2025 Inventory Lending Loan Officers 
Housing Wire
DECEMBER 29, 2023
“At the end of the day if mortgage rates come down, I don’t just think that’s gonna solve the inventory problem right away,” said Ben Cohen, managing director at Guaranteed Rate. But a combination of factors – high home prices , lack of inventory , elevated rates — temper expectations for even a moderately strong year.
Housing Wire
DECEMBER 11, 2023
A top-tier borrower with a 780 FICO score and a 25-30% down payment for a single-family vanilla 30-year fixed-rate mortgage was quoted 6.875% on Thursday, said Larry Steinway, senior vice president of mortgage lending and branch manager of Revolution Mortgage. “We We are definitely seeing an uptick in demand. in 2024, followed by 5.5%
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Housing Wire
SEPTEMBER 12, 2023
“Lenders and loan officers right now are just in survival mode,” Hoff said in an interview. About 20 loan officers under her leadership produced $116 million in mortgages over the last 12 months, a drop from $223 million in 2022, according to the mortgage tech platform Modex. . When will the market turn? .”
Housing Wire
JUNE 2, 2023
Meanwhile, 2025 and 2026 will be off the charts. What does Ishbia think about surging mortgage rates , lack of housing inventory and monetary and policy pressures ? And 2024, 2025 and 2026, they’ll be the three best mortgage years in history because everybody that’s doing 6.5% Rates lowering frees up inventory.
Housing Wire
AUGUST 16, 2023
Meanwhile, executives at UWM’s biggest rival, Rocket Mortgage, told analysts that its local loan officer recruiting initiative doesn’t represent a mortgage strategy change. His prediction is that 2025 and 2026 “will be off the charts.” The size of the lending opportunity in the upcoming years is hard to figure at the moment.
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