Housing Wire

JANUARY 30, 2025

High mortgage rates have not significantly dented housing demand due to greater numbers of cash transactions. According to Bright MLS chief economist Lisa Sturtevant, 2024 marked a 30-year low for pending home sales. However, with mortgage rates rising in December and pushing above 7% in January, buyers and sellers are hesitant.

Sales 429

Sales MLS Mortgages Marketing 429

Housing Wire

FEBRUARY 13, 2024

Intercontinental Exchange (ICE) announced a multiyear licensing agreement with REdistribute for permissioned access to multiple listing services (MLS) information. Launched in 2022 by BrightMLS and California Regional MLS , REdistribute is an MLS-owned company that includes licensed data from more than 40 MLSs.

MLS 435

MLS Technology Residential Mortgages 435

Housing Wire

JULY 23, 2024

Mortgage rates continue to move lower this week even as higher borrowing costs have kept activity subdued across many areas of the housing market. Lower mortgage rates are having a positive impact on application levels, with the Mortgage Bankers Association (MBA) reporting last week that applications were up 3.9%

Mortgages 511

Mortgages MLS Finance Loans 511

Housing Wire

NOVEMBER 30, 2023

Bright MLS released its National Housing Market Outlook on Wednesday, which shows that affordability will remain the biggest challenge for homebuyers next year. Homebuyer traffic will increase in 2024, fueled by lower mortgage rates and more existing-home inventory. for much of the year before reaching 6.2% by the year’s end.

MLS 493

MLS Closing costs Sales Mortgages 493

Housing Wire

DECEMBER 30, 2024

Despite rising mortgage rates through much of 2024, recent indications show growing boldness among homebuyers heading into the new year. These increases are persisting despite mortgage rates near 7%. ” Housing industry experts attribute the recent increases in pending home sales to a shift in buyer attitudes about mortgage rates.

Sales 435

Sales Mortgages MLS Marketing 435

Housing Wire

MARCH 3, 2025

HousingWire is proud to announce the 2025 Finance Leaders, recognizing 40 of the most impactful finance executives in the mortgage and real estate industries.

Finance 387

Finance Lending Principal MLS 387

Housing Wire

NOVEMBER 26, 2024

Economists point to the October surge in mortgage rates and the rise in existing-home inventory as some of the factors behind the disappointing results for new-home sales. ​​”Some of the dip in new home sales in October is partially explained by political uncertainty ,” Bright MLS chief economist Lisa Sturtevant said in a statement.

Sales 448

Sales MLS Mortgages Development 448

Housing Wire

NOVEMBER 28, 2023

CubiCasa , a Finland-based proptech company, partnered with OneKey MLS – a major mortgage licensing system (MLS) serving the New York Metropolitan area – to provide user-friendly floor plan creation tools. Other notable MLSs in the program include Bright MLS , the Houston Association of Realtors and Georgia MLS.

MLS 435

MLS Technology Mortgages Industrial 435

Housing Wire

JANUARY 10, 2025

While higher prices have weighed on consumers minds, the fact that wages continue to rise faster than inflation suggests that many individuals and familiesincluding prospective homebuyersare still feeling relatively confident about their financial situations, Lisa Sturtevant, the chief economist at Bright MLS , said in a statement.

Residential 396

Residential Construction MLS Mortgages 396

Housing Wire

NOVEMBER 1, 2024

The Tech Trendsetters are made up of the top product and technology leaders who have been essential in bringing innovative tech solutions to market for mortgage and real estate clients.

Technology 435

Technology Title MLS Development 435

Housing Wire

JANUARY 22, 2025

Georgia MLS the Peach State’s largest real estate marketplace announced on Wednesday that it will partner with 12 local MLSs to enhance data access for all parties under one listing platform. ” Georgia MLS has made other technology -enabled efforts to enhance data availability for agents. .”

MLS 385

MLS Residential Agents Technology 385

Housing Wire

NOVEMBER 27, 2024

Despite the recent rise in mortgage rates, early indicators suggest that the housing market is pointed in the right direction. Higher mortgage rates mean that some buyers might decide to wait until 2025.” That decline is due in part to the recent hurricanes and rising mortgage rates. The PHSI is benchmarked at 100 in 2001.

Sales 370

Sales Marketing MLS Lending 370

Housing Wire

OCTOBER 27, 2023

In reality, consumers are better off and business competition thrives very much because of NAR’s rules and how well local Multiple Listing Service (MLS) broker marketplaces function. These local MLS broker marketplaces work in favor of consumers every day. They coordinate with lenders and research mortgage rates and terms.

MLS 488

MLS Brokerage Agents Closing costs 488

Housing Wire

DECEMBER 21, 2023

Mortgage rates stayed below 7% for the second week in a row, a welcome relief after a 17-week streak of above-7% rates. The 30-year, fixed mortgage rate averaged 6.67% for the week ending Dec. 21, according to Freddie Mac ‘s Primary Mortgage Market Survey. This week’s dip is the largest weekly drop since November 2022.

Mortgages 511

Mortgages Fixed-rate mortgage MLS New Construction 511

Housing Wire

NOVEMBER 4, 2024

It explicitly allows for such offers to be made off-MLS, however. If sellers cannot notify buyers about offers off-MLS, many buyers will not have the information they need to determine whether a home purchase is financially feasible. Rolling the fees into the mortgage” leaves the buyer with a higher interest rate.

Debt-to-income ratio 321

Debt-to-income ratio Agents VA loan MLS 321

Housing Wire

NOVEMBER 4, 2024

But the New Hampshire Association of Realtors and Prime MLS had already introduced the changes, including mandatory buyer representation agreements and no offers of cooperative compensation on the MLS, about three weeks prior. But in another stroke of luck, I have a cousin who is a loan officer at Guild Mortgage.

Purchase and sale agreement 435

Purchase and sale agreement Inspection contingency Inspection Title 435

Housing Wire

NOVEMBER 30, 2023

Mortgage rates headed lower this week as the 10-year Treasury yield dropped below 4.3% The 30-year, fixed mortgage rate averaged 7.22% for the week ending Nov. 30, according to Freddie Mac ‘s Primary Mortgage Market Survey. Bright MLS ’ 2024 forecast indicates that mortgage rates will fall to 6.5% on Thursday.

Mortgages 518

Mortgages MLS Investor Development 518

Housing Wire

JANUARY 24, 2025

million home sales annually, said Bright MLS Chief Economist Lisa Sturtevant in a statement. Current homeowners who are locked into low mortgage rates and are staying in their homes longer are keeping the supply of existing homes low. Over the past decade, the U.S. has averaged about 5.2

Sales 359

Sales New Construction MLS Construction 359

Housing Wire

NOVEMBER 9, 2023

As 10-year Treasury yields tumbled, the average 30-year fixed mortgage fell 26 basis points in the week ending Nov. The 30-year, fixed mortgage averaged 7.5% 9, according to Freddie Mac ‘s Primary Mortgage Market Survey. 9, the largest one-week decrease since last November. as of Nov. for the week ending Nov.

Mortgages 488

Mortgages MLS Loans Investor 488

Housing Wire

NOVEMBER 2, 2023

Mortgage rates stabilized this week as the Federal Reserve decided to keep its rates unchanged Wednesday. However, mortgage rates still remain at a 23-year high. The 30-year fixed-rate mortgage averaged 7.76% as of Nov. 2, according to Freddie Mac ‘s Primary Mortgage Market Survey. On Wednesday, the U.S.

Fixed-rate mortgage 493

Fixed-rate mortgage Mortgages MLS Investor 493

Housing Wire

OCTOBER 5, 2023

Mortgage rates kept climbing this week as spreads on the 10-year Treasury yield widened, reaching a 16-year high. Freddie Mac ‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.49% as of Oct.

Fixed-rate mortgage 476

Fixed-rate mortgage Mortgages MLS Loans 476

Housing Wire

NOVEMBER 1, 2024

This is the lowest monthly jobs number since employment fell in December 2020,” Lisa Sturtevant, chief economist at Bright MLS , said in a statement. Mike Fratantoni, chief economist for the Mortgage Bankers Association , noted that while mass layoffs have not occurred, the pace of hiring has slowed in recent months.

Construction 370

Construction Residential MLS Mortgages 370

Housing Wire

DECEMBER 14, 2023

The holidays have come early for the mortgage industry. Mortgage rates fell below the 7% threshold this week as markets prepared for Federal Reserve Chairman Jerome Powell’s announcement on Wednesday. The 30-year, fixed mortgage rate averaged 6.95% for the week ending Dec. on Thursday.

Mortgages 501

Mortgages Fixed-rate mortgage Loan Officer MLS 501

Housing Wire

AUGUST 2, 2024

“Construction employment showed a small gain, as builders continue to work to add to housing supply given the ongoing shortage,” Mike Fratantoni, the Mortgage Bankers Association’s chief economist, said in a statement. The real estate sector added 4,100 jobs, up from just a 500-job gain in June.

Mortgages 493

Mortgages Marketing Construction Residential 493

Housing Wire

JANUARY 17, 2025

Builders are feeling cautiously optimistic as they start 2025, buoyed by an ongoing shortage of inventory of existing homesmany of which are locked up by homeowners reluctant to sell due to elevated mortgage rates. Although housing completions were up for the full-year 2024, they were down in December, dropping 4.8% from November and 0.8%

Construction 397

Construction New Construction MLS As-is 397

Housing Wire

JANUARY 25, 2024

Mortgage rates stabilized in the past week but remain close to the narrow range observed since the start of this month. The 30-year fixed-rate mortgage averaged 6.69% as of Jan. 25, an increase from last week’s figure of 6.60%, according to Freddie Mac ’s Primary Mortgage Market Survey released on Thursday.

Mortgages 448

Mortgages Fixed-rate mortgage MLS Banks 448

Housing Wire

JANUARY 15, 2025

A survey by Bright MLS found that most prospective buyers want homes to be “move-in ready” before a purchase, although that study had a smaller sample size of respondents compared to This Old House’s study. Despite this willingness to renovate in 2025, others aren’t eager to take on improvement projects.

Renovation 417

Renovation MLS Finance Closing 417

Housing Wire

NOVEMBER 16, 2023

Mortgage rates fell this week as the October inflation report drove down the yield on the 10-year Treasury. The 30-year, fixed mortgage averaged at 7.44% as of Nov. 16, according to Freddie Mac ‘s Primary Mortgage Market Survey. The 30-year, fixed mortgage averaged at 7.44% as of Nov.

Mortgages 482

Mortgages Fixed-rate mortgage MLS Investor 482

Housing Wire

FEBRUARY 1, 2024

Mortgage rates continued their downward plunge this week as inflation keeps decelerating. The 30-year fixed-rate mortgage averaged 6.63% as of Feb. 1, a decrease from last week’s figure of 6.69%, according to Freddie Mac ’s Primary Mortgage Market Survey released on Thursday. Is the housing market normalizing?

Mortgages 488

Mortgages Fixed-rate mortgage MLS Staging 488

Housing Wire

SEPTEMBER 3, 2024

With the calendar shifting to September and the next meeting of Federal Reserve policymakers only two weeks out, mortgage rates continue to recede and evidence suggests that borrowers are reacting to more favorable housing market conditions. Lower rates have recently sparked more activity in the mortgage market. year over year.

Mortgages 501

Mortgages Loans MLS Lending 501

Housing Wire

FEBRUARY 15, 2024

Mortgage rates climbed 13 basis points this week on the back of Tuesday’s strong inflation reading. The 30-year fixed-rate mortgage averaged 6.77% as of Feb. 15, an increase from last week ’s figure of 6.64%, according to Freddie Mac ’s Primary Mortgage Market Survey released on Thursday.

Mortgages 468

Mortgages Fixed-rate mortgage MLS Loans 468

Housing Wire

SEPTEMBER 7, 2023

A slight cooling in mortgage rates wasn’t enough to keep mortgage applications from sinking to a 28-year low. Freddie Mac‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.12% as of Sept. 7, down from last week ’s 7.18%.

Mortgages 476

Mortgages Fixed-rate mortgage Marketing MLS 476

Housing Wire

JANUARY 11, 2024

Mortgage rates ticked up this week as the 10-year Treasury yield made its way back above 4%. The 30-year fixed-rate mortgage averaged 6.66% as of Jan. 11, a slight increase from last week’s 6.62%, according to Freddie Mac ‘s Primary Mortgage Market Survey released on Thursday.

Fixed-rate mortgage 459

Fixed-rate mortgage Mortgages Closing costs MLS 459

Housing Wire

MARCH 15, 2024

Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule. Assisting homebuyers and their agents adds more to an LO’s plate.

Industrial 514

Industrial Seller concession Purchase and sale agreement Agents 514

Housing Wire

OCTOBER 11, 2022

Mortgage Coach , a mortgage platform that enables lenders to educate borrowers with home loan presentations, announced that its platform will be integrated with Insellerate, a customer relationship management (CRM) platform. The post Mortgage Coach integrates with Insellerate appeared first on HousingWire.

Mortgages 418

Mortgages Loan Officer Loans MLS 418

Housing Wire

MARCH 10, 2025

Our collaboration with HomeVision underscores the transformative power of AI in the mortgage industry, Pistilli said. This past November, MLS Property Information Network announced a partnership with Restb.ai to bring advanced AI features to its web-based Pinergy MLS system.

MLS 222

MLS Technology Industrial Loans 222

Housing Wire

NOVEMBER 23, 2022

Recent declines in mortgage rates, which are due to a slowdown in inflation growth, have been enough to convince some borrowers to apply for new home loans, according to recent data on mortgage applications. . Mortgage rates differed slightly on other platforms, and were 6.65% for conforming loans at Mortgage News Daily on Tuesday. .

Mortgages 488

Mortgages Fixed-rate mortgage MLS Loans 488