by mdibrino@hqmloans.com | Feb 10, 2023 | Uncategorized
The 15-year fixed-rate mortgage followed suit, up to an average of 5.25% from 5.14% the previous week. Last year, the 15-year fixed rate averaged 2.93%. The increase in long-term rates comes after four straight weeks of decreases. Mortgage rates have eased from the 7%...
by mdibrino@hqmloans.com | Feb 10, 2023 | Uncategorized
Highwoods Properties owns, develops, acquires, leases and manages properties primarily in BBDs (Best Business Districts) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Pittsburgh, Raleigh, Richmond and Tampa. Strong end to a strong year Ted Klinck (pictured left),...
by mdibrino@hqmloans.com | Feb 10, 2023 | Uncategorized
Among the US regions, the South saw the largest share of single-family home sales, with year-over-year price appreciation of 4.9%. Prices grew 5.3% in the Northeast, 4.0% in the Midwest, and 2.6% in the West. “Even with a projected reduction in home sales this year,...
by mdibrino@hqmloans.com | Feb 10, 2023 | Uncategorized
Jason Ozment, branch manager of Oz Lending – which joined AmCap in November – commented: “AmCap has the ‘big company resources’ to go along with that ‘small company feel,’ which was more than appealing. With any new joint venture, everyone involved is looking for ways...
by mdibrino@hqmloans.com | Feb 10, 2023 | Uncategorized
Availability of conventional loans dropped 0.3%, while government mortgage credit supply remained unchanged. Of the component indices of the conventional index, the jumbo MCAI posted a 0.4% decrease, and the conforming MCAI stayed the same. Source: Mortgage Bankers...
