Redfin

FEBRUARY 20, 2025

However, there are some costs associated with selling your home, like repairs, staging, and pre-listing inspections, that may also need to be paid before closing. The lender provides a mortgage payoff statement, including: Principal balance Accrued interest Possible prepayment penalties (less common but can be 1%3% of the loan balance).

Closing costs

Marco Santarelli

JANUARY 1, 2025

The Stage: Understanding the Predictions Entering the discussion about the 2025 real estate outlook requires a clear grasp of recent history. The principal factor influencing home prices is the classic law of supply and demand. Increased Housing Inventory : A significant 11.7% increase in available homes is expected.

Mortgages

Marco Santarelli

JUNE 27, 2025

Refinance Opportunity : Average refinance rates for a 30-year fixed loan have climbed slightly to 7.12% , but are lower compared to prior weeks. Below are the estimated monthly payments for different loan amounts based on the current rates. This calculation factors in the principal amount along with interest.

Mortgages

Redfin

JUNE 10, 2025

Mortgage lenders typically base their financing on the appraised value or the purchase price , whichever is lower, directly impacting the loan amount. While less common, seller financing, where you act as the lender for a portion of the loan, could also be an option to bridge the gap.

Purchase and sale agreement

Norada Real Estate

JUNE 27, 2025

Refinance Opportunity : Average refinance rates for a 30-year fixed loan have climbed slightly to 7.12% , but are lower compared to prior weeks. Below are the estimated monthly payments for different loan amounts based on the current rates. This calculation factors in the principal amount along with interest.

Mortgages

Housing Wire

APRIL 2, 2025

After many years of consistent home-price appreciation , the average loan-to-value (LTV) ratio across all outstanding mortgages in the U.S. If you lose your job, but youre one of the 27 million homeowners with a 2% or 3% handle loan, then your mortgage payment is cheaper than any alternative. Thats down from 70% in 2013.

Mortgages

Rochester Real Estate

NOVEMBER 5, 2015

Financial security: Extended warranty plans can help homeowners avoid unexpected expenses related to principal component failures or defects, providing financial security. Federal loan requirements and third-party warranties In some cases, federal loans backed by government entities may require builders to obtain third-party warranties.

Purchase and sale agreement

Marco Santarelli

MAY 22, 2025

He generally advises against FHA and VA loans due to their additional fees. This aligns with projections from entities like the Federal Home Loan Mortgage Corporation, which anticipates home prices to continue rising in the coming year, albeit likely at a more moderate pace. Consider professional staging for the best results.

Marketing

Rochester Real Estate

NOVEMBER 5, 2015

What To Expect From Your Listing Agent Why For Sale By Owners (FSBOs) Fail Blog Featured Articles Home Buying Home Selling LOCAL Rochester NY Articles Should You Pay Off Student Loans Before Purchasing a Home? Student loans can impact a buyers ability to get a mortgage quite significantly. I’ve even asked myself this question.

Loans

Housing Wire

MAY 30, 2024

for the third month in a row, up slightly from March 2023, according to the latest CoreLogic Loan Performance Insights report. The data provider examined all stages of delinquencies to gain a complete view of the mortgage market and loan performance health. of all mortgages in February, up from 1.1% in March 2023. in March 2023.

Mortgages

Housing Wire

APRIL 26, 2024

The rate remained unchanged from January 2024, according to the latest CoreLogic Loan Performance Insights report. The data provider examined all stages of delinquencies to gain a complete view of the mortgage market and loan performance health. Early-stage delinquencies (mortgages 30 to 59 days past due), accounted for 1.5%

Mortgages

Housing Wire

SEPTEMBER 28, 2023

in June, according to CoreLogic ’s Loan Performance Insights. mortgage delinquencies remained near a record low in July, with the share of homes entering that status or progressing to later stages either unchanged or lower,” said Molly Boesel, principal economist for CoreLogic , in a news release. percentage point to 2.7%

Mortgages

Housing Wire

AUGUST 9, 2021

The share of Fannie Mae and Freddie Mac loans in forbearance also decreased, falling five basis points to 1.74%, and Ginnie Mae loans decreased 12 basis points to 4.18%. This is the biggest decrease in the share of loans in forbearance in three weeks, noted Mike Fratantoni, MBA senior vice president and chief economist.

Principal

Housing Wire

DECEMBER 6, 2023

CoreLogic’s Loan Performance Insights data, shared with HousingWire, represents foreclosure and delinquency activity reported for first liens against a property. CoreLogic principal economist Molly Boesel attributes much of the stability in the low delinquency rate to low unemployment over the period. “The The overall U.S.

Mortgages

Housing Wire

DECEMBER 12, 2024

This is the fourth consecutive month that the national delinquency increased year over year, according to CoreLogic’s September 2024 Loan Performance Insights Report. The report showed upward growth across all categories of delinquencies including early-stage, adverse and serious delinquencies. of all loans in September.

Mortgages

Housing Wire

JUNE 14, 2022

posted in March 2021, according to CoreLogic ‘s latest loan performance report. . The share of borrowers in any stage of delinquency was at an all-time low in the first quarter of 2022,” said Molly Boesel, principal economist at CoreLogic. About 2.7% of all mortgages in the U.S. were delinquent in March, dropping 2.2

Mortgages

Housing Wire

FEBRUARY 17, 2022

The performance of loan pools backing private-label securitization deals has continued to improve across most measurement metrics through the end of January after hitting a low point in mid-2020 at the height of the pandemic. With mortgage rates increasing [recently], prepayments on prime loans are retreating quickly from their highs.”.

Marketing

Housing Wire

JANUARY 30, 2024

For at least the past five years, according to market data, the MSR sector has been increasingly dominated by nonbanks — with a good portion of the loan balance they service at historically low legacy rates. In 2019, total agency MSRs outstanding, based on agency loan balances serviced, stood at $6.219 trillion, Recursion data shows.

Marketing

Housing Wire

MAY 16, 2024

The report assessed 533,894 HECM loans originated and terminated during the 20-year study period. The bulk of losses came from loans that originated between 2006 and 2010,” the report stated. “While all HECM borrowers are aged 62 or older, the age profile of borrowers has trended younger over time.” billion from the program.

Loans

Housing Wire

MAY 30, 2025

In March 2025, the share of mortgages in some stage of delinquency (30 or more days past due, including foreclosures ) remained at 2.8%, the same rate as a year ago. That’s according to Cotality ‘s newest Loan Performance Indicators released on Thursday. Early-stage delinquencies, 30 to 59 days past due, represented 1.4%

Mortgages

Housing Wire

DECEMBER 13, 2024

The added cost pours salt in the wound for credit unions, banks, and independent mortgage bankers , who are already recording average pre-tax losses of $534 per loan origination. When lenders or their technology providers fail to maintain a high standard of data accuracy, loan buybacks increase.

Pre-approval

Housing Wire

FEBRUARY 3, 2022

MSRs gain value as interest rates rise, in part because upward-bound rates cause mortgage refinancing to ebb, which slows prepayment speeds on mortgages — increasing the effective long-term yield of the servicing rights tied to those loans. In fact, the largest MSR deal of the month for Incenter, involving a loan portfolio valued at $23.7

Purchase and sale agreement

Housing Wire

AUGUST 9, 2023

We also sought input from industry experts, lenders and loan officers. The regional bank focused heavily on jumbo loans, serving interest-only mortgages at super-low rates to wealthy individuals in Silicon Valley. Median rates were at 3.2%, compared to 3.25% for conventional loans. Wells Fargo’s jumbo volume of $3.2

Banks

Housing Wire

SEPTEMBER 30, 2020

The Origence Mortgage Platform is an end-to-end lending platform that puts the power of modern technology in lenders’ hands, enabling them to close more loans, faster. Loan officers can access high-priority information via its Sales Portal interface, which includes pipeline views and outstanding conditions.

Lending

Realty Biz

SEPTEMBER 27, 2023

Your payment goes to principal and interest each month following an amortization schedule. A monthly mortgage payment includes principal, interest, and other fees such as property tax and private mortgage insurance (PMI). This is called amortization — a process of breaking down loan payments over time. What is amortization?

Principal

Housing Wire

MARCH 1, 2023

Net issuance represents new securities issued less the decline in outstanding securities due to principal paydowns or prepayments. In 2022, the Fed began employing its tapering tool in stages, a strategy that expanded the effective MBS supply in the market by some $80 billion last year, Amherst reports.

Marketing

Calculated Risk Real Estate

APRIL 26, 2024

These are mortgage loans that are "three monthly payments or more past due or in foreclosure". For Fannie, by vintage , for loans made in 2004 or earlier (1% of portfolio), 1.56% are seriously delinquent (down from 1.60% the previous month). So, Fannie is still working through a handful of poor performing loans from the bubble years.

Staging

Calculated Risk Real Estate

MAY 31, 2024

These are mortgage loans that are "three monthly payments or more past due or in foreclosure". For Fannie, by vintage , for loans made in 2004 or earlier (1% of portfolio), 1.47% are seriously delinquent (down from 1.56% the previous month). So, Fannie is still working through a handful of poor performing loans from the bubble years.

Staging

HomeLight

JANUARY 29, 2021

But rather than draining their savings, most homeowners opt to finance their home home improvement with credit or a home renovation loan. If you’re considering taking out a home renovation loan to spruce up a powder room or gut the kitchen, we’ve got you covered. An overview of home renovation loan options. Construction loan.

Renovation

Calculated Risk Real Estate

SEPTEMBER 29, 2023

These are mortgage loans that are "three monthly payments or more past due or in foreclosure". For Fannie, by vintage , for loans made in 2004 or earlier (1% of portfolio), 1.74% are seriously delinquent (down from 1.78% in July). For loans made in 2005 through 2008 (1% of portfolio), 2.72% are seriously delinquent (down from 2.82%).

Mortgages

HomeLight

AUGUST 21, 2024

Closing costs are the various fees and expenses that sellers pay during the final stages of a property sale. Mortgage/Loan payoff amount Before selling your home , you’ll need to address the “loan payoff amount” on your mortgage. The loan payoff amount may include other fees in addition to the principal and interest.

Closing costs

Calculated Risk Real Estate

JANUARY 30, 2024

These are mortgage loans that are "three monthly payments or more past due or in foreclosure". For Fannie, by vintage , for loans made in 2004 or earlier (1% of portfolio), 1.67% are seriously delinquent (down from 1.70% the previous month). So, Fannie is still working through a handful of poor performing loans from the bubble years.

Staging

HomeLight

AUGUST 13, 2024

These costs consist of various fees and expenses that sellers are responsible for at the final stage of a property sale. Closing costs typically include charges for loan payoff, property taxes, and other essential services required to finalize the transaction.

Closing costs

HomeLight

AUGUST 16, 2021

First-time homebuyer loans can help make it easier on first-time homebuyers , offering access to special mortgage programs with low down payments. With this expert-backed guide, we’re here to help: Here’s how to apply for a first time home buyers loan in eight manageable steps. You can qualify for loans with as little as 3.5%

Loans

Realtor.com

JULY 5, 2021

And now one of the types of loans that defined that era is staging a comeback. But buyer be warned: The mortgage rate on these loans resets after a set period of years, usually five or 10. for 30-year fixed-rate loans. If rates go down or if borrowers plan to sell their homes around that time, that’s good news.

Mortgages

Calculated Risk Real Estate

NOVEMBER 4, 2024

year over year ‒ the fourth consecutive monthly increase • Serious delinquencies (loans 90+ days past due but not in active foreclosure) rose 26K (+5.9%) to their highest level since May 2023, up +4.6% There has been a steady increase in early-stage delinquencies for VA loans. for the month and 5.7%

Mortgages

HomeLight

AUGUST 19, 2024

Closing costs are various fees and expenses that arise during the final stages of a real estate transaction. Mortgage/Loan payoff amount Before selling your home , you’ll need to settle the outstanding balance on your mortgage, known as the loan payoff amount.

Closing costs