Sunday, May 12, 2024 | The Latest Buzz for the Appraisal Industry

Mortgage Lenders Anticipate Improved Refinancing Volumes

For the fourth consecutive quarter, a plurality of mortgage lenders expect near-term profitability to decrease, according to Fannie Mae’s Q3 2021 Mortgage Lender Sentiment Survey (MLSS). According to the survey, 46% of mortgage lenders believe profit margins will decrease in the next three months, an improvement from 69% in the prior quarter, while 38% believe profits will remain the same and 15% believe profits will increase.

Increased competition and changing market conditions were the

This post was originally published on this site

Karen Connolly

Going to Extremes

Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies

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