HW+ provides career-making insights and analysis for those in Mortgage, Real Estate and FinTech. This long-form digital content provides members with news nowhere else and digs deeper into the “why” behind the daily news cycle. To join the HW+ community, click here.
Fed holds rates steady amid inflation concerns, resilient job market
The move, expected by virtually all monetary policy watchers, underscores the challenge facing the Federal Reserve — deciding when it’s appropriate to cut rates.
Homebuilders have no motivation to grow permits with 7% rates
New home sales showed growth last month, but the homebuilders have no desire to grow housing permits or starts with 7% mortgage rates.
UpEquity receives warehouse facility from Silicon Valley Bank, Setpoint
The funding is expected to support $1 billion in originations over the next two years, a press release from the companies confirmed
Will AI replace mortgage jobs? Not exactly, execs say
Top mortgage tech executives say their companies are embracing AI in their operations but still relying on human decision-making to sell loans. And that’s not expected to change anytime soon.
Analysis: Loan repurchase patterns at Fannie, Freddie are divergent
Loan repurchases continue to trend downward at both Fannie Mae and Freddie Mac, but there appears to be a separation developing in loan-repurchase patterns — with Freddie reducing its loan buybacks at a faster clip than Fannie.
Reverse mortgage volume, securities issuance improve further in May
The reverse mortgage industry’s key HECM performance metrics showed improvement in May, according to RMI and New View Advisors.
Is it really the worst time ever to buy a house in the U.S.?
During 2021 and into 2022, Fannie Mae surveys on whether it’s a good time to buy a house have simply collapsed.
Zillow’s outlook for 2022: Will housing affordability slow demand?
“An unstoppable force will meet an immovable object in the U.S. housing market this year, and we’ll find out which one wins,” says Jeff Tucker, senior economist at Zillow.
HW+ Member Spotlight: Gary Scott
This week’s HW+ member spotlight features Gary Scott, president at Allen Tate Realtors, as he shares the big themes for the housing market in 2022.
