Housing Wire

JANUARY 18, 2024

HousingWire’s Mortgage Rates Center showed Optimal Blue’s average 30-year fixed rate on conventional loans at 6.709% on Thursday, up from 6.66% recorded at the same time last week. More than 57% of investors have priced in at least a quarter-point cut in March, according to the CME Group’s FedWatch tool.

Fixed-rate mortgage 527

Fixed-rate mortgage Mortgages New Construction Construction 527

Housing Wire

JULY 6, 2023

Mortgage rates jumped this week as investors grapple with persistent positive economic data and a hawkish Fed. The Freddie Mac’s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 6.81% as of July 6, up significantly from last week ’s 6.71%.

Mortgages 375

Mortgages Construction New Construction Investor 375

Norada Real Estate

JANUARY 27, 2023

When it comes to investing in residential real estate, there are only two basic types of property you can invest in – new construction and resale. New construction properties are those that are purchased directly from the builder or developer who constructed the property. In short, they are considered brand new.

New Construction 52

New Construction Construction Probate sale Investor 52

Housing Wire

SEPTEMBER 22, 2023

Read on to learn more about Duncan’s views on the housing market, loan performance and affordability challenges homebuyers face. For one thing, no fixed-income investor thinks that mortgage-backed securities with 7% mortgage rates will be there when the Fed finishes the inflation fight. So they are a policy buyer. So they go from 7.5%

FHA loan 419

FHA loan Bankruptcy Marketing Loans 419

Housing Wire

NOVEMBER 30, 2021

The amount of equity in these loans, the underwriting, the guardrails around ATR have proven that this is a real, sustainable product that investors like.”. that were picking up the low-hanging fruit on agency loans, are going to need another product to focus on, and that’s non-QM.” Refinance decline. Brokers across the U.S.

Lending 314

Lending Investor Loans New Construction 314

Housing Wire

APRIL 20, 2022

Homepoint’s “New Build program” connects homebuilders with business purpose construction financing through in-region mortgage brokers, with loan amounts up to $4 million per unit or $25 million per project.

Loans 352

Loans Lending Construction Banks 352

Housing Wire

MAY 31, 2022

Among them are Geneva Financial , a mortgage lender headquartered in Arizona, which opened a branch location in Chicago, and New Western , a real estate investment firm, which also launched its first office in Chicago, marking its expansion with its 43rd office location in its 19th state. Department of Agriculture (USDA).

Mortgages 382

Mortgages Loans Lending Construction 382

Housing Wire

SEPTEMBER 27, 2023

The top three opportunities mortgage pros see are new construction (15.3%), first-time homebuyers (14.5%) and cultivating referrals and building new relationships with buyers, builders and agents (13%), according to HousingWire ‘s Q4 2023 LenderPulse survey. Home price gains hit a new high , rising 0.6%

Mortgages 371

Mortgages Marketing Banks New Construction 371

Housing Wire

JULY 27, 2023

Freddie Mac’s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 6.81% as of July 27, up from last week ’s 6.78%. The rates for credit cards, auto and personal loans, as well as adjustable-rate mortgages will increase. million in June 2022.

Fixed-rate mortgage 309

Fixed-rate mortgage Mortgages Loans New Construction 309

Housing Wire

JANUARY 10, 2022

Interest rates on 30-year fixed-rate loans averaged 2.96% in 2021, a record low annual average, and are expected to rise this year. Even with this increase, fixed-rate loans will still be cheaper than they were before the pandemic: In the 2010-2019 decade the interest rate averaged 4.1% for 30-year fixed-rate loans.

Marketing 545

Marketing FHA loan Fixed-rate mortgage Loans 545

Realty Biz

OCTOBER 21, 2023

From navigating traditional mortgage loans to exploring non-conventional options, various financing solutions are available. Development financing for larger new construction projects and alternative financing approaches should also be considered.

Loans 108

Loans Finance Construction Commercial 108

Housing Wire

JUNE 30, 2022

Not only does Flagstar offer brokers direct access to seasoned sales, support and underwriting teams, it also provides a product set that includes specialty lending options like Advantage non-agency loan, jumbos, new construction, renovation products and HELOCs, and in the pipeline, loans to foreign nationals, seconds and investor property loans.

Lending 304

Lending Banks Technology New Construction 304

Housing Wire

AUGUST 3, 2023

This has driven meaningful share gains for new construction,” she added, “with the percentage of new-home listings more than doubling from long-term norms to over 30% of the market.” So, that just means not everybody can afford a new house, or a house altogether.” So that’s a further headwind.

Land 364

Land Construction Development Finance 364

Realtor.com

NOVEMBER 22, 2022

And along the way, investors—many of whom came to the party with all-cash offers—fully changed the face of many markets, sometimes locking out first-time homebuyers. However, many of those investors, especially smaller ones, have recently slammed the brakes on their purchases as the housing market has shifted. So Realtor.com®

Investor 95

Investor Mortgages As-is Finance 95

HomeLight

MAY 23, 2024

Eventually, the bubble “bursts,” leading to a sharp decline in home prices, which can result in significant financial losses for homeowners and investors. More loans require mortgage insurance: This indicates that lenders see higher risks in the market. What causes a housing bubble?

Equity 96

Equity Construction Investor New Construction 96

The Close

FEBRUARY 20, 2023

In this article, I’ll cover the basics of hard money loans, how to choose the hard money lender that’s right for you, how to get approved for financing, and much more. The good news is that Kiavi specializes in just that: hard money loans for rental properties. The loan term is 30 years with a three-year prepayment penalty.

Hard money loan 98

Hard money loan Debt-to-income ratio Lending Loans 98

Marco Santarelli

MAY 11, 2024

Home Equity Softening, Not Disappearing The report highlights a slight decrease in the percentage of homes considered “equity-rich,” where the loan value is less than half the estimated market value. Rising interest rates, which have climbed back above 7% for a 30-year loan, are likely culprits. in the last quarter.

Mortgages 102

Mortgages Marketing Equity Pre-approval 102

Housing Wire

OCTOBER 21, 2020

He said as builders work to replenish the supply with new homes, the most recent census data shows a 1.1 million annualized pace for new construction — the highest level since 2007. Top of mind for servicers will be pursuing the most appropriate loss mitigation strategies for post-forbearance borrowers and investors.

Mortgages 384

Mortgages FHA loan Fixed-rate mortgage Loans 384

Realtor.com

DECEMBER 20, 2022

Just a few months ago, home prices hit record heights, investors were gobbling up scores of homes, and buyers were racing to purchase whatever they could before prices rose even further. Many people bought homes they couldn’t afford, assuming that prices would keep going up and they could keep refinancing their loans.

Marketing 113

Marketing Construction Investor New Construction 113

Realty Biz

JUNE 25, 2023

A HELOC is a special type of loan exclusive to homeowners, which functions quite similarly to a personal loan. Fractional real estate shares allow investors to put as little as $5 to $10 into a property along with a handful of others, like mutual funds.

House Flipping 102

House Flipping New Construction Equity Construction 102

HomeLight

AUGUST 31, 2021

If so, then the 203k loan may offer a way to finance your plans, but first, you’ll need to know both what this loan is and how to get a 203k loan. . In addition to 12 years of experience as a real estate agent, Forney has personal experience using a 203(k) loan to purchase and fix up his first home.

Loans 80

Loans FHA loan Pre-approval Finance 80

Housing Wire

APRIL 21, 2022

All of their material seems more geared toward investor pitches and media buzz generation.”. By then, Ballard had bolted TreeHouse for Icon, an Austin, Texas company that debuted in 2018 at South by Southwest , the erstwhile Austin music festival where lurking A&R’s were long ago replaced by lurking venture capital investors.

Construction 386

Construction Purchase and sale agreement Investor Land 386

Marco Santarelli

MAY 5, 2024

Unlike previous generations, millennials may also face student loan debt and a different economic landscape, impacting their buying power. Building costs and regulations have hampered new construction, creating a persistent shortage according to the National Association of Home Builders (NAHB).

Marketing 104

Marketing Construction New Construction Mortgages 104

The Close

JUNE 22, 2023

But for value-seeking investors like myself, the scariest time to invest is actually in a good economy, when housing prices are rising at a blistering pace. An economic downturn provides many opportunities that are nearly impossible for the average investor to take advantage of in a good economy. It’s a fair question!

Investor 116

Investor Debt-to-income ratio New Construction Construction 116

Real Trends

OCTOBER 21, 2022

The bottom line, they won’t be flooding the market with new construction. In 2008, 80% of mortgage loans were adjustable. Here are 8 reasons you won’t have inventory-armageddon any time soon: Builders have slowed their production , and already taken drastic measures to sell off existing inventory. Ignorance equals fear.

New Construction 105

New Construction Equity Short sale Construction 105

RIS Media

MAY 16, 2022

Ranging from funding apprenticeship programs for skilled construction workers to restructuring loan and grant programs, the Biden administration is characterizing the plan as a roadmap to curb what has become a runaway crisis in affordability and housing supply. “As

Construction 83

Construction New Construction Finance Loans 83

RIS Media

SEPTEMBER 24, 2021

Key findings: – Climate change will place increasing stress on housing and housing finance’s sophisticated system of distributing risk across multiple stakeholders—including consumers, landlords, home builders, appraisers, originators, servicers, insurance companies, government agencies and the GSEs, and mortgage investors.

Finance 78

Finance Investor New Construction Mortgages 78

Marco Santarelli

APRIL 15, 2024

For prospective buyers and investors , these trends underscore the importance of regional research and staying abreast of the latest developments to make informed decisions in a shifting landscape. Mortgages , credit cards , and student loans make up a significant portion of this debt.

Marketing 105

Marketing Equity Lending Construction 105

HomeLight

MARCH 13, 2023

This demand for affordable housing sets the scene for real estate investors. The state’s landlord-friendly rules and regulations further encourage investors. New construction surge contributing to competition for buyers. They may want to avoid the 6% interest rate of a loan by buying with cash. 70) – repair costs.

Sales 69

Sales Investor House Flipping Pre-approval 69

Realty Biz

DECEMBER 18, 2021

However, inflation has benefits for real estate investors whether it is your primary residence or investment properties. Even if the pace of construction picks up, new construction (supply) will be more expensive due to inflation. For investors with a rental house, the wealth multiplier becomes much more substantial.

Fixed-rate mortgage 81

Fixed-rate mortgage Investor Mortgages Construction 81

HomeLight

JANUARY 27, 2021

So to afford this type of purchase, you’ve got to have cash available to make the repairs or are able to get a loan. New construction. With a new construction home, you won’t face the same issues of aging features in an older home. If you’re looking at a brand-new home, you should have a healthy budget. “We

New Construction 103

New Construction Construction Land Design 103

Realtor.com

JANUARY 27, 2021

For example, if the property’s ARV will be $150,000, you would subtract the costs to flip (including the cost of a loan, repairs, and other fees) and then multiply that number by 70%. That’s why Lambert advises new investors to build a buffer of up to 25% into their rehab estimate.

House Flipping 130

House Flipping Renovation Construction Investor 130

HomeLight

DECEMBER 31, 2021

Should you get a home equity loan to pay for a much-needed vacation or your postponed dream wedding? Perhaps you’re looking to buy a home soon and want to know more about how to put your existing equity toward a new and spacious abode. Contact your lender for details about what your loan requires. How much do you still owe?

Equity 105

Equity Principal Loans Renovation 105

HomeLight

JULY 31, 2021

With the help of a local real estate agent and some seasoned San Antonio real estate investors, we created this guide to give you a head-start to finding a San Antonio cash buyer for your home. Affordable housing sparks investor activity in San Antonio. Affordable housing sparks investor activity in San Antonio.

Investor 102

Investor Title Due diligence Sales 102

Norada Real Estate

JANUARY 27, 2021

Turnkey properties are a great option for real estate investors looking for steady and predictable cash flow without the headaches of property management. Investors usually using the 1% Rule to Calculate Gross Cash Flow. This short article aims to provide information on turnkey real estate investing.

Property Management 105

Property Management Investor Renovation Residential 105

Norada Real Estate

FEBRUARY 21, 2022

These are the steps every budding property investor should take to pick a good cash-generating rental property. From the first decision to get into the landlord's biz to buying a building, the idea may be daunting for the first-time investor. A good rental property is fully refurbished or a new construction residential property.

Purchase and sale agreement 110

Purchase and sale agreement Investor Due diligence As-is 110

Marco Santarelli

JANUARY 3, 2021

The answer is because, on top of all of the advantages it entails, investing in rental properties offers an ideal solution to investors' biggest problem: Headache. Turnkey rental properties allow investors to sit and enjoy their passive cash flows while someone else does all the hard property management work for them.

Investor 105

Investor Property Management As-is Renovation 105