Housing Wire

JUNE 16, 2022

The federal funds rate doesn’t directly dictate mortgage rates, but it does steer market activity to create higher rates and reduce demand. It’s painful that on the same $300,000 mortgage, the monthly payment rose to $1,800 today from $1,265 in December. mortgage industry to fund $4.1 Labor Department.

Marketing 417

Marketing Fixed-rate mortgage Loan Officer Pre-approval 417

Housing Wire

SEPTEMBER 22, 2022

With the rate for a 30-year mortgage 300 basis points higher than 2021, the buyer of a median-priced home this week is facing a monthly payment that is 66% higher than the same week in 2021, Ratiu noted. of total mortgage applications were for ARMs for the week ending Sep. 16, according to the Mortgage Bankers Association (MBA).

Mortgages 416

Mortgages Loan Officer Pre-approval Fixed-rate mortgage 416

Housing Wire

AUGUST 29, 2022

But for brokers, price isn’t the only determining factor when comparing rates for the borrower. On top of competitive rates, getting approved for a mortgage has to be an easy and quick closing process for the customer, said Kevin Leibowitz, CEO of brokerage Grayton Mortgage. million in the first quarter.

Equity 407

Equity Loan Officer Loans Mortgages 407

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? Annual percentage rate (APR). Clients may be confused about the difference between an interest rate on their mortgage loan and an APR. Got Clients With Interest Rate Questions? Fixed-rate mortgage.

Purchase and sale agreement 97

Purchase and sale agreement Title Proof of funds Pre-approval 97