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eXp Olympian Chad Hedrick on the power of a real estate team

Housing Wire

Hedrick and his team provide the best possible service to the luxury real estate market in Houston, Texas. He founded the Gold to Sold Group in 2017, and the organization now represents the “gold standard” in the Houston housing market. That journey started in 2003. What motivated that move?

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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 trillion, according to the Mortgage Bankers Association.

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New American Funding partners with Matic Insurance and OneSource Solution

Housing Wire

Founded in 2003 by Rick Arvielo and his wife, Patty Arvielo , New American Funding offers a variety of conventional, government, adjustable-rate and non-qualified mortgages. In April, NAF announced it would enter the joint ventures arena to go after the purchase business market. billion in value, according to the lender.

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Opinion: Mortgage rates have a smaller impact on housing than you think; here’s proof

Housing Wire

It goes to show what the failure to build enough homes from 2006 to the present combined with ultra-low, unrealistic mortgage rates and massive amounts of fiscal stimulus can do to the housing market. This is something that housing industry leaders should be thinking about — carefully. The history of housing.

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MBA predicts record purchase mortgage volume in 2021

Housing Wire

The housing market has seen a meaningful rebound since the onset of the pandemic,” said Mike Fratantoni, MBA chief economist. trillion in mortgage originations – the highest since 2003 and a 50% increase from 2019. . MBA is forecasting a rise in purchase originations to $1.59 For 2020, the MBA is estimating $3.9

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2020 housing disruption paves the way for years to come

Housing Wire

While we may be ready to firmly plant our feet in 2021, we shouldn’t leave the past 12 months behind without taking a critical look at how the COVID-19 pandemic has impacted the housing market, and how it will pave the way for 2021 and beyond.

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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. As of mid-April, applications for ARM mortgages jumped to 8.5%