Housing Wire
DECEMBER 16, 2021
Interfirst Mortgage , the retail mortgage business he founded in 2001, had grown to $14.5 Interfirst’s ability to grow rapidly in a low-rate, refi environment but then struggle and contract when the market turns could be seen as a cautionary tale, even in an industry as cyclical as mortgage. 375% below the market.”
Housing Wire
MAY 31, 2022
increase year over year for properties under contract, indicating that demand in the city remains strong,” said Elizabeth Anne Stribling-Kivlan, Compass’ senior managing director. The company estimates there are about 3 million “aged properties” in the Chicago area alone, with almost 88% of them built before 2001.
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Appraisal Today
MARCH 31, 2023
Mortgage Lending In Q4 Hit Lowest Point Since 2014 Refinance mortgage originations hit low point this century. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 6.79 The average contract interest rate for 15-year fixed-rate mortgages increased to 6.25
Appraisal Today
JUNE 10, 2022
The Inevitable Cyclicality of Mortgage Lending. Construction started in 2001 and took three years to complete with two bedrooms, 2 bathrooms, and a swimming pool. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) increased to 5.40 Purchase vs. refi appraisals.
Appraisal Today
OCTOBER 28, 2022
Watch a video of an excellent McKissock podcast discussing market changes and many other very practical topics, focusing on residential lending appraisals. But purchase money lending will slip as well, by 3% to $1.53 percent, the highest rate since 2001. The average contract interest rate for 5/1 ARMs increased to 5.86
Appraisal Today
OCTOBER 7, 2022
Excerpts: Year Built: 2001. Excerpts: Lakeland engaged in a pattern or practice of lending discrimination by “redlining” in the Newark metropolitan area. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) increased to 6.75 Lot Size: 0.06
Appraisal Today
SEPTEMBER 29, 2023
Some appraisers, a true minority, have been able to transition to private, non-mortgage-lending appraisal work, but that’s not as easy as some advocate. And many appraisers who only know how to do mortgage lending assignments are reluctant to market themselves outside that confined space. The GSEs started keeping track in 71.
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