Housing Wire

NOVEMBER 16, 2022

United Wholesale Mortgage (UWM) this week expanded its temporary rate buydown offerings amid higher interest rates and fierce competition. The Pontiac, Michigan-based lender now has an option for borrowers to reduce their rates by 3% during the first year of the loan, compared to the maximum 2% previously offered. UWM is also launching a lender-paid version as an alternative to the sellers-paid product, the company announced on Wednesday.

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Mortgage Sellers Housing Market Marketing 384

Sacramento Appraisal Blog

NOVEMBER 16, 2022

The housing market has really changed, and it’s not an easy time to work in real estate. I know people in all parts of the profession who are having a hard time and wondering how to make things work. So, I wanted to share some perspective to hopefully bring encouragement. This post is sort of […]. The post The housing market will figure it out first appeared on Sacramento Appraisal Blog | Real Estate Appraiser.

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Housing Market Marketing Real Estate Appraisal 298

Housing Wire

NOVEMBER 16, 2022

Mortgage lender NewRez added the temporary rate buydown feature to its “Smart Series” non-QM products to leverage the growing group of non-traditional borrowers. Borrowers of non-QM mortgages now have an option to reduce their rates by 3% in the first year, 2% in the following year and 1% in the third year – called a 3-2-1 rate buydown, the firm said Wednesday.

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Sellers Government Retail Buyers 379

George Dell

NOVEMBER 16, 2022

Giving Thanks. Oh Not Again! Gratitude! Each year I just get over the last one. Get over the fright of Halloween. Adjust to the unnecessary moving clocks back and forth one hour. And think about the pending spirit-oriented holidays as well as the iconic BIG deal — A new near! Oh my. […]. The post Giving Thanks — Again! appeared first on George Dell, SRA, MAI, ASA, CRE.

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Eyes on Housing

NOVEMBER 16, 2022

During the third quarter of 2022, credit continued to become less available and generally more costly on loans for Acquisition, Development & Construction (AD&C) according to NAHB’s Survey on AD&C Financing. To analyze credit availability, responses from the NAHB survey are used to construct a net easing index, similar to the net easing index based on the Federal Reserve’s survey.

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Development Construction Finance Lending 135

GoForrmz

NOVEMBER 16, 2022

See how mobile forms can benefit your packing industry business Today's economic climate makes it imperative that businesses, particularly in the global packaging and processing industry, find new ways to increase employee productivity without compromising their bottom line. This is why organizations (big and small) are turning to GoFormz as a solution for converting their cumbersome, ineffective, and costly paper worksheets into dynamic mobile forms that enable real-time data collection and ana

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Business 78

Mashvisor

NOVEMBER 16, 2022

Inflation went up slightly month-over-month in October 2022. It means inflation may be slowing down, but how does it affect investors?

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Real Estate Investors Tenants Landlords 89

Lamacchia Realty

NOVEMBER 16, 2022

Members of Lamacchia Realty staff and agents were invited to tour Boston Children’s Hospital on Tuesday, November 15th to accept a commemorative check in honor of the $231,000 raised since 2017 for the patients and their families. Lamacchia Realty has been fundraising for BCH under the Lamacchia Cares initiative through annual toy drives , virtual toy drives , and participation in their Corporate Cup events and NStar Walk.

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Decorating Realty Agents 73

Hank Miller Team

NOVEMBER 16, 2022

Here’s a fun fact, real estate agents in GA have no fiduciary responsibility to their client or customer. Some may ask, “what does that mean”? Well, the exact definition varies depending on the type of business, but in short a fiduciary is a person or organization that acts on behalf of another person or persons, putting their clients' interests ahead of their own, with a duty to preserve good faith and trust.

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Real Estate Agent Real Estate Agents Brokerage 52

BiggerPockets

NOVEMBER 16, 2022

This article is presented by RentPrep. Read our editorial guidelines for more information. Keeping clear documentation is an essential part of your work as a landlord. With the correct paperwork, it will […].

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Landlords Marketing 57

Buys Brokers Only LLC

NOVEMBER 16, 2022

A national annual survey showed rising home prices made it difficult for first-time homebuyers to purchase a home between July 2021 and June 2022.

Real Estate 54

Real Estate Marketing 54

BiggerPockets

NOVEMBER 16, 2022

Non-investors hate real estate tax loopholes. It always seems like the wealthiest landlords, apartment owners, or short-term rental hosts walk away with not only massive income but little-to-no tax bills […].

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Landlords Real Estate Investors 56

Mortgagebroker News

NOVEMBER 16, 2022

Owners of high-value homes are also willing to pay more to ensure greater affordability

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Housing Wire

NOVEMBER 16, 2022

By the time 2022 is wrapped up, mortgage lenders will have originated about $2.2 trillion in loans, about half of 2021’s $4.4 trillion in volume, according to industry forecasters. But Brian Hale, who is assisting several buyers in their hunt for independent mortgage bank acquisition targets, sees an even more brutal landscape ahead. He projects that over the next 12 months, mortgage originations nationwide could come in as low as $1.3 trillion to $1.7 trillion.

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Buyers Mortgage Sellers Investing 410

Mortgagebroker News

NOVEMBER 16, 2022

The slowdown is expected to take hold during the first half of next year

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Housing Wire

NOVEMBER 16, 2022

Homebuilder confidence continued to drop in November, hitting its lowest level since June 2012, with the exception of the onset of the COVID-19 pandemic in the spring of 2020, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Wednesday. In November, builder sentiment in the market for newly built single-family homes fell five points from October , ending at 33 points — less than half the level it was six months ago.

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Buyers Mortgage Real Estate Housing Market 545

Mortgagebroker News

NOVEMBER 16, 2022

Long-awaited event is set to take place next week

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Mashvisor

NOVEMBER 16, 2022

If you’re looking for an accurate Airbnb revenue estimate for your next potential investment plan, you can rely on Mashvisor’s calculator.

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Investors Investing Tools 36

Mortgagebroker News

NOVEMBER 16, 2022

The segment is benefiting from a multitude of positive market pressures, new report says

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Marketing 51

Housing Wire

NOVEMBER 16, 2022

Mortgage demand rose as rates dropped following the October slowdown in inflation growth numbers. However, while purchase mortgage applications increased across all loan types, refinance activity remained depressed. The market composite index, a measure of mortgage loan application volume, increased 2.7% for the week ending November 11, according to the Mortgage Bankers Association (MBA).

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Mortgage Retail Contracts Marketing 545

Mortgagebroker News

NOVEMBER 16, 2022

New development will offer hundreds of affordable housing units

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Development 55

Eyes on Housing

NOVEMBER 16, 2022

Elevated interest rates, stubbornly high building material costs and declining affordability conditions that are pushing more buyers to the sidelines continue to drag down builder sentiment. Builder confidence in the market for newly built single-family homes posted its 11th straight monthly decline in November, dropping five points to 33, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing.

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Buyers Marketing 171

Mortgagebroker News

NOVEMBER 16, 2022

How Community Trust is helping Canada's mortgage brokers

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Mortgage 36

The Robert Weiler Company

NOVEMBER 16, 2022

What’s so special about living landlocked in this part of the US? Residents of Greater Columbus, Ohio may rattle off a list that includes: friendly neighborhoods, down-to-earth people, stress-free rural living juxtaposed with affordable downtown living, vigorous four seasons, and yes, that famous Midwestern humility. But proximity to a new Intel Corporation fabrication plant whose construction might one day ease future global chip shortages might be another reason to love our region.

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Business Logistics Supply Chain Technology 147