2008 Housing Market Lending 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
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.
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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
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
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
NOVEMBER 10, 2022
As the housing market adjusts to rapidly tightening monetary policy, mortgage rates again surpassed 7%,” Sam Khater, Freddie Mac’s chief economist, said in a statement. The housing market is the most interest-rate sensitive segment of the economy, and the impact rates have on homebuyers continues to evolve.
Housing Wire
DECEMBER 3, 2021
This week’s HW+ member spotlight features Reina Ramos, senior vice president, mortgage market leader at City National Bank of Florida. She joined CNBF after more than a decade with Seacoast Bank , where she served as senior vice president, residential lending production manager. HousingWire : What keeps you up at night and why?
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