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Nov 5, 2024 · The MortgagePoint Advantage. Our vision stretches beyond the horizon of today’s market trends. We aim to set the standard for the future, envisioning MortgagePoint as the indispensable hub for mortgage professionals nationwide. We see a future where every decision in the industry is informed, every professional is connected, and every ...
Experts Forecast Home Sale Growth for 2025 - The MortgagePoint
16 hours ago · Overall, according to Yun, new home sales will increase by 11% in 2025 and 8% in 2026. In 2025 and 2026, he predicts an estimated 2% increase in the median home price. To read the full report, including more data and methodology, click here. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), revealed his forecast for ...
Housing Supply vs. Aging in Place - The MortgagePoint
5 days ago · The increase in ownership rate combined with a higher base of 65-70-year-olds in 2022 means that there were almost 2 million more homeowners 70 and younger in 2022 than in 2015. Moreover, there will be seven million more homeowners ages 65-85. It is projected that there will be more than eight million homes supplied by older Americans as they ...
Welcome - The MortgagePoint
Welcome to MortgagePoint! In our continuous effort to provide comprehensive and timely information, we've combined the strengths of DS News and MReport into one unified platform - MortgagePoint. This new platform offers a 360-degree view of the mortgage industry, including insights on loan origination, default servicing, and more.You will …
Opportunity Zone Housing Markets Keeping Pace With …
3 days ago · In this analysis, ATTOM examined 3,857 U.S. zones that had at least five home sales in the third quarter of 2024 and had enough data to analyze. According to the analysis, in 53% of Opportunity Zones nationwide with sufficient data to measure, median prices for single-family homes and condos rose between the second and third quarters of 2024.
Consumers Feeling Better About Housing Market Despite High …
4 days ago · The Fannie Mae (FNMA/OTCQB) Home Purchase Sentiment Index (HPSI) increased 0.7 points in October to 74.6, pushing the measure of consumer confidence to its highest level since February 2022 and significantly higher than the all-time low recorded two years ago. In October, the share of consumers who think it’s a good time to buy a home ...
Share of Buyers Securing ‘Below-Market’ Rates Ticks Up
5 days ago · Although average mortgage rates are much higher, 45% of buyers who have purchased a home in the past year report having a rate below 5%. Mortgage rates rose from 2.65% in 2021 to 7.79% in fall 2023, impacting home shoppers’ buying power. The typical monthly mortgage payment has more than doubled since before the pandemic.
Mortgage Payments Slip in September - The MortgagePoint
Oct 31, 2024 · In September, the national PAPI dropped from 159.2 in August by 0.8% to 157.9. The PAPI is down 9.1% annually due to the low wage increase, with median earnings up 4.2% from a year earlier and payments down 5.3%. The September national mortgage payment dropped from $1,388 in August to $1,369 for borrowers seeking for lower-payment mortgages ...
The State of the Rate
Aug 27, 2024 · In a new analysis by Redfin, 85.7% of U.S. homeowners with mortgages have an interest rate below 6%, down from 90.6% at the start of last year, and a record high of 92.8% in mid-2022.This means even more than 85.7% of homeowners with mortgages have a rate below the current weekly average of 6.46%, prompting many to stay put instead of selling and buying another home at a higher rate—a ...
Homebuyer Affordability Continues to Improve - The MortgagePoint
Sep 30, 2024 · Homebuyer affordability increased for White households, with the national PAPI decreasing from 168.8 in July to 162.3 in August. “Homebuyer affordability conditions improved for the fourth consecutive month, with lower mortgage rates, rising incomes, and slower home-price growth giving prospective buyers’ budgets a much-needed boost ...