While some would-be U.S. homebuyers are feeling squeamish about high interest rates and broader economic uncertainty, foreign buyers are increasingly eager to get a slice of the country’s housing market. Foreign buyers bought more than 78,000 homes between April 2024 and March 2025, according to a study from the National Association of Realtors, a 44% […]
Foreign buyers snapping up U.S. homes again Read More »
For the rest of 2025, it’s an open question if the non-agency mortgage-backed securities market maintains its strong performance from the first six months, given the backdrop of tariffs, economic uncertainty and housing affordability, said Morningstar DBRS. Issuances in the first six months of 2025 topped volume for the same period in 2024 and credit
Non-QM drives RMBS H125 gains amid uncertain outlook Read More »
In June, home price growth cooled to its slowest pace in two years, with over a quarter of top U.S. markets posting annual price depreciation, according to the latest data from Intercontinental Exchange. The rate of annual growth decelerated to 1.3% across the country in June, falling from 1.6% a month earlier, ICE’s mortgage technology
Caution signs appear as home price depreciation spreads Read More »
Despite speculation following the Federal Open Market Committee’s June meeting that a rate cut could come as early as this month, most economists still expect the central bank to hold off until September or later. Only one respondent in Wolters Kluwer’s Blue Chip Economic Indicators survey, conducted July 7 and 8, after the stronger-than-expected June
No Fed cut in July, nearly all economists surveyed say Read More »
Home prices continued to rise in June even as softer demand dampened sales and kept homes on the market for longer. The median home sales price hit $399,633 for the four weeks ending July 6, according to Redfin, setting a new record. The prices are up 1% from the same time last year. But signs
Home prices hit new high as pending sales slip Read More »
A sweeping new law, branded as a pillar of President Trump’s second-term agenda, carries significant implications for the housing market, from affordable housing to investor tax breaks. Within the colossal 870-page package are a number of changes that have won applause from many in the housing industry. “These provisions form the backbone of the real
What the new tax law means for lenders, borrowers Read More »
Consumer homebuying sentiment slumped in June, with mounting fears over job cuts and tariff fallout darkening the housing outlook, according to Fannie Mae’s latest data. Fannie Mae’s Home Purchase Sentiment Index fell to a reading of 69.8 in June, falling 5% after it recovered to a score of 73.5 a month earlier. The latest index
Tariffs, jobs, rates: What’s sinking buyer mood most? Read More »
Americans are largely keeping up with their mortgage payments, but new data shows that cracks are forming beneath the surface, which should raise red flags for borrowers and lenders alike. The nationwide delinquency rate stood at 3.2% in May, according to ICE’s July mortgage monitor report, two basis points down from April but 5.2% higher
FHA borrowers face mounting mortgage pressure Read More »
Economic uncertainty and tariff negotiations have left home builders that lenders increasingly partner with feeling blue. Builder confidence in June sank to a low akin to the onset of the coronavirus pandemic, according to the sector’s latest monthly index. The homebuilding industry is dealing with the high mortgage rates suppressing stronger housing demand, and unique
NAHB’s top economist weighs tariffs, immigration, economics Read More »
State and local governments saw property tax revenue grow in the first quarter, but the latest increase reflected a slowdown from the reported pace a year earlier. The amount of property tax collected between January and March came in at $203.4 billion to start the year. The total surged 5.2% on an annual basis from
Property tax revenue comes in at over $203B in first quarter Read More »