Remove learn 15-vs-30-year-mortgage
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UWM goes on the offensive with price-match guarantee

Housing Wire

United Wholesale Mortgage has been aggressively price-cutting loans to put pressure on competitors for months now. UWM from June 7 to June 20th, we’re gonna match any price, up to 35 basis points of a competitor, someone that you work with, one of the top 15 lenders that do what 90% of the business. “I’m done with it.

Mortgage 545
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15 vs. 30-Year Mortgages

Assurance Financial

When you’re shopping around for a mortgage, there are several choices you’ll make that affect the monthly payment on the loan and how much you end up paying to own your home. One decision to make is how long your mortgage will last. Options include 10, 15, 20 and 30-year mortgages.

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How Remaining Economic Life Works

Cleveland Appraisal Blog

At first, you might be thinking that this means the estimated years remaining before a house falls over, so to speak. Therefore, the remaining economic life of a home is the number of years remaining before the improvements on the site no longer contribute to the value of the property. 1.75% per year over the past ten years.

Appraisal 365
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NAR Member Survey on Appraisal Data Collectors

Appraisal Today

The survey findings indicate that 30% of respondents reported that a data collector had given them the impression that they were the appraiser or had a role other than merely collecting property data. or get it back after a few years. Very few AMC appraisers today want to do the marketing required or learn how to do them.

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The End of Lender Appraisals?

Appraisal Today

In a truly Orwellian move, mortgage giant Freddie Mac recently announced its intent to censor an arbitrary collection of words such as “desirable,” “safe,” “well-kept,” “student” and “crime” when they appear, in any context, in the hundreds of thousands of appraisal reports it relies on in mortgage underwriting.

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How to Find Comps With Few Sales

Appraisal Today

In short, it’s not enough today to go back 90-180 days because there just aren’t enough data points in so many cases… WATCH THE MEDIAN TREND The median price for the region doesn’t translate rigidly to neighborhoods, so be careful about saying stuff like, “The median is up 3% this year, so neighborhood prices are up 3%.” baths, 12,770 sq.ft.,

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VA Approves Desktops and Exterior-Only Appraisals

Appraisal Today

My comments : The big push to cut down on appraisal turn times because of the appraisal shortage is Very Old News since mortgage volume has plummeted. NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, real estate market, unusual homes, mortgage origination stats, etc. per month, $24.75