Scotsman Guide

Helping mortgage professionals and investors stay informed, connect with verified direct lenders and close more loans.

[Scotsman Guide @ScotsmanGuide]

Pending home sales fell more than 7% in September from August and more than 11% from a year earlier, NAR said. Average 30-year mortgage rates rose from 6.8% to nearly 7.5% during September, according to MBA data.
https://t.co/5dMsO8TFH8

[Scotsman Guide @ScotsmanGuide]

Single-family housing starts fell 4% in September from August, the Census Bureau reported. Completions of new single-family homes are down 10.8% year to date, and permits hit their slowest pace of the year.
https://t.co/q6pUPtlYIj

[Scotsman Guide @ScotsmanGuide]

Office vacancy was 19.8% in the third quarter, down 30 basis points from a year earlier, @CushWake reports. New office deliveries totaled 7.1 million square feet through three quarters, the lowest such total in more than 30 years.
https://t.co/SC0QP4qV2c

[Scotsman Guide @ScotsmanGuide]

Scotsman Guide obtained a draft White House order on mortgage costs.

Not official yet: it proposes cutting LLPAs and waiving appraisals on some refis, and would direct USDA and VA to lower rates. It could still change or never be issued.
https://t.co/wp9Dzr3vYH

[Scotsman Guide @ScotsmanGuide]

Tappable equity has topped $13 trillion for the first time since tracking began in 2005, Odeta Kushi of @FirstAm told Scotsman Guide. She said 80% of it is rate-locked, with mortgage rates below the prevailing rate.

https://t.co/1eK112gWFK

[NAHB 🏠 @NAHBhome]

Total housing starts in the U.S. fell 5.2% in September to an annual rate of 1.221 million, 7.4% below Sept. 2025. Single-family home starts were down 4.6% to an annual rate of 859,000. Single-family permits also fell. #housing #realestate

[Scotsman Guide @ScotsmanGuide]

Bank servicers beat nonbanks on digital servicing in a @JDPower survey, with website averages of 740 and 704. Chase led bank servicers on mobile apps at 760 and Rocket Mortgage led nonbanks at 719.

https://t.co/4f1CCK2QAg

[Scotsman Guide @ScotsmanGuide]

Buying a home cost $771 a month more than renting one in September, per @Zillow. Rental demand rose 19.2% from a year earlier, and single-family rental demand jumped 21.6%.

https://t.co/O1DwpTfvOA

[Scotsman Guide @ScotsmanGuide]

Commercial real estate sentiment dropped below 50 in September for the first time since 2023, per CREDA. Interest rate sentiment fell from 52 to 31.

https://t.co/fOy3SQ3wZi

[Scotsman Guide @ScotsmanGuide]

Builder sentiment fell to a 14-year low in October, and about 43% of builders cut prices, the highest share in six years.

https://t.co/oQRx9aECQg

[Scotsman Guide @ScotsmanGuide]

Warsh’s silence on resurgent inflation is deafening #Economy #InterestRates #MonetaryPolicy
https://t.co/mQD5GcoUXp

[Scotsman Guide @ScotsmanGuide]

The push to expand U.S. manufacturing capacity appears to be yielding results, with an increasing number of industrial companies breaking ground on a variety of projects across the country. #Commercial #Economy #RealEstate
https://t.co/5827HYa5Ky

[Scotsman Guide @ScotsmanGuide]

The real estate investor share of home purchases fell 22% year over year in the second quarter of this year, according to a new report from CJ Patrick Co. and BatchData. #InvestmentProperties #MarketTrends #RealEstate
https://t.co/QwXafMZnXS

[Scotsman Guide @ScotsmanGuide]

Makers of manufactured housing may have cheered the passage of the 21st Century ROAD to Housing Act this past July, but there remain many barriers to expanding the relatively cheap housing alternative. #Construction #RealEstate #RegulationandCompliance
https://t.co/tWO9WBt2Xa

[Scotsman Guide @ScotsmanGuide]

Wholesale inflation accelerated 1.3% in September, government figures released Thursday show, marking the largest monthly gain since March 2022. #Economy #InterestRates #MonetaryPolicy
https://t.co/gwdpkowrit

[Freddie Mac @FreddieMac]

The avg. 30yr FRM holds steady at 7.40% https://t.co/DpM2kfuEHk

[Scotsman Guide @ScotsmanGuide]

Early-bird pricing for Top Emerging Stars and Top Workplaces ends today.

$149 and $599 today. $199 and $699 starting tomorrow.

Nominations close Nov. 3.

https://t.co/kvnqKCLHyW

[Scotsman Guide @ScotsmanGuide]

Fannie Mae released updated economic projections on Wednesday indicating total single-family mortgage originations could fall well below $2 trillion next year — a more than 18% reduction from its prior prediction. #InterestRates #Mortgage
https://t.co/akm89t8IVp