Chris Willis, a partner at Troutman Pepper and host of The Consumer Finance Podcast, delves into the crucial role of the CFPB in the mortgage industry. With the agency's operations halted amid a leadership shakeup, the discussion highlights potential shifts in regulations that could affect mortgage lending practices. Willis shares insights on the implications of possible changes under the Trump administration, including how these shifts may influence consumer protections and affect everyday banking fees. The stakes couldn't be higher for future homeowners!

Mortgage rates are down, so the housing market should be entering a frenzy…right? Not quite. The buyer’s market seems alive and well, with sellers offering concessions as the housing market visibly “slows.” What’s causing it? New inventory hitting the market? Tariff talks leading to higher housing costs? We’re getting into it all in this episode as we hit on four of last week’s top headlines.First, how much will a new home cost now that tariffs are in place? With lumber, labor, and material prices all rising, there could be a five-figure added cost per home for homebuilders, making it even more expensive for buyers. Will labor costs continue to rise in 2025 after years of solid growth, or will renovators and flippers finally get relief?The housing market is slowing down even as we get closer to the spring homebuying season. Home prices are DOWN year-over-year, but one caveat makes this a half-truth. With more inventory hitting the market, buyers could have their pick! And that inventory could grow even greater as mortgage delinquencies start to rise—should we begin to worry? Enough speculation; let’s get into it!In This Episode We CoverHow much more a new home will cost with the 2025 tariffs now put in placeA worrying statistic about mortgage delinquencies investors must pay attention toLabor and material cost predictions for 2025: Can they keep rising?Updated housing inventory metrics and why sellers are struggling, ready to give concessionsWhy Henry really needs a hug this weekAnd So Much More!Links from the ShowJoin the Future of Real Estate Investing with FundriseJoin BiggerPockets for FREESign Up for the On the Market NewsletterFind Investor-Friendly LendersDave's BiggerPockets ProfileHenry's BiggerPockets ProfileJames' BiggerPockets ProfileKathy's BiggerPockets ProfileOn The Market 301 - Mortgage Rates Fall EVEN Further as “Tariff Tuesday” Triggers Stock Sell-OffHere’s how tariffs will hit the U.S. housing marketConstruction Industry Cost Insights for Q1 2025Realtor’s February 2025 Monthly Housing Market Trends ReportMortgage Delinquencies Increase in the Fourth Quarter of 2024Case-Shiller IndexGrab Henry’s Book, “Real Estate Deal Maker”Jump to topic:(00:00) Henry Needs a Hug(02:23) Homes Could Cost $10K More (08:04) Construction Prices Rise (11:36) The Market SLOWS Down (19:55) Mortgage Delinquencies Are UPCheck out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-302Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

The latest economic shifts are causing quite a stir. 'Tariff Tuesday' triggered a stock market sell-off, raising concerns about a looming recession. Meanwhile, mortgage rates are surprisingly dropping despite inflation fears. What does this mean for real estate investors? Rising costs of materials and retaliatory tariffs could complicate the housing landscape. As uncertainties rise, strategies for navigating investments in real estate and stocks are more crucial than ever. Will rates continue to fall, or have we hit rock bottom?

Mortgage rates have hit a new 2025 low, sparking excitement for homebuyers. However, fears of a recession loom large, with rising unemployment and inflation concerns. The discussion delves into why lower rates could indicate a more significant economic shift. Listeners learn about the volatility in the market and what it means for investors. Should they act now or wait for even better rates? This analysis reveals crucial insights for navigating the current financial landscape.

Orphe Divounguy, a Senior Economist at Zillow, shares critical insights into the housing market's shifting landscape. He discusses Zillow's downgraded home price forecast for 2025, attributing it to rising inventory and suppressed buyer demand due to high mortgage rates. The conversation delves into the impacts of multifamily construction on rent prices and explores whether the market has reached a supply-demand equilibrium. Divounguy also highlights potential factors that could reignite buyer demand in this stagnant environment.

In this discussion, Andy Walden, Vice President of Research and Analysis at Intercontinental Exchange, shares his expertise on the evolving mortgage landscape. He reveals alarming trends in increasing mortgage delinquencies, particularly affecting low to moderate-income borrowers, while maintaining that overall foreclosure rates remain stable. Andy also delves into the fallout from California's wildfires, which may drive up insurance costs. However, there's good news for potential homebuyers, as he forecasts a hopeful drop in mortgage rates and an increase in housing inventory!

Austin Wolf, an in-house analyst at BiggerPockets known for his expertise in real estate market analysis, reveals the pivotal role of job growth in predicting home price trends. He discusses how job availability influences migration patterns and housing demand. Listeners learn to identify the key metric that signals potential price surges, the importance of analyzing job sectors, and how to leverage local data for investment insights. Discover why this easily found metric is often overlooked by investors!

In this discussion, Jay Scott, a seasoned real estate investor and author of "Recession-Proof Real Estate Investing," shares his current shift in investment strategy amid a swelling asset bubble. He questions whether it's time to hoard cash instead of investing in overpriced assets like real estate and stocks. Jay reveals his thoughts on diversification, the importance of facing economic uncertainty, and how he would approach a $100,000 investment today. He emphasizes the risks of overvaluation and the potential opportunities that may arise.

With interest rates on the rise, investors are weighing their options: wait to buy, sell underperforming properties, or keep investing. Innovative strategies are discussed, including a method for doubling cash flow by reviving a classic investment style. New construction offers opportunities for locking in lower mortgage rates, while current high home prices might favor those considering flipping or holding. Practical advice is provided for navigating this unusual real estate landscape with unique financing options and smart tenant screening.

Austin Wolff, an in-house analyst at BiggerPockets, joins Chicago real estate investor Dan Nelson to discuss the Midwest's emerging role as a startup hub. They explore how lower home prices and robust educational institutions attract tech investments. Key markets like Minneapolis and Indianapolis are highlighted for their rental potential and job growth. Wolff and Nelson also weigh in on market risks, local dynamics, and which cities might see significant appreciation as the startup surge unfolds.