Housing Wire

SEPTEMBER 23, 2022

You think things are bad in the housing market now? Even the most battle-tested industry players are preparing for one of the strongest housing market corrections in decades. Probably, the housing market needs to go to a correction to get to that place.” trillion in 2023 will look awfully rosy.

Housing Market 370

Housing Market Marketing Mortgage Buyers 370

Housing Wire

FEBRUARY 28, 2022

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. This past summer, we only had 25 houses.”.

Housing Market 386

Housing Market Marketing Buyers Agents 386

Housing Wire

APRIL 29, 2022

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Conway, Arkansas. Rochester, New York.

Housing Market 362

Housing Market Marketing Agents Real Estate 362

Housing Wire

MAY 20, 2022

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. in 2021 to $330,745. “It

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Housing Market Marketing Real Estate Agent Real Estate 399

Housing Wire

JULY 28, 2022

As the Federal Reserve announced yet another 75 basis point interest rate hike Wednesday, loan officers and lending executives — already well aware of the news — were looking ahead, questioning whether mortgage rates will spike or dip in the aftermath. Census and the Department of Housing and Urban Development.

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Housing Market Marketing Loan Officers Buyers 304

Housing Wire

JULY 26, 2023

When clients find their dream house and are ready to make an offer, Todd Armstrong’s next call isn’t necessarily to the seller’s agent or the buyer’s loan officer. “We In our weekly DataDigest newsletter, HW Media Managing Editor James Kleimann breaks down the biggest stories in housing through a data lens. The result?

Insurance 367

Insurance Housing Market Marketing Supply Chain 367

Housing Wire

APRIL 7, 2021

Fannie Mae’s Home Purchase Sentiment Index (HPSI), a composite index designed to track the housing market and consumer confidence to sell or buy a home, increased in March by 5.2 The post Home sellers are feeling good about 2021 appeared first on HousingWire. points to 81.7.

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Sellers Real Estate Agent Real Estate Loan Officers 509

Housing Wire

FEBRUARY 20, 2024

Today, a mortgage lender must have scalability in its operation, an ability to pivot quickly to meet changing market conditions and client needs, a well-designed technology stack and, above all, a keen sense of what its customers and the marketplace truly want from them. The lender’s role in succeeding by helping its LOs succeed.

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Loan Officers Technology Lending Tools 394

Housing Wire

SEPTEMBER 22, 2022

With the new mortgage program, customers receive loan estimates and closing disclosures in Spanish as well as a real-time digital version they can save. 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. billion in loans.

Marketing 365

Marketing Tools Loan Officers Finance 365

Housing Wire

JUNE 4, 2021

Austin is still the nation’s hottest housing market, as tech workers continue to flock to the Lone Star State’s capital. In 2021 alone, 1,440 Austin homes have sold for between $100,000 and $299,999 above asking price, and 72 have already sold for $300,000 or more above asking price, per a recent study from Redfin.

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Marketing Sellers Finance Loan Officers 492

Housing Wire

FEBRUARY 10, 2023

Beret Kechian, loanDepot ’s top producer and branch manager, is joining a slew of mortgage loan originators who are cautiously optimistic about the mortgage landscape in 2023. I really think they had about three months last year where it was a buyers market in the fourth quarter. Connie Kim : Tell us about your main market.

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Marketing Inventory Loan Officers Buyers 368

Housing Wire

JULY 7, 2022

With a rapid spike in interest rates, inventory at historic lows, home prices rising at unprecedented levels above income, and a purchase market that is both highly anxious and digitally reliant, mortgage and real estate professionals must be strategic to capture the market opportunity today. Inventory rising, historically low.

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Inventory Marketing Mortgage Supply Chain 395

Housing Wire

SEPTEMBER 22, 2022

Mortgage rates in the 6% range have frozen the housing market, forcing loan officers to find business outside their wheelhouses. Business is at a “dead stop,” said a retail loan officer in Michigan. Mark Glebman, Caliber Home Loans. higher than last year. million to 1.93 million. .

Mortgage 383

Mortgage Loan Officers Inventory Retail 383

Housing Wire

SEPTEMBER 22, 2022

Mortgage rates, now around 6.5%, are cooling down the housing market and triggering mass layoffs in the mortgage and real estate industries. ” The Fed’s short-term rate does not directly impact long-term mortgage rates but it does steer market activity to create higher rates and reduce demand. About 9.1%

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Mortgage Loan Officers Buyers Inventory 416

Housing Wire

MAY 25, 2022

Each pod has about 15 employees consisting of loan officers, processors, closers, underwriters, supervisors, and funders, according to multiple employees. ” Loan officers, who are 100% commission based at Keller Mortgage, were not part of the layoffs, according to multiple employees. . billion this year.

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Mortgage Loan Officers Retail Training 395

Housing Wire

NOVEMBER 10, 2022

As the housing market adjusts to rapidly tightening monetary policy, mortgage rates again surpassed 7%,” Sam Khater, Freddie Mac’s chief economist, said in a statement. The housing market is the most interest-rate sensitive segment of the economy, and the impact rates have on homebuyers continues to evolve.

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Mortgage Loan Officers Lending Business 369

Housing Wire

OCTOBER 27, 2022

Mortgage rates have surged firmly above the 7% mark, making alternatives such as temporary rate buydowns and down payment assistance programs more popular, according to loan officers. Boise-based loan officer Blake Bianchi, founder and CEO at Future Mortgage , said he noticed an increase in clients choosing 2-1 temporary rate buydown.

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Mortgage Loan Officers Clients Housing Market 377

Housing Wire

APRIL 13, 2023

And, the recent rate declines are sparking optimism among economists and loan officers. “On On conventional loans, some rates have dropped by over half a percent or more. That is helping to bring people back into the market,” Cohn said in an interview with HousingWire. Would I say that business is robust?

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Mortgage Buyers Housing Market Loan Officers 369

Housing Wire

MAY 19, 2022

If there’s a bet to be made on the future of the non-agency lending space, it’s that the adjustable-rate mortgage (ARM) will become far more popular this year as purchase mortgages increasingly dominate a housing market pivoting to an up-rate environment. He described today’s non-QM market as a “very large bucket.”.

Loan Officers 446

Loan Officers Lending Mortgage Housing Market 446

Housing Wire

AUGUST 22, 2022

Well, here we are rounding out another spring and summer market. Kudos to the Loan Officers who have found a way to transition from the refinance boom of 2020 — 2021 and into the purchase market of 2022. How can you find a way to better center yourself mentally during a slower market?

Loan Officers 369

Loan Officers Lending Marketing Real Estate 369

Housing Wire

APRIL 28, 2022

The residential housing market has turned quickly due to historically low inventory of homes for sale and a rapid rise in interest rates due to inflation,” Cindy Flynn, chief marketing and communications officer, said in a statement. “We, from 2020 to 2021, to $13 billion. billion, up 65.5%

Mortgage 342

Mortgage Loan Officers Retail Construction 342

Housing Wire

MARCH 23, 2022

Nominations for HousingWire’s Marketing Leaders award are now open through Friday, March 25, 2022. Marketers and loan officers need to be prepared for a longer lead-nurture timeline today than the refi market frenzy we experienced the last two years,” said Jim Anderson, chief marketing officer at Finance of America Mortgage.

Finance 299

Finance Loan Officers Lending Housing Market 299

Housing Wire

DECEMBER 1, 2022

Inlanta was planning to expand in the summer, but the company failed to stay afloat amid worsening market conditions. The letter showed that the first round of layoffs will start on December 2 and will impact marketing staff, loan processors, underwriters and a loan officer. However, while Inlanta originated $1.74

Mortgage 377

Mortgage Loan Officers Buyers Business 377

Housing Wire

NOVEMBER 18, 2022

A combination of elevated mortgage rates, sluggish home sales and inflation continue to plague the housing market workforce, with numerous mortgage lenders and real estate startups shedding employees. Modernizing origination to stay competitive in today’s housing market. As of mid-November, the credit union originated $1.6

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Loan Officers Modernization Finance Housing Market 414

Housing Wire

NOVEMBER 3, 2021

For the first time since the beginning of the pandemic, purchase mortgages outpaced refinancings in the third quarter of 2021, according to the latest TransUnion report published on Wednesday. million in 2021. in the third quarter of 2021, compared to 2020, while Freddie Ma c increased only 1.1% trillion in the third quarter.

Mortgage 395

Mortgage Loan Officers Inventory Housing Market 395

Housing Wire

APRIL 4, 2022

The FHA also insured more than twice as many loans to Black and Hispanic borrowers last year as the rest of the mortgage market combined. As interest rates rise, so do the monthly mortgage payments, which could be problematic for low-to-moderate income borrowers, said Alex Naumovych, loan officer at Draper & Kramer Mortgage.

Insurance 369

Insurance Loan Officers Sellers Mortgage 369

Housing Wire

JANUARY 31, 2023

It’s also what keeps Andrew Marquis, regional vice president at CrossCountry Mortgage and Scotsman Guide ’s seventh top LO, up at night, especially as he sees more buyers entering the market. How has business been in the Boston market? Andrew Marquis : Markets are very different from city to city and state to state.

Inventory 365

Inventory Marketing Business Buyers 365

Housing Wire

MARCH 24, 2022

The national median monthly mortgage payment settled in loan applications increased 8.3%, from $1,526 in January to $1,653 in February, according to a survey published Thursday by the Mortgage Bankers Association. Compared to February 2021, payments jumped 25.6%. In February 2021, the index was 120. in November 2021 and 1.15

Loan Officers 509

Loan Officers Mortgage Housing Market Marketing 509

Housing Wire

AUGUST 23, 2023

Loan officers were let go in August as well, according to former employees. I would say the turnaround time on marketing projects has been slowed down because of the market for sure,” another former employee said on the condition of anonymity due to fear of retaliation. market share, IMF data showed.

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Human Resources Loan Officers Project Management Training 284

Housing Wire

JANUARY 12, 2023

“Fifteen months after I vowed that the Justice Department would be aggressively stepping up our efforts to combat discriminatory practices in the housing market, we have today secured the largest redlining settlement in Department history,” attorney general Merrick B. Garland said in a statement.

Advertising 371

Advertising Loan Officers Mortgage Lending 371

Housing Wire

MAY 18, 2021

While home-buying has been historically seen as difficult, the process is getting a rebrand as loan officers, real estate agents and industry experts answer the questions that Gen Z (and any generation that won’t willingly admit to using the app) have on TikTok’s platform.

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Loan Officers Real Estate Agent Real Estate Design 365

Housing Wire

DECEMBER 10, 2021

Below, Mettle answers questions about the housing industry: HousingWire: To start off, what is your current favorite HW+ article? Josh Mettle: “ Pending home sales shock 2021 housing crash bears ,” by Logan Mohtashami – this article sums up what I’ve been saying for many years, supply & demand are king!

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Loan Officers Housing Market Mortgage Tools 372

Housing Wire

MARCH 6, 2023

The combination of an economic uncertainty, high mortgage rates and persisting affordability challenges will further reduce purchase demand, which keeps Monson and thousands of loan officers up at night. While mortgage rates are high, rent in the Tampa Bay, Florida market has also been rising. It’s starting to even out.

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Loan Officers Inventory Real Estate Agent Buyers 381

Housing Wire

OCTOBER 6, 2021

The loss was primarily driven by a “decrease in overall funding activities in the mortgage market” that resulted in a “significant” decline quarter-over-quarter of the company’s gain on sale margin. The filing revealed that refi loans made up 85% of funded loan volume for Better.com in last six months, while purchase volume was close to 15%.

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Insurance Investors Real Estate Loan Officers 406

Cornerstone

SEPTEMBER 3, 2021

Now that we’ve reached the second half of 2021, it’s apparent: Today’s housing market is breaking records. Here’s a closer look at which four factors are creating this never-before-seen market. The 4 reasons that today’s housing market is unlike any other. Right now, we’re seeing unique conditions like: 1.

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Housing Market Marketing Inventory Loan Officers 49

Housing Wire

DECEMBER 7, 2022

The recent declines in mortgage rates brought a glimmer of hope that borrowers might be developing more of a stomach for home loans. But even with the drop in rates to the mid-6s, the market is still nowhere near ‘normal,’ and consequently, industry experts predict a long, cold winter for loan officers.

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Mortgage Loan Officers Development Housing Market 365

Housing Wire

MARCH 1, 2021

After all, in January 2021, 30-year loans accounted for a whopping three-quarters of all mortgage originations in the country. Will we have a buyer’s housing market in 2021? How much house can you afford to buy? USDA loans. 5 reasons to refinance your mortgage right now. It doesn’t stop there.

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Mortgage Loan Officers Real Estate Insurance 427