Housing Wire

MAY 12, 2023

The company failed to adjust to a landscape of high mortgage rates, low inventory levels and fierce competition. The buyer inherited a lender that produced $891 million in mortgage loans in Q1, compared to $1.7 The buyer will also assume $500 million in Home Point’s senior notes due in February 2026.

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Buyers Inventory Business Mortgage 348

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 Rates are too volatile for buyers to have that confidence, Oakes noted.

Mortgage 450

Mortgage Buyers Inventory Technology 450

Will Springer Realtor

JANUARY 9, 2024

Perhaps too late in the year to make a difference to many, at least the Fed’s upbeat forecast offers renewed hope for the pent-up pool of prospective buyers – possibly sellers, too – to seek out a new home in the coming 12 months. Inventory fell in terms of months of supply across the county. months’ inventory was available as of Jan.

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Housing Market Marketing Inventory Lending 61

Appraisal Today

FEBRUARY 2, 2024

To see the timeline (from 2018 to 2026) PDF, Click Here Too large to include in this newsletter. For residential appraisers, it remains imperative to remember that even as the market shows initial signs of correcting, inventory still sits at extremely supply-constrained levels from a historical context.

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Appraisal Contracts Training Real Estate 67