2008 Buyers Housing Market Loan Officers 
Housing Wire
AUGUST 17, 2023
bond yields hit their highest level since 2008. At Mortgage News Daily on Thursday morning, the 30-year fixed rate for conventional loans was 7.34%, up 29 basis points from the previous week. Several mortgage loan officers told HousingWire they were quoting rates between 7.2% Bond buyers are mindful of this.”
Housing Wire
JUNE 16, 2022
neighborhood, housing market, Fall, homes, new house sales, forbearance. The Federal Reserve ’s 75 basis point interest rate hike – its largest since 1994 – proves the central bank is laser-focused on slowing inflation, but loan officers and housing economists don’t expect mortgage rates to come down until consumer prices fall.
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Housing Wire
MAY 7, 2023
didn’t go into recession until 2008. Even though the labor market is currently showing signs of getting softer , there is no job-loss recession yet. As you can see in the chart below, there is a big difference between the current housing market and those looking for a repeat of 2008.
Housing Wire
JUNE 27, 2022
Like many loan officers, Dicker was working nights and weekends, banging out refinancings and purchase mortgages at record-low rates for clients. Tech-fueled Redfin laid off 470 employees , or about 8% of its workforce, saying housing demand fell short of expectations in May. The culling.
Housing Wire
MAY 26, 2022
As 2022 proves to be a challenging year for the housing market, lenders are looking to take advantage of potential downtime by improving their internal processes. The conventional 30-year mortgage rate would have to be in the mid- to high-5% range for the ARM to be in the high-3% range,” said a loan officer in Washington.
Housing Wire
AUGUST 23, 2023
Even with rates in the mid-7s, there are bidding wars in dozens of markets across the country. It can be tricky — housing economists say there are significant uncertainties and rates may remain higher for longer Due to their long terms, mortgage rates usually follow the 10-year treasury yields, which are surging. When asked why U.S.
Cleveland Appraisal Blog
OCTOBER 14, 2021
Others have expressed concerns that we are headed for a housing crash, like in 2008. Let’s talk about the difference between today’s market and the one during the years leading up to the bursting of the housing bubble in the Great Recession of 2008. THE RISE IN HOME PRICES IN THE YEARS LEADING TO 2008.
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