Secondary mortgage market adjusts to higher-for-longer rates
A range of experts across a variety of secondary mortgage market sectors offered their thoughts on the market dynamics at play.
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A range of experts across a variety of secondary mortgage market sectors offered their thoughts on the market dynamics at play.
GSEs buying more MBS and the Fed ending QT could be a fix — though one seems far more likely than the other.
GSEs buying more MBS and the Fed ending QT could be a fix — though one seems far more likely than the other.
Home-equity lending overall found its wings in 2023 as a number of independent mortgage banks ramped up product lines over the course of the year — despite a bump in the road in the third quarter when mortgage rates surged past 7%.
The year ahead promises to offer the housing industry some relief, compared with a grueling 2023, but it is likely to be only a small bounce forward toward a healthier market.