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The housing industry will soon be up in ARMs

Housing Wire

If there’s a bet to be made on the future of the non-agency lending space, it’s that the adjustable-rate mortgage (ARM) will become far more popular this year as purchase mortgages increasingly dominate a housing market pivoting to an up-rate environment. I think we’ll be seeing a lot more ARMs shortly,” Tomiak added.

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Demand for mortgages is on the rise as rates fall

Housing Wire

Meanwhile, the demand for refinance index, which dropped 86.2% In light of this, HousingWire recently caught up with Teraverde’s Rob Peterson to learn more about what lenders need to succeed in today’s lending environment. ARM applications fell 15% compared to the previous week and 16.6% year over year, increased 1.5%

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Buydowns become key for buyers to beat the market

Housing Wire

Absolutely I’m going to refinance when the rates go down, and that’s why I decided on a 2-1 rate buydown,” Davis said. “It Absolutely I’m going to refinance when the rates go down, and that’s why I decided on a 2-1 rate buydown.” A 5/1 ARM on Nov.

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5 activities real estate agents should do every morning

Housing Wire

But life isn’t about waiting for the perfect wake; it’s about learning to ride the waves, even if it means falling a few times along the way. When you dare to venture out ahead of schedule and embrace the unknown with open arms, you can transform the energy of uncertainty into momentum. It feels safe and comfortable.

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ConsumerDirect Mortgage rebrands as Real Genius, introduces new tech platform

Housing Wire

As the strong refinance volume of 2020 and 2021 drops industry-wide, lending businesses find themselves at a crossroads: How will they manage the impact of fixed expenses until the next injection of loan volume? Learn here! The lender also has Adjustable- Rate Mortgages (ARMs) for five, seven or 10 years. Presented by: Maxwell.

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Opinion: LOs, it’s time to refresh your mindset

Housing Wire

Kudos to the Loan Officers who have found a way to transition from the refinance boom of 2020 — 2021 and into the purchase market of 2022. Be ready and armed with the knowledge to share with your referral partners and customer base. It is amazing the things you can learn and share with one another when you are present in the moment.

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How are higher mortgage rates affecting servicing?

Housing Wire

The most basic thing that we’re seeing right now is mortgage rates increase and payoffs decrease because of fewer opportunities to refinance a loan,” said Eric Friedman, managing director of Servicing at Acra Lending. “At To learn more about working with Acra Lending’s servicing business, visit acralending.com.

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