Housingwire's Logan Mohtashami: Real Estate Vs Bitcoin & Bond Market Outlook

Mortgage rates hit 3-year highs as homebuyers retreat. HousingWire’s Logan Mohtashami explains why rising bond yields and Fed hawkishness drive the surge.

• Mortgage rates have reached 3-year highs, causing homebuyers to retreat, driven by rising bond yields and hawkish Federal Reserve policy.
• The article discusses the factors influencing mortgage rates, including the 10-year Treasury yield and mortgage spreads, and contrasts the current housing market with 2008.
• It also explores the competition between real estate and Bitcoin for monetary premium, the potential for borrowing against Bitcoin for down payments, and provides an outlook for 2027.

Topics: Asset types, Market cycles macro sensitivity, Public market, Real assets, Interest rate sensitivity, Public bond tokenization

Tags: #mortgagerates #realestate #bitcoin #bondmarket #treasuryyield #federalreserve #homebuyers #affordability #homeprices

Read more

Vietnam’s Mortgage Rate Surge Putting Homeownership Out of Reach

Mortgage rates in Vietnam have climbed steeply, with average charges now around 12% to 14% and floating rates reaching as high as 15% to 16%. The country's push to build infrastructure is putting strain on banks, which are facing a funding shortfall, and the central bank has urged lenders to rein in loans to the property sector. The combination of higher borrowing costs and limited affordable housing is weighing on sales, which were down 36% in the second quarter from a year earlier, and putting pressure on developers' cash flow and inventories.

• Mortgage rates in Vietnam have surged to 12-16%, making homeownership increasingly unaffordable for many citizens.
• This surge is driven by banks facing funding shortfalls due to infrastructure investment demands, leading the central bank to curb property lending.
• The combination of high rates, limited affordable housing, and developer cash flow issues has led to a significant drop in sales and poses risks to financial stability.

Topics: Asset types, Scalability, Market cycles macro sensitivity, Real assets, Market depth liquidity, Interest rate sensitivity

Tags: #vietnam #mortgagerates #realestate #homeownership #interestrates #housingaffordability #developers #centralbank #creditgrowth #fundingshortfall

Read more

Veterans are using this homebuying benefit more often — but many still don’t know it exists

More military buyers are turning to VA-backed mortgages as affordability pressures mount, but a new survey suggests many eligible borrowers remain unfamiliar with the benefit.

• VA-backed mortgages are seeing increased usage among military buyers due to affordability pressures, with VA loans accounting for 7.7% of mortgaged home purchases in March.
• Despite increased adoption, a significant portion of eligible veterans and service members remain unaware of or unfamiliar with the full benefits of VA loans.
• The article highlights personal stories of veterans successfully using VA loans for homeownership, emphasizing its role in achieving the 'American dream' and building equity.

Topics: Asset types, Jurisdictions, Institutional adoption, Real assets, Established hubs, Onboarding prime brokerage

Tags: #valoans #homeownership #veterans #mortgagerates #affordability #downpayment #rocketmortgage #redfin #militarybuyers #usarmy

Read more

Mortgage rates tick higher, but buyers show signs of confidence

The average 30-year fixed mortgage rate rose to 6.52%, while the 15-year fixed rate climbed to 5.84%, according to Freddie Mac’s latest survey.

Topics: Asset types, Market cycles macro sensitivity, Real assets, Interest rate sensitivity, Inflation recession impact

Tags: #mortgagerates #freddiemac #30yearfixedmortgage #15yearfixedmortgage #homebuyers #employmentmomentum #inflation #interestratecuts #consumerpriceindex #categorized

Read more