November 2022 - Page 2 of 2

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Home prices plateau as high mortgage rates chill market

Mortgage Ledger Staff2022-11-17T15:29:50-05:00

A new, slower equilibrium may be settling in after years of imbalance

High mortgage rates stifled sales, now down 24% year over year and 17% from October 2019
Rates are also stymieing sellers. New listings dropped by more than 12%

Home prices plateau as high mortgage rates chill marketMortgage Ledger Staff2022-11-17T15:29:50-05:00

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The New Shining Star

Mortgage Ledger Staff2022-11-21T16:21:46-05:00

We used to be glued to the jobs report. Every month the analysts made predictions and then analyzed where they got things wrong. Then there is the quarterly growth data (GDP). Together

The New Shining StarMortgage Ledger Staff2022-11-21T16:21:46-05:00

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Black Knight Originations Market Monitor: Credit Scores Fall, Increased Demand for ARMs, Affordability Challenges Continue as Interest Rates Top 7% in October

Mortgage Ledger Staff2022-11-14T13:41:42-05:00

– Optimal Blue Mortgage Market Indices from Black Knight tracked 30-year rates as they rose 34 basis points (BPS) overall throughout the month to finish October at 7.06%, the highest level in more than 20 years

– The impact

Black Knight Originations Market Monitor: Credit Scores Fall, Increased Demand for ARMs, Affordability Challenges Continue as Interest Rates Top 7% in OctoberMortgage Ledger Staff2022-11-14T13:41:42-05:00

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Zillow-powered technology has helped Housing Connector find homes for 3,700 people experiencing homelessness

Mortgage Ledger Staff2022-11-14T13:39:39-05:00

Launched in 2019 with Zillow, Housing Connector takes a business-to-business approach to leverage existing housing in the private market to address homelessness
Currently operates in Seattle and Denver, will announce expansion to third market in 2023

Zillow-powered technology has helped Housing Connector find homes for 3,700 people experiencing homelessnessMortgage Ledger Staff2022-11-14T13:39:39-05:00