Housing Wire

FEBRUARY 5, 2024

Recent market trends — including an improvement in mortgage rates, housing affordability and potential refinance opportunities — suggest positive signs for the real estate market this year, according to February’s Mortgage Monitor report from Intercontinental Exchange (ICE). peak prior to the housing market downturn in 2006. “If

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Housing Wire

SEPTEMBER 27, 2023

And because their income didn’t keep up, lenders’ denials for a home loan jumped last year, according to a Consumer Financial Protection Bureau (CFPB) report released Wednesday. Higher costs and rates meant customers taking out mortgages in 2022 devoted a higher share of their income towards paying home loans.

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Housing Wire

FEBRUARY 28, 2024

Tom Davis, chief sales officer, Deephaven Mortgage Today’s market means that more borrowers have higher debt-to-income ratios, limited access to credit and are looking for alternative ways to get qualified for a mortgage. HousingWire: What factors are contributing to borrowers falling out of the Agency market?

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Housing Wire

MAY 4, 2022

This article is part of our housing market economic update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. Homes that reach the market sell quickly, bidding wars are the new normal and the investor share of sales continues to rise.

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Housing Wire

MARCH 14, 2023

million net new Hispanic homeowner households had been added to the market, accounting for 24.4% Latinos tend to be concentrated in larger cities and coastal markets where home prices are high, the report said. Since 2014, when homeownership rates among Latinos began increasing following the Great Recession, 2.3 Today, there are 9.2

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Housing Wire

JANUARY 4, 2022

Pontiac, Michigan-based United Wholesale Mortgage (UWM) capitalized on a booming private-label market in 2021 by sponsoring its inaugural securities transaction this past May, a prime jumbo deal involving 508 mortgages with an aggregate principal balance of $351.9 to 72% across the three deals in a market with fast-rising home prices.

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Housing Wire

NOVEMBER 7, 2023

This implies easing inflation next year, and mortgage rates near 6% would help affordability issues caused by two things: The inflation fight has fueled the mortgage rate spike Low inventory and a steady job market have put a floor on home prices The good news is that GSEs remain committed to loan approval guidelines that help in these tough cycles.

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Housing Wire

MARCH 20, 2024

Let’s delve into the potential negative consequences of diminishing or eliminating buyer representation, underscoring why this development matters more than ever in today’s real estate market. A drop in demand not only slows the market but can erode home equity, leaving homeowners with diminished assets.

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Housing Wire

MARCH 30, 2021

There is no nexus between the pandemic-related issues facing the mortgage market and replacement of the 2013 QM Rule with the 2020 General QM Rule, and the Bureau does not establish one in the Proposed Rule,” the HPC letter states.

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Keeping Current Matters

AUGUST 20, 2020

First, the housing market is in a much stronger position compared with a decade ago. Accompanied by more rigorous lending standards, the household debt-to-income ratio is at a four-decade low and household equity near a three-decade high. Bottom Line.

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Housing Wire

OCTOBER 21, 2020

The current rule provides safe harbor protection to lenders from potential litigation brought by borrowers for loans having debt-to-income ratios of 43% or less. So, by that logic, why not simply tie QM to processes used ubiquitously across the mortgage market, namely an automated underwriting scorecard?

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HomeLight

OCTOBER 28, 2024

Yes, there’s a lot to consider, but there are some simple financial, market, and life meters that can act as a litmus test to help set your course. You can check real estate websites or consult with a local agent to get an idea of average days on market and recent sale prices. Do you have profit-level home equity?

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Housing Wire

AUGUST 23, 2023

It is possible, said Garg, because of Tinman, a platform that interacts directly with the customer — meanwhile, in other platforms in the market, a human extracts information from borrowers, he said. In that time, the market, the industry and the consumer changed dramatically. How can Better succeed in a purchase market?

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Housing Wire

MAY 25, 2022

There’s no question that 2022 has seen serious changes to the housing market. In a housing market vastly different from the pre-pandemic period, how can industry professionals position themselves to achieve growth despite these current obstacles? That means getting acquainted with the challenges common to the non-QM market.

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HomeLight

APRIL 10, 2025

Timing the sale and purchase just right especially in a competitive market like Phoenix often adds extra pressure. Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. Your dream home just hit the market, and you want to move fast before its gone.

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Housing Wire

AUGUST 7, 2023

Since 2008, the number of private secondary mortgage providers has reduced dramatically, and those that remain in the market generally purchase jumbo loans from more affluent borrowers. Independent mortgage bankers use lines of credit to fund all of their loans and therefore must sell them promptly on the secondary mortgage market.

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HomeLight

APRIL 18, 2025

You might be curious if theres a way to access your homes equity for a down payment before it sells or if your only option is to move out and crash somewhere temporary while you house hunt. Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home.

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HomeLight

APRIL 9, 2025

Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. It gives you access to the equity in your existing home so you can cover a down payment and closing costs on your new purchase without waiting for your old house to sell. Why Move Twice?

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HomeLight

APRIL 10, 2025

Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. A bridge loan (sometimes called a swing loan or bridging loan) is a short-term loan that uses the equity in your current home to help you move forward with your next purchase. Why Move Twice?

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Housing Wire

AUGUST 26, 2024

The dynamic has led to a repositioning of players in the market. In the meantime, these companies could market other products, such as home equity loans, to borrowers in these portfolios. We’ve taken the opportunity to exercise our access to the capital markets, and raise a lot of money to ‘buy customers’ in bulk or in flow.

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HomeLight

DECEMBER 5, 2023

A bridge loan is your short-term financial bridge, designed to help you purchase that new home while your old one is still on the market. Here’s how it works: Your bridge loan, also known as a swing or bridging loan, leverages the equity you’ve built up in your current home. How does a bridge loan work in Connecticut?

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HomeLight

NOVEMBER 7, 2023

The balance of timing and funds becomes even more precarious when faced with a competitive housing market where inventory is scarce and prices seem to keep climbing. In simple terms, it’s a short-term loan that uses the equity in your existing home to help finance the new purchase. A bridge loan offers you a way to move forward.

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HomeLight

OCTOBER 25, 2023

If you are relying on the equity in your current home to make a down payment on the new one, it may seem the only way the puzzle fits together is to sell, move out, and find a third location to live while you shop for the new house. Your lender’s evaluation may involve crunching some numbers around your debt-to-income ratio (DTI).

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HomeLight

NOVEMBER 21, 2023

Navigating the real estate market in Pennsylvania, especially when you’re trying to coordinate the sale of your current home with the purchase of a new one, can be a challenging balancing act. Imagine it as a short-term lending solution that taps into the equity of your current home.

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HomeLight

NOVEMBER 30, 2023

Navigating the real estate market in Nevada can be a challenging journey, especially when you’re trying to sell your old home and buy a new one simultaneously. This balancing act of timing and funds becomes even more daunting in a market where inventory is low and prices are high.

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Realty Biz

APRIL 5, 2022

One of the frequently asked questions during today’s booming housing market is can I qualify for a mortgage during Chapter 13 Bankruptcy. Chapter 13 Bankruptcy is a court-approved debt repayment plan where their debts are restructured over a period of three to five years. Debt to Income Ratio on Manual Underwriting.

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HomeLight

NOVEMBER 29, 2023

Especially in today’s market, where inventory levels are low, and prices are soaring, aligning the timing and finances of both transactions can be particularly challenging. It leverages the equity in your current home, providing you with the necessary funds for a down payment and covering closing costs on your new property.

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Lighter Side of Real Estate

MAY 26, 2025

Depending on your profession, you may be eligible for surprisingly flexible mortgage termssometimes with low (or no) down payments, no PMI, and a more forgiving look at your debt-to-income ratio.

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HomeLight

DECEMBER 13, 2023

This can be especially tough as the San Diego market is plagued by notoriously low inventory and high prices. This allows you to utilize the equity from your existing property and streamline the transition into your new home without needing temporary housing. One important thing to consider is your debt-to-income ratio (DTI).

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HomeLight

DECEMBER 13, 2023

Balancing limited time and finances may feel impossible in a market where inventory is tight and prices continue to rise. Discover the Innovative Way to Buy Your Next Home Before Selling Your Current Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home.

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HomeLight

DECEMBER 15, 2023

Lining up the sale of your current home while trying to close the deal on a new one, particularly in a competitive market where inventory is low, may feel impossible. A bridge loan is a short-term financing solution, giving you the necessary income to purchase a new home, even before you’ve sold your current one.

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HomeLight

DECEMBER 29, 2023

This can be even more difficult in a market like Dallas, where inventory is scarce and prices are soaring. Discover the Innovative Way to Buy Your Next Home Before Selling Your Current Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home.

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HomeLight

DECEMBER 15, 2023

With rising prices in a market where homes are in high demand, timing your sale and purchase can be particularly challenging. Discover the Innovative Way to Buy Your Next Home Before Selling Your Current Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home.

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HomeLight

NOVEMBER 21, 2023

Navigating the real estate market in Minnesota can feel like a high-wire act, especially when you’re juggling the sale of your current home with the purchase of a new one. Enter the bridge loan, a financial lifeline that can synchronize the purchase of your new Minnesota home while leveraging the equity of your current property.

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HomeLight

NOVEMBER 17, 2023

This challenge intensifies in a market with low inventory and high prices, a common scenario for many Illinois homeowners. They enable you to purchase your new home before you’ve sold your current one, smoothing out the transition and alleviating the stress of timing in the real estate market. What is a residential bridge loan?

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HomeLight

DECEMBER 14, 2023

This can be a vital tool in a market like San Francisco, where every minute counts. Discover the Innovative Way to Buy Your Next Home Before Selling Your Current Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home.

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HomeLight

NOVEMBER 30, 2023

Buying and selling homes in Maine often involves a tricky balance of timing and funds, especially in a market with low inventory and high prices. Think of it as a short-term loan that taps into the equity of your current home, providing you with the necessary funds to make a down payment and cover closing costs on your new property.

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