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It hasn’t been this hard to get a mortgage in six years

Housing Wire

The drop in the availability of credit was “driven by a reduction in supply from both conventional and government segments of the market,” said Joel Kan, an MBA associate vice president. Credit continues to tighten because of uncertainty still looming around the health of the job market ,” Kan said. “A 20 forecast.

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Market Update Parkland and Coral Springs Q3 2023

Empire Appraisal Group

Market Update Parkland and Coral Springs Q3 2023 Since 2005, Empire Appraisal Group, Inc. He has been appraising real estate since 2003 and has successfully completed over 10,000 residential property appraisals. The post Market Update Parkland and Coral Springs Q3 2023 appeared first on Empire Appraisal Group.

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Pompano Beach and Deerfield Beach Market Update Q3 2023

Empire Appraisal Group

Pompano Beach and Deerfield Beach Market Update Q3 2023 Since 2005, Empire Appraisal Group, Inc. He has been appraising real estate since 2003 and has successfully completed over 10,000 residential property appraisals. The post Pompano Beach and Deerfield Beach Market Update Q3 2023 appeared first on Empire Appraisal Group.

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

Housing Wire

Well, it isn’t 2008, but this type of loan does have risk — and it’s the risk that is traditional among all late economic cycle lending in America when the loan requires low or no downpayment. So when you add move-up buyers, move-down buyers, first-time homebuyers, cash buyers and investors together, this can get out of hand.

Inventory 544
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What will housing credit look like in next recession?

Housing Wire

housing market would crash during the pandemic. However, the current housing market is much different than the credit boom-and-bust cycle of 2002-2008, and it’s vital to understand why. housing market. Many people predicted that the U.S. during the last few years, nor can we ever. That is not the case today.

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ReverseVision acquired by Constellation Software

Housing Wire

This acquisition expands our footprint in the digital mortgage ecosystem, and we are thrilled to have them join us as we continue to develop innovative and streamlined technology solutions in the lending space.”. The company also serves “100%” of reverse mortgage investors, according to the sale announcement.

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The forbearance crash bros spoke too soon

Housing Wire

Some of their biggest hits (or should I say misses) in the last 8 years have been the never-realized silver tsunami crash, the ever popular investor supply crash, the Airbnb supply crash, and this year, COVID-19 was for sure going to send prices crashing 30%-50%. Needless to say, this was a very precarious and unhealthy market.

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