Housing Wire

JANUARY 5, 2024

Job gains occurred mainly in government, health care, social assistance and construction in December, while transportation and warehousing posted fewer jobs. This week’s job openings data showed that the quits and hires ratio is also below pre-COVID-19 levels.”

Transportation 434

Transportation Construction Government Investors 434

Housing Wire

MARCH 14, 2023

The year-over-year increase can be attributed to large annual jumps in the indexes for transportation services (+10.2%), energy services (+13.3%), and food (+9.5%). Transportation services jumped 1.1% The current uncertainty brings an upside to the housing market: mortgage rates are in a downward trend. in January.

Transportation 357

Transportation Housing Market Insurance Lending 357

Appraisal Buzz

MAY 7, 2024

This means that one missed paycheck would put an individual or family at risk of not being able to afford essential living expenses, including housing, utilities, groceries and transportation. Potentially surprising is that 40% of these consumers also report having super-prime (720 or above) credit scores. Is Prime Really Still Prime?

Transportation 195

Transportation Lending Design Appraisal 195

Housing Wire

JULY 13, 2022

When thinking about ESG in RMBS, right now there are three considerations that can help the mortgage market properly capitalize on the momentum behind the ESG movement. To get there, first, Residential Mortgage-Backed Security (RMBS) issuers, investors, and rating agencies should avoid trying to boil the ocean.

Investing 349

Investing Mortgage Investors Transportation 349

Housing Wire

JANUARY 17, 2024

However, as mortgage rates hit multi-decade highs , cooling demand and shrinking the pool of qualified buyers for new homes, homebuilders slowed their pace of construction, which settled at a plateau that is still well above pre-pandemic levels. Mortgage rates fell precipitously that week, although they remain above 6.5%.

Construction 461

Construction Supply Chain Transportation Buyers 461

Housing Wire

JUNE 28, 2022

There’s no question that a digital-first way of doing business is becoming the norm and the demand for digital in the mortgage industry is only growing. HousingWire: Is this the year that digital mortgages and eClosings really accelerate? HousingWire: Is this the year that digital mortgages and eClosings really accelerate?

Mortgage 397

Mortgage Training Business Transportation 397

Housing Wire

JUNE 3, 2022

Although housing inventory is beginning to increase, demand continues to exceed supply even as mortgage rates have spiked,” Mike Frantantoni, the Mortgage Bankers Association’s SVP, said in a statement. from June 2021, when 297,600 workers were employed at mortgage banking firms. higher than its pre-pandemic level.

Construction 456

Construction Renovations Transportation Real Estate 456

Housing Wire

MARCH 10, 2023

Employment declined in information and in transportation and warehousing. Bureau of Labor Statistics reported today. Notable job gains occurred in leisure and hospitality, retail trade, government, and health care. How can the unemployment rate increase and we still have big job numbers printed?

Mortgage 383

Mortgage Housing Market Transportation Marketing 383

Housing Wire

DECEMBER 2, 2022

The entire economic landscape, including mortgage rates, has changed this week, starting with the Fed’s talking points on Wednesday. The Fed didn’t want mortgage rates to go lower or the stock market to rally. Employment declined in retail trade and transportation, and warehousing. We shall see. percent, the U.S.

Marketing 506

Marketing Transportation Retail Mortgage 506

Housing Wire

DECEMBER 3, 2021

In 2021, the message became clear: mortgage lenders must adapt to survive. The lion’s share of the month’s employment growth came in the professional and business services (90,000 jobs), and transportation and warehousing (50,000 jobs), sectors. Transportation and warehousing now had 210,000 more jobs than its pre-pandemic level.

Construction 441

Construction Transportation Inventory Government 441

Appraiserblogs

JUNE 12, 2023

Numbers of ships, tanks, transport helicopters, gunships, fixed-wing aircraft, artillery, troop strength, machine guns, ammo. Those two facets are blended… The post Dazzled by Wizardry, Federal Mortgage Regulators Ignore Zillow Debacle appeared on Appraisers Blogs. They queried the computers, “What year will we win.

Transportation 97

Transportation Mortgage Appraisal Valuation 97

Housing Wire

AUGUST 25, 2023

Mortgage rates doubled in 2022, causing housing starts and sales to fall and house price growth to plummet. In fact, mortgage rates kept an upward trend in 2023, following the Fed’s moves to combat persistent inflation. On Friday, the 30-year fixed mortgage rate was 7.37% at Mortgage News Daily , the highest in over two decades.

Transportation 369

Transportation Housing Market Mortgage Marketing 369

Housing Wire

JUNE 2, 2023

Even though the pace of layoffs has picked up, many businesses, particularly in transportation, healthcare, and hospitality, continue to have strong demand for workers,” Mike Fratantoni , the Mortgage Bankers Association’s chief economist, said in a statement. The unemployment rate has remained between 3.4% since March 2022.

Construction 376

Construction Real Estate Housing Market Transportation 376

Housing Wire

JANUARY 5, 2024

Employment continued growing in government, health care, social assistance, and construction, while transportation and warehousing lost jobs. No, but we don’t want the Fed to wait for jobless claims to break above 323,000 on the four-week moving average to cut mortgage rates. percent, the U.S. Bureau of Labor Statistics reported today.

Marketing 488

Marketing Transportation Construction Government 488

Housing Wire

JULY 14, 2022

billion manufactured home purchase mortgages in 2021, according to HMDA data. HUD offers insurance for manufactured housing mortgages under its Title I program, which is more than 50 years old. But the FHA appears reluctant to reduce borrower fees on FHA financing, one tool in its toolkit numerous mortgage stakeholders have argued for.

Renovations 356

Renovations Finance Insurance Transportation 356

Housing Wire

APRIL 12, 2023

Despite the slower pace of inflation, economist do not believe home buyers facing still elevated prices on top of higher mortgage rates will be out of the woods any time soon. Higher mortgage rates have slowed demand by pricing some would-be buyers out of the market,” Sturtevant said.

Transportation 348

Transportation Insurance Buyers Government 348

Housing Wire

JULY 18, 2022

The Federal Housing Administration ’s (FHA) decision to withhold a mortgage insurance premium cut has confounded mortgage policy experts and industry stakeholders. based consultancy Potomac Partners , which specializes in the mortgage finance industry. “To The FHA’s Mutual Mortgage Insurance fund, meanwhile, is in stellar shape.

Insurance 440

Insurance Transportation Mortgage Government 440

Housing Wire

DECEMBER 2, 2022

In February 2020, a combined 300,000 were employed in “ real estate credit ” and as mortgage and nonmortgage loan brokers. Also worth noting as we enter the holiday season, employment in retail trade (down 30,000 jobs), and transportation and warehousing (down 15,000 jobs) decreased in November. Presented by: Change Wholesale.

Transportation 419

Transportation Real Estate Construction Retail 419

Housing Wire

DECEMBER 8, 2020

Mortgage lenders are preparing for the end of LIBOR , which is set to be phased out by the end of 2021. In fact, Freddie Mac began officially purchasing SOFR-based “floating rate mortgages” in October, and announced in a press release that it will “cease all LIBOR-indexed loan purchases by the end of the year.”.

Transportation 375

Transportation Mortgage Marketing Finance 375

Housing Wire

DECEMBER 30, 2022

The first is the overall business transformation that’s taking place in the mortgage industry. We’re seeing new energy and new initiatives in this area at many mortgage and housing agencies. That I’m proud of the role that they are playing in helping modernize mortgage production and the secondary market? Because I am.

Lending 359

Lending Transportation Government Mortgage 359

Housing Wire

SEPTEMBER 5, 2023

Location (central to public transportation) Some good workshop venue options include community centers, public libraries, and hotel conference rooms. mortgage lenders, home inspectors, etc.) For example, a mortgage lender can describe different types of mortgages and explain which might be best for the buyer or the type of transaction.

Real Estate 421

Real Estate Sellers Buyers Clients 421

Housing Wire

MAY 6, 2022

of its pre-pandemic level,” Mike Fratantoni, the Mortgage Bankers Association’s SVP and chief economist, said in a statement. The lion’s share of the job growth in April came from the leisure and hospitality sector (up 78,000 jobs), the manufacturing sector (up 55,000 jobs) and the transportation and warehousing sector (up 52,000 jobs).

Construction 365

Construction Transportation Real Estate Mortgage 365

Housing Wire

AUGUST 6, 2020

Part of the reason behind the company’s decision to lower its expectations, industry insiders say, is that Rocket was getting pushback on its claims that it is a true tech company, as opposed to being viewed more broadly as a mortgage lender. People are trying to wrap their brains around how the mortgage process is being transformed.

Transportation 309

Transportation Technology Modernization Business 309

Housing Wire

OCTOBER 7, 2022

Transportation and warehousing jobs falling isn’t a surprise since many companies have hired too many people in that sector. Mortgage rates falling below 5% would be a plus for housing. This can happen with a weaker economy and a better mortgage-backed securities market as well. Rates fall to get the housing sector back in line.

Transportation 531

Transportation Marketing Insurance Government 531

Housing Wire

APRIL 18, 2023

My paycheck is not enough to pay all my bills, help out my family, get transportation to my job, pay for lunch, and also pay off these credit cards. So I held onto that secret. And when I graduated and once I became a teacher, I realized this doesn’t make sense.

Finance 350

Finance Transportation Mortgage 350

Lamacchia Realty

JANUARY 24, 2024

Consider not just the rent or mortgage but also utilities, property taxes, maintenance costs, and, if applicable, HOA/condo fees. Additionally, evaluating commute times and transportation options is practical and time-saving. Furthermore, budget-friendly strategies for transporting belongings can reduce costs.

Transportation 59

Transportation Property Taxes HOA Real Estate 59

Raleigh Realty

JULY 20, 2022

Table of Contents: Cost of Living in Raleigh Income Housing costs Utilities Food Healthcare Transportation Taxes FAQ Cost of Living in Raleigh The cost of living in Raleigh is less than the national average. Healthcare $7,303 per person $10,426 per person Transportation (Gallon of gas) $4.59 $4.96 Electricity (kWh) $0.11 $0.14

Transportation 113

Transportation Property Taxes Realty Insurance 113

Housing Wire

JUNE 3, 2022

Notable job gains occurred in leisure and hospitality, in professional and business services, and in transportation and warehousing. New home sales, housing starts, and permits fall into a recession Once mortgage rates rise, the new home sales sector does get hit harder than the existing home sales market. percent, the U.S.

Construction 526

Construction Retail Transportation Marketing 526

Housing Wire

MAY 3, 2024

The labor market isn’t tight anymore and that will eventually be good news for mortgage rates. Job gains occurred in health care, in social assistance, and in transportation and warehousing. Friday’s jobs report came in as a miss of estimates and wage growth came in lower than expected. percent, the U.S.

Marketing 480

Marketing Mortgage Transportation Housing Market 480

Eppraisal

APRIL 30, 2024

Consider proximity to work, schools, amenities, and public transportation. Opting for a mortgage pre-approval can streamline the home-buying process and help you understand your borrowing capacity. Location, Location, Location The adage holds true – location is paramount when selecting your starter home.

Transportation 69

Transportation Property Taxes Development Investing 69

Housing Wire

DECEMBER 4, 2020

Private employment gains were largely driven by some of the industries hit hardest by the pandemic – with rises in transportation and warehousing (+145,000) and professional and business services (+60,000), as well as an increased demand for those in the health care sector (+104,000). census count.

Transportation 213

Transportation Retail Construction Housing Market 213

Miller Samuel

MARCH 18, 2020

Our staff relies on public transportation to get around including buses, subways, and commuter rail. These lenders have shown how much they respect the appraiser's role in the mortgage process and their concern for the appraiser's health and welfare as well as the borrower. [ Johns Hopkins University ]. First Republic Bank.

Appraisal 195

Appraisal Inspection Transportation Clients 195

Housing Wire

DECEMBER 3, 2021

Notable job gains occurred in professional and business services, transportation and warehousing, construction, and manufacturing. So, what will this do to mortgage rates, the economic data, and the bond market? From BLS: Total nonfarm payroll employment rose by 210,000 in November, and the unemployment rate fell by 0.4

Marketing 465

Marketing Retail Transportation Construction 465

Housing Wire

MAY 6, 2022

Job growth was widespread, led by gains in leisure and hospitality, in manufacturing, and in transportation and warehousing. This is where the 5% plus mortgage rate world can facilitate this red flag going up. From BLS: Total nonfarm payroll employment increased by 428,000 in April, and the unemployment rate was unchanged at 3.6

Transportation 364

Transportation Construction Retail Real Estate 364

Assurance Financial

NOVEMBER 9, 2021

However, tiny houses can come with big challenges for financing since their small size makes them ineligible for many mortgage and insurance plans. From finding the right mortgage to finding a legal place to store your home, you must understand the unique financial demands of a tiny house and prepare for challenges ahead of time.

Mortgage 36

Mortgage Finance Transportation Insurance 36

Cleveland Appraisal Blog

OCTOBER 8, 2022

You’ll find food, utilities, transportation, and housing are all affordable. Mortgage Rates Impacting Housing – September Newsletter – DW Slater Appraisal Blog. Read on to find out more about Cleveland and why it’s great for entrepreneurs. Take advantage of a low cost of living. What is External Obsolescence?

Business 195

Business Appraisal Transportation Design 195

PennyMac

OCTOBER 11, 2023

Or maybe you’d like to be within walking distance of stores, restaurants or public transportation. Higher Costs Beyond the Mortgage Even if you can comfortably afford your down payment and monthly mortgage payment, there are other expenses you’ll need to consider when moving to a bigger house. “If Quality of life is key.

Transportation 68

Transportation Real Estate Investing Mortgage 68