Market Trends

Atlas Van Lines, a national residential moving company, has released their year-end annual report using internal data to determine larger migrations patterns.

While more than 40% of all U.S. mortgages were obtained in 2020 or 2021 when rates were at their lowest, younger generations are currently bearing the unfortunate brunt of high mortgage rates, preventing many from buying and attaining the dream of homeownership.

“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.

Outpacing millennials, Gen Zers are now driving renter households, according to a new analysis from the Joint Center for Housing Studies. As Gen Z rental demand heightens and older generations exit the rental market, experts predict the number of renter households Gen Z adds in the next 15 years will be an important pillar of housing demand.

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.

While saving for a down payment continues to be one of the most challenging barriers to homeownership for many, Freddie Mac’s latest multipronged action removes industry-wide barriers to down payment assistance (DPA) programs, helping provide mortgage loans and financial assistance to lower-income homebuyers across the nation.

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.