by mdibrino@hqmloans.com | Apr 10, 2023 | Uncategorized
According to the National Reverse Mortgage Lenders Association, homeowners 62 and older gained $226 billion in housing wealth in the third quarter of 2022, bringing the total senior home equity to a whopping $11.81 trillion. “PrimeLending is committed to providing our...
by mdibrino@hqmloans.com | Apr 10, 2023 | Uncategorized
How is commercial real estate doing in NYC? The upshot: “I think all the loans that were originated over the last eight years are today underwater,” Okada said. While there are parallels to the GFC in 2008-09, today’s crises are not as cataclysmic, he suggested....
by mdibrino@hqmloans.com | Apr 10, 2023 | Uncategorized
According to its website, the objective of the NPI (NCREIF Property Index) is to provide a historical measurement of property-level returns to increase the understanding of, and lend credibility to, real estate as an institutional investment asset class. The NPI goes...
by mdibrino@hqmloans.com | Apr 10, 2023 | Uncategorized
Smith, who started as an originator several years ago, observed that the practice of budgeting their plans around their best month has kept many in the industry stuck. “You don’t plan your budget off your best month, and you don’t plan your attitude off your worst...
by mdibrino@hqmloans.com | Apr 10, 2023 | Uncategorized
“With the spring homebuying season now upon us, a large majority of consumers continue to believe that it’s a bad time to buy a home,” said Mark Palim, Fannie Mae deputy chief economist. “Homeowners sharing this belief frequently cited ‘unfavorable mortgage rates’ as...
