Remove articles why-28-of-mortgage-applicants-never-close-the-loan
article thumbnail

Logan Mohtashami: The 2022 housing forecast

Housing Wire

Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortgage rates — would hold up the housing market. The 10-year yield and mortgage rates. That range dictated that mortgage rates would roughly stay between 3.5%-4.75%.

Mortgages 543
article thumbnail

131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

That’s why we compiled this comprehensive list. After all, great communication leads to closed deals. Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. After all, great communication leads to closed deals.

article thumbnail

Exclusive: The Untold History of How Women Faced Unspeakable Discrimination in Mortgages—and Then Fought Back

Realtor.com

Getty Images Less than 50 years ago, many mortgage lenders refused to consider a woman’s income. So in 1972, 25-year-old Marjorie, an operating room technician, and Paul, 27, a fast-food restaurant manager, applied for a mortgage through their local bank. But by the early 1970s, they had outgrown it.

Mortgages 140