The latest economic and policy trends facing mortgage servicers

Join this webinar for an in-depth roundtable discussion on economic and policy trends impacting servicers as well as a look ahead at strategies servicers should employ in the next year.

2021 RealTrends Brokerage Compensation Report

For the study, RealTrends surveyed all the firms on the 2021 RealTrends 500 and Nation’s Best rankings, asking for annual compensation data for the 2020 calendar year.

Steve Murray on the importance of protecting property rights

In this episode, Steve Murray, RealTrends advisor and industry stalwart, discusses some of the issues facing private property rights, including how a case in Germany could potentially affect U.S. legislation.

Lenders, it’s time to consider offering non-QM products

The non-QM market is making a comeback following a pause in 2020. As lenders rush to implement, Angel Oak is helping them adopt these new lending products.

MortgageReal Estate

FHFA: Home prices keep moving up

Best year-on-year rate in years

U.S. housing prices in January gained 0.5% on a seasonally adjusted basis from the previous month, according to the Federal Housing Finance Agency.

The previous report for December was at 0.4%.

According to the FHFA report, from January 2015 to January 2016, house prices were high 4.9%.  U.S. housing prices in November rose on a 0.5% seasonally adjusted basis from the previous month.

Click to enlarge

FHFA House Price Index, Purchase Only

(Source: FHFA)

The FHFA house price index rose 0.4% in the prior report but year-to-year gain returned to 6.0%.

The year-on-year rate is back at the 6.0% line for one of the best readings of the last couple of years.

As a result of weak wage growth, home-price appreciation is more important than ever for household wealth. Not many homeowners will see a significant appreciation.

Nevertheless, the Econoday consensus is calling for a sizable 0.6% monthly gain in the January report.

January’s new home sales report is expected to show both sales and prices to be weak.

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