Housing Wire

OCTOBER 5, 2023

Freddie Mac ‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.49% as of Oct. HousingWire’s Mortgage Rates Center showed Optimal Blue’s 30-year fixed rate for conventional loans at 7.60% on Wednesday, compared to 7.43% the previous week.

Fixed-rate mortgage 446

Fixed-rate mortgage Mortgages MLS Loans 446

Housing Wire

JANUARY 25, 2024

And HousingWire’s Mortgage Rates Center showed that Optimal Blue’s average 30-year fixed rate for conventional loans was 6.713% on Thursday, up from 6.709% at the same time last week. Meanwhile, the Bright MLS forecast for 2024 calls for mortgage rates to decline further this year, reaching 6.2% by the fourth quarter.

Mortgages 409

Mortgages Fixed-rate mortgage MLS Banks 409

Housing Wire

NOVEMBER 9, 2023

However, the gap between mortgage rates now and a year ago has narrowed, Bright MLS Chief Economist Lisa Sturtevant said. “At HousingWire’s Mortgage Rates Center showed Optimal Blue’s average 30-year fixed rate for conventional loans at 7.444% on Thursday, compared to 7.576% the previous week. The 30-year, fixed mortgage averaged 7.5%

Mortgages 462

Mortgages MLS Loans Investor 462

Housing Wire

NOVEMBER 30, 2023

Meanwhile, HousingWire’s Mortgage Rates Center showed Optimal Blue ’s average 30-year fixed rate on conventional loans at 7.1% Bright MLS ’ 2024 forecast indicates that mortgage rates will fall to 6.5% Mortgage rates headed lower this week as the 10-year Treasury yield dropped below 4.3% on Thursday. The CME FedWatch Tool showed a 95.6%

Mortgages 509

Mortgages MLS Investor Development 509

HomeLight

DECEMBER 31, 2023

Fast facts about selling a house ‘as is’ in Arizona Median sales price in Arizona $430,990 Average days on market (DOM) for Arizona 56 Disclosures Arizona law requires sellers to disclose material facts about the property through the Residential Seller’s Property Disclosure Statement (SPDS) MLS has a field to mark a listing “as is”?

As-is 86

As-is Inspection Finance Loans 86

Housing Wire

APRIL 15, 2024

If the settlement is approved by the court, although agents and home sellers will not be able to list offers of compensation on the MLS, home sellers may still offer to cover the buyer’s agent fees if they so choose. Department of Veterans Affairs seeking similar guidance on VA loans, but Sears said that letter remains unanswered.

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Agents Seller concession VA loan Finance 529

Housing Wire

SEPTEMBER 7, 2023

The three class action suits Moehrl , Sitzer/Burnett , and Nosalek , named after their lead plaintiffs, take aim at NAR’s Participation Rule , which requires listing agents to make a blanket offer of compensation to buyers’ agents in order to list the property on a Realtor-affiliated multiple listing service (MLS).

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Agents Loan Officer Lending MLS 393

Housing Wire

OCTOBER 12, 2023

Freddie Mac ‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year, fixed-rate mortgage averaged 7.57% as of Oct. Other indices showed significantly higher home loan rates this week. That’s up 8 basis points from 7.49% the previous week.

Fixed-rate mortgage 396

Fixed-rate mortgage Mortgages MLS Investor 396

Housing Wire

SEPTEMBER 7, 2023

Freddie Mac‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.12% as of Sept. HousingWire’s Mortgage Rates Center showed Optimal Blue’s 30-year fixed rate for conventional loans at 7.20% on Wednesday, compared to 7.07% the previous week.

Mortgages 436

Mortgages Fixed-rate mortgage Marketing MLS 436

Housing Wire

MARCH 15, 2024

Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down. NEXA has always been focused on purchase loans , which means some of its LOs do significant business with buyers’ agents.

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Industrial Seller concession Purchase and sale agreement Agents 501

Housing Wire

FEBRUARY 1, 2024

But H ousingWire’s Mortgage Rates Center showed that Optimal Blue’s average 30-year fixed rate for conventional loans was 6.950% on Thursday, up from 6.713% at the same time last week. Mortgage rates are also expected to come down this year, according to Bright MLS chief economist Lisa Sturtevant. Is the housing market normalizing?

Mortgages 448

Mortgages Fixed-rate mortgage MLS Staging 448

Housing Wire

SEPTEMBER 15, 2023

Take that information and provide a Facebook Live session or a series of Facebook Lives , invite your friends and followers to learn more about these loan programs. Work with a lender who specializes in first responder types of loans, FHA , VA and HUD programs and interview them for a video, Facebook live session or if you have a podcast.

VA loan 413

VA loan Loans Mortgages Closing costs 413

Housing Wire

OCTOBER 13, 2023

Some lenders have a stake in the ground to improve their loan execution; they’re finding it’s faltering with their POS system. With BlueForceX’s three business lines, the platform aims to increase lenders’ leads and pull-through rates on their funnel conversions, as well as grow their funded loan volume.

MLS 390

MLS Technology Mortgages Loans 390

Housing Wire

FEBRUARY 22, 2024

When the Department of Justice (DOJ) revealed last week the changes it would like to see in how real estate agents and brokers are compensated through its statement of interest filed in the MLS Property Information Network commission lawsuit , few in the real estate industry were surprised by the agency’s desire to decouple commissions.

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Industrial MLS FHA loan Agents 417

Housing Wire

MARCH 1, 2023

Through this API integration, users can populate MLS and non-MLS rate flyers in a short period of time using “real-time, scenario-specific mortgage offers” delivered through Polly’s cloud-native Product and Pricing Engine (PPE), according to a prepared statement.

MLS 335

MLS Loan Officer Technology Loans 335

Housing Wire

FEBRUARY 15, 2023

In turn, it affected borrowers’ appetite for home loans. The latest Mortgage Bankers Association (MBA) survey showed that mortgage loan application volume declined 7.7% According to the MBA data, the 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 6.39% for the week ending Feb.

Mortgages 381

Mortgages Fixed-rate mortgage Loans MLS 381

Housing Wire

NOVEMBER 16, 2023

HousingWire’s Mortgage Rates Center showed Optimal Blue’s average 30-year fixed rate on conventional loans at 7.409% on Thursday, compared to 7.444% the previous week. However, there is room for mortgage rates to fall further, according to Bright MLS Chief Economist Lisa Sturtevant. On Thursday, investors priced in a 99.7%

Mortgages 445

Mortgages Fixed-rate mortgage MLS Investor 445

Housing Wire

SEPTEMBER 14, 2023

Freddie Mac ‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.18% as of Sept. HousingWire’s Mortgage Rates Center showed Optimal Blue’s 30-year fixed rate for conventional loans at 7.16% on Tuesday, compared to 7.20% the previous week.

Mortgages 427

Mortgages Fixed-rate mortgage Investor MLS 427

Housing Wire

DECEMBER 8, 2023

Educate your clients about financing While many homebuyers can benefit from a 30-year, fixed-rate conventional mortgage , other borrowers might need access to other loan programs with more lenient guidelines. Make sure your buyers understand the difference between being prequalified, preapproved and loan-committed.

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Proof of funds Inspection contingency Inspection MLS 418

Housing Wire

AUGUST 22, 2022

NFTYDoor says traditional home equity lenders take 30 to 90 days to fund loans due to their manual underwriting. Borrowers can apply for up to three loans, subject to a limit of $750,000 per borrower. He’s entering a bright space: home equity products have become more popular given the surging value of homes used as collateral.

Equity 357

Equity MLS Renovation Loans 357

Housing Wire

NOVEMBER 2, 2023

HousingWire’s Mortgage Rates Center showed Optimal Blue’s average 30-year fixed rate for conventional loans at 7.62% on Wednesday, compared to 7.83% the previous week. As a result, mortgage rates should continue to hover around 8% in November, according to Bright MLS Chief Economist Lisa Sturtevant. she said in a statement. “So,

Fixed-rate mortgage 467

Fixed-rate mortgage Mortgages MLS Investor 467

Housing Wire

SEPTEMBER 27, 2023

Builders have been adjusting to the shifting market by lowering prices, and also by offering concessions, upgrades, and relatively more attractive builder financing,” Bright MLS Chief Economist Lisa Sturtevant said on Tuesday regarding new home sales. After experiencing a temporary hiccup between July 2022 to January 2023, the U.S.

Marketing 512

Marketing New Construction Finance Construction 512

Housing Wire

AUGUST 31, 2023

Freddie Mac‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.18% as of Aug. HousingWire’s Mortgage Rates Center showed Optimal Blue’s 30-year fixed rate for conventional loans at 7.07% on Wednesday, compared to 7.22% the previous week.

Mortgages 405

Mortgages Fixed-rate mortgage MLS Loans 405

Housing Wire

SEPTEMBER 26, 2023

“The Case Shiller index indicates that the typical home price in July 2023 is about 45% higher than it was four years ago in July 2019,” said Bright MLS Chief Economist Lisa Sturtevant. Mortgage holders are well-qualified and subprime loans are rare. The West (-3.8%) and Southwest (-3.6%) remained the weakest regions.

MLS 452

MLS Lending Equity Mortgages 452

Housing Wire

JANUARY 4, 2024

HousingWire’s Mortgage Rates Center showed Optimal Blue ’s average 30-year fixed rate on conventional loans at 6.68% on Thursday, up from 6.56% recorded at the same time last week. According to Bright MLS Chief Economist Lisa Sturtevant, the lack of inventory remains the main issue, keeping home prices elevated.

Fixed-rate mortgage 428

Fixed-rate mortgage Mortgages MLS Loans 428

Housing Wire

OCTOBER 11, 2022

Mortgage Coach , a mortgage platform that enables lenders to educate borrowers with home loan presentations, announced that its platform will be integrated with Insellerate, a customer relationship management (CRM) platform.

Mortgages 385

Mortgages Loan Officer Loans MLS 385

Housing Wire

JULY 13, 2023

Freddie Mac’s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 6.96% as of July 13, up from last week ’s 6.81%. Overall, the economy is still very durable, said Lisa Sturtevant, chief economist of Bright MLS. over the coming weeks.

Mortgages 364

Mortgages Closing MLS Loans 364

Housing Wire

NOVEMBER 23, 2022

Recent declines in mortgage rates, which are due to a slowdown in inflation growth, have been enough to convince some borrowers to apply for new home loans, according to recent data on mortgage applications. . Mortgage rates differed slightly on other platforms, and were 6.65% for conforming loans at Mortgage News Daily on Tuesday. .

Mortgages 461

Mortgages Fixed-rate mortgage MLS Loans 461

Housing Wire

JULY 6, 2023

The Freddie Mac’s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 6.81% as of July 6, up significantly from last week ’s 6.71%. Mortgage rates jumped this week as investors grapple with persistent positive economic data and a hawkish Fed.

Mortgages 383

Mortgages Construction New Construction Investor 383

Housing Wire

JUNE 8, 2022

The monitoring program, covering all 50 states, includes MLS listing data as well as public records from data aggregators. Solutions like active listing scan will help customers “close more loans more quickly,” he added. . Xactus, with its mortgage verification suite, aims to close more loans quickly and enhance profitability.

Short sale 350

Short sale MLS Banks Loans 350

Housing Wire

JUNE 30, 2021

Caliber Home Loans, Inc., a home loan company, offers resources to help support a broker’s business for continued success. Caliber Reconnect includes MLS Trigger that alerts brokers when a shared borrower’s property has been listed for sale on MLS. Sanjiv Das, Chief Executive Officer.

Lending 383

Lending MLS Loans Renovation 383

Housing Wire

AUGUST 10, 2023

Freddie Mac’s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 6.96% as of August 10, up from last week ’s 6.90%. Yun was pleased to see deceleration in the rent component, which contributed to pulling down the key core CPI in July.

Fixed-rate mortgage 370

Fixed-rate mortgage Mortgages New Construction Loans 370

Housing Wire

MARCH 2, 2023

At the same time, consumers have taken on a record amount of debt, including mortgage , personal, auto, and student loans. I feel like we have some people sitting on the fence again,” said one loan officer in the Portland, Oregon market. “I To me, that seems to be the most promising program right now for conventional loans.”

Mortgages 437

Mortgages Fixed-rate mortgage Equity MLS 437

Housing Wire

AUGUST 7, 2023

The reckoning has brought staff reductions, loan repurchases, higher reserves and mass consolidation. MERS provided a trusted “golden record” of the owner of the mortgage loan asset, Simplifile reaches the county recording end-points, IDC integrated $5.2B Consumers, communities and taxpayers are major beneficiaries.

Lending 357

Lending Loans Technology Brokerage 357

Housing Wire

NOVEMBER 7, 2023

Be more creative in your MLS searches. Loop your buyer’s lender into the mix and have coffee with your buyer clients and the loan officer to discuss loan options that meet their goals. You can’t just assume you’ll be receiving a set percentage on every transaction. Find them their dream home. Be a matchmaker.

Loan Officer 406

Loan Officer New Construction MLS Inspection 406

Housing Wire

JUNE 2, 2023

In February 2020, a combined 300,000 were employed in “ real estate credit ” and as mortgage and non-mortgage loan brokers. As of April 2023, there were roughly 342,100 people in those jobs, up slightly from the 340,800 in March, thanks to a slight in the number of mortgage and non-mortgage loan brokers employed. million. “The

Construction 374

Construction MLS Mortgages Loans 374

Housing Wire

AUGUST 13, 2021

In February 2019, we wrote an article predicting this seismic shift, detailing how mortgage lenders could and should prepare to not only survive the shift but thrive in the future digital age. Consumers don’t differentiate between digital and offline. To them it’s just “a mortgage application.”. COVID killed cash.

Loan Officer 446

Loan Officer Technology Loans Mortgages 446