2008 Housing Market Investors Loan Officers 
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.
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% on Wednesday. In early August, the U.S.
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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
JULY 7, 2022
Black Knight reported that May was the least affordable housing market in 16 years. For the first time in three years, we have seen an increase in homes on the market and price reductions. In Portland, Oregon, for example, one loan officer noted that new listings doubled in the second half of May from 800 to 1,900 new listings.
Housing Wire
AUGUST 23, 2023
Even with rates in the mid-7s, there are bidding wars in dozens of markets across the country. The 10-year Treasury started this week with an upward swing at 4.3%, a level last seen during the 2008 financial crisis. Rates at the 7% or 8% level could spur a reduction in home prices, but current inventory issues have limited this impact.
Housing Wire
MAY 31, 2022
Mortgage lenders and real estate investment firms this month entered tight housing markets in the Midwest and the Northwest to better reach prospective homebuyers, despite a challenging mortgage market. Chicago’s housing market started out hot in 2022. Department of Agriculture (USDA). during the same time.
Housing Wire
JULY 15, 2022
This week’s HW+ member spotlight features Brian Gubernick, chief real estate officer at Homeward. He has more than 15 years of industry experience, holding multiple positions in the industry including being an investor, team owner/leader, brokerage operating partner, coach and trainer and corporate executive.
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