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As title insurance volume shrinks, workers take on more tasks

Housing Wire

As the mortgage rate environment became increasingly volatile in August and early September, one in three title insurers reported order volume that was below or far below average. However, 67% of respondents are over the age of 45, with the largest age brackets being 45-54 and 55-64 at 28% each.

Insurance 384
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HMDA: The top 10 FHA lenders by volume in 2021

Housing Wire

Origination volume for FHA -insured loans increased by 3% in 2021, growing from $324 billion in 2020 to $332.24 billion, an analysis of Home Mortgage Disclosure Act (HMDA) data by Polygon Research application HMDAVision found. The top FHA mortgage originator by volume was Freedom Mortgage Corp. originating $25.5

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2022 Bidding Wars – How to Strike and Win

Lamacchia Realty

Inventory initially dropped in March 2020 as a result of sellers pausing on listing their homes and that number has stayed extremely low since. They should be well known, respected among agents in the area, and highly specialized in mortgage lending. Speak with your lender to determine the earliest mortgage contingency date.

Sellers 71
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2023 Bidding Wars – How to Strike and Win

Lamacchia Realty

They should be well known, respected among agents in the area, and highly specialized in mortgage lending. If you widen the search bracket to reflect homes $50K under your budget, you may have an easier time winning a bidding war because you’ll be able to offer much higher than the asking price. Real estate is a long game.

Buyers 41
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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

What’s shocking is (through the end of 2020) about 23% of Houston neighborhoods in specific areas are still selling at LOWER PRICES than before Hurricane Harvey hit in 2017. Today's monthly payments on a $500,000 mortgage are about the same as a $210,000 mortgage from the mid-1990s or a $300,000 mortgage from 2007.