Remove 2030 Remove Development Remove Lending Remove Mortgage
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Rocket Mortgage breaks into the solar industry

Housing Wire

Rocket Companies , parent of Rocket Mortgage , has its eyes on the solar energy industry, announcing this week that it will enter the green energy game by 2022. The study also found that solar accounted for 43% of all new electricity-generating capacity added in the nation last year and predicted that the solar market will quadruple by 2030.

Mortgage 421
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Black Americans still face massive housing barriers

Housing Wire

Nationwide, Redfin reported that 16% of Black Americans who apply for mortgages are rejected, compared with 7% of white Americans. The CFPB found that lenders engaged in deceptive business practices, including violations of the Truth in Lending Act and the Equal Credit Opportunity Act, and provided inaccurate data on mortgage loans.

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Opinion: More can be done to shorten the average time to close

Housing Wire

Then, they think about the mortgage : a good rate, good monthly payments, and approval. It doesn’t lend itself to a 24-hour cycle. For numerous reasons, the curative department of a title firm likely doesn’t have the technology to procure things like a satisfaction of mortgage or release. Then, they might become hopeful.

HOA 466
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Opinion: More should be done to shorten the average time to close

Housing Wire

It doesn’t lend itself to a 24-hour cycle. With all these nuances, it’s unlikely that a centralized production system developed for nationwide usage can eliminate the need to manually enter, for example, borrower information into a proprietary municipal website. Real estate will look different in 2030, perhaps even in 2024.

HOA 432
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Will Home Values Hold?

Eppraisal

The Expense of Home Financing Banks and finance companies make their profits by putting a price tag on the money they lend. Depending on the mortgage amount, an institution can accrue a significant number of dollars from a borrower. This development results in a lowering of overall demand and forcing home values down.

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High Financing Hurdles Lead to Low Housing Activity in Seattle/King County

Will Springer Realtor

The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. We’re just trapped in this equilibrium of low inventory, house prices not coming down, high mortgage rates and current owners who have a strong incentive to just sort of stay where they are and wait this out.” There are 7.4%

Finance 67