articles mortgage-applications-continue-to-fall-inventory-remains-low 
Housing Wire
JUNE 21, 2022
The housing nightmare continues. Now that we are almost in July, we can safely say the premise that once mortgage rates hit 4%, the mass panic selling of American homeowners who need to get out at all costs, driving total inventory up in the millions, hasn’t happened. million , down 3.4% from the previous month and 8.6%
Housing Wire
NOVEMBER 18, 2022
The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months now: sales are declining while total inventory data has fallen directly for the three straight months. Last year starting in October, purchase application data had an abnormal volume rise toward the end of the year.
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Housing Wire
FEBRUARY 8, 2021
Not the forbearance plans themselves, which allowed mortgage holders to delay their payments for many months, but the fact that 2.72 million homes remain in forbearance and can therefore be considered at risk. The MBA purchase application data is growing at a trend of 12% year over year. Presented by: PropStream.
Housing Wire
DECEMBER 20, 2021
Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortgage rates — would hold up the housing market. The 10-year yield and mortgage rates. That range dictated that mortgage rates would roughly stay between 3.5%-4.75%.
Appraisal Today
SEPTEMBER 1, 2023
Most of them fall into these categories: Challenging and complex properties Unique property types Properties with atypical characteristics Historic properties Rural properties Non-compliant properties “A yurt, a space dome, and a two-story single-wide mobile home. Odd properties tend to be challenging yet rewarding in terms of the fee.
Lamacchia Realty
APRIL 15, 2022
Rates dropped to historic lows to keep buyers buying, prompting an influx of new applications and re-finances as obtaining a mortgage was more affordable than ever. Sellers kept listing, albeit, at a much slower pace, and buyers were buying at the highest rate in over 15 years, absorbing inventory faster than ever.
Appraisal Today
SEPTEMBER 2, 2022
In other words, USPAP doesn’t prohibit a mortgage broker from calling and asking you to develop an appraisal based on a predetermined value, but USPAP does prohibit you from accepting that assignment. I was trained at an assessor’s office with no pressure to appraise high or low, fail to disclose defects, etc. I was very lucky.
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