Reports from ATTOM and MBA highlight steepest drop since 2007, with 99% of counties surpassing historical averages in home and condo pricing.
Q4 2023 American Bankers Association Index indicates a cautious economic outlook for both consumers and businesses.
Increased fees, soaring monthly payments, and growing approval disparities unsettle the housing market; CFPB eyes regulatory tweaks.
Kind Lending’s Secret Weapon
With mortgage rates hitting a 20-year peak, a 1.3% dip in applications reflects the strain on homebuyers and limited motivation for refinancing.
Builders offer increased incentives to attract buyers; First-time homeowners gravitate toward new builds as inventory constraints persist.
Chicago, Cleveland, and New York drive robust growth; S&P CoreLogic Case-Shiller Indices and the FHFA report a consistent positive trajectory despite regional disparities.
Roadblocks are many but payoff is worth it
Nearing $52 trillion, the U.S. housing market has rebounded since 2022 downturn.
Federal banking regulators propose changes that could squeeze IMBs and push larger banks out of the mortgage market.
