Housing Wire

JULY 1, 2025

Name Job Title Company Name Abigail Williams Chief Legal Officer Lima One Capital Alexandra Lumpkin Chief Legal Officer The Real Brokerage Ali Haralson President Auction.com Alison Adams Grey Chief of Staff LPT Realty Amy Adams National Real Estate Expert The CE Shop Amy Butler Executive Vice President, National Sales Northpointe Bank Amy Creason Co-founder (..)

Title

Housing Wire

APRIL 30, 2025

The Pontiac, Michigan-based wholesale lender also announced it has selected ICE Mortgage Technology s MSP loan servicing system as its servicing platform, with a strategic focus on boosting recapture and referral business through its broker network. In a sales call that took place just days after the Rocket-Mr.

Mortgages

Housing Wire

NOVEMBER 5, 2024

It has an emphasis on first-time homebuyers ; purchase loans through an expanded geographic footprint and partnerships; servicing portfolio scale and retention; operating leverage quality to drive down turn times; and recruiting, developing and retaining the best talent available. Meanwhile, the company’s total revenues reached $314.6

Purchase and sale agreement

Housing Wire

JULY 15, 2025

Now the system determines what employees are going to work on and when, and then, from a management perspective, we can see what they’re working on, see who needs help, what loans are stuck, etc. It focuses the employee on the exceptions and our cost per boarded loan has decreased by almost 50%. Does it make a mistake?

Technology

Housing Wire

NOVEMBER 12, 2024

billion in loans during the period — up 28% year over year. Gain-on-sale margins for Q3 2024 were 278 basis points, a decrease from 299 bps in the previous quarter but nearly unchanged from 276 bps in Q3 2023. million loans, Rocket’s servicing operations generated approximately $1.5 It originated $28.5 billion at the end of Q3.

Purchase and sale agreement

Housing Wire

NOVEMBER 15, 2024

It appears to be a compelling model in an era of muted home sales and high origination costs, and it positions Rocket to compete against other large servicers with high recapture rates— Freedom Mortgage , Mr. Cooper , Pennymac and NewRez —as rival lenders without servicing increasingly get boxed out on repeat business.

Mortgages

Housing Wire

MAY 6, 2025

Overall, the wholesale lender s gain-on-sale margin stood at 94 basis points from January to March, down from 105 bps in the previous quarter and 108 bps in Q1 2024. According to them, operating earnings per share missed us and consensus because of a lower gain-on-sale margin and higher opex. billion as of March 31, compared to $242.4

Principal

Housing Wire

APRIL 1, 2025

Name Job Title Company Name Aaron Heidorn Director of Software Engineering & Infrastructure Cloudvirga Aaron Smith Director, Sales CubiCasa Adrian Provost Chief Executive Officer Realty ONE Group Terminus Ana LeBlanc Human Resources Director InterLinc Mortgage Annie Lemon Producing Branch Manager Gold Star Mortgage Financial Anthony Russo Diamond (..)

Lending

Housing Wire

APRIL 24, 2025

The HECM Tool a software platform designed to serve as a reverse mortgage sales conversion tool announced this week that it has integrated the proprietary reverse mortgage offering from Smartfi Home Loans into the platforms existing visualization and comparison capabilities.

Mortgages

Housing Wire

JULY 31, 2025

” The company also experienced “strong growth” in refinance volume, he said, while home equity loan originations nearly doubled year over year, setting new records for units and volume. Rocket is adding nearly 150 loan officers from Bay Equity Home Loans , a Redfin subsidiary, enhancing its presence in local markets.

Equity

Housing Wire

AUGUST 7, 2025

United Wholesale Mortgage (UWM), the largest mortgage originator in America, swung back to profitability in the second quarter of 2025, driven by higher loan volumes and wider margins. billion was tied to purchase loans , putting the lender on pace to reach $100 billion in purchase volume for the year, the company reported Thursday.

Loan Officer

The Close

NOVEMBER 7, 2024

Tax liens and auctions: Search for tax lien sales and foreclosure auctions. Listing websites: Sites like Zillow, MLS, Realtor.com, and LoopNet list properties for sale. Gather the property’s history and recent sale prices in the area to understand market trends. If you flip the property, you can pay them from the proceeds.

Hard money loan

The Close

NOVEMBER 25, 2024

They usually find financing through hard money lenders or loans made just for flipping houses. The two main ways to dive into the house-flipping game are: Hard money loans : These loans offer faster approval and funding times than traditional mortgages. It’s common for flippers to aim for an ROI of 20%.

House Flipping

Calculated Risk Real Estate

MARCH 5, 2025

The ICE HPI is a repeat sales index. ICE reports the median price change of the repeat sales. ICE reports the median price change of the repeat sales. Overall delinquencies decreased in January are below the pre-pandemic levels. The index was up 3.0% year-over-year in January, down from 3.4% YoY in December. from +3.4%

Mortgages

The Mortgage Report

JULY 1, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford? But not everyone can afford to put 20% down.

Loans

Marco Santarelli

DECEMBER 27, 2024

Sam Khater, Freddie Macs Chief Economist, suggests that while there are slight improvements in new and existing home sales, a significant undersupply of homes continues to challenge the market. For example, a 7/1 ARM may feature a rate of 6% for the first seven years of the loan.

Fixed-rate mortgage

Housing Wire

JANUARY 10, 2025

Shelley Duffy , Incenter’s executive vice president of national sales, praised Rose and Brown for their aptitudes for problem-solving. ” Brown brings 20 years of experience to his new role, including 12 years at Freddie Mac , where he served as senior director of cash window sales and trading. .”

Principal

Marco Santarelli

MARCH 31, 2025

Current Mortgage Rates Breakdown When you're looking to buy a home, the interest rate you lock in plays a huge role in your monthly payment and the total amount you'll pay over the life of the loan. This rate environment makes careful shopping and understanding your loan options even more critical.

Mortgages

The Mortgage Report

JULY 11, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? Some markets have huge housing shortages and homes for sale.

FHA 203k rehab loan

Rochester Real Estate

NOVEMBER 5, 2015

PITI stands for principal, interest, taxes, and insurance, which are the critical components of your monthly mortgage payment. PITI, an acronym for principal, interest, taxes, and insurance, represents the major components of your monthly mortgage payment. (585) 704-7095 Contact Now Search Homes Home Fair Housing S.O.P. What is PITI?

Debt-to-income ratio

Redfin

JULY 23, 2025

As of June 2025, the median sale price for a home in the U.S. In addition to repaying the principal amount of the loan, the monthly mortgage payment includes additional costs that can vary based on location and mortgage type. is roughly $447,000. So how much is a mortgage on a $500K home? Let’s break it down.

Mortgages

Marco Santarelli

JULY 21, 2025

Loan Types : Government-backed loans typically offer lower rates than conforming loans. They come with limits on loan amounts and borrower criteria which affect risk profiles. 15-Year Fixed Mortgage Rate : Stable around 5.90%. 5-Year ARM Mortgage Rate : Slight decrease to 7.76%. If rates drop to the predicted 6.4%

Mortgages

Redfin

JUNE 13, 2025

Step 3: Research second-time homebuyer programs and loans Step 4: Work with an experienced agent Step 5: Make a strong offer as a second-time homebuyer Step 6: Plan your transition Second-time homebuyer FAQs Is it harder to buy a house the second time? In a seller’s market : Demand from buyers exceeds the number of homes for sale.

Debt-to-income ratio

HomeLight

MAY 14, 2025

Fast facts about selling a house as is in Vermont Median sales price in Vermont $430,000 Average days on market (DOM) for Vermont 36 Disclosures Vermont law requires sellers to disclose material facts about the property through the Sellers Property Information Report. Which types of homes are sold as is?

As-is

Redfin

FEBRUARY 20, 2025

On average, sellers can expect to pay between 6% to 10% of the sale price in closing costs , including agent commissions, transfer taxes, and title fees. Closing costs are the fees and expenses required to finalize the sale of a home. On average, sellers typically pay between 6% and 10% of the homes sale price in total closing costs.

Closing costs

Marco Santarelli

JULY 24, 2025

Conforming loan rates remain generally lower than government-backed loan rates. ARM loans often attract borrowers seeking lower initial rates but come with the risk of rate adjustments later. Government-backed loan rates are generally higher than conforming loan rates now.

Mortgages

Marco Santarelli

JUNE 2, 2025

Fixed-rate mortgages, like the popular 30-year and 15-year options, offer a consistent interest rate throughout the life of the loan, providing predictability in monthly payments. The stability in the 15-year fixed mortgage rate offers another reliable option for those looking for a shorter loan term and typically lower overall interest paid.

Mortgages

Marco Santarelli

APRIL 7, 2025

Refinance Rates also Drop : Average refinance rates for 30-year loans are at 6.43%. Spring Home-Buying Season : The current market conditions could favor buyers as more homes are listed for sale. Refinancing can lead to reduced monthly payments or help shorten the life of the loan, saving substantial amounts in interest over time.

Mortgages

Redfin

MARCH 5, 2025

Review your savings for your down payment , monthly income, and potential loan options to set a realistic price range. It suggests your mortgage payment should be no more than 28% of your gross monthly income , covering principal, interest, taxes, and insurance. The 28/36 rule is a common mortgage budgeting guideline.

Debt-to-income ratio

The Close

JULY 1, 2025

However, some will struggle with getting approved for a loan, which is something that could result in the transaction falling through for you as a real estate agent. That’s where FHA loans can save the day for everyone. This makes it possible for buyers who might not qualify for traditional loans to still secure financing.

FHA loan

Marco Santarelli

APRIL 22, 2025

For example, if you opt for a 30-year fixed-rate mortgage with a rate of 6.81% , your payments will stay the same throughout the loan term. Expectations of a modest decline in rates might encourage more buyers to enter the market, invigorating sales as they act before conditions tighten again.

Mortgages

Redfin

FEBRUARY 28, 2025

Buying a home is one of the biggest financial decisions youll ever make, and its not just about the sale price. While some loans allow down payments as low as 3-5% , many buyers aim for 20% to avoid private mortgage insurance (PMI). From the down payment to closing costs, there are a lot of expenses to consider.

Earnest money deposit

Marco Santarelli

JULY 26, 2025

These trends illustrate a stabilizing mortgage market with some nuanced rate shifts that can affect borrowers differently depending on their loan type and goals. The market shows signs of moderation in home price appreciation and possible growth in home sales as affordability impacts shift. in late 2025 , easing down to 6.1%

Mortgages

Marco Santarelli

JULY 27, 2025

The 30-year fixed mortgage rate, which is the most common type of mortgage loan for home purchases, remains unchanged at 6.88%. This stability provides a predictable borrowing environment for buyers locking in long-term loans. 7.36 +0.02 20-Year Fixed 6.41 -0.31 6.75 -0.28 15-Year Fixed 5.93 +0.01 6.25 +0.03 10-Year Fixed 5.94 -0.09

Mortgages

Marco Santarelli

MARCH 27, 2025

VA Loans: Continue to offer potentially lower rates for eligible military-affiliated borrowers. The 30-year VA loan rate is at 6.14%. FHA Loans: May provide lower rates than conventional loans, but typically involve mortgage insurance payments for the duration of the loan. The 30-year FHA refinance rate is 6.18%.

Mortgages

Marco Santarelli

MARCH 4, 2025

Fewer people have been buying, and those who are still looking are often finding it harder to qualify for a loan and afford those monthly payments. drop in pending home sales just in January. Pending home sales are actually at an all-time low since they started tracking this data way back in 2001! ” I agree.

Mortgages

Marco Santarelli

APRIL 27, 2025

This decline could encourage many to ponder purchasing a new home or refinancing their existing loans. The rates not only affect monthly payments but also the overall cost of a loan over its lifetime. This demand can create a balance in the housing market, influencing future loan rates.

Mortgages