” said Sam

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With home sales down, why are home prices still up?

Looking at the housing market in the years 2020-2024, one risk I identified early on was that home prices could accelerate more in this period than we saw in the previous expansion if inventory channels broke to all-time lows. I talked about having a 23% price-growth model for the housing

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June: Market Update for Housing Marketers

June was a volatile month for mortgage rates and for lenders having to adapt quickly to changing conditions. Some of our top stories covered layoffs as lenders try to match staffing needs with volume. Other top stories looked to make sense of the new environment, including: ·  How mortgage lenders

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Manufactured housing’s trek toward acceptance

In policymakers’ hunt for a scalable, quick solution to the affordability crisis, one model has attracted more attention of late: manufactured housing. Manufactured housing received a prominent shoutout in the Biden administration’s affordable housing plan, which touted the potential role Freddie Mac could play in that market. Now the government-sponsored

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Spencer Rascoff to headline at HW Annual October 3-5

One of the largest barriers to homeownership is affordability and access. Former Zillow CEO, Spencer Rascoff, has recognized that obstacle and uses his business and real estate insight to tear it down. That is why HousingWire is thrilled to have Rascoff as a headline speaker at HW Annual October 3

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