Housing Wire

APRIL 13, 2022

Mortgage application volume dropped 1.3% for the week ending on April 8, from the previous week, as mortgage rates eclipsed the 5% mark. Refinance applications fell 5% from the prior week and 62% from the same week a year ago, according to the Mortgage Bankers Association ‘s weekly survey. “Mortgage rates have spiked more than 1.5 percentage points thus far in 2022,” Mike Fratantoni, MBA’s senior vice president and chief economist, said in a statement.

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Mortgages Residential Sales Loans 516

Keeping Current Matters

APRIL 13, 2022

There’s never been a truer statement regarding forecasting mortgage rates than the one offered last year by Mark Fleming, Chief Economist at First American.

Mortgages 281

Mortgages Marketing 281

Housing Wire

APRIL 13, 2022

Phishing remains the go-to attack for hackers targeting the mortgage and real estate industries. Loan officers and mortgage executives alike continue to click on links in seemingly routine emails, ultimately giving bad actors complete access to lenders’ systems and mortgage transactions. Such mistakes can cost companies millions of dollars and expose sensitive data from millions of customers.

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Industrial Mortgages Title Loan Officer 476

Eye on Housing

APRIL 13, 2022

According to the latest Producer Price Index (PPI) report released today by the Bureau of Labor Statistics, the prices of goods used in residential construction ex-energy (not seasonally adjusted) climbed 1.4% in March, following an upwardly revised increase of 2.2% in February and 4.1% in January. This adds up to an 8% jump in building materials prices since the start.

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Residential Construction 135

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Housing Wire

APRIL 13, 2022

In this HW+ Slack Q&A , HousingWire Lead Analyst Logan Mohtashami gives the inside scoop on where rates are headed, his insights on the latest economic reports and more. As a member of HW+, you can us join for regular 30-minute Slack Q&As, where we invite the HW Media newsroom to break down the hottest topics in the industry. The Q&A was hosted in the HW+ Slack channel, which is exclusively available to members.

Mortgages 476

Mortgages Marketing Construction As-is 476

Lighter Side of Real Estate

APRIL 13, 2022

Whether you sold a home in the past few years or not, you’re probably well aware that houses have been selling fast, with multiple offers, and over asking price. But everyone also knows it can’t always be like that. The real estate market is cyclical, and we’ve seen a favorable market for sellers for quite a while now. So at some point it will likely shift in favor of buyers, at least to some degree.

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Agents Marketing As-is 134

HomeLight

APRIL 13, 2022

Since the pandemic, everyone’s looking at outdoor living spaces through a new, more appreciative lens. Taking things outside helped us survive the worst COVID waves, and the habit isn’t going anywhere. If the weather cooperates, why not work, host the party, or enjoy a meal in the fresh air? “It’s really important to maximize your outdoor space. People want higher quality furniture and higher quality design,” says Kiel Wuellner , vice president of design for Los Angeles-based Vesta, which specia

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Staging Design Agents As-is 124

Housing Wire

APRIL 13, 2022

With interest rates on the rise, refis trending downwards and a significant decrease in purchase volume brought on by low inventory, mortgage lenders are looking for smart solutions to combat margin compressions in 2022 and beyond. HousingWire recently spoke with Maylin Casanueva, President of Teraverde, about the importance of data-driven decision making and the power insightful data can have on the overall health of a lender’s business.

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Lending Loans Mortgages As-is 418

Brownstoner

APRIL 13, 2022

Spend a week exploring and supporting the independent bookstores of the borough with the return of the Brooklyn Bookstore Crawl. On hiatus during the pandemic, the event is back as a lead-up to the annual Independent Bookstore Day. More than 20 bookstores are participating in the event, which runs from April… Read More > The post Get Ready to Snap Up Some Books With the Return of the Brooklyn Bookstore Crawl appeared first on Brownstoner.

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As-is 119

Housing Wire

APRIL 13, 2022

Each year, HousingWire recognizes the outstanding women in housing who are making notable contributions to both their businesses and to the industry at-large. Last year’s list of nominations were so robust that we expanded the number of honorees from 50 women to 100 women for the first time ever. The 2021 honorees persevered despite the drastic impacts that the pandemic had on women in corporate American, particularly executive women.

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Loan Officer Mortgages Loans Industrial 397

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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Lighter Side of Real Estate

APRIL 13, 2022

It’s tough to land listings in any market, but when you’re smack dab in the middle of a market with low inventory, they’re like lassoing a unicorn under a rainbow. You could go with the all-too-common advice of hitting up FSBO’s, or calling on expired listings, but so is every other agent out there. Sitting open houses and waiting for someone who needs to sell their house to stroll in might work, but good luck having a house to even hold open.

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Marketing Land Branding Sales 113

Housing Wire

APRIL 13, 2022

Title insurance protects borrowers from financial loss if the lender discovers a defect in the title to the property (for example, a previous mortgage) and demands a borrower to pay back the loan. Title insurance also guards against loss in the event that someone makes a valid claim to take possession of a borrower’s home; not because they don’t own it, but because they have an earlier legal right to do so.

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Title Lending Closing Closing costs 397

The Mortgage Report

APRIL 13, 2022

Mortgage rates are on the rise. Will this curb home buyer demand and help lower prices? Listen on The Mortgage Reports Podcast.

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Mortgages 111

Toronto Realty Blog

APRIL 13, 2022

TorontoRealtyBlog. On Monday morning, I began the arduous task of sorting through a week’s worth of mail that had piled up and been left by my lovely wife in my home office. Mail, eh? How could there be so much when we don’t really even use mail anymore? More than a dozen flyers – several from politicians, since it’s that time of year, a beautiful letter from a Harvey Kalles real estate agent offering to buy my home, and a ridiculous amount of T5’s and T5013’

Construction 111

Construction Renovation Development As-is 111

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The Mortgage Report

APRIL 13, 2022

Today’s mortgage and refinance rates Average mortgage rates fell yesterday, and by a worthwhile amount. However, it was smaller than Monday’s rise and less than half the combined increases over […].

Mortgages 111

Mortgages 111

Sotheby's International Real Estate

APRIL 13, 2022

Featuring curated videos from the most sought-after destinations the world over, discover this week’s Video of the Week. ?. Brisbane, Queensland, Australia | Tyson Clarke, Queensland Sotheby’s International Realty. Curated for the connoisseur who appreciates life’s finest luxuries and nestled atop Hamilton’s crowning glory, Gallery House, arguably Brisbane’s most exquisite penthouse is ready to illuminate your senses.

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Realty Biz

APRIL 13, 2022

You’ve finally arrived and can retire after a lifetime of sacrifices and hard work professionally, it’s time to relax, travel, pursue hobbies, and visit grandchildren. But retiring also implies downsizing so that things are more manageable including your finances because your retirement check won’t be as large as your former paycheck. With longer lifespans, a pension, social security, and savings will rarely match a previous full salary, and this can mean added financial pressure.

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Principal Closing costs As-is Closing 104

The Close

APRIL 13, 2022

A real estate agent bio is a crucial part of your marketing strategy and professional branding. An effective real estate bio sums up who you are and your value proposition—telling buyers and sellers why they should want to work with you. A well-crafted real estate bio can mean the difference between a lost lead and a new client. In this article, we offer a host of great tools to help you write a new bio, including our exclusive, mad-libs-style bio generator, three free real estate bio templates,

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Agents Brokerage Branding Closing 98

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As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

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Brownstoner

APRIL 13, 2022

There is plenty of space and detail to be found in this Ditmas Park standalone, with seven bedrooms and original woodwork and mantels. The single-family also has space on the exterior with a front porch for lounging, front and rear yards, and a driveway and garage. At 466 East 17th… Read More > The post Ditmas Park Colonial Revival With Mantels, Wraparound Porch, Garage Asks $3.195 Million appeared first on Brownstoner.

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Marketing 98

RIS Media

APRIL 13, 2022

It’s no secret that a gallon of milk costs more today than it did just a few years ago or that you’re paying more at the pump today than you were even yesterday. But although prices for every good and service have continuously risen over the last 50 years, home-price hikes have taken the lead—increasing 1,608% since 1970, a new report points out.

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Banks Mortgages Marketing Industrial 98

Brownstoner

APRIL 13, 2022

In the News A Rise in Murders Upends a Sense of Progress in Brooklyn’s East Flatbush [NYT] ‘Things Can Change So Quickly:’ Sunset Park Reacts to Subway Shooting [BP] Photos: Deno’s Wonder Wheel Amusement Park Opens for 102nd Season [BP] Brooklyn Subway Shooting: Person of Interest Identified [amNY] Juneteenth Recognized as Paid New York… Read More > The post Daily Links: City on Edge After Sunset Park Subway Attack appeared first on Brownstoner.

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RIS Media

APRIL 13, 2022

As of January, 3.3% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 2.3 percentage point decrease compared to January 2021, when it was 5.6%. This is according to CoreLogic’s monthly Loan Performance Insights Report for January 2022, released this week. This again marks the lowest recorded overall delinquency rate in the U.S. since at least January 1999.

Mortgages 98

Mortgages Staging Loans Equity 98

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Agents

Realty Biz

APRIL 13, 2022

Reports have emerged from real estate firms that some sellers have been lowering their asking prices, in the first sign that buyers may finally be getting a break in the red-hot housing market. That’s according to a report from realtor.com last week, cited by CNBC. It said new listings the previous week rose 8% from a year earlier, following four straight weeks of annual declines.

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Marketing Residential Mortgages Finance 97

RIS Media

APRIL 13, 2022

REALTORS® are always on the move—encourage your agents to take NAR along with them. Share the new Drive With NAR podcast with them today, available at magazine.realtor/drive or on all major podcast platforms. Commemorate Fair Housing Month. Strengthen your commitment to fair housing with premier, free and discounted resources available this month, only through Right Tools, Right Now.

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Agents Technology Industrial 98

Properties Online

APRIL 13, 2022

As rates begin to shoot upward, many homebuyers have been feeling pressure to close the deal fast, and for a low price that they can still afford. In March, average interest rates climbed to 4.72% for the week ending April 8, according to Freddie Mac. This is the highest level mortgage rates have seen since… Read More » Rising mortgage rates and the impact on real estate markets.

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Mortgages Marketing Closing As-is 96

RIS Media

APRIL 13, 2022

A fully stocked house with must-have cleaning essentials creates less stress during any unexpected messes and will help you clean the house faster and more efficiently. Whether you’re moving into a new home or you’re taking inventory of your existing supplies, there are some cleaning supplies that no home should be without. Read on for the cleaning essentials every home should have. .

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As-is 98

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Real Trends

APRIL 13, 2022

The Canadian Real Estate Association has announced a pilot project that will display real-time tracking of offers on REALTOR.ca listings, according to statement released last week. To power this capability, the CREA will integrate Openn Offers , an Australian offer management software provided by property technology company Openn Negotiations , with REALTOR.ca.

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Technology Development Marketing As-is 95

RIS Media

APRIL 13, 2022

The impacts of elevated inflation have been felt throughout the U.S. for months, with spikes in the price of groceries and what consumers are spending at the pump is straining millions of people’s wallets. According to recent reports from the U.S. Bureau of Labor Statistics (BLS), the nation’s inflation rate has jumped once again, setting another 40-year record.

Mortgages 98

Mortgages Sales Marketing Industrial 98

BubbleInfo

APRIL 13, 2022

I suggested that mortgage rates should settle into the 4.75% to 5.50% range, and Bill at CR thinks the range will be 5.0% to 5.7%. Today’s rates are in the low 5s, so we have arrived and buyers should not feel the need to hurry up – but it will be bumpy over the next […].

Mortgages 93

Mortgages Loans 93

RIS Media

APRIL 13, 2022

Mortgage applications decreased 1.3% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 8, 2022. Key findings: The Market Composite Index, a measure of mortgage loan application volume, decreased 1.3% on a seasonally adjusted basis from one week earlier.

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Fixed-rate mortgage Mortgages Loans Sales 98

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