Keeping Current Matters

JANUARY 13, 2021

Yanling Mayer, Principal Economist at CoreLogic , recently revealed : “A distributional analysis of forborne loans’ payment status reveals that more than one third (39.1%) of all forborne loans are now 150+ days behind payment, while as many as 1-in-4 (25.5%) are 180+ days past due.”. Though 29.4% What are the experts saying? Bottom Line.

Equity 241

Equity Short sale Principal Loans 241

Housing Wire

DECEMBER 21, 2022

From NAR : “In essence, the residential real estate market was frozen in November, resembling the sales activity seen during the COVID-19 economic lockdowns in 2020,” said NAR Chief Economist Lawrence Yun. I hear you; let’s dive deeper into today’s report.

Sales 502

Sales Mortgages Principal Short sale 502

The Close

DECEMBER 29, 2022

How else would you and your clients understand how much is being paid in principal and interest over the years? It generally results in a higher interest rate or additional points, but it’s a way for homeowners to leverage their equity in a property. Home equity conversion mortgage. Home equity conversion mortgage.

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98

Marco Santarelli

JULY 11, 2022

The improving economy and the approaching peak homebuying years of millennials are driving a residential housing boom. The Fed is likely to raise interest rates several times this year, and its policy has a direct impact on the interest rates on various mortgage products, specifically adjustable-rate mortgages and home equity loans.

Sales 82

Sales Marketing Fixed-rate mortgage Mortgages 82