I was amazed that the last Housing Market Tracker didn’t show much drama from the epic late-January snowstorm that impacted much of the U.S., but today’s tracker data got hit for sure. However, the housing market will be back in full force again soon. Last week, inventory declined, new listings data was negative year over […]
Housing inventory and new listings show impact of winter weather Read More »
While many of the latest conversations around the U.S. real estate market have focused on affordability and interest rates, one segment continues to move forward: foreign investors. While domestic buyers remain more cautious, investors from abroad are driving much of the transaction volume in many U.S. markets. One reason is that foreign buyers view risk,
Foreign investors keep U.S. real estate moving Read More »
Mortgage rates rose again in the first full week following the Federal Open Market Committee’s decision not to reduce rates during its January meeting. Processing Content Following the meeting, Pres. Trump nominated Kevin Warsh, a former Fed governor, to replace Jerome Powell as chairman. Warsh is seen by the markets as someone who is more
Mortgage rates nudge higher as markets stay jittery Read More »
If you’re planning to buy a home this year, you may be focused on the spring market. And hoping that when spring does hit, you’ll see: Mortgage rates drop a little more. More homes hit the market. But here’s what most buyers don’t realize. Buying just a few weeks earlier could mean paying less, dealing
Top 3 Reasons To Buy a Home Before Spring Read More »
As Two Harbors Investment moves toward its sale to UWM Holdings, the mortgage REIT posted another quarterly GAAP loss and fell short of Wall Street’s earnings expectations, even as results improved sharply from a settlement-driven stumble earlier in the year. Processing Content The net loss of $1.3 million was much improved from the third
Two Harbors misses estimates as UWM deal nears Read More »
The January jobs report published by the U.S. Bureau of Labor Statistics (BLS) will not be released as scheduled on Friday due to the partial federal government shutdown that began Saturday. The report will be issued once funding resumes. The shutdown was triggered after Congress failed to pass funding bills that include money for the
BLS jobs report for January delayed by partial government shutdown Read More »
With an epic snowstorm hitting large areas of the U.S. recently, I expected housing data to take a hit after the solid start we had already seen in 2026, but it remained mostly positive, which surprised me. The big key to that, of course, is that mortgage rates, even with all the crazy headlines recently,
Housing demand is still positive even with epic snowstorm Read More »
Waterstone Mortgage accomplished a third consecutive quarter of pretax and net profitability, with year-over-year improvements in production and gain on sale. Processing Content Fourth quarter pretax income of $900,000 and net income of $656,000 for the mortgage banking segment of Waterstone Financial compared with $1.3 million and $948,000 in the third quarter, plus approximately $2
Waterstone Mortgage has third consecutive quarterly profit Read More »
President Donald Trump announced on Thursday evening that he will name his choice for the next Federal Reserve chair on Friday morning. At publication time, prediction sites Polymarket and Kalshi had Kevin Warsh as the frontrunner, putting his odds of being chosen at more than 85%, which sent the 10-year yield higher. CNBC reported that
Trump to announce new Fed chair Friday, sending the 10-year yield higher Read More »
PennyMac Financial Services fourth quarter earnings were affected by the lower interest rate environment in the quarter, coming in higher year-over-year but reduced versus the linked quarter. Processing Content PFSI reported $106.8 million in net income for the quarter and $501.1 million for the year. A year earlier, the company had earned $104.49 million for
PennyMac Q4 earnings miss as margins, servicing slip Read More »