Remove Contracts Remove Housing Market Remove Mortgage Remove Open Houses
article thumbnail

‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

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 504
article thumbnail

Mortgage rates are the highest they’ve been this year. Did loan officers expect this?

Housing Wire

“ 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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Price Adjustments in this New Housing Market

Lamacchia Realty

In early March it was becoming clear that the market was changing from a frenzied post-pandemic scene to one where rising mortgage rates would slow it down and help inventory finally rise back up. Rising prices weren’t favorable but with historically low mortgage rates , they were still affordable for buyers.

article thumbnail

Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. In addition, mortgage rates are at an all-time low. Worried about missing out on a boom?

article thumbnail

9 Things to Know Before Selling a Home For Sale by Owner

Raleigh Realty

You manage the marketing, showings, open houses, and all other aspects of the sale To those who have bought and sold several houses in the past or have a real estate background, this may be another enticing aspect of going for sale by owner route. This may be a themed open house that involves food, entertainment, etc.

article thumbnail

Top Ten Reasons Why It Is Great to be an Appraiser!

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on AMC fees, Real estate forecast, Google Business Profile, unusual homes, mortgage origination stats, etc. Direct lender (and mortgage broker) fees had slight declines and increases, whatever happened to the number of originations. =

article thumbnail

Appraisers: How and Why To Check Carbon Monoxide Detectors

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on Fannie and Competency, mortgage rates, extraordinary assumptions, vacant l and, unusual homes, mortgage origination stats, etc. Chuck Norris eats 7% mortgage rates for breakfast. Start believing the Fed about their intent to change the housing market.