HousingWire’s mortgage news coverage spans the market and includes the coverage you need, from what your competition is doing to how they’re performing and what their future plans may be to the expert and analyst forecasts for how this unusual housing market will pan out in 2023 and beyond.
HousingWire’s mortgage news coverage offers the stories you need, whether you’re looking for insight into how the competition is performing, want an expert analysis of mortgage forecasts, or want to learn what other companies may be planning. So far, 2023 has been a roller coaster for the housing market, with twists and turns at every juncture. The state of the housing market is unlike anything we’ve seen in recent years, and keeping a pulse on what’s happening within the mortgage industry is more crucial than ever for setting your business apart.But wherever the new year takes the mortgage industry, one thing is clear: HousingWire will keep you informed with the stories you need the most. Our comprehensive mortgage coverage can help you stay on top of what’s happening in the current market, from mortgage trends to forecasts and the news that matters most to you. To get the latest in leading news delivered to your inbox on a daily basis, sign up here.
The latest mortgage news
February 2023 — The mortgage industry has been at the mercy of rapidly shifting mortgage rates over the last month. While inflation has slowed recently with the Fed’s upticks in the federal funds rate, positive economic factors — like a better-than-expected jobs report — have caused rates to climb close to 7% — putting even more of a damper on the mortgage market. Record-low rates of inventory are also causing mortgage loan applications to slow to a trickle in many markets, further impacting the mortgage landscape.
According to Realtor.com analyst Jiayi Xu, this is “nobody’s market” — as it’s not friendly to buyers or sellers — and if rates stay high, that trend is likely to continue, according to numerous analysts. As housing market analyst Logan Mohtashami recently told HousingWire, “As we saw after June of last year, when mortgage rates got above 6%, new listing data started to decline year over year and is still falling year over year.” That and other factors will almost certainly have a big impact on the mortgage market for the foreseeable future, and HousingWire will be there to cover it.
Santander to begin laying off mortgage employees HW+Feb 07, 2022
Layoffs are set to begin at Santander Bank after the Madrid-headquartered lender announced that it would soon stop mortgage lending in the United States.
The fate of HUD HW+Feb 07, 2022
UWM sues broker shop for sending loans to Rocket, Fairway HW+Feb 04, 2022
Positive jobs report sends bond yields higher HW+Feb 04, 2022
Pennymac Financial Services’ profit sinks 31% in Q4 HW+Feb 03, 2022
Freddie Mac opens 2022 with two large CRT offerings HW+Feb 03, 2022
Santander Bank to stop originating mortgages in the United States HW+Feb 03, 2022
Here are 4 macro trends impacting the 2022 housing market HW+Feb 03, 2022