Mortgage Industry Updates
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Unpacking the Dynamics of U.S. Housing Supply: Trends and Future Outlook
Trends in U.S. Housing Supply over the past decade Over the past decade, the trends in U.S. housing supply have shown a steady increase in residential construction, particularly in urban areas. However, the pace of new housing construction has not kept up with the growing demand, leading to a housing shortage in many major cities.…
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Housing Market Predictions for 2024
Where is the market headed as we approach 2024? Well, we finally have some good news for you all. Mortgage rates are actually starting to come down and are now in the mid-7 range. Since mid-October, we have been seeing some promising moves. Consumer Price Index The CPI is showing that inflation is coming down.…
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Moving the Goal Post: The Fed Said “Wait and See”
Read or listen to our 6/12/23-6/16/23 market update for the latest information on the mortgage industry,