by mdibrino@hqmloans.com | Oct 13, 2022 | Uncategorized
“The problem with the rate issue is that they’ve gone up too much, too fast,” he said. “When the interest rate jumps way up, you’ve got downward pressure on prices, but prices haven’t come down to meet the speed in which the rate has increased. We have to get to...
by mdibrino@hqmloans.com | Oct 13, 2022 | Uncategorized
Once the dust clears from the Fed’s rate tinkering, Torre-Roffe said he believes brokers will have gained market share, positioning them in an even stronger position than before. He credited AIME with helping make that happen with its mission of spreading the message...
by mdibrino@hqmloans.com | Oct 13, 2022 | Uncategorized
Open banking has another broader goal. “The second part of open APIs is the broader global concept of consumers being able to take control of their destiny,” Strickland said. With this in mind, the company’s platform provides customers a single-source configurable API...
by mdibrino@hqmloans.com | Oct 13, 2022 | Uncategorized
Read more: Global housing market crash: Lessons and cautionary tales The impact of the higher mortgage rate environment will be felt in both the single-family and multifamily sectors. The ESR Group lowered its total single-family home sales forecast in 2022 and 2023...
by mdibrino@hqmloans.com | Oct 13, 2022 | Uncategorized
Even though ACC Mortgage has risen above the pandemic’s challenges, it has not lowered its guard in anticipation of difficult times ahead. “There are several forces at work to make the near term very challenging,” Senko said. “First, the cost of borrowing has...
