With a lack of supplies, a spike in the cost of raw materials, and affordability concerns tugging at the housing market, Ward Morrison, President of Motto Mortgage, recently spoke with MReport to address the impact of supply chain issues on the marketplace.
Read More »When the Shelves Run Bare
MReport takes a closer look at the ripple effects caused by supply chain issues on the housing market, and when we can target a return to the days of a normal supply of housing inventory.
Read More »Refis Drop to Just 50% of Overall App Volume
A rise in rates is putting the brakes on the refi market, as overall app volume continues its downward turn.
Read More »Mortgage Rates Inch Closer to 4% Mark
Mortgage rates have soared to levels last seen prior to the pandemic, as high inflation and strong consumer spending contributed to this upward rate drive.
Read More »Is the Home Buying Well Running Dry?
A new Redfin report has found that the nation’s supply of homes has dipped to a new low, as sales prices climb to all-time high of $360,500.
Read More »Prices Rise as the Nation’s Housing Supply Tightens
According to a new report from Redfin, the seasonally-adjusted number of homes for sale fell 18% year-over-year in November to an all-time low. This lack of the nation's ...
Read More »Home Sales Growth Projected to Surpass 7% in 2021
Fannie Mae forecasts an end-of-year surge to drive home sales upward, followed by supply challenges to begin the New Year.
Read More »Housing Markets Show ‘Moderate’ Improvement in Most Fed Districts
Rising home sales in seven of the Fed’s 12 districts—Boston, New York, Philadelphia, Cleveland, Richmond, Chicago, and Kansas City—were largely responsible for the Fed’s reports of moderate growth in housing markets.
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