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ARMs race: adjustable-rate mortgages make a comeback

Housing Wire

But this year, as rates have crested 6%, about 70% of Neat’s originations are adjustable-rate mortgages, a product that until recently had fallen out of favor due to the role they played in the housing crash of 2008 and a decade-plus of fixed-rate mortgages under 5%. . It’s not a bad thing for borrowers, lenders, and loan investors.

Mortgage 368
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How to Maximize Appraisal Underwriting Approvals in Rural Markets

Genworth MI Blog

In 2008, Congress passed the Housing and Economic Reform Act. Because of the lack of housing inventory (and available inventory) in rural markets, rural buyers are often less sensitive thank their urban counterparts to differences in housing styles and features. I refer to this approach as high-level bracketing.

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How to Maximize Appraisal Underwriting Approvals in Rural Markets

Genworth MI Blog

In 2008, Congress passed the Housing and Economic Reform Act. Because of the lack of housing inventory (and available inventory) in rural markets, rural buyers are often less sensitive thank their urban counterparts to differences in housing styles and features. I refer to this approach as high-level bracketing.

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

In this analysis, we also show you current data along with key lessons from both the 2015 oil price crash and the 2008 great recession. For certain parts of the economy, usually in the upper-income brackets, they didn’t carry a lot of debt and they couldn’t go out to spend their money. Remember: real estate is hyper-local!