by mdibrino@hqmloans.com | Mar 30, 2023 | Uncategorized
The seasonally adjusted purchase index edged up 2% week over week but remained 35% lower than the same week a year ago. Kan noted that home price growth has slowed significantly across the country, which has helped boost buyers’ purchasing power. “Purchase...
by mdibrino@hqmloans.com | Mar 30, 2023 | Uncategorized
NAR chief economist Lawrence Yun was optimistic about the increase in sales. “After nearly a year, the housing sector’s contraction is coming to an end,” he said. “Existing-home sales, pending contracts and new-home construction pending...
by mdibrino@hqmloans.com | Mar 30, 2023 | Uncategorized
The new foreclosure prevention option will be available for borrowers with COVID-19 hardships and other distressed homeowners with eligible financial struggles. In addition to the enhanced payment deferral, Fannie and Freddie will work with servicers to offer other...
by mdibrino@hqmloans.com | Mar 29, 2023 | Uncategorized
According to his research, from Q1 2021 to Q3 2022, the change in net worth was positive across all income percentiles, with the growth strongest among lower-income households. During this same period, assets rose at a faster pace than overall borrowing. Over the past...
by mdibrino@hqmloans.com | Mar 29, 2023 | Uncategorized
How digitization is changing finance In a recent telephone interview with Mortgage Professional America, Emmanuel Daniel detailed differences from the past that allow for bank failures to occur at stunning speed and shock-and-awe spectacle. His new book, “The Great...
