Housing Wire
MARCH 20, 2024
Reverse mortgage industry veteran Tane Cabe recently left his position at Fairway Independent Mortgage Corp.’s s reverse division to transition back into a role as a reverse mortgage broker. People are interested in getting reverse mortgages and talking about them,” he said. I really do like that,” Cabe said.
Housing Wire
DECEMBER 22, 2023
New home sales missed sales estimates , but the builders’ stocks have been roaring higher. Mortgage rates rising to 8% in October impacted the data line, which I spoke about on CNBC recently. Also, new home sales are notorious for big positive and negative prints that tend to get revised. What gives? This is 12.2
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Housing Wire
MAY 22, 2024
Dallas -based Certainty Home Lending , an affiliate of Guaranteed Rate , named Shadi Kamran as its new national business development executive. Kamran is based in Los Angeles and will support Certainty’s strategy and sales performance. He also held various executive positions at Bank of America for 16 years. “We
Housing Wire
FEBRUARY 13, 2024
Mortgage tech firm TRAiNED Inc. hired two executives as it looks to take the company to its next phase of development. TRAiNED named Mark Cunningham, a co-founder of Sales Boomerang , as its new CEO. It also hired Arend de Jong , co-founder and former chief financial officer of Sales Boomerang, as CFO, the company announced.
Housing Wire
MAY 23, 2024
New home sales missed estimates , showing that demand isn’t crashing but not growing much either. However, we need to keep an eye on the housing construction data in this report because it has huge implications for the economic cycle, our recession risk and mortgage rates. months at the current sales rate. Today, even with 9.1
Housing Wire
MAY 20, 2024
The proportion of newly built homes for sale in the U.S. of single-family homes for sale in the first quarter, virtually unchanged from a year earlier and down slightly from a peak of 34.5% Remote work and historically low mortgage rates made it particularly attractive to buy a home. two years ago. Census Bureau and the U.S.
Housing Wire
AUGUST 23, 2023
Builders are taking advantage of the housing market inventory issues , which is why new home sales are growing yearly, even with higher mortgage rates. Census Bureau and the Department of Housing and Urban Development. While existing home sales are still negative year over year, new home sales are growing year over year.
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