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A look at the mortgage hot topics for 2024

Housing Wire

This implies easing inflation next year, and mortgage rates near 6% would help affordability issues caused by two things: The inflation fight has fueled the mortgage rate spike Low inventory and a steady job market have put a floor on home prices The good news is that GSEs remain committed to loan approval guidelines that help in these tough cycles.

Mortgage 355
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DocMagic’s Total eClose provides everything lenders need for a 100% paperless eClosing

Housing Wire

Total eClose, DocMagic’s end-to-end eClosing solution provides everything needed for a 100% paperless eClosing including a comprehensive suite of eSolutions leveraging SMART Doc eNotes, Remote Online Notarization, Certified eVault and Investor Delivery technology. Request a demo today and DocMagic will show you how.

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CITIES FACE DAUNTING OFFICE-VACANCY CHALLENGE

Will Springer Realtor

Moody’s Investors Service noted that banks hold approximately half of the $6T in commercial real estate debt, with the largest share maturing within the next three years, according to Reuters. It is lack of labor, land/lots, lumber/materials, lending for builders and land developers and ever-costly legal/regulatory costs,” he said.