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When borrowers ‘ghost’ their servicers

Housing Wire

But we’re having a hard time reaching out to them,” he said during a panel at the annual Residential Mortgage Servicing Rights Forum held in New York City in October. Larry Goldstone is tired of being ghosted. He is used to it by now, but the problem has only gotten worse since the beginning of the COVID-19 pandemic. We service their loans.

Loans 370
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Logan Mohtashami: The 2022 housing forecast

Housing Wire

Most of the time, the economy is like a slow-moving ocean liner that changes direction gradually and without much effort. With those two factors still very much in play, here is my 2022 forecast. For 2022, my range for the 10-year yield is 0.62%-1.94% , similar to 2021. The 10-year yield and mortgage rates. The forecast.

Mortgages 544
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15 New Real Estate Agent Tips to Retire as a Millionaire

The Close

While the best time to plant a tree may have been 20 years ago, the best time to become a millionaire is today. Worse, there is a 100% chance that you will not be the only agent they talk to during that time. Worse, there is a 100% chance that you will not be the only agent they talk to during that time. Related Article.

Agents 141
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Saving For a House Down Payment? 18 Tips on How to Get There Faster

HomeLight

But with record-low interest rates and a smattering of first-time buyer programs available, 2022 really could be a great time to buy a home — and it might be a more attainable prospect than you think. Saving for a down payment to buy a house can feel like an insurmountable task. Source: (Surface / Unsplash).

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Can I Sell a Home After Owning It 1 Year?

HomeLight

Unforeseen circumstances can precipitate a move sooner than expected. Unexpected situations signaling the need to move within a year of purchasing a home can prompt questions: “Has my home appreciated enough that I will make a profit … or break even?” Other reasons can include: A health issue. A family emergency. Get Estimate.

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Be Your Own Builder: The Cheapest Way to Build a House

HomeLight

With an average build cost in 2022 of $283,900 , that can represent significant savings. With an average build cost in 2022 of $283,900 , that can represent significant savings. You’ve heard the stories about people who’ve bucked the system when it comes to homebuying, striking out and building their home themselves at a huge savings.

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Vaccines, Inventory, and Interest Rates: How Will Real Estate Change in 2021?

HomeLight

And after real estate thrived through an entirely unpredictable 2020, we need to ask what’s coming our way in the next 12 months. A new year is here! Will sellers re-enter the market and ease the inventory crunch? Will interest rates stay low? Will a rise in foreclosures impact your market? Join our Walkthrough Listener Community.

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