Housing Wire

APRIL 16, 2024

To get a better idea of the dynamics driving this data, RMD spoke with Jon McCue, RMI’s director of client relations, for additional perspective and a breakdown of why business moved this way. It’s because of the hard work of all the professionals in this space working very hard to help their clients.”

Retail 418

Retail Mortgage Business Loan Officers 418

Housing Wire

SEPTEMBER 22, 2022

Where ‘inventory’ was the big concern in 2021 and early 2022, the concern today is ‘affordability,’ with the combination of substantial price increases and rising rates simply pricing more and more Americans out of the market,” Green said. According to the NAR, there were 1.28 research and consulting at TransUnion.

Mortgage 421

Mortgage Loan Officers Buyers Inventory 421

Housing Wire

FEBRUARY 7, 2023

And many buyers are waiting on the sidelines, paralyzed by low housing inventory and high rates. It essentially allows qualified buyers with a government loan to purchase a home by assuming responsibility for the sellers’ mortgage terms, including the current balance and interest rate. So why is this program so rare?

Mortgage 384

Mortgage Loan Officers Government Buyers 384

Housing Wire

FEBRUARY 10, 2023

Combine that with the lack of inventory in New Jersey and bidding wars are back, Kechian said in an interview with HousingWire. Literally, we’re right back to being a seller’s market again.” But of course, we have a lot of clients that move out of condos once they have kids and get married.

Marketing 370

Marketing Inventory Loan Officers Buyers 370

Housing Wire

JUNE 4, 2021

The winning buyer also waived appraisal and financing contingencies and dropped off cupcakes that matched the interior colors of the house, which was a nice touch because the seller is an artist and the home is unique and colorful.” . The jumbo market for brokers is back in a huge way. Presented by: Rocket Pro TPO.

Marketing 496

Marketing Sellers Finance Loan Officers 496

Housing Wire

MARCH 2, 2023

I feel like we have some people sitting on the fence again,” said one loan officer in the Portland, Oregon market. “I There are two reasons for this price stability—record low inventory and record high equity. Applications have definitely slowed down in the last few weeks. He wants to wait and see where interest rates go.”

Mortgage 441

Mortgage Buyers Loan Officers Marketing 441

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. Brown anticipates more consolidation in the industry on the mortgage production side, as “there’s less than one loan being done by a loan officer per month on average,” he said.

Housing Market 450

Housing Market Marketing Insurance Mortgage 450

Cornerstone

MARCH 12, 2021

Even in a typical year, you can expect clients to ask routine questions — and you’ll give them routine answers back. With so many changes taking place related to the pandemic, the economy, and the political sphere, your clients are going to come to you with complex questions. 4 smart answers to your clients’ top 4 questions.

Clients 62

Clients Sellers Loan Officers Real Estate 62

Housing Wire

SEPTEMBER 30, 2022

An LO in the Miami, Florida area told HousingWire that on a $400,000 home purchase, with 5% down, a 700 FICO score, his clients are being quoted 7% for conventional loans and 6.125% on FHA and VA mortgages. There is more inventory relative to demand, and deals can be found. This will be a time of changes,” he said.

Buyers 458

Buyers Mortgage Loan Officers Retail 458

Housing Wire

JULY 25, 2022

Local real estate agents, loan officers and appraisers from each city share what characteristics are currently defining their housing markets. While Nourmand said most of his clients have been local Californians, he has worked with a few Floridians and New Yorkers. “We Rapid City, South Dakota. Rapid City, South Dakota.

Housing Market 370

Housing Market Marketing Real Estate Real Estate Agent 370

Housing Wire

APRIL 14, 2022

A seasoned retail and commercial banking salesman in Fort Wayne, Indiana, the 39-year-old Woodward joined Interfirst Mortgage as a loan officer in October 2020 after a recommendation from an old college friend. billion of unutilized loan funding capacity as of Dec. The closer, the better. in consumer direct and 2.3%

Mortgage 522

Mortgage Marketing Retail Lending 522

Cleveland Appraisal Blog

OCTOBER 14, 2021

Recently, some of my well-intentioned clients have asked if it is possible to appraise a home, based upon a “normal market”. I remember loan officers telling me that I needed to be “creative” with my appraisals. It is interesting that inventory levels were increasing rapidly in the years leading up to 2008.

Inventory 243

Inventory Market Value Appraisal Contracts 243

Housing Wire

DECEMBER 29, 2023

“At the end of the day if mortgage rates come down, I don’t just think that’s gonna solve the inventory problem right away,” said Ben Cohen, managing director at Guaranteed Rate. But a combination of factors – high home prices , lack of inventory , elevated rates — temper expectations for even a moderately strong year.

Mortgage 450

Mortgage Loan Officers Inventory Business 450

Housing Wire

DECEMBER 28, 2023

In his 20 years in mortgage banking, no year has compared to 2023 in terms of difficulty, said Ben Cohen, Guaranteed Rate ’s managing director and a top-producing loan officer. It was another brutal year, pushing loan originators to work longer hours, close loans faster while diversifying their mortgage product offerings.

Business 432

Business Mortgage Loan Officers Inventory 432

Eppraisal

APRIL 20, 2021

It's a sizzling, fast-paced seller's real estate market right now. Due in part to the inventory of available homes for sale being historically low, it was low at the end of 2019 and continues to drop. Your loan officer may even put your file through an initial underwriting. Be prepared to offer at least asking price.

Sellers 66

Sellers Loan Officers Inventory Home Value 66

Realtor

OCTOBER 16, 2023

This can give buyers the edge, as Ameer points out, “given today’s tight market with low inventory. Listing agents are going to recommend their seller ask for shorter time periods for loan approval.” ” 10. .”

Mortgage 190

Mortgage Real Estate Agent Real Estate Buyers 190

Housing Wire

MAY 10, 2023

For prospective home buyers and sellers, that could mean a gradual decline in mortgage rates , which would unlock inventory and—dare I say—sales activity. There’s still plenty of money and demand emanating from New York City and Philadelphia and very little inventory. I mean very little inventory.

Loan Officers 384

Loan Officers Marketing Inventory Real Estate Agent 384

Housing Wire

MAY 8, 2023

I was tired of fighting with mortgage lenders about self-employment income, high-interest rates , and dealing with scarce inventory that fit our family’s needs. I have been in the mortgage industry for nine years, with my loan officer in the industry for 19 years and my Realtor for over 10 years. I was beyond done.

Mortgage 397

Mortgage Marketing Realtors Sellers 397

Housing Wire

MARCH 25, 2021

Successful agents, brokerages and loan officers of the future are going to rely significantly on technology to find, nurture and engage with buyers and sellers while also playing an expanding role as personal advisors. Low inventory, high trash-talking at RE/MAX. Presented by: Propertybase.

Brokerage 410

Brokerage Agents Real Estate Agent Real Estate 410

Cleveland Appraisal Blog

MARCH 30, 2021

There is a lot of demand out there, with very little inventory. It may be due to inventory levels continuing to drop. My advice to agents and sellers is to really analyze the properties that they are using to develop their asking price. This is not the only place people are shelling out a lot of bread! . Good agents know this.

Housing Market 367

Housing Market Marketing Reconsideration of Value Contracts 367

Appraisal Today

OCTOBER 14, 2022

Consistent application of both quality control and quality assurance processes for appraisal review may also be in part a reason for improvement, as appraisers have a better understanding of what is needed by their client. I have always collected all the money owed from my lender clients using the collection techniques I write about.

Appraisal 52

Appraisal Insurance Real Estate Business 52

Appraisal Today

AUGUST 13, 2023

Dear Sellers, the housing market misses you It’s tough to value properties today! The purchase index fell for the fourth consecutive week, as homebuyers continue to struggle with low for-sale inventory and elevated mortgage rates.” To read more, click here My comments: Good comments. I had never looked at appraisal downturns this way.

Appraisal 75

Appraisal Contracts Real Estate Agent Mortgage 75