Latest Updates Around The World
In recent years, the housing market has been determined more by what didn’t happen than by what did happen. Homeowners didn’t move. The stock has not been rebuilt. Affordability has not improved significantly. Extremely low pandemic-era mortgage rates created a lock-in dynamic unlike anything seen in modern housing history, freezing mobility and pushing existing home […]
As Logan Mohtashami, HousingWire’s chief analyst, noted earlier this week, spreads between 10-year Treasury yields and 30-year Treasury mortgage rates have fallen significantly over the past two years. Vishal Garg, CEO of digital lender Better.comsaid in an email interview with HousingWire that it is “a big deal” if spreads tighten as the Fed has not […]
The answer, according to Kushi, lies in six forces shaping the outlook: affordability, demographic demand, regional divergence, local tension, rising inventory and the continued benefit to new housing. Affordability and demographics Mortgage rates are expected to remain in the low 6% range next year, according to a report published this week by First American Data […]
Despite the record -high turnover, the number of new houses for sale fell slightly to 490,000, which represents a stock of 7.4 months in the current sales pace. That is lower than 9.0 months in July and 8.2 months a year earlier, which reflects a closer inventory. The data painting a cloudy image of what […]
Despite this decrease, economists love First American‘s Odeta Kushi, say that the sale of new house in July exceeded the expectations, which came after the numbers of June, were revised upstairs. As the pace of the sale of new home delayed, the inventory rose at the end of July to 499,000 units, an increase of […]
Ice Post $ 851 million profit in Q2 2025, increases income guidance Intercontinental exchange reported $ 851 million to the net income for the second quarter and a return towards profitability in its mortgage segment – the first in more than two years. With record revenues, strong cash flow and momentum of recent partnerships, ICE […]
