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2024 is not the year to cut corners on staging — here’s why

Housing Wire

When it comes to home staging, there are two homeowner camps: those who think it’s a waste of money and don’t want to pay more to make their home more attractive to buyers and those who realize the worth and are willing to make the investment needed. As a listing agent , I pay for both a staging consultation and staging items as needed.

Staging 420
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U.S. mortgage delinquency rates remain near historic lows: CoreLogic

Housing Wire

In March 2024, the national delinquency rate for residential mortgages stood at 2.8% The data provider examined all stages of delinquencies to gain a complete view of the mortgage market and loan performance health. Early-stage delinquencies (mortgages 30 to 59 days past due) accounted for 1.5% in March 2023.

Mortgages 396
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HUD to double servicer fee on assumable mortgages

Housing Wire

According to Todman, the industry has been asking for years for HUD to be helpful on assumable mortgages, which “is a complex transaction that she has “come to understand that sometimes the juice is not worth the squeeze.” ” There was a “hue and cry,” Todman said.

Mortgages 382
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Industry vet launches new mortgage CE company, MLO Force

Housing Wire

Nathan Knottingham, COO at Vetted VA , announced the launch of a new mortgage continuing education provider, MLO Force , from the stage at HousingWire’s The Gathering this week. When I tell my friends and family that I produce mortgage continuing education for a living, they often assume it’s a boring job,” Jones said.

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Why are mortgage rates surging?

Housing Wire

Why are mortgage rates rising? The jobless claims data is my key 2023 economic data line for the bond market and mortgage rates because I don’t believe the Fed will pivot until the four-week moving average of jobless claims gets above 323,000. ” My answer: “Stop talking about raising rate at this stage with a hawkish outlook!

Mortgages 495
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Mortgage delinquencies near all-time low in July: CoreLogic

Housing Wire

mortgage delinquencies remained almost unchanged in July, nudging up 0.1 mortgage delinquencies remained near a record low in July, with the share of homes entering that status or progressing to later stages either unchanged or lower,” said Molly Boesel, principal economist for CoreLogic , in a news release. Overall U.S.

Mortgages 404
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Mortgage rates decline after Fed pauses hikes once more

Housing Wire

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 434