Pessimism about the housing market grew in September
The share of borrowers who thought it was a good time to buy hit an all-time low, according to Fannie Mae.
Purchase
Housing inventory reaches 2021 peak in September
More for-sale homes hit the market than at any point this year but a turning point may lie ahead, according to Realtor.com.
Half of individual investors pessimistic about housing market: survey
The home price increases and the ongoing inventory shortage made buying conditions difficult and many think it’s only getting more challenging, according to RealtyTrac.
Mountain states led home price growth for 4 years
Meanwhile, property values across the U.S. have increased for 40 quarters in a row, according to the Federal Housing Finance Agency.
Buyers and sellers grew pessimistic about the housing market in July
Tight inventory and heightened competition kept prime purchasers at bay as property values continued their summer surge, according to Fannie Mae.
Redfin adds predictive data on climate change to its local statistics
A ClimateCheck score measures the risk of disaster at the zip-code level over the period of a 30-year mortgage.
Investors bought more single-family homes than ever in 2Q
Soaring home prices and the abundance of all-cash offers that the deep-pocketed can afford makes home buying even harder for the average borrower, according to a Redfin report.
New-home loan volume drops to 13-month low in June
Meanwhile, the average new-home mortgage price climbed to a new all-time high, according to the Mortgage Bankers Association.
Freddie Mac raises origination outlook even as purchase demand softens
The GSE forecasts $4 trillion in production this year because refinance activity is stronger than expected.
Bidding wars lessen in June as buyer fatigue hits housing market
Competition amongst those shopping for homes fell for the second straight month as surging prices pushed consumers to the sidelines and inventory saw modest gains, according to Redfin.
June’s mortgage lending activity rebounds after two atypical months
Boosts in purchases and cash-out refinances drove the summer turnaround, according to Black Knight.
What housing bubble? Price growth driven by fundamentals, analysts say
The lack of homes for sale is supporting the record values, unlike what happened in the mid-2000s, analysts say.
While volume dropped, new-home loans hit a price record in May
Demand was strongest at the high end of the market, which pushed loan amounts up for the fourth straight month.
Mortgage lending activity hit 13-month low in May
Changed borrower psychology and the severe housing inventory shortage dropped lending activity across the board, according to Black Knight.
Rising refis drove 1Q mortgage volume to 21-year high
Refinancings more than doubled the year-ago amount and made up for the slowed purchase activity, according to Attom Data Solutions.
Housing supply shortage will restrict growth into 2022: Fannie Mae
Economic recovery should soar into the summer as vaccination rates climb and restrictions loosen up, but low inventory is likely to limit mortgage activity into the next year, according to Fannie Mae.
Increase in jumbo QM loans helps to boost credit availability
It’s getting easier to close bigger loans for higher-priced properties, but credit is expanding slower for first-time buyers.
Mortgage rates drop on COVID news, but should rise by year-end
Rising cases and vaccine issues caused bond yields to fall, but inflationary pressures will likely reverse that course.
Refis down 20% from year-ago levels as mortgage apps overall decline
Mortgage rates that are rising in tandem with a recovering economy dampened borrower activity, even with prime homebuying season underway.
Rising interest rates depress this week’s mortgage applications
While the economic recovery and stimulus checks drove upward movement in purchases, it wasn’t enough to offset tumbling refinance activity.
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