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Housing Wire
OCTOBER 5, 2023
As the housing market suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment. billion, according to a review of bond-rating and industry reports.
Housing Wire
SEPTEMBER 12, 2023
Shannon Hoff, a California-based branch manager at American Pacific Mortgage (APM), finds herself both enthusiastic and cautious as she assesses the prospects of the mortgage market in the coming year. “But economists said mortgage rates should be in the 5s in the first or second quarter of 2024.”
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Housing Wire
AUGUST 23, 2023
According to Garg, the company has developed a one-day mortgage product that provides a commitment letter within 24 hours. Better wants to sell this platform to other companies, becoming a “mortgage-as-a-service” company or a white-label provider of mortgage tech, Garg said. ” And what is Better.com best at?
Lighter Side of Real Estate
JANUARY 10, 2024
About 25% of those surveyed said they devote a full week each month on budgeting, checking their bank account balance, and reviewing their credit card transactions. Using the above numbers as an example, if you refinanced your house with a $300,000 mortgage, you would free up about $60,000.
Housing Wire
JULY 19, 2023
The dour housing market over the past 18 months has thrust struggling independent mortgage lenders (IMBs) into what seems like a pot of water that is coming slowly to a boil. Repurchase requests are prompted after GSE quality-review teams uncover underwriting errors in mortgages purchased by the agencies. “It
Marco Santarelli
APRIL 8, 2024
Mortgage brokers and financial advisors are capitalizing on this trend, offering specialized services to cater to the unique needs of international clients. The Growing Demand for US Real Estate by Foreign Investors Last year, we observed a significant trend: the growing demand for U.S. Their presence in the U.S. As the U.S.
Broke Agent Media
MAY 6, 2023
Dive in below for what’s happening with mortgage rates, the current seller’s market, CoreLogic’s Home Price Insights, and Steve Harney’s take on home prices. This brings us back to the highest federal interest rate in 16 years. How does the FOMC’s decision to raise rates impact the housing market?
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