by mdibrino@hqmloans.com | Nov 10, 2022 | Uncategorized
The report showed that the decline in overall lending volumes was led by a fall in originations for office, multifamily, and retail. By property type, office decreased by 44%, multifamily decreased by 16%, retail decreased by 6%, and industrial decreased by 4%....
by mdibrino@hqmloans.com | Nov 10, 2022 | Uncategorized
Read next: Advice offered to would-be homeowners after latest rate hike “Purchase applications increased for the first time after six weeks of declines but remained close to 2015 lows, as homebuyers remained sidelined by higher rates and ongoing economic uncertainty,”...
by mdibrino@hqmloans.com | Nov 10, 2022 | Uncategorized
“The past two years have seen unprecedented highs in the mortgage industry, but since spring, the environment has retreated from those peaks,” said New American Funding CEO Rick Arvielo. “The mortgage market slowdown is, unfortunately, affecting our entire industry....
by mdibrino@hqmloans.com | Nov 10, 2022 | Uncategorized
“Third quarter results are demonstrative of the continued dislocation of the fixed income market characterized by historic spread-widening and limited capital market activity coupled with an aggressive Federal Reserve increasing the Fed Funds target rate two...
by mdibrino@hqmloans.com | Nov 10, 2022 | Uncategorized
“From an employer perspective, but also in a home lending perspective, one of the ways diversity and lending and meeting people where they are and offering homeownership in all areas to all individuals as opposed to what we have historically seen in the...