Loan buybacks haven’t disappeared, but they are trending down

As of third-quarter 2023, the most recent data available, Freddie Mac’s repurchase volume was $384 million,…

Powell makes it clear: No rate cuts anytime soon

Powell: “Right now, given the strength of the labor market and progress on inflation so far,…

Will a wider war in the Middle East push mortgage rates higher or lower?

10-year yield and mortgage rates There is nothing good to report on mortgage rates from last…

How the CPI data took one Fed rate cut off the table for 2024 

So far, we have held the line on the market pricing in three rate cuts, but…

What will happen to home prices with more inventory?

Sales are increasing because supply is increasing. We’re slowly emerging from a supply-constrained market. Sales in…

Housing inventory fell last week, but it won’t derail the spring bump

Weekly housing inventory data Active inventory still needs to be faster for my taste. My model…

The labor report gives the Fed a clear pathway to land the plane

The 10-year yield has had a wild ride today, but now is an excellent time to…

Zillow or CoStar? NAR settlement terms could determine a winner

Stock performance In the hours after the bombshell news of the settlement, residential real estate stocks…

NEXA’s Grella sues Kortas over “secret, unauthorized” aircraft-related purchases

Grella filed a complaint against Kortas and his wife, Edna Montijo, in Maricopa County (Arizona) on…