While we are ending 2020 with mortgage originations “on pace for best year ever” (https://lnkd.in/grd-epN) turbocharged by refinance volume, should we be concerned by the increasing disparity in Fannie Mae home purchase sentiment between those who already are homeowners and those renters looking to get into home ownership? The latter category have been harder hit by the economic ravages associated with pandemic and have been sitting on the sidelines during this housing value bull market.
Door #1: The HPSI disparity between cohorts must converge for a long term sustainable purchase mortgage market, or
Door #2: We have nice single family rental unit for you...
No comments:
Post a Comment