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Nations Lending, Carpenter Realtors launch Commitment Mortgage

Housing Wire

Full-service mortgage lender Nations Lending and local Indiana real estate firm Carpenter Realtors launched a joint venture, Commitment Mortgage , in order to offer an end-to-end experience — from finding a home to closing a loan in a cooled-down housing market. “We

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The last time houses were this unaffordable was 2006

Housing Wire

Adjustable-rate mortgages, which typically have lower interest rates than fixed-rate mortgages, have become an attractive option for borrowers in a challenging housing market. How lenders can continue to serve borrowers despite housing affordability challenges. Presented by: Finance of America.

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The risk of zero-down loans while the Fed talks recession

Housing Wire

Since many people think of housing as a wealth creator — and we want more Americans to have more wealth — then the government needs to make sure demand stays high enough for that wealth product to grow. So when you add move-up buyers, move-down buyers, first-time homebuyers, cash buyers and investors together, this can get out of hand.

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Lenders target growing Hispanic homeownership market

Housing Wire

The new program and tool launches come as potential Hispanic home buyers face a tight housing market with historic low level of supply for affordable homes. CrossCountry, founded in 2003 by Ronald Leonhardt, has more than 8,000 employees with nearly 600 branches across 50 states. Presented by: Mortgage Coach.

Marketing 353
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Average U.S. 30-year mortgage rate rises from all-time low

Housing Wire

Mortgage lending volume this year is likely to break records as homeowners refinance and new buyers scramble to take advantage of some of the cheapest financing costs history, Fannie Mae said in a forecast on Tuesday. Originations this year are expected to reach an all-time high of $3.9 trillion , boosted by $2.4

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Economic Turbulence Prompts Seattle Area Market Concern vs. Year Ago

Will Springer Realtor

The opening months of the Seattle/King County housing market can best be expressed as sparks of activity within a mostly tentative purchasing environment. Sellers who priced their homes appropriately enjoyed busy open houses in their first weekend on the market followed by multiple offers.

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Local Markets: Louisville, Reno and San Diego

Housing Wire

Affordable housing prices combined with a vibrant history and a thriving culinary scene have certainly made Derby City a popular destination for homebuyers. However, even Louisville’s active housing market has slowed down recently. “I Also helping buyers is an increase in housing inventory, Ridenour Lindsey said. “It

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