by mdibrino@hqmloans.com | Apr 13, 2023 | Uncategorized
Upward mobility starts in the classroom Another inhibitor to eventual homeownership lies in the paradigm from which core education is assessed, he noted. A lack of upward mobility abounds in multiple cities across the US given a lack of opportunity for many, Glaeser...
by mdibrino@hqmloans.com | Apr 13, 2023 | Uncategorized
Single-family rent growth rose to $2,079 in March, a $5 gain from the previous month. Year over year, single-family rental rates plunged by 80 basis points to 2.8%. The national occupancy rate was virtually flat during the first quarter, down 10 basis points to 95.1%...
by mdibrino@hqmloans.com | Apr 13, 2023 | Uncategorized
After the sale, expected to close in the second quarter of 2023, BNC Bank will continue to facilitate mortgage loans for its bank and wealth management customers as part of its full range of banking services, according to the company’s news release. BNC chairman...
by mdibrino@hqmloans.com | Apr 13, 2023 | Uncategorized
Inflation refuses to go away Melissa Cohn (pictured right), regional vice president of William Raveis Mortgage, told Mortgage Professional America the Bureau of Labor Statistics is a sign the Fed’s rate increases – nine consecutive hikes over the last few months – are...
by mdibrino@hqmloans.com | Apr 13, 2023 | Uncategorized
Additionally, the MBA report discovered that first-time mortgage holders experienced an all-time high cost for their loans. The average loan balance for first mortgages increased to $323,780 in 2022, up from $298,324 in 2021, representing the largest single-year rise...
