Housing Wire

FEBRUARY 7, 2023

The Federal Reserve (Fed) actions that resulted in millions of borrowers receiving mortgage rates below 4% gave way to Fed actions that… triggered mortgage rates to rise above 7% in the fall of 2022. The fees are typically lower than in new loans, and no appraisal is needed. The product, known as an assumable mortgage, is not new.

Mortgage 364

Mortgage Loan Officers Government Buyers 364

Housing Wire

OCTOBER 1, 2021

Stevens, President at SRE.com, about the challenges mortgage loan officers and brokers face as the market continues to shift toward purchase money business and how human-assisted eCommerce can help them win more business. HousingWire: Why should referrals be a key part of originators’ strategies?

Business 310

Business Loan Officers Real Estate Agent Real Estate 310

Housing Wire

APRIL 13, 2021

Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap. Real estate agents and lenders are working together to try to get buyers into houses.

Housing Market 532

Housing Market Buyers Marketing Real Estate Agent 532

Housing Wire

MARCH 1, 2022

This brings me to a trend in the 2022 Tech100 nominations that was more prominent than any year I can remember — an emphasis on technology enabling headcount efficiency and cost reduction. And yet, we’re finally in 2022, and I’m going to go out on a limb and say disruption has failed. No surprise here. Instead, innovation prevails.

Real Estate 319

Real Estate Brokerage Real Estate Agent Technology 319

Housing Wire

DECEMBER 11, 2023

When affordability meets fair housing Recently, during a coaching session with an agent, that agent shared how a recent seller, Bob, sold his home of 20 years and made so much money on the sale that he was able to purchase a retirement home in Savannah, Georgia, and have plenty of money left over for a nice retirement nest egg.

Real Estate Agent 410

Real Estate Agent Real Estate Agents Lending 410

Housing Wire

JULY 25, 2022

Local real estate agents, loan officers and appraisers from each city share what characteristics are currently defining their housing markets. 1 housing market for spring 2022, there is no doubt that the housing market in Rapid City is one to watch. In March 2022, the median list price of a home was up 21.4%

Housing Market 320

Housing Market Marketing Real Estate Real Estate Agent 320

Housing Wire

APRIL 16, 2024

The company recently launched a mortgage brokerage firm that offers a plug-and-play program for real estate agents to become mortgage loan officers, a practice called dual licensing. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%.

Real Estate Agent 405

Real Estate Agent Loan Officers Real Estate Agents 405

Cornerstone

JANUARY 7, 2022

Now it’s 2022, and both homebuyers and sellers have questions. Housing market predictions 2022: Insight from 5 experts. Here’s what you can expect for 2022, according to the experts: 1. Here’s what you can expect for 2022, according to the experts: 1. More sellers should list. “We Reading Time: 3 minutes.

Housing Market 52

Housing Market Marketing Sellers Inventory 52

Lamacchia Realty

JANUARY 23, 2023

This is when you will meet a loan officer from various mortgage companies. Each mortgage lender will scrutinize your financial background and use this info to determine whether to loan you money and what size monthly payment you can afford. Step 4: Find a real estate agent. Step 6: Get a home inspection.

Real Estate Agent 67

Real Estate Agent Inspection Realty Real Estate 67

Housing Wire

JANUARY 31, 2023

Marquis, whose production volume dropped by nearly one-third to $351 million in 2022 from the previous year’s $951 million, is cautiously optimistic about the mortgage industry. I can’t tell that seller, ‘I’ll buy your house contingent on me selling mine.’ Kim: How do you keep up with these agents and financial advisors?

Inventory 321

Inventory Marketing Business Buyers 321

Eppraisal

APRIL 20, 2021

It's a sizzling, fast-paced seller's real estate market right now. A full pre-approval is when a mortgage loan officer pulls your credit, verifies your employment and income, has your complete application and has all the required documents from you. Closing Date Give the sellers their preferred closing date.

Sellers 66

Sellers Loan Officers Inventory Home Value 66

Housing Wire

DECEMBER 28, 2023

In his 20 years in mortgage banking, no year has compared to 2023 in terms of difficulty, said Ben Cohen, Guaranteed Rate ’s managing director and a top-producing loan officer. It was another brutal year, pushing loan originators to work longer hours, close loans faster while diversifying their mortgage product offerings.

Business 404

Business Mortgage Loan Officers Inventory 404

Housing Wire

OCTOBER 20, 2023

And with millennials emerging as the largest generation of homebuyers in today’s market, comprising 28% of all homebuyers, real estate agents need to master social media or they might miss out. Sixty percent of agents surveyed believe that social media provides higher quality leads than the MLS.

Real Estate 346

Real Estate Agents Real Estate Agent Clients 346

Housing Wire

MAY 31, 2022

Chicago’s housing market started out hot in 2022. The Mortgage Bankers Association expects loan origination volume to drop to about $2.5 trillion in 2022, down significantly from last year’s $4 trillion. Since its establishment in 2008, the firm said it has bought and sold about $12 billion in residential real estate.

Mortgage 382

Mortgage Construction Lending Real Estate 382

Housing Wire

JULY 25, 2023

My customer is the real estate agent. Loan officers — myself included — need to strengthen their mindset. MW: In 2022, my team and I created a mantra. My team, we work hand in hand with real estate agents, showing them how to compete and win in a multiple offer situation.

Real Estate Agent 250

Real Estate Agent Mortgage Real Estate Training 250

Appraisal Today

SEPTEMBER 15, 2023

The survey results had a comparison of 2022 and 2023, which was very interesting. One-quarter (26 percent) cite technology fees (not an option in 2022). NAR Appraisal Survey 2022 Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!!

Appraisal 85

Appraisal Real Estate Agent Contracts Real Estate 85

Appraisal Today

OCTOBER 14, 2022

Appraisers who excel in this specialized field are generally those who “are willing to spend the time necessary to complete extensive research, are willing to write detailed appraisal reports, and are willing to communicate and interact with real estate agents and builders in the luxury real estate market,”.

Appraisal 52

Appraisal Insurance Real Estate Business 52

Appraisal Today

AUGUST 13, 2023

Dear Sellers, the housing market misses you It’s tough to value properties today! As I talk with appraiser colleagues and real estate agents, I’m hearing this sentiment quite a bit. Rates increased for all loan types in our survey, with the 30-year fixed mortgage rate increasing to 7.09 And I feel it myself.

Appraisal 77

Appraisal Contracts Real Estate Agent Mortgage 77

Appraisal Today

JANUARY 12, 2024

Ignoring market conditions adjustments makes us look incompetent to buyers, sellers, lenders, Realtors, and the general public. The small rate declines expected will aid affordability to a minor degree after the surge in housing costs for buyers in 2022–2023. Many referrals come from real estate agents.

Appraisal 69

Appraisal Contracts Mortgage Marketing 69