Mortgage rates look primed to go to new generational lows. But if the housing-market recovery is fading, will another drop in loan rates be enough to rekindle demand? Or are we simply running low on interested buyers — or at least, potential buyers who’d be able to qualify for a loan in this new era of tighter credit?
Unhappy couple: Falling mortgage rates and fading housing demand
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While many homebuilders, such as D.R. Horton and Tri Pointe Homes, significantly reduced the number of new home starts over the last quarter amid sluggish homebuyer demand, Smith Douglas Homes Corp. is taking a different approach, akin to that of Lennar. Pace over price. The builder’s strategy reflects a commitment to affordability and serving the […]
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HousingWire on Tuesday announced the launch of the HousingWire Mortgage Rankings, a new performance intelligence product designed to provide a clear, data-driven view of mortgage origination activity across the U.S. The rankings benchmark mortgage originators based on observed production, offering a standardized view of performance across geographies, loan types and channels. Historically, the mortgage industry has lacked […]