Mortgage Direct US

Your Real Estate Finance Expert - rates, markets, housing, construction, and consulting

[Mortgage Direct US @MortgageDirectU]

A Guide - #RealEstate: How to Buy a Home https://t.co/4gBrJuhjyI #Housing #Mortgages

[Mortgage Direct US @MortgageDirectU]

Why The Federal Reserve Should Keep Its Grubby Mitts Off The Mortgage Market https://t.co/tdoaHxetpS

[Arbor Realty Trust @arbor1]

The #CRE market is in a period of “price discovery” where many would-be buyers are sitting on the sidelines.

Read more from @XanderSnyderX in @FirstAmNews: https://t.co/ClXY15kfHZ

#ArborRealtyTrust #Multifamily #REIT

[Trepp @TreppWire]

The 754-unit apartment tower was valued at $543.6 million in 2018 but is now valued at $279 million, according to #Trepp.

[Eric Finnigan @EricFinnigan]

Mortgage rates moving from 7 to 8% since July means around 5 million fewer households would qualify for a $400K mortgage.

The potential borrower pool has now shrunk by -56% since in 2021 when rates were 3%.

[Thread Reader App @threadreaderapp]

@ptmichaels1911 @JeffWeniger @ptmichaels1911 Hello, the unroll you asked for: https://t.co/z3vtrsy5Yp Have a good day. 🤖

[Jeff Weniger @JeffWeniger]

These housing charts are unsettling.

1/9

[Nick Gerli @nickgerli1]

Mortgage applications just plummeted to the lowest level since 1995. 📉

Down 50% from pandemic highs.

Not good. Sellers will need to reduce the price to bring buyers back in.

[Bloomberg TV @BloombergTV]

Traders are scaling back their bets on how high the Bank of England will hike interest rates

@krisaqnews explains what's going on: https://t.co/yu2yR4HHuV

[FOX Business @FoxBusiness]

US mortgage rates will create ‘dire’ situation for real estate market, expert warns https://t.co/r1X3VvFGy7

[The Real Deal @trdny]

Data collected by the Mortgage Bankers Association spells bad news for residential brokerages. https://t.co/SPtsMUheKf

[John Burns @johnburnsjbrec]

The land market is on fire again, per 55% of the 78 land brokers we just surveyed.
This is the hottest the market has been in 15 months, & comparable to the market strength from 2018 through early 2020, as shown below.

Our local consulting experts here: https://t.co/ueB5lrWnCt

[Bloomberg @business]

The headlines from March’s banking crises have receded, and balances at some of the Fed’s emergency lending facilities are starting to fall. But, there are still signs of a slow-moving credit crunch.

Listen to the Odd Lots podcast: https://t.co/eieWHGBLRI

[zerohedge @zerohedge]

US SENATOR WARREN, WHEN ASKED IF SHE HAS FAITH IN SAN FRANCISCO FEDERAL RESERVE PRESIDENT MARY DALY IN WAKE OF SILICON VALLEY BANK'S COLLAPSE: "NO, I DO NOT" - CBS INTERVIEW

[Bloomberg @business]

Credit Suisse has the backing of its biggest shareholder in disagreeing with the UBS offer. Get the full story here ⬇️ https://t.co/zmaBcDOXoW

[Elon Musk @elonmusk]

Very important thread

[zerohedge @zerohedge]

*GERMAN 2-, 5- AND 30-YEAR BOND YIELDS FALL MOST ON RECORD

[Mortgage Direct US @MortgageDirectU]

Current State of the #Housing Market; Overview for mid-March https://t.co/MuSrq2iUHH

[Mortgage Direct US @MortgageDirectU]

Klein on #Construction https://t.co/vccv7fPh9D #NYC #CRE

[Bloomberg @business]

Small-time flippers and regular homebuyers are doing better than Wall Street and Silicon Valley's big institutional buyers during the real estate downturn https://t.co/41bPN9Iuai

[Mortgage Direct US @MortgageDirectU]

EY Future Workplace Index reveals surprisingly rosy attitudes on commercial real estate investment #CRE #WFH

https://t.co/ObQ33BOHpX