Mortgage Industry News
MBA Predicts Increased Mortgage Origination, Mild Recession in 2024
The trade group also predicted purchase originations will increase 11% to $1.47 trillion next year. Continue Reading MBA Predicts Increased Mortgage Origination, Mild Recession in 2024
Philadelphia Fed Chief: ‘We Can Hold Rates Where They Are’
“I’m telling you something you already know: the rate of inflation in housing prices is similarly down from its peak levels,” he said. Continue Reading Philadelphia Fed Chief: ‘We Can Hold Rates Where They Are’
Mortgage rates drop to the lowest level since September: Freddie Mac
Source: Fox Business --- Mortgage rates dropped further last week to the lowest level since September, creating more opportunities for homebuyers, according to Freddie Mac. The average rate for a 30-year fixed-rate mortgage fell to 6.15% for the week ending Jan. 19,...
Correct House Pricing is Essential For Success
Source: Maximum Real Estate Exposure --- How to Price a House For Sale Pricing a house in a way that will encourage a timely sale is quite challenging for home sellers and often for Realtors. House pricing isn’t rocket science, yet so many get it wrong. Numerous...
Some BIG Changes to Mortgage Costs Were Just Announced
Source: Mortgage News Daily --- In a single moment, the fees for a vast majority of new mortgages in the US have changed. In some cases, the changes are drastic, both for better and worse. Let's break it down. What do you mean by "fees/costs?" This refers to Loan...
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Recent Posts
Hits and Misses for the Real Estate Week of April 27-May 1- Global Manufactured Homes Market Forecast to Reach Nearly $43 Billion by 20…
- San Francisco’s Bay Club Acquires Full City Block for $65 Million
- Pennsylvania Housing Finance Agency Launches Home Purchase Assistance Loan
- Portland Duo Sentenced for Running Real Estate Investment Fraud Scheme
