Remove 2022 12 november-new-home-sales-up-as-interest-rates-fall-back
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How top LOs plan to beat the odds in 2023

Housing Wire

Krichmar, whose $100 million-plus origination volume in 2022 consisted of 77% purchase loans, expects LOs to be working longer hours to find referral partners, trying to close loans faster than the others and diversifying their mortgage product offerings to combat an industry that shrank by more than half this year.

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Could the assumable mortgage level the playing field?

Housing Wire

The Federal Reserve (Fed) actions that resulted in millions of borrowers receiving mortgage rates below 4% gave way to Fed actions that… triggered mortgage rates to rise above 7% in the fall of 2022. And many buyers are waiting on the sidelines, paralyzed by low housing inventory and high rates.

FHA loan 384
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Non-QM lenders are racing to stay ahead of rates

Housing Wire

The bank calls out 16 non-QM lenders in the text message, indicating it is ramping up scrutiny of its loan reviews, prior to advancing warehouse funding. The bank calls out 16 non-QM lenders in the text message, indicating it is ramping up scrutiny of its loan reviews, prior to advancing warehouse funding. Of course we’re not. “…If

Lending 384
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Help for troubled borrowers is on the way. But will it come soon enough?

Housing Wire

By that point, his wife, fearing infection, had already decided to resign as a part-time assistant teacher to stay home with their three kids. It took Wilen, 49, about two months to get a new job. mortgage for 12 months, and the county where he lives paid three months of his mortgage bill as part of an assistance program.

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With Mortgage Rates Rising, Will Buyer Demand Remain Strong?

Broke Agent Media

BAM Key Details : A new Zillow analysis shows buyers can expect competition for well-priced homes, especially those at a lower price point, but without the crowds of 2021 and early 2022. This year’s spring home shopping season could be calmer than the past few. Pending home sales are also improving.

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Redfin Reports First Annual Drop in Home Prices Since 2012

Broke Agent Media

BAM Key Details: A new Redfin report highlights the first annual drop in home prices since 2012. Pandemic boomtowns San Jose and Austin are seeing home prices decline 12 times faster than the national average. A new Redfin report for February 2023 shows the first annual drop in home prices since 2012.

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The New Rules for Homebuyers and Sellers in the Age of Omicron: What To Expect in 2022

Realtor.com

Realtor.com / Getty Images Omicron has indisputably put a damper on early 2022—and as COVID-19 infection rates continue to climb, many may wonder whether we’re headed toward another nationwide shutdown of schools, businesses, and other #lifegoals that may have just begun sputtering back to life.