Real Trends

JANUARY 31, 2023

Working in the origination and real estate product and services space for more than 20 years, I have weathered the highs and lows of the industry. I know some of my colleagues and friends on the mortgage lending side also have experience and hindsight on their side.

Pre-approval 98

Pre-approval Fixed-rate mortgage Loans Mortgages 98

Redfin

JULY 11, 2023

The interest rate and term length determine the amount of your monthly payments. What are the different types of mortgages? When considering mortgage options, it’s important to understand the different types available. How does the mortgage pre-approval process work?

Pre-approval 59

Pre-approval Mortgages Pre-qualification Debt-to-income ratio 59

Realty Biz

SEPTEMBER 30, 2023

Seek professional advice: Working with a mortgage professional, such as a loan officer or mortgage broker, can provide valuable guidance. They can help you navigate the mortgage process and identify suitable options based on your financial situation and provide you with a pre-approval.

Finance 97

Finance Debt-to-income ratio FHA loan Mortgages 97

Toronto Realty Blog

JUNE 20, 2022

It’s impossible to satisfy every individual, every industry, and every market segment and/or participant. So what was it like “back in my day,” as some of our parents would say, when interest rates were sky-high? In the meantime, his mortgage pre-approval expired! Of course not.

Principal 97

Principal Fixed-rate mortgage Pre-approval Mortgages 97

Realty Biz

JULY 10, 2023

So while mortgage rates are still creeping ever higher, home buyers are still entering the market. Here’s what you need to know about what’s going on in the industry right now. There are a few reasons why home buyers are still active despite rising mortgage rates. from the same month last year.

Mortgages 60

Mortgages Pre-approval Sales Fixed-rate mortgage 60

Norada Real Estate

JUNE 22, 2022

Shortage of any of these factors could make you not pre-qualify for a loan. Lenders and others use the ratio to understand how risky a loan is, and it can be used for approving loans or requiring private mortgage insurance (PMI). Types of Mortgage Options For Financing Turnkey Rental Properties. Fixed-rate mortgages.

Finance 89

Finance FHA loan Investor Loans 89

Housing Wire

JUNE 6, 2024

The government-sponsored enterprise (GSE) also thinks the Federal Housing Finance Agency ( FHFA ) will encourage it to offer single-family, closed-end second mortgages if a Freddie Mac product under analysis is approved. We’re telling people that this is a new regime; it’s going to be a higher interest rate regime.

Mortgages 402

Mortgages Pre-approval Equity Investor 402

Redfin

SEPTEMBER 27, 2021

Shopping for a mortgage, you might encounter lenders who pre-qualify you for a higher loan amount than you expected. According to this rule, also used by lenders, most people can afford to spend as much as 28% of their gross monthly income on a mortgage and up to 36% on debt payments and still manage other typical recurring expenses.

Debt-to-income ratio 70

Debt-to-income ratio Closing costs Loans Title 70

Marco Santarelli

JULY 23, 2022

Mortgage approval rates today are lower than they were in the pre-crisis era, which suggests that borrowers are less likely to default on their loans. Reduced mortgage rates and consequently lower house costs can bring properties that were previously out of reach within reach. The shaded areas represent U.S.

Mortgages 52

Mortgages Marketing Lending Equity 52

Housing Wire

AUGUST 29, 2022

After two golden years in the mortgage market during the pandemic period, refis have dried up and the industry has since pivoted toward a purchase market. But for brokers, price isn’t the only determining factor when comparing rates for the borrower. I can get you (borrower) a conditional loan approved in 20 minutes.

Equity 410

Equity Loan Officer Loans Mortgages 410

Toronto Realty Blog

MAY 26, 2022

Looks like you’ve got a pretty good following and a good foothold in this industry. Now, consider that the overnight lending rate only has a direct impact on the variable rate mortgage, whereas the fixed-rates are affected by the bond market. per cent, according to mortgage brokers.

Fixed-rate mortgage 92

Fixed-rate mortgage Purchase and sale agreement Banks Mortgages 92

Redfin

FEBRUARY 10, 2023

The Emerald City is a bustling city known for its tech industry and stunning natural beauty. Stable monthly payments When you buy a home with a fixed-rate mortgage, you lock in your monthly housing expenses for the life of your mortgage. Starting your home buying journey with a budget in mind is a good first step.

Equity 53

Equity Closing costs Mortgages Pre-approval 53

The Close

DECEMBER 29, 2022

Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. So we’ve included a handy download with questions your clients should ask their mortgage broker. Got Clients With Interest Rate Questions? Fixed-rate mortgage.

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. 2020 began with increased sales activity in the New York housing market, with the year expected to be a strong one for the industry. percent on a 30-year fixed-rate mortgage. Pending sales increased by 3.0 months to 5.4.

Marketing 142

Marketing Sales Pre-approval Investor 142