Housing Wire

JUNE 26, 2023

The number of refinances decreased amid rising mortgage rates from 111,251 in the fourth quarter of 2022 to 78,445 in the first quarter of 2023.” The serious delinquency rate also decreased to 0.6% Real-estate owned (REO) inventory also increased by 2% over the course of Q1 to 11,190 units.

VA loan 368

VA loan FHA loan Fixed-rate mortgage Principal 368

Housing Wire

MARCH 24, 2023

Rising rates led to a reduction in mortgage refinances during that quarter, declining to 111,251 in Q4 2022, down from 194,189 the previous quarter. There was also a slight reduction in the serious delinquency rate from Q3 to Q4, dropping from 0.68% to 0.65% by the end of the fourth quarter.

Fixed-rate mortgage 421

Fixed-rate mortgage VA loan FHA loan Loans 421

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. 4 Key Interest Rate Questions That Could Save Your Clients Money. Amortization.

Purchase and sale agreement 97

Purchase and sale agreement Title Proof of funds Pre-approval 97