by mdibrino@hqmloans.com | Jan 6, 2023 | Uncategorized
According to the Mortgage Bankers Association, total mortgage applications tumbled to the lowest level in 27 years, down by 13.2% on a seasonally adjusted basis. Refinance applications were down by 16.3% week over week, and purchase activity fell by 12.2%. “Homebuyers...
by mdibrino@hqmloans.com | Jan 6, 2023 | Uncategorized
“To help PHAs address rental market conditions that are creating challenges with mainstream leasing, HUD awarded both new vouchers and extraordinary administrative fees,” HUD said in a statement. “The $5 million of extraordinary administrative fees awarded in this...
by mdibrino@hqmloans.com | Jan 6, 2023 | Uncategorized
Total commercial and multifamily mortgage borrowing and lending is projected to plunge $700 billion this year – a 5% decline from an expected 2022 total of $740 billion. Multifamily lending alone is anticipated to fall $393 billion this year, down 11% from 2022’s...
by mdibrino@hqmloans.com | Jan 5, 2023 | Uncategorized
From a credit program to manufactured home financing, it’s about helping brokers
by mdibrino@hqmloans.com | Jan 5, 2023 | Uncategorized
From a credit program to manufactured home financing, it’s about helping brokers