Housing Wire

SEPTEMBER 22, 2023

The Federal Reserve ‘s effort to temper inflation has cooled the housing market that remains subdued with mortgage rates north of 7%. this week, Fannie Mae Chief Economist Doug Duncan believes that mortgage rates will stay elevated before the Fed makes further rate cuts. Kim: Spreads in the mortgage space are wide.

Housing Market 414

Housing Market Marketing Buyers Investors 414

Housing Wire

JUNE 27, 2022

Like many loan officers, Dicker was working nights and weekends, banging out refinancings and purchase mortgages at record-low rates for clients. About 40% of his business came from refis in the summer of 2021 even when his focus was on purchase mortgages his entire career. But the boom times are over, and he knows it.

Housing Market 395

Housing Market Marketing Brokerage Real Estate 395

Housing Wire

MAY 7, 2021

HousingWire recently spoke with PCV Murcor Founder, President and CEO Keith Murray and COO Cindy Nasser on how the appraisal process can be streamlined in today’s tight housing market. . We have seen unprecedented refi volume due to low mortgage rates, which has caused an increasing demand for appraisal services.

Housing Market 545

Housing Market Appraisal Appraisal Process Marketing 545

Housing Wire

JUNE 16, 2022

neighborhood, housing market, Fall, homes, new house sales, forbearance. The Federal Reserve ’s 75 basis point interest rate hike – its largest since 1994 – proves the central bank is laser-focused on slowing inflation, but loan officers and housing economists don’t expect mortgage rates to come down until consumer prices fall.

Housing Market 414

Housing Market Marketing Loan Officers Mortgage 414

Housing Wire

MAY 3, 2024

On the existing-home market , agents say the lack of inventory is due to a rate-lock effect, as homeowners with mortgage rates at 5% or below are reluctant to give up their rate unless a major life change necessitates a move. This influx of new residents is driving up demand for housing.”

Inventory 287

Inventory Housing Market Marketing Real Estate 287

Housing Wire

OCTOBER 14, 2022

Mortgage professionals are no exception – whether you find yourself tweeting for work or in your free time, you may also want to follow accounts for people and organizations that are relevant to the industry in order to stay up-to-date on the latest news about the housing market. economy and specializes in the housing market.

Housing Market 429

Housing Market Marketing Real Estate Finance 429

Housing Wire

JANUARY 18, 2023

Builders feel more confident in the market, housing inventory data is positive and buyer demand for mortgages has increased — but don’t be fooled. In addition, the credit rating agency expects mortgage rates to move even higher in 2023 and home prices to decline by up to 5%. “We

Housing Market 406

Housing Market Marketing Insurance Mortgage 406

Housing Wire

OCTOBER 7, 2022

With mortgage rates on the rise, mortgage professionals have been dealing with their fair share of challenges this year. Williams IV : Mortgage market volatility should not be having a huge impact on quality deal flow if your tech stack is tried and true. utilizing data to help improve deal flow in today’s market?

Housing Market 321

Housing Market Real Estate Agent Marketing Real Estate 321

Housing Wire

OCTOBER 1, 2022

The real estate market has shifted, and we are in a new housing paradigm. Mortgage interest rates have risen quickly in the past few months further eroding affordability. It is always good to know where we are with the real estate market, but it is essential to keep all data in historical perspective. . Historically 2.5

Realtors 373

Realtors Housing Market Marketing Buyers 373

Housing Wire

JUNE 6, 2023

and home prices still near record highs, homebuyers are demanding that their loan officers provide options to lower monthly mortgage payments as much as possible. Barnes, a branch manager at Mann Mortgage , recently had a client who planned to live in a new home for five years before selling it. With rates around 6.9%

Loan Officers 379

Loan Officers Clients Buyers Sellers 379

Housing Wire

APRIL 17, 2024

One planner solicited for input thinks that a reverse mortgage could be a worthy consideration, among other options, according to a new blog. “I I used to dislike reverse mortgages. A 2023 study published by Mutual of Omaha Mortgage suggested that misunderstandings about reverse mortgages remain rampant.

Property Taxes 395

Property Taxes Mortgage Tools Clients 395

Housing Wire

AUGUST 14, 2023

Local housing markets is a HousingWire magazine feature spotlighting housing trends and data across the country. I absolutely love the Columbia Basin and the reason is that we are a unique market. The combination of these factors has resulted in a hot housing market. A score of 30 denotes a balanced market.

Housing Market 283

Housing Market Marketing Inventory Agents 283

Housing Wire

APRIL 26, 2022

With a housing market in transition , originators are looking to seize profitable opportunities that benefit both borrowers and their own bottom lines. HousingWire: With interest rates gradually rising and refinance volume on the decline, how can originators benefit from adding reverse mortgages to their product mix?

Housing Market 344

Housing Market Business Mortgage Marketing 344

Housing Wire

DECEMBER 10, 2020

The Des Moines housing market has had a record-setting year for home sales, which local Realtors credit to low mortgage rates, the work from home phenomenon and Des Moines’ affordable lifestyle. Stewart also said her clients want acreage and bigger yards because everyone is inside at home, working or schooling.

Housing Market 427

Housing Market Marketing Realty Realtors 427

Housing Wire

NOVEMBER 18, 2020

Real estate agents across the country have made it clear – low inventory and low mortgage rates have kept them busy throughout the pandemic, especially in typical vacation destinations. That trend is holding true for the housing market in Hawaii, located about 2,500 miles west of the mainland. They were just here last week.”.

Housing Market 456

Housing Market Marketing Real Estate Agent Agents 456

Housing Wire

JANUARY 6, 2021

“In a red-hot housing market like Phoenix, RedfinNow is a great solution for people who need the cash from their current home to make a winning offer on their next,” Aleem said. “We ” How the mortgage industry is working together to make housing more affordable. Presented by: Fannie Mae.

Housing Market 354

Housing Market Marketing Open Houses Sellers 354

Housing Wire

OCTOBER 23, 2020

And while real estate agents repping luxury homes aren’t seeing as many bidding wars as they did this summer , their respective housing markets are still crazy right now. I’ve had many conversations with clients of mine from late April through early July, the market was total pandemonium. Presented by: NAMB. “We’ve

Housing Market 534

Housing Market Marketing Real Estate Agent Real Estate 534

Housing Wire

APRIL 29, 2024

Guild Mortgage CEO Terry Schmidt speaks last week at The Gathering by HousingWire in Scottsdale, Arizona. Cherry Creek’s addition to Guild One of the biggest examples of this came during a discussion between HousingWire Editor in Chief Sarah Wheeler and Terry Schmidt, the CEO of Guild Mortgage.

Mortgage 378

Mortgage Real Estate Real Estate Agent Business 378

Housing Wire

NOVEMBER 8, 2021

After completing countless Veterans Administration (VA) mortgage loan transactions over the years, Chris Pascoe, a Marine veteran turned RE/MAX agent, has developed something of a system. First, he has his clients lender call the listing agent. That never happens when a VA loan is involved.

Clients 374

Clients Agents Buyers Sellers 374

Housing Wire

OCTOBER 4, 2022

As more of the mortgage process becomes digital, RON has been proving to be a powerful part of the tech transformation for industry professionals. As an industry, we observed first-hand during the pandemic the transformative power technology has over the mortgage origination process, especially with the borrower’s experience at closing.

Housing Market 334

Housing Market Marketing Real Estate Investors 334

Housing Wire

JUNE 22, 2021

These are the words real estate agents use when asked to describe the current state of the market and what it’s like to buy a home today. Buyers are facing unprecedented challenges, they say, due to a confluence of housing market conditions: Pricing. The post Is this housing market affordable for the average shopper?

Housing Market 394

Housing Market Real Estate Agent Marketing Inventory 394

Housing Wire

MAY 20, 2022

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. The market is just insane,” she said. “I

Housing Market 359

Housing Market Marketing Real Estate Agent Real Estate 359

Housing Wire

MARCH 21, 2024

While reverse mortgage volume in 2024 got off to a rocky start, new data that breaks out retail Home Equity Conversion Mortgage (HECM) endorsements versus wholesale production showed that it was the former that took the bigger hit in the first month of the year, based on new data compiled by Reverse Market Insight (RMI).

Retail 336

Retail Mortgage Real Estate Agent Business 336

Housing Wire

SEPTEMBER 27, 2022

In the quest to extend homeownership to everyday Americans, local lenders—a segment that includes credit unions, community banks and independent mortgage banks serving communities across the country—play a vital role. counties , local lenders help millions of people access resources and services necessary to buy a house.

Housing Market 381

Housing Market Marketing Logistics Lending 381

Housing Wire

MAY 24, 2023

housing markets , recording some of the highest year-over-year growth in March, as measured by the CoreLogic Home Price Index. In the meantime, the combination of higher flood insurance rates and elevated mortgage rates is already cooling the housing market in Miami a bit. How are you and your clients handling it?

Insurance 330

Insurance Housing Market Marketing Real Estate 330

Housing Wire

JANUARY 19, 2023

Declining mortgage rates spurred the demand for home loans at the beginning of 2023, spreading optimism across the industry. After months of a slowing housing market, sellers are offering more discounts to close deals and mortgage lenders are launching programs to protect their clients’ rates.

Mortgage 375

Mortgage Sellers Housing Market Buyers 375

Housing Wire

APRIL 26, 2023

With few homeowners willing to give up their low mortgage rates, Mike Roberts has shifted his focus to targeting first-time homebuyers. A first-time homebuyer requires a tremendous amount of nurturing,” said Roberts, the president and founder of City Creek Mortgage. “A Niche loans consist of about 5% of Parkinson’s business. “It’s

Loan Officers 384

Loan Officers Mortgage Inventory Clients 384

Housing Wire

DECEMBER 29, 2023

After nearly two years of trudging through a frozen housing market , the consensus among mortgage professionals is that the worst of it is over. The spread between the 30-year fixed-rate mortgage and the 10-year Treasury yield has narrowed after sitting at over 300 basis points, compared to the historic norm of 150 bps.

Mortgage 437

Mortgage Loan Officers Inventory Business 437

Housing Wire

APRIL 29, 2022

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Conway, Arkansas. Rochester, New York.

Housing Market 313

Housing Market Marketing Agents Real Estate 313

Housing Wire

MAY 18, 2022

HousingWire recently spoke with Christian Mills, head of Financial Advisor Relations at Reverse Mortgage Funding, about the ways a reverse mortgage can create a stable cash flow for homeowners in the midst of a volatile housing market. HW: Some borrowers are under the impression that reverse mortgages are a last resort.

Mortgage 390

Mortgage Clients Insurance Tools 390

Housing Wire

OCTOBER 27, 2022

Mortgage rates have surged firmly above the 7% mark, making alternatives such as temporary rate buydowns and down payment assistance programs more popular, according to loan officers. United Wholesale Mortgage (UWM) launched the product in August. A year ago at this time, rates averaged 3.14%. Searching for new options.

Mortgage 343

Mortgage Loan Officers Clients Housing Market 343

Housing Wire

MARCH 5, 2024

“ Recovery year ” was the theme heading into 2024 as mortgage professionals hoped for some reprieve in a frozen housing market characterized by high interest rates, low inventory levels and sluggish sales. A little more than two months into the year, however, mortgage rates are the highest they’ve been as the U.S.

Loan Officers 372

Loan Officers Mortgage Buyers Inventory 372

Housing Wire

OCTOBER 4, 2023

In an environment where 30-year fixed mortgage rates are racing towards 8%, loan officer pipelines are thinning dramatically. Originators who primarily served move-up buyers with high credit scores and strong down payments are struggling to find clients. They are staying busy relative to the market,” Ullmann said.

Loan Officers 432

Loan Officers Mortgage Finance Buyers 432

Housing Wire

JANUARY 13, 2023

Just two weeks into 2023, Guaranteed Rate ‘s top LO and managing director Ben Cohen has also seen an increase in inbound calls from buyers wanting pre-approval for mortgages. Read on for more about Cohen’s business strategies for 2023, his take on the housing market and what mortgage products to pay attention to this year.

Buyers 369

Buyers Housing Market Marketing Real Estate Agent 369

Housing Wire

SEPTEMBER 22, 2022

Mortgage rates in the 6% range have frozen the housing market, forcing loan officers to find business outside their wheelhouses. With mortgage rates nearly doubling from the start of 2022, the LO, who has more than 20 years of experience in the industry, says it’s painful to see deals simply disappear. “I

Mortgage 373

Mortgage Loan Officers Inventory Retail 373

Housing Wire

MARCH 15, 2024

Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule.

Buyers 498

Buyers Agents Mortgage Real Estate Agent 498

Housing Wire

SEPTEMBER 22, 2022

Mortgage rates, now around 6.5%, are cooling down the housing market and triggering mass layoffs in the mortgage and real estate industries. Mortgage rates have nearly doubled to around 6.5% Will Savage, an LO at PMC Mortgage. The median existing house price increased 7.7%

Mortgage 397

Mortgage Loan Officers Buyers Inventory 397