Housing Wire

FEBRUARY 1, 2024

Mortgage rates continued their downward plunge this week as inflation keeps decelerating. The 30-year fixed-rate mortgage averaged 6.63% as of Feb. 1, a decrease from last week’s figure of 6.69%, according to Freddie Mac ’s Primary Mortgage Market Survey released on Thursday. Is the housing market normalizing?

Mortgages 466

Mortgages Fixed-rate mortgage MLS Staging 466

Housing Wire

NOVEMBER 9, 2023

As 10-year Treasury yields tumbled, the average 30-year fixed mortgage fell 26 basis points in the week ending Nov. The 30-year, fixed mortgage averaged 7.5% 9, according to Freddie Mac ‘s Primary Mortgage Market Survey. 9, the largest one-week decrease since last November. as of Nov. for the week ending Nov.

Mortgages 466

Mortgages MLS Loans Investor 466

Housing Wire

NOVEMBER 2, 2023

Mortgage rates stabilized this week as the Federal Reserve decided to keep its rates unchanged Wednesday. However, mortgage rates still remain at a 23-year high. The 30-year fixed-rate mortgage averaged 7.76% as of Nov. 2, according to Freddie Mac ‘s Primary Mortgage Market Survey. On Wednesday, the U.S.

Fixed-rate mortgage 473

Fixed-rate mortgage Mortgages MLS Investor 473

Housing Wire

OCTOBER 5, 2023

Mortgage rates kept climbing this week as spreads on the 10-year Treasury yield widened, reaching a 16-year high. 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.

Fixed-rate mortgage 450

Fixed-rate mortgage Mortgages MLS Loans 450

Housing Wire

NOVEMBER 16, 2023

Mortgage rates fell this week as the October inflation report drove down the yield on the 10-year Treasury. The 30-year, fixed mortgage averaged at 7.44% as of Nov. 16, according to Freddie Mac ‘s Primary Mortgage Market Survey. The 30-year, fixed mortgage averaged at 7.44% as of Nov.

Mortgages 458

Mortgages Fixed-rate mortgage MLS Investor 458

Housing Wire

JANUARY 26, 2024

It devolved into a battle about historic facts, old-school MLS listing books, pronunciation corrections and even references to the kid-friendly restaurant chain Chuck E. The hourlong debate began with both participants discussing their motivations for participating. It dehumanizes Realtors and turns us into money-making machines.”

MLS 441

MLS VA loan Agents As-is 441

Housing Wire

JUNE 12, 2024

It is extremely unlikely that the Fed will cut rates, but the committee will release its updated economic projections, the so-called dot plot, which will likely show that the Fed is now expecting just two interest rate cuts in 2024,” Lisa Sturtevant, the chief economist at Bright MLS , said in a statement. “As This is down from a 3.4%

MLS 438

MLS Mortgages As-is Finance 438

Housing Wire

MAY 30, 2024

in April compared to March as rising mortgage rates weighed on the market, according to data released Thursday by the National Association of Realtors (NAR). year over year in April, as the supply of existing homes increased and high mortgage rates hampered demand. Pending home sales sales dropped 7.7% in April, down from 78.2

Sales 528

Sales MLS Mortgages Marketing 528

Housing Wire

JANUARY 4, 2024

In the first week of 2024, mortgage rates continued to stick around the mid 6% mark. The 30-year fixed-rate mortgage averaged 6.62% as of Jan. 28 , according to Freddie Mac ‘s Primary Mortgage Market Survey released on Thursday. The 15-year fixed-rate mortgage averaged 5.89% this week, down from 5.93% the prior week.

Fixed-rate mortgage 441

Fixed-rate mortgage Mortgages MLS Loans 441

Housing Wire

MARCH 15, 2024

Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule. You should be finding buyers before real estate agents anyway.”

Industrial 504

Industrial Seller concession Purchase and sale agreement Agents 504

Housing Wire

SEPTEMBER 7, 2023

A slight cooling in mortgage rates wasn’t enough to keep mortgage applications from sinking to a 28-year low. 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. 7, down from last week ’s 7.18%.

Mortgages 450

Mortgages Fixed-rate mortgage Marketing MLS 450

Housing Wire

JANUARY 30, 2024

“Home price growth continued to accelerate through the winter and registered solid monthly gains despite a mortgage rate surge before the Fed December meeting which weighed heavily on already existing affordability challenges,” CoreLogic chief economist Selma Hepp said in a statement. in September to 7.8% by the end of November.

Mortgages 432

Mortgages MLS Marketing Sales 432

RIS Media

MAY 14, 2024

Bright MLS, which covers the mid-Atlantic regions of the eastern United States, has published its latest report chronicling changes (and continuity) in the region’s housing markets. “More… The post Bright MLS Releases Latest Mid-Atlantic Housing Update appeared first on RISMedia.

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MLS Mortgages Marketing As-is 121

Housing Wire

APRIL 10, 2024

in June 2022, but it is not down far enough for the Federal Reserve to begin cutting interest rates,” Bright MLS Chief Economist Lisa Sturtevant, said in a statement. in June 2022, but it is not down far enough for the Federal Reserve to begin cutting interest rates,” Bright MLS Chief Economist Lisa Sturtevant, said in a statement.

Industrial 458

Industrial Mortgages MLS As-is 458

Housing Wire

JUNE 3, 2024

Roof AI , an artificial intelligence -powered sales assistant that helps real estate and mortgage companies generate revenue across their business units, announced the integration of OpenAI ’s technology into its system, significantly boosting its capabilities. We chose Roof AI for its seamless integration with the MLS.

Technology 441

Technology Sales Pre-approval MLS 441

Housing Wire

APRIL 5, 2024

“Some had been hoping that the Federal Reserve would cut interest rates at its June meeting; however, with today’s strong jobs report, it is all but certain that the first rate cut won’t be before July,” Bright MLS chief economist Lisa Sturtevant said in a statement. “As The job openings rate was steady at 5.3% million and a rate of 2.2%

Industrial 348

Industrial Mortgages Construction MLS 348

Housing Wire

SEPTEMBER 14, 2023

Mortgage rates inched back up this week and remain anchored north of 7% as investors focus on the impact of rising headline inflation ahead of next week’s Fed rate decision. By contrast, the 30-year fixed-rate mortgage was at 6.02% a year ago at this time. Other indices showed different mortgage rates this week.

Mortgages 432

Mortgages Fixed-rate mortgage Investor MLS 432

Housing Wire

AUGUST 31, 2023

Mortgage rates ticked down modestly after job openings data for July came out yesterday, but rates remain elevated. 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. Other indices showed lower mortgage rates.

Mortgages 421

Mortgages Fixed-rate mortgage MLS Loans 421

Housing Wire

OCTOBER 12, 2023

Mortgage rates kept climbing for the fifth consecutive week, bringing average year-over-year rates 60 basis points higher. 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.

Fixed-rate mortgage 421

Fixed-rate mortgage Mortgages MLS Investor 421

Housing Wire

JULY 6, 2023

Mortgage rates jumped this week as investors grapple with persistent positive economic data and a hawkish Fed. 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%.

Mortgages 384

Mortgages Construction New Construction Investor 384

Housing Wire

FEBRUARY 15, 2023

Expectations that high inflation may persist for longer than previously projected put pressure on mortgage rates last week. The latest Mortgage Bankers Association (MBA) survey showed that mortgage loan application volume declined 7.7% Compared to the same week last year, mortgage apps are down 57%. the previous week.

Mortgages 384

Mortgages Fixed-rate mortgage Loans MLS 384

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. The post Mortgage Coach integrates with Insellerate appeared first on HousingWire.

Mortgages 397

Mortgages Loan Officer Loans MLS 397

Housing Wire

MARCH 2, 2023

Mortgage rates are surging again due to sustained economic growth and continued inflation, eclipsing 7% on Thursday. The 30-year fixed-rate mortgage on Thursday, March 2 touched 7.10% , up 16 basis points from 6.94 Lower mortgage rates back in January brought buyers back into the market. on Wednesday.

Mortgages 441

Mortgages Fixed-rate mortgage Equity MLS 441

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 466

Mortgages Fixed-rate mortgage MLS Loans 466

Housing Wire

AUGUST 10, 2023

The 30-year fixed mortgage rate continued its upward trajectory for the third consecutive week, rising to 6.96%, according to Freddie Mac. According to Lawrence Yun, chief economist and senior vice president of research at NAR , “mortgage rates are likely to be past their peak and on the way downward.”

Fixed-rate mortgage 370

Fixed-rate mortgage Mortgages New Construction Loans 370

Housing Wire

JUNE 11, 2024

” The limitation would have been problematic since, according to the NAR settlement agreement, listing brokers will not be allowed to make blanket offers of cooperative compensation to a buyer’s agent on an MLS platform. .” She said that a circular would be issued while the agency is engaging in a formal rulemaking process.

VA loan 517

VA loan Loans Brokerage MLS 517

Housing Wire

JULY 13, 2023

Mortgage rates continued rising for the third consecutive week, increasing to 6.96%, the highest level since November 2022. The uptick in mortgage rates came amid positive inflation news – the consumer price index rate showed cooling prices in June, rising just 3.0% Other mortgage indexes show rates ticking down.

Mortgages 370

Mortgages Closing MLS Loans 370

Housing Wire

JANUARY 11, 2024

Called Clareity Assure, the new, upgraded security platform is available to any MLS concerned about vulnerabilities in its listing data. Security is one of the top issues on the minds of every MLS leader today,” Shaleen Khatod, executive of enterprise strategy and initiatives for CoreLogic , said in a statement. million.

MLS 427

MLS Title Banks Industrial 427

HomeLight

MAY 8, 2024

Selling a house “as is” in Louisiana? Whether you’ve got a fixer-upper or recently inherited a relative’s home, sometimes you may just want to skip repairs, get a fair cash offer for your property, and move on. If you’re selling a house “as is” in Lousiana, we’ve got you covered. No Is a real estate attorney required?

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As-is Inspection Finance Residential 91

Housing Wire

MAY 21, 2024

Michelle Corridon, deputy policy director at the VA, announced at the Mortgage Bankers Association ‘s Secondary & Capital Markets Conference in New York that the circular would be issued between now and June 12. The circular would be issued while the agency engaged in a formal rulemaking process.

VA loan 517

VA loan Agents MLS Loans 517

Housing Wire

AUGUST 25, 2022

Did you just begin your career as a mortgage loan officer and need the answers to questions you didn’t even know you had? The housing market has changed drastically over the past few years, from sky-high home prices to fluctuating mortgage interest rates and a shift to the purchase market, it can be hard to reach homebuyers.

Loan Officer 384

Loan Officer Loans Mortgages MLS 384

Housing Wire

DECEMBER 20, 2023

“The latest weakness in existing home sales still reflects the buyer bidding process in most of October when mortgage rates were at a two-decade high before the actual closings in November,” NAR Chief Economist Lawrence Yun said in a statement. “A A marked turn can be expected as mortgage rates have plunged in recent weeks.”

Sales 431

Sales Fixed-rate mortgage MLS Mortgages 431

Housing Wire

JUNE 4, 2024

NAF Cash , a subsidiary of multichannel mortgage lender New American Funding (NAF), announced on Tuesday the availability of a tool called NAF Cash Maps that aims to offer data on trends related to all-cash home purchases. Through NAF Cash, the lender purchases the buyer’s chosen home upfront with cash.

Finance 409

Finance MLS Investor Design 409

Housing Wire

FEBRUARY 29, 2024

The softening in sales was primarily a factor of wintry weather rather than declining demand, according to Bright MLS chief economist Lisa Sturtevant. However, the timing and number of purchases will largely depend on the prevailing mortgage rates and inventory availability.” Pending home sales dropped 4.9% in December.

Sales 431

Sales MLS Mortgages As-is 431

Housing Wire

SEPTEMBER 25, 2023

Data provider Curinos partnered with Polly , a software-as-service mortgage technology firm, aimed to support lenders’ effective margin decisions. “Our partnership will enable clients to seamlessly analyze their market position and support effective margin decisions without leaving their pricing engine.

MLS 388

MLS Technology Lending Mortgages 388

Housing Wire

JUNE 11, 2024

AI is quickly gaining momentum in the mortgage and real estate spaces. Seattle -based proptech company Flyhomes announced Tuesday that it has acquired the assets of startup ZeroDown and is launching an artificial intelligence (AI)-powered home search portal to bring “conversational real estate search and research to the market.“

Technology 425

Technology Design Agents MLS 425

Housing Wire

MARCH 28, 2024

The National Association of Realtors (NAR) and the Mortgage Bankers Association (MBA) are asking federal housing officials to confirm their treatment of interested party contributions (IPCs) to home purchase transactions. Sellers or buyers can pay the buyer’s agent’s fees.

VA loan 450

VA loan Closing costs MLS Loans 450