Remove 2001 Remove Inventory Remove Investors Remove Loan Officers
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Guaranteed Rate’s Larry Steinway makes the jump to Revolution Mortgage

Housing Wire

He then transitioned to PHH Home Loans in 2001 for an in-house lending stint, a role he stayed in for about nine years. Steinway is the sole loan officer in his branch and is supported by the rest of his five team members, who primarily focus on marketing its realtor relationships.

Mortgage 362
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Where are mortgage rates headed?

Housing Wire

Rates at the 7% or 8% level could spur a reduction in home prices, but current inventory issues have limited this impact. “We would have to go back to 2001 to find mortgage rates above 7.0%. Inventory remains thin. Altos Research shows that single-family inventory rose to 496,541 on August 18 from 492,140 on August 11.

Mortgage 369
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Opinion: Solutions to restore housing as an economic growth engine

Housing Wire

in 2001 to 44.8% While home inventories remain low, the prospects for first-time buyers diminish. Competition favors institutional investors and households with higher incomes and stellar credit. Black homeownership rates have declined from 48.4% Prices continue to rise. Programs to scale up affordable housing.

Insurance 381