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NAR Appraisal Survey 2022

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on Fannie Mae, Real estate market, Disbility, Redlining, unusual homes, mortgage origination stats, etc. =. Table of Top 5 appraisal defects, with Sample Defect Details and CU info. If disabled, you may be able to continue working, but at a reduced capacity.

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FHA Handbook 4000.1 Appraisal Changes

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on unusual homes, mortgage origination stats, etc. From 2017 through at least 2020, City National avoided marketing and underwriting mortgages in majority-Black and Hispanic neighborhoods. The article source above is the local newspaper Reno Gazette-Journal.

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Housing inventory crisis continues in 2022

Housing Wire

Inventory always falls in the fall and winter, but I hoped it wouldn’t be a repeat of 2020. Unfortunately, that didn’t happen and recent data shows that we are at fresh new all-time lows in housing inventory, with mortgage rates and the unemployment rate both under 4% currently. Houston, we have a problem.

Inventory 536
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ROOTING HARD FOR LOWER MORTGAGE RATES

Will Springer Realtor

Instead, many eyes may have been captivated by something else dropping – interest rates. The Federal Reserve recently updated its forecast, hinting at a potential decrease of about 75 basis points (0.75%) in its short-term lending rate by the year’s end – promising news for borrowers in 2024. rating poorly for housing costs.

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Millennials Expected To Maintain Real Estate Buying Intensity

Will Springer Realtor

Home prices are overheating, mortgage rates are inching up from the start of the year and the supply of homes is in an unseasonable valley – far from its Mt. One of the reasons for the continued home-sales intensity – in any season – is a key group of “new” buyers. Rainier-esque peak of a decade past! Thank you, Millennials!

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VA Required to Encourage Hybrid Appraisals

Appraisal Today

The mortgage industry has been wanting this for a long time. I still recommend VA to appraisers as they are the only mortgage organization that wants to help the borrower instead of making as much money as possible. I kept writing 2021 on my manual personal checks for 2022 because I did not set up 2022 on 5-6 checks.