How did we get here, and what should we be focusing on as agents? These are the questions Jimmy Burgess posed to Keeping Current Matters’ George Ratiu, chief economist, and David Childers, president. Continue reading
Windermere Chief Economist Matthew Gardner has pulled the latest data on foreclosure starts and looked at the quality of mortgages that have been given to buyers in order to give you a clear idea of how foreclosures will impact the overall housing mark… Continue reading
Fannie Mae economists say jumbo mortgages and construction loans could get more scarce if regional banks tighten lending standards. Continue reading
Bank failures and a slowdown in wage growth have forecasters thinking the Fed will back off from an aggressive rate hike campaign next week. Continue reading
Futures markets are taking the Fed chair at his word that policymakers may have to hike rates faster and take them higher to combat inflation Continue reading
Fannie Mae’s National Housing Survey shows Americans are feeling less secure about keeping their jobs, and nearly 8 in 10 think it’s a bad time to buy a home. Continue reading
Companies said that instead of laying off workers, they’re trimming their payrolls through attrition or by offering voluntary buyouts. Continue reading
An MBA survey shows demand for purchase loans is down 18 percent week over week and 41 percent from a year ago as mortgage rates rise for the second week in a row. Continue reading
Economic downturn could put a damper on a promising start to the spring homebuying season, but set the stage for mortgage rates to ease and for home sales to rebound in 2024. Continue reading
Gen Zers and millennials who signed new leases in December saw their cost of goods and services increase 5.6 percent and 6.1 percent, respectively, according to a new report by Redfin. Continue reading