Morning Roundup (2/25/25) – Investors Losing Hope
| Good Morning! Today is Tuesday, February 25. NASA announced that an asteroid that previously had a small chance of hitting Earth no longer poses a risk. The death toll from last week’s severe weather in Kentucky has risen to 21. The F.D.A. rehired dozens of specialized employees it fired last week. The Mortgage Note Reports Lost Hope: Among real estate investors across the country, optimism has dropped. Writer Erin Flynn Jay found out why. Price Gains: Home price appreciation increased at a steady clip in December as demand sizzled in cold-climate cities. New Program: Hard Money Lenders Arizona introduced a new program giving non-traditional buyers better access to homeownership with easier income verification. |
| Quote Of The Day “Through this recent market cycle, the ability of Americans to grow wealth by participating in the upside of the U.S. housing market, particularly if done through a leveraged position by securing a mortgage, has proven to be historically beneficial.” Brian D. Luke, Head of Commodities, Real & Digital Assets at S&P Dow Jones Indices |
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In other mortgage and housing news… Tragic Losses: Only about 1% of Kentucky residents carry flood insurance as the state grapples with destructive storms. Unexpected Layoffs: Mr. Cooper won’t be onboarding as many Flagstar Bank employees as initially projected in its acquisition, HousingWire reports. Company News: Blend joined the Jack Henry Vendor Integration Program; Rocket CEO Varun Krishna will participate in a fireside chat at the 2025 Morgan Stanley Technology, Media & Telecom Conference. Money Down: The typical U.S. homebuyer’s down payment was equal to 16.3% of the purchase price in December, up from 15% a year earlier. Shifting Behavior: A third of Americans are delaying buying a home thanks to persistent inflation, and 90% are still “surprised” by the high cost of living in 2025. |