Fri.Nov 26, 2021

article thumbnail

Will Omicron variant stop first Fed rate hike?

Housing Wire

Life comes at you fast. During this Thanksgiving week, we went from higher yields and the first Fed rate hike storyline to a big drop in bond yields and scary headlines on a new COVID variant, Omicron. How do we make sense of all this? In this type of economic environment is it even possible for mortgage rates to get to 4% and can the Federal Reserve really hike rates in an aggressive fashion?

Retail 536
article thumbnail

Rates Move Swiftly Lower Due to New Covid Variant; Delinquencies Remain Elevated

Appraisal Buzz

Just when it looked like the current week would fizzle out on a negative note for rates, our least favorite market mover is back in the news. B.1.1.529 (designated now as “Omicron”), a new covid variant hit the market like a ton of bricks on Friday morning. 48 hours earlier, Google had never heard of it. Search interest began to ramp up on Thanksgiving Day.

Design 195
Insiders

Sign Up for our Newsletter

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

article thumbnail

Zillow quits iBuying, will lay off 25% of staff

Empire Appraisal Group

Zillow CEO Rich Barton (Credit: Barton by Steve Jennings/Getty Images for TechCrunch; iStock). Source: Zillow Quits iBuying, Will Lay Off 25% of Staff – The Real Deal. Zillow is leaving the home-flipping business for good and preparing to lay off a quarter of its workforce. After halting new purchases last month , citing a backlog as it looks to offload 7,000 homes , many at hefty discounts , the company is packing it in for good, according to its quarterly filings with the U.S.

article thumbnail

What’s New in Appraisal Membership: November 2021

Appraisal Buzz

McKissock’s Unlimited Learning Members enjoy 24/7 access to a wide variety of online appraisal classes, webinars, videos, podcasts, checklists, job aids, and other resources. Plus, we’re adding to our library each month so that you get the most current and relevant information to grow your real estate appraisal career. Do you already have an Unlimited Learning Membership ?

Appraisal 195
article thumbnail

What’s New in Appraisal Membership: November 2021

McKissock

McKissock’s Unlimited Learning Members enjoy 24/7 access to a wide variety of online appraisal classes, webinars, videos, podcasts, checklists, job aids, and other resources. Plus, we’re adding to our library each month so that you get the most current and relevant information to grow your real estate appraisal career. Do you already have an Unlimited Learning Membership ?

article thumbnail

BiggerPockets Money Podcast 252: Finance Friday: Self-Employed Revenue, Health Insurance, and Hiring

BiggerPockets

It takes a leap of faith to leave a W2 job and wander through the hills and valleys of self-employment. With the right skill set, time management, and perseverance, you […].

More Trending

article thumbnail

Demand for better housing greater among immigrants – StatCan

Mortgagebroker News

In the longer term, immigrants also tend to carry more housing debt and other financial burdens, body says

69
article thumbnail

How To Sell a House With Foundation Problems

Mashvisor

Can you sell a house with foundation problems? It is difficult to sell a house with foundation issues.

article thumbnail

GTA home sales accelerating amid depleting inventory

Mortgagebroker News

Benchmark prices are nearing all-time highs, industry groups say

article thumbnail

October 2021 South Florida Housing Report

Lamacchia Realty

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for October 2021 compared to October 2020. It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market. 2019 will be examined in some areas to highlight the lingering impact of

Realty 54
article thumbnail

What do leadership changes mean for Lendesk?

Mortgagebroker News

The company is setting its sights on ambitious growth in the coming years

69
article thumbnail

Homebuyers Paying More for Homes in Massachusetts Through October 2021

Buys Brokers Only LLC

Massachusetts single-family home sales were flat through October 2021, but median home prices surged double digits during the first 10 months of the year.

50
article thumbnail

HomeEquity Bank on reverse mortgage pros and cons

Mortgagebroker News

The product type comes with unique advantages and drawbacks

article thumbnail

Mortgage analyst highlights Canadian market's 2022 prospects

Mortgagebroker News

Volatility is expected to be the norm in the near future, observer says

article thumbnail

HomeEquity Bank on reverse mortgage pros and cons

Mortgagebroker News

The product type comes with unique advantages and drawbacks