Housing Wire

APRIL 4, 2025

Principal agents and closed loan sellers can ask their LOS administrator to add it to their available product menu, the company said. But the variations available to brokers and principal agents differ. Other lenders active in the proprietary space include University Bank , Smartfi Home Loans and Nationwide Equities.

Mortgages

Housing Wire

JULY 1, 2025

Name Job Title Company Name Abigail Williams Chief Legal Officer Lima One Capital Alexandra Lumpkin Chief Legal Officer The Real Brokerage Ali Haralson President Auction.com Alison Adams Grey Chief of Staff LPT Realty Amy Adams National Real Estate Expert The CE Shop Amy Butler Executive Vice President, National Sales Northpointe Bank Amy Creason Co-founder (..)

Title

Housing Wire

JANUARY 14, 2025

If you live in one those states, leveling up your career might mean studying to become a Managing Broker or Principal Broker. Open bank and trust accounts Next, you’ll need to set up all the necessary business banking accounts and Trust accounts. This will be used in your marketing and branding, so be sure its polished.

Brokerage

Housing Wire

NOVEMBER 15, 2024

“Our scalable tech platform is what empowers us to navigate dynamic markets with agility. ” Rocket’s strategic expansion into the mortgage servicing arena —where it boasts an eye-popping 85% recapture rate—also represents more than just a simple revenue hedge against a still-choppy originations market.

Mortgages

Housing Wire

JUNE 10, 2025

While that work is focused on the reverse mortgage market, many of the cited factors and product availability findings are transferable when it comes to assessing the availability of senior-focused product offerings. “We So retirees can live more comfortably, not more cautiously.” The product does not include a preset maturity date.

Equity

Housing Wire

JULY 2, 2025

Robertson compares this model to commercial banking, where lenders account for asset value swings with thresholds that require borrowers to post additional collateral. “I Because we really don’t know what happens to those assets six months from now or a year from now.” I think you might see a more conservative approach on the valuation.

Mortgages

Housing Wire

APRIL 22, 2025

. “PennyMac Financial delivered solid first quarter financial results, demonstrating our ability to consistently generate strong returns in a volatile market, Pennymac chairman and CEO David Spector said in a statement. billion in unpaid principal balance, down 19% from the prior quarter and up 33% from Q1 2024. ”

Principal

Housing Wire

APRIL 1, 2025

The current reverse mortgage industry market leader, Mutual of Omaha Mortgage , announced on Tuesday that it has launched a new proprietary reverse mortgage product, with initial availability in California and Florida. It will also exclude broker-network borrowers from the companys outbound marketing campaigns.

Mortgages

The Close

NOVEMBER 7, 2024

Key Takeaways: Take your time to research the market before you invest. This plan should outline your strategy, goals, target markets, and types of investments. Analyzing market trends and competitive positioning is also essential. Real estate investment trust (REIT): REITs are paper assets that trade on the stock market.

Hard money loan

The Close

NOVEMBER 25, 2024

However, returns will vary depending on the location, property values, and the current real estate market conditions. This means picking the proper legal structure, like an LLC, registering your business, and setting up separate bank accounts. It’s common for flippers to aim for an ROI of 20%.

House Flipping

Housing Wire

AUGUST 4, 2025

A press release from the companies said that the deal unites “two of the industry’s market leaders.” MCS is the right fit and the right partner, and this will allow our clients to benefit from an expanded vendor network and technology that supports many of the largest banks and servicers in the country.

Principal

Marco Santarelli

JANUARY 1, 2025

As the Fed adjusts its rate in response to economic conditions, those changes ripple through the lending market. Although the Fed lowered rates recently, market sentiment suggests future hikes could keep mortgage rates elevated. Lets explore how the current 7.01% mortgage rate affects a common loan amount, like $340,000.

Mortgages

The Mortgage Report

JUNE 17, 2025

Start here Should you keep your down payment in a savings account or try to grow it in the market? Putting your money in a high-yield savings account, CD, or money market account is a low-risk way to save for a down payment while still earning some interest. Check your current home buying options.

FHA 203k rehab loan

Redfin

MARCH 5, 2025

Below are some of the best ways to find an affordable home without breaking the bank. It suggests your mortgage payment should be no more than 28% of your gross monthly income , covering principal, interest, taxes, and insurance. Additionally, these homes often face less competition, giving you an edge in a market with high demand.

Debt-to-income ratio

Rochester Real Estate

NOVEMBER 5, 2015

PITI stands for principal, interest, taxes, and insurance, which are the critical components of your monthly mortgage payment. PITI, an acronym for principal, interest, taxes, and insurance, represents the major components of your monthly mortgage payment. Let’s delve into what PITI entails and how it impacts your mortgage.

Debt-to-income ratio

Marco Santarelli

DECEMBER 26, 2024

Adjustable-Rate Mortgages (ARMs) These mortgages have a fixed initial rate for a certain number of years, after which the rate adjusts periodically based on market conditions. If the economy is doing well (for instance, low unemployment), mortgage rates may rise to maintain a balance in the market.

Mortgages

Marco Santarelli

APRIL 12, 2025

As of April 12, 2025, mortgage rates have seen a noticeable increase , reflecting the current volatility in the market. Today's Mortgage Rates – April 12, 2025: Rates Rise Amid Market Volatility Key Takeaways Mortgage Rates Increased: As of April 12, 2025, the 30-year fixed rate stands at 6.90%. in 2025.

Mortgages

Marco Santarelli

MARCH 6, 2025

It was a crazy time everyone was refinancing, and the housing market went absolutely bonkers. That's a massive jump, and it understandably threw a bucket of ice-cold water on the housing market. The central bank even started to hint at potential rate cuts. Is Now the Right Time to Jump into the Market?

Mortgages

Marco Santarelli

APRIL 29, 2025

The Bond Market: Mortgage rates tend to follow the ups and downs of the bond market, especially the 10-year Treasury yield. For instance, macroeconomic factors kept the mortgage market relatively low for much of 2021, and the Federal Reserve had been buying billions of dollars of bonds in response to the pandemic's economic pressures.

Mortgages

AAOA

AUGUST 7, 2025

Multifamily Bridge Loans: What Real Estate Investors Need to Know In today’s competitive market, real estate investors often need fast, flexible finance solutions to secure deals. While they typically come with a high interest rateand shorter repayment terms, they also provide speed and adaptability that can be crucial in hot markets.

Investor

Redfin

JUNE 13, 2025

Still, each home purchase is different, the market may look very different, and your goals might have shifted. Market conditions may be different Even if your first home purchase was recent, the housing market could have shifted dramatically. In a buyer’s market : There are more homes available than buyers looking to purchase.

Debt-to-income ratio

Marco Santarelli

JULY 8, 2025

For example, a smaller, regional bank might be more aggressive with its rates to gain market share in its local area compared to a national giant. As someone who has followed the housing market for years, I’ve seen firsthand how these factors shift and change over time, leading to fluctuating rate differences between states.

Mortgages

Marco Santarelli

MARCH 18, 2025

The Federal Reserve (also known as the Fed) is the central bank of the United States. One of the ways the Fed influences the economy is by setting the federal funds rate, which is the interest rate at which banks lend money to each other overnight. The Fed is not expected to cut the federal funds rate at this particular meeting.

Mortgages

Redfin

JULY 24, 2025

Reduces the mortgage principal, leading to lower monthly payments and total interest over time. Think of it this way: the less money you have to take out as a loan, the smaller the principal amount that your bank calculates your payments on. Imagine putting down 20% or even 30% on a home, only for the market to dip sharply.

Principal

Marco Santarelli

MARCH 20, 2025

As of March 20, 2025, the mortgage market is showing a slight upward tick , with rates inching up for the second consecutive week. The Federal Reserve's Influence: The Federal Reserve (also known as “The Fed”), the central bank of the United States, has a powerful influence on mortgage rates through its monetary policy decisions.

Mortgages

Marco Santarelli

MARCH 27, 2025

Conversely, an adjustable-rate mortgage (ARM) offers an initial period with a fixed interest rate, after which the rate adjusts periodically based on prevailing market conditions. housing market. Housing Market: The dynamics of the housing market, including supply and demand, can also influence mortgage rates.

Mortgages

Marco Santarelli

APRIL 1, 2025

If you're in the market to buy a house or thinking about refinancing, there's some welcome news to kick off April. Today's mortgage rates, on April 1, 2025, are showing a decrease , offering a bit of relief for those watching the market closely. Labor Market Data: The health of the job market is another crucial indicator.

Fixed-rate mortgage

Redfin

JULY 30, 2025

On top of that, it’s also smart to check your local housing market trends and mortgage interest rates. A shorter mortgage term will result in a higher monthly payment since you’ll be paying off the principal balance faster. Your mortgage rate will not change, regardless of market rates rising or falling.

Pre-approval

Marco Santarelli

APRIL 27, 2025

For many, especially given the current market conditions centered around high borrowing costs, yes , buying a home with cash in 2025 presents a remarkably strong position, offering distinct advantages that financed buyers just can't touch, though like any big financial move, it requires careful consideration of your own situation.

Finance

Marco Santarelli

MARCH 17, 2025

If you're in the market to buy a home or thinking about refinancing, you're probably wondering what's happening with interest rates. Let's look at an example provided by Zillow: For a $300,000 mortgage at 6.59% with a 30-year term, your monthly payment for principal and interest alone would be around $1,914.

Mortgages

AAOA

MAY 22, 2025

But heres the truth, you absolutely can buy an apartment , and you dont need millions in the bank to make it happen. Know Your Market Youve probably heard the phrase location, location, location. The local market is extremely important. So how do you know if a market is worth investing in? Dont stop at the city level.

Due diligence

AAOA

JULY 10, 2025

None of the units stack,” says David Fuchs, principal at Johnston Architects, which designed the building. Because of that, it made sense to have the families pay market-rate rent and then separately earn investment income from the building. Initially, the concept was a tough sell to banks.

Investor

Marco Santarelli

JUNE 17, 2025

This rate shows no change from the previous week, indicating a period of stability in the housing finance market. Today's Mortgage Rates – June 17, 2025: Stable Rates Ease Pressure on Homebuyers Current market conditions reflect a cautious optimism. Additionally, the average 15-year fixed mortgage rate remains steady at 6.01%.

Mortgages

Marco Santarelli

AUGUST 1, 2025

If you are wondering about the factors that affect mortgage rates, here is a list: The Bond Market: Keep an eye on the 10-year Treasury yield. If You're Buying Now: It's a tough market, but relief might be on the way. Check with Multiple Lenders: Banks, credit unions, online lenders – get quotes from a variety of sources.

Mortgages

Marco Santarelli

FEBRUARY 26, 2025

That's just principal and interest; it doesnt include property taxes, homeowners insurance, or potentially private mortgage insurance (PMI) if you don't have a 20% down payment. That's why the advice from many in the know is to be ready to act if you're in the market to buy or refinance. Don't try to time the market perfectly.

Mortgages

Marco Santarelli

JUNE 28, 2025

Understanding what influences these rates can help you when entering the market. This amount includes principal, interest, property tax, and homeowners insurance, typical of fixed monthly payments. Key factors in these predictions include the overall health of the housing market and the economic recovery journey.

Mortgages

Marco Santarelli

JUNE 16, 2025

In pricier states (like California), where loan sizes are bigger, lenders might adjust rates to reflect perceived risk or different market dynamics. Here's the breakdown: Principal & Interest: $2,264.38 Market Conditions: Are homes overpriced in your area? Is there a risk of the market cooling down?

Mortgages