Housing Wire

SEPTEMBER 22, 2022

Mortgage rates have nearly doubled to around 6.5% Following the Fed’s decision to raise interest rates by an additional 75 basis points on Wednesday, the central bank said it will hike rates as high as 4.6% Before the Federal Reserve raised the federal funds rate by 0.75

Mortgages 401

Mortgages Loan Officer Pre-approval Fixed-rate mortgage 401

Marco Santarelli

SEPTEMBER 22, 2023

An increase in the number of new housing developments and construction projects : An oversupply of homes can lead to a decline in demand and a drop in prices. their mortgage balance is greater than the value of their home) may be more likely to default on their mortgages. Q4: What causes a housing bubble to burst?

Pre-approval 98

Pre-approval Fixed-rate mortgage Lending Equity 98

Realty Biz

MARCH 30, 2023

There are fixed-rate mortgages, adjustable-rate mortgages, hybrid loans, reverse mortgages, and FHA loans that all come with varying interest rates. To get the best rate for your situation, be sure to look closely at each type of mortgage.

Mortgages 102

Mortgages Pre-approval Pre-qualification Due diligence 102

The Close

DECEMBER 29, 2022

If your clients are concerned about getting approved for a loan, you can remind them that a co-borrower agrees to back the borrower in a mortgage loan. Construction loan. It’s kind of like a fixed-rate mortgage and an adjustable-rate mortgage had a baby. Contingency. Related Article.

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98

Marco Santarelli

AUGUST 2, 2020

Let us continue to explore the housing market trends — from pre-COVID-19 days until July. It seems they want to cash in on the opportunity to purchase their favorite properties amid a historically low-interest rate of 3.3 percent on a 30-year fixed-rate mortgage. The month's supply of inventory dropped by 11.5

Marketing 142

Marketing Sales Pre-approval Investor 142

Toronto Realty Blog

DECEMBER 14, 2022

October 19th, 2022, I wrote, “Should Tenants Be Pre Approved For Candidacy?” Instead of showing a condo, gathering supporting documents, and submitting an offer to lease, agents are sending supporting documents first , to ask if their tenants would be “approved.” Blink, and we’ll be there.

Development 81

Development Purchase and sale agreement As-is Marketing 81