Weekly housing inventory data Higher mortgage rates with duration will likely lead to higher inventory, which…
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Ginnie Mae President Alanna McCargo to resign
Ginnie Mae President Alanna McCargo is resigning from her position at the government-owned company effective May…
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,…
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…
Mortgage rates stabilize prior to Friday’s jobs report
Mortgage rates remained stable this week as the personal consumption expenditures (PCE) inflation report matched economists’…
Judge sides with trade groups, halts new CRA rules
A federal judge in Texas has granted a preliminary injunction to banking trade groups that seek…
Weekly active inventory growth still too slow
Weekly housing inventory data Now that we are right in the middle of the spring buying…