High home prices are expected to drive a record $1.72 trillion in purchase mortgage originations in 2022, even though rising mortgage rates could put a dent in sales of existing homes, according to the Mortgage Bankers Association.
Source: Inman News
Rising home prices expected to drive record purchase loan volume
More from economyMore posts in economy »
- Homebuying off to strongest November start since 2022
- Is the housing market in the midst of a recession? Treasury Secretary Scott Bessent thinks so
- Mortgage rates spike as Powell warns December rate cut is iffy
- Lower mortgage rates spur homebuyers, but mostly refis
- What should real estate agents do if the US plunges into a recession?
More from home salesMore posts in home sales »
- NAR economist predicts post-shutdown real estate ‘boom’
- The inventory surge is sputtering. See how your market stacks up
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- Lower mortgage rates spur homebuyers, but mostly refis
- Pending home sales remain stuck in the mud in September
More from interest ratesMore posts in interest rates »
- Fallout over Fed policymakers’ investments reshaping the board
- What’s driving multifamily’s market resurgence?
- Brandi Marshall on ‘Selling the OC’ stardom, feuds and a brutal real estate market
- ‘Real estate is the sacrificial lamb of high interest rates’: Jason Oppenheim rants on the Fed
- Housing recession? K-shaped trends? The dollars and ‘sense’ of today’s economy
More from Markets & EconomyMore posts in Markets & Economy »
- 53% of US homes lost value from 2024 — but it’s not a crash
- 8 reasons you should never recommend a 50-year mortgage
- Boomers may experience these brutal surprises when they move
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- How to help senior real estate clients right-size with confidence
More from MortgageMore posts in Mortgage »
- Fallout over Fed policymakers’ investments reshaping the board
- 8 reasons you should never recommend a 50-year mortgage
- Boomers may experience these brutal surprises when they move
- Are 50-year mortgages an affordability fix or a time bomb?
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
More from mortgage bankers associationMore posts in mortgage bankers association »
More from mortgage ratesMore posts in mortgage rates »
- Fallout over Fed policymakers’ investments reshaping the board
- NAR economist predicts post-shutdown real estate ‘boom’
- Homebuying off to strongest November start since 2022
- Veterans have been ‘priced out,’ left behind by the housing market
- Housing recession? K-shaped trends? The dollars and ‘sense’ of today’s economy
More from refinancingMore posts in refinancing »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- AI helps UWM seize the day, make the most loans in 4 years in Q3
- AI key to growing Rocket, Redfin and Mr. Cooper under one roof
- Lower mortgage rates spur homebuyers, but mostly refis
- Pending home sales remain stuck in the mud in September
More from SelectMore posts in Select »
- Kevin Brown shares his plans as NAR’s new president (EXCLUSIVE)
- How to turn up the volume and amplify your brand with podcasting
- Fallout over Fed policymakers’ investments reshaping the board
- Realtors reject proposal to require disclosure of more referral fees
- Paraspot AI sees the future of property inspection: Tech Review
Be First to Comment