What to expect at HousingWire’s Spring Summit

The focus of the Summit is The Year-Round Purchase Market. Record low rates led to a banner year for mortgage lenders in 2020, and this year is expected to be just as incredible.

Increasing lending and servicing capacity – regardless of rates

Business process outsourcing and digital transformation are proven solutions that more companies in the mortgage industry are turning to. Download this white paper for more.

HousingWire's 2021 Spring Summit

We’ve gathered four of the top housing economists to speak at our virtual summit, a new event designed for HW+ members that’s focused on The Year-Round Purchase Market.

An Honest Conversation on minority homeownership

In this episode, Lloyd interviews a senior research associate in the Housing Finance Policy Center at the Urban Institute about the history and data behind minority homeownership.

Investments

Stocks mixed: S&P down but Dow hits new record high

All three indexes closed at record highs Tuesday

Some stocks, such as the Dow are soaring while others, such as the S&P are pulling back, according to an article by Joe McDonald for USA Today.

The increase began after President-elect Donald Trump’s full day after the election. On Nov. 9, stocks shot up after the deep overnight losses.

Now, while the Dow Jones industrial average increased 0.2% to a new record of 19,062.93, the standard & Poor’s 500 and the Nasdaq composite index did not fare as well with decreases of 0.2% and 0.5% respectively.

This is a change from Tuesday, when all three indexes closed at record highs, according to the article.

From the article:

The primary market focus has been on the election of Donald Trump as U.S. president, which many investors bet will be positive for companies. They expect less regulation of financial services and possibly tax cuts as well as spending on infrastructure. He has affirmed plans to withdraw from the Trans-Pacific Partnership but avoided mentioning his campaign pledge to build a wall along the Mexican border.

“As Trump has rowed back and not mentioned some of his more extreme policy sound bites, some worries about the nature of his presidency may have begun to abate,” Alex Furber of CMC Markets said in a report. That has helped U.S. indexes hit record highs, with the Dow surpassing 19,000 for the first time and closing at a record high six times in the two weeks.

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3d rendering of a row of luxury townhouses along a street

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