The Mortgage Bankers Association’s latest forecast for 2025 expects volume to be slightly lower than previously thought, with a 14% increase in the number of units produced. Mike Fratantoni, the group’s chief economist speaking at its Secondary & Capital Markets Conference in New York on Monday, recounted discussions he had in recent days with people […]
Lenders feel better, not exuberant, about housing market Read More »
Non-QM (Non-Qualified Mortgage) lending has become essential to today’s mortgage landscape, providing solutions for creditworthy borrowers who fall outside traditional lending criteria. Gregory Tsang is the Chief Executive Officer and co-founder of eRESI, a Non-QM correspondent whole loan investor offering both Delegated and Non-Delegated options. Co-founded in 2019 alongside President Tim Wang, eRESI was created
Lending beyond limits: eRESI’s perspective on the future of Non-QM loans Read More »
To add to the list of dramatic events in 2025, Moody’s downgraded U.S. credit by one notch on Friday — from Aaa to Aa1 — raising concerns about mortgage rates. Moody’s pointed to increasing debt and interest payment ratios notably higher than those of comparable sovereign nations. This downgrade has sparked a range of reactions
How will Moody’s downgrade of US debt affect mortgage rates? Read More »
Investors face yet another bumpy start to the trading week, although it’s mounting concern over US debt rather than tariffs likely generating the volatility this time. Financial markets reopen in Asia on Monday after Moody’s Ratings announced Friday evening it was stripping the US government of its top credit rating, dropping the country to Aa1
Investors await another Monday jolt after Moody’s downgrades US Read More »
One of the lesser known storylines in housing economics is that the improvement in mortgage spreads since 2023 has contributed to a noticeable trend in purchase application data for 2025, which is now showing 15 consecutive weeks of positive year-over-year growth. Mortgage spreads recently turned negative due to market volatility, which resulted in an increase
Better mortgage spreads boost housing demand in 2025 Read More »
AGENTS: Did you know you can share a personalized version of this post? Learn more! For Buyers, Infographics, Mortgage Rates, Buying Tips, Forecasts Some Highlights Are you wondering what to expect if you buy or sell a home in the second half of the year? Here’s what the expert forecasts tell you. Mortgage rates are
Housing Market Forecasts for the Second Half of 2025 Read More »
In an era of high mortgage rates and stagnant home sales, a real estate transaction model is making waves by reintroducing and standardizing a once-popular financing method. Ryan Leahy, the founder of MORE Seller Financing, said his company has created the first nationwide platform to bring consistency, compliance and clarity to seller financing — a
MORE Seller Financing wants to debunk ‘the bad rap for wraps’ Read More »
While the 30-year fixed rate mortgage remained under 7% for the 17th consecutive week according to Freddie Mac’s calculations, it increased 5 basis points as the bond markets remain volatile over the U.S. economy. This and other measurements moved in the same direction with the yield on the 10-year Treasury, which rose 25 basis points
Inflation news helps to push mortgage rates higher Read More »
If you have a 3% mortgage rate, you’re probably pretty hesitant to let that go. And even if you’ve toyed with the idea of moving, this nagging thought may be holding you back: “why would I give that up?” But when you ask that question, you may be putting your needs on the back burner
Why Would I Move with a 3% Mortgage Rate? Read More »
The average home in more than half of the nation’s metro areas was overvalued by more than 10% during the fourth quarter of 2024, the latest Sustainable Home Price Trends report from Fitch Ratings declared. Nationwide, prices were 11% above where they should be, a reduction from 11.1% in the third quarter. But 85% of
Even as prices moderate, many US homes remain overvalued Read More »