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Will new products stop the bleeding for mortgage lenders? 

Housing Wire

But there’s another threat that Homepoint executives must worry about – United Wholesale Mortgage (UWM), the top dog in wholesale, has embarked on a strategy of heavy price cutting, forcing Homepoint and others to limbo to compete for business. Homepoint is in a tough spot. We’re not afraid to get smaller as an organization.”

Mortgages 391
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New Study Finds Seller’s Market May Shift in 2021

Realty Biz

Record-low mortgage rates have hovered below 3% for a 30-year fixed-rate mortgage since October 2020, which is good for buyers. But some experts warn these low rates won’t last , and mortgage rates will rise as the economy heats up and more people get back to work. by the end of 2021. .

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Proceeds vs Profit: How Much Will I Make Selling My House?

HomeLight

During the pandemic years, plunging interest rates were counter-balanced by rising home sales. Census Bureau and the Department of Housing and Urban Development (HUD), new home sales fell 16.6% Interest rates on 30-year fixed-rate mortgages reached their highest since April 2020. According to the U.S.

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When Is the Best Time to Buy a House in Colorado?

HomeLight

Across the state, the market is shifting from a hot seller’s market to a more stable, but still seller’s market. Across the state, the market is shifting from a hot seller’s market to a more stable, but still seller’s market. But even with this trend, markets are highly local, and now is a good time for buyers to jump in.

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Onto the Next: What to Know Before Selling Your Recently Purchased Home

HomeLight

You could forfeit any chance at making a profit — or even face a loss on the sale. To help you navigate an earlier-than-expected home sale, we talked with a top real estate agent and some seasoned property investors to create this in-depth guide. Most homeowners purchase a house with the intention of staying put for the long haul.