Housing Wire
MARCH 5, 2024
Many investors had expected the Fed to cut benchmark rates as early as March, and loan officers had hoped to see a decline in mortgage rates that tend to move in tandem with long-term yields. Many of his buyers are still waiting for rates to come down before seeking preapproval for a mortgage.
Housing Wire
DECEMBER 14, 2023
Powell on Wednesday announced that the Fed anticipates making three 25 basis point rate cuts in 2024 and four in 2025, which should help bring mortgage rates further down in 2024. Several loan officers on Thursday told HousingWire they were quoting borrowers in the mid-6% range on standard 30-year-fixed loans.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
MARCH 23, 2023
Buyers continue to feel the pinch from high mortgage rates and still-elevated home prices. While high interest rates and home prices drove up mortgage payments and application payments, loan officers are seeing bidding wars due to a lack of inventory issues. in 2025. this year from 6.6% in 2024 and 4.4%
Housing Wire
NOVEMBER 1, 2023
Jeff Walton, CEO and co-founder of mortgage data analytics company InGenius, which provides loan-officer data to IMBs for recruiting purposes, said it’s going to be a “tough time through winter.” The guys who are doing buyouts now are going to be buying with their own cash,” he said. “I
Housing Wire
NOVEMBER 10, 2023
Mortgage rates this week saw the biggest one-week decline in a year and potential homebuyers waiting for rates to drop responded, said Josh Mettle, division president and co-creator of NEO Home Loans. “I That doesn’t take into consideration the number of buyers that had already applied and were sitting on the sidelines.
Housing Wire
AUGUST 25, 2022
During the second-quarter earnings season, executives from publicly traded mortgage lenders detailed their forays into jumbo loans, non-qualified mortgages, reverse mortgages, home equity products and even personal loans. It comes at a time in which the housing market favors buyers and seller concessions become more frequent.
Housing Wire
DECEMBER 29, 2023
You have all these buyers that have been waiting for rates to come back and now they’re back and all this becomes really competitive again.” Strategies for 2024 I’m heavily focused on recruiting , improving technology and marketing, empowering the loan officers — by giving them the same technology and marketing support.
Expert insights. Personalized for you.
388 
Let's personalize your content