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Sofia Rossato of Floify discusses what lies ahead for the industry in 2024, as the evolution of technology continues to assist both lenders and borrowers alike on the path to homeownership.

Brett Brumley of Lender Toolkit discusses the challenges that lie ahead in the industry, and how advancements in artificial intelligence and machine learning will smooth the road ahead.

A combination of “inflation, high prices, soaring mortgage rates, and low housing supply caused 2023 to go down as the least affordable year for housing in recent history,” said Redfin Senior Economist Elijah de la Campa.

The House Financial Services Committee recently gathered a panel of housing experts to analyze affordability challenges in the housing marketplace, with a focus on governmental barriers such as zoning policies that have exacerbated these issues.

“Despite the risk of volatility in the housing market, homeownership remains an important driver of wealth accumulation and the largest source of total wealth among most households,” said Ksenia Potapov, an Economist at First American Financial.

New data proves the financial and time burden of home maintenance has been amplified by economic uncertainty and the reliability of home service providers.

Redfin’s new forecast examines whether next year's market will favor buyers, whether renting will lose any of its appeal, and how location will factor in due to issues such as in-office policies, climate risk, and affordability.

Mortgage trainer Ron Vaimberg shares his insight with MortgagePoint in this exclusive interview, highlighting education and amassing industry knowledge as the keys to unlocking success in the year ahead.

Bringing more than 15 years of industry experience to the role, Adam O'Daniel will spearhead Guild Mortgage’s marketing and communications initiatives and expand brand presence nationally while fostering a culture of creativity and collaboration.

“Despite the resurgence in tappable equity among U.S. mortgage holders, elevated interest rates are making homeowners reluctant to extract that wealth,” said Andy Walden ICE’s VP of Enterprise Research.