Housing Wire

NOVEMBER 21, 2024

I’d love to provide a free market analysis to show you what your home is worth! Script 3: Engage with expired listings Hi [Name], I saw your home is no longer on the market. Script 3: Engage with expired listings Hi [Name], I saw your home is no longer on the market. Market Leader has you covered. Would you like to join?

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Housing Wire

OCTOBER 28, 2024

Fluctuating interest rates and a fast-changing market Last month, we saw the Federal Reserve deliver their long-awaited decision to lower interest rates with a 50 basis points cut, and 30-year mortgage rates reached as low as 6.08% according to ICE’s 30-year fixed conforming rate index.

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Housing Wire

FEBRUARY 4, 2021

There’s no doubt we’re in a seller’s housing market. With inventory at record lows, demand surging and prices on the rise, buying — even just finding — a home in today’s market is quite the challenge. Are you hoping to buy a home in 2021’s hot housing market ? A homebuyer’s guide to a competitive housing market.

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Housing Wire

DECEMBER 6, 2024

We’ll also share best practices for developing and sending real estate newsletters and recommend some essential tools to make your email marketing stand out. Its up to us as agents to stay engaged and stay in contact with our clients. In this article, weve compiled 49 compelling real estate newsletter ideas and subject lines.

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Housing Wire

FEBRUARY 19, 2025

Secure a mortgage pre-approval As a rule of thumb, its best to have your clients obtain a mortgage pre-approval prior to setting up any searches and conducting property tours. Required documentation Save your clients some time by providing them with a list of the documents theyll need to get pre-approved.

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Housing Wire

JUNE 30, 2021

In today’s booming housing market, mortgage brokers want to be able to close loans faster and more efficiently. This gives brokers a more robust pre-approval that can compete with cash offers, and subsequently, shorten the processing and underwriting cycle times by almost half. Chief Production Officer Jay Promisco said.

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Housing Wire

JANUARY 31, 2023

It’s also what keeps Andrew Marquis, regional vice president at CrossCountry Mortgage and Scotsman Guide ’s seventh top LO, up at night, especially as he sees more buyers entering the market. How has business been in the Boston market? Andrew Marquis : Markets are very different from city to city and state to state.

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Housing Wire

OCTOBER 1, 2024

This shift is welcomed good news given the tough origination market over the last two years. With purchase originations recovering and a refinance market surfacing, lenders must pick up their quality control (QC) and quality assurance (QA) practices before it’s too late. One critical shift is the adoption of pre-funding QC reviews.

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Housing Wire

OCTOBER 1, 2020

Effective Thursday, homebuyers on Realtor.com who say they wish to be pre-approved for a mortgage will see an advertisement from Rocket Mortgage that will allow them to receive pre-approval in as little as 20 minutes. It’s being rolled out in hundreds of test markets. ” he asked.

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Housing Wire

JUNE 16, 2022

neighborhood, housing market, Fall, homes, new house sales, forbearance. The federal funds rate doesn’t directly dictate mortgage rates, but it does steer market activity to create higher rates and reduce demand. A less volatile market? The consumer-price index rose 8.6% In early January, rates were as low as 3.4%.

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Housing Wire

JANUARY 31, 2025

of Regulatory Agencies or DORA) requires all students to complete an approved course of study totaling 168 class hours. Know what to expect In order to get your real estate license in Colorado, youll need to complete 168 hours of coursework at one of Colorado Division of Real Estate’s approved schools. I opted for the latter.

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Housing Wire

APRIL 8, 2021

Here are some of the key tactics and pieces of advice, shared by industry professionals on the housing market’s front lines, that go into creating an initial offer to buy a home, along with the negotiations you should be poised for if you catch the seller’s attention. In an extremely competive market?

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Keeping Current Matters

DECEMBER 1, 2021

Pre-Approval: the Best Opening Play To Make as a Homebuyer. And the best move you can make when you begin your home search is getting pre-approved by a lender. You’ve probably already heard this is an important step, but what exactly is pre-approval and what benefits does it provide you? Prices are going up.

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Housing Wire

FEBRUARY 11, 2022

Apart from selling produce that is popular in former Soviet countries, these stores represent a marketing opportunity for Alex Naumovych, a loan officer at Draper and Kramer Mortgage Corporation. Just before a customer buys a container of pre-made Borscht, they see Naumovych’s business cards and flyers that lay neatly near the checkout area.

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Loan Officer Marketing Pre-approval Mortgages 418

Housing Wire

JULY 3, 2023

PrimeLending , a Texas-based retail mortgage bank, aims to expand its market share by growing within its existing footprint in a margin-thinning environment. We’ll reach out to those loan officers in markets where we have existing retail branch locations. The goal is to expand its overall market share to 1% this year from 0.6%.

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Housing Wire

MAY 10, 2023

You may have heard the good news: In recent weeks, several mortgage and real estate brokerage execs have exclaimed that we may have already reached the bottom of the market. But there are still ultra-competitive markets in America where those conditions will simply be offset by rising prices. One home recently had over 60 offers!

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Housing Wire

JANUARY 13, 2023

Going from a volatile rate environment in the latter half of 2022 to a market with lower, more stabilized rates, there’s optimism spreading across the industry that buyers will come back. Lower production volume means cutting staff and restructuring to better focus on the purchase market, Cohen said. How does my payment look?

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Housing Wire

SEPTEMBER 2, 2022

has unveiled the latest version of its proprietary artificial-intelligence (AI) platform, called Morgan, which enables the lender to convert pre-approved, property-specific home loans into tradable non-fungible tokens (NFTs). The multi-trillion-dollar real estate market is based on countless singular person-to-person transactions. “It

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Technology Earnest money deposit Loans Pre-approval 95

Housing Wire

SEPTEMBER 29, 2022

MAXEX , a major mortgage trading and aggregating platform, has unveiled a series of new programs designed to serve originators and loan buyers in the growing non-QM lending market. That has left “originators scrambling for liquidity in this growing market segment,” MAXEX’s announcement of the new non-QM initiative states.

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Housing Wire

DECEMBER 22, 2020

Pre-approval. They’ll send out an appraiser, who will analyze the property and local market to assess its worth. A homebuyer’s guide to a competitive housing market. They’re best if you plan to move before the rate can adjust or if you’re willing to refinance not long down the line. More for Real Estate Enthusiasts.

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Fixed-rate mortgage Pre-approval Mortgages Loan Officer 448

Housing Wire

JULY 4, 2024

As Gen-Z enters the housing market , many say they’ve given up on buying a home. Some blame millennials and some blame boomers, while others say that, in fact, boomers are the ones who faced the toughest headwinds when entering the housing market. This dream, however, seems to be facing challenges.

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Housing Wire

JULY 16, 2021

Venture capital investors including Zillow founder Spencer Rascoff and Trulia co-founder Pete Flint, believe that Tomo has the potential to topple the legion of lenders that have increased market share, invested heavily in technology and lapped up record profits in recent years. But this is no ordinary mortgage startup.

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Lending Pre-approval Mortgages Closing 476

Housing Wire

FEBRUARY 1, 2021

The great promise of short sales and other distressed pre-foreclosure sales as a foreclosure alternative is most fully realized in a competitive and transparent online auction marketplace, according to recent data from the Auction.com Market Validation Program (MVP) for pre-foreclosure sales. Pre-Foreclosure Potential.

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Housing Wire

AUGUST 24, 2022

For the past two years appraisal gap clauses have been de rigueur in many markets , much to the disdain of frustrated homebuyers. The product is free for eligible Tomo mortgage transactions and is launching on September 8, 2022, but underwritten pre-approvals are now available.

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Pre-approval Mortgages Closing Loans 397

Housing Wire

SEPTEMBER 21, 2023

The PowerVP app will create new loans; invite customers to complete a digital mortgage; send a one-click conditional approval letter; lock in rates ; obtain real-time pricing and run a credit report, the company said in a release. market share, IMF data showed. Agents submitting an offer at 8:30pm? The lender originated $10.6

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Pre-approval Loans Finance Mortgages 435

Housing Wire

NOVEMBER 14, 2023

The program was launched in the fall of 2022, and helps renters build their credit history and improve their credit score as they prepare to enter the housing market or find a new rental. “We As part of the extension and to encourage adoption, Fannie Mae will cover the cost for property owners who enroll in PRP through the extension period.

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Pre-approval Loans Finance Mortgages 476

Housing Wire

MAY 12, 2022

Worsening market conditions are only going to accelerate an already hyper-competitive mortgage lending industry that is still learning to adapt to post-pandemic homebuying behaviors. But it’s also possible for a homebuyer to apply and receive approval on a mortgage loan without them ever actually speaking with another human.

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Housing Wire

OCTOBER 27, 2020

Only allow buyers with pre-approved mortgages to schedule tours (this ensures they’re serious), and require masks, gloves and other precautionary measures while in the home. This will vary by market, but nationally, housing inventory is way down. First is the market’s low mortgage rates. appeared first on HousingWire.

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Marco Santarelli

JANUARY 15, 2025

According to Zillows analysis, the hottest housing markets for 2025 will be largely concentrated in the Northeast and Midwest, with Buffalo, NY topping the list again. These markets stand out due to their mix of relative affordability, job growth, and a fast pace of sales. More households means more people looking for homes.

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Marketing Pre-approval Sales New Construction 98

Housing Wire

MAY 24, 2024

If you’re considering buying a home but worry that student debt will prevent you from securing a mortgage, you’ll need to be strategic about your approach to increase the probability of your application getting approved. A higher credit score is generally associated with high reliability, improving your chances of a mortgage approval.

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Keeping Current Matters

AUGUST 31, 2020

Multiple-offer scenarios are heating up, so it’s important to get pre-approved before you start your search. Javier Vivas, Director of Economic Research at realtor.com, explains : “COVID-19 has accelerated earlier trends, bringing even more buyers than the market can handle. As you can see, the market is gaining steam.

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Pre-approval Sales Mortgages As-is 337

Housing Wire

JUNE 3, 2024

For specific questions such as ‘What’s the difference between pre-approval and a prequalification?’ “For For specific questions such as ‘What’s the difference between pre-approval and a prequalification?’, This is designed to keep user engaged on brokerage sites, foster trust and enhance their overall experience.

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Technology Sales Pre-approval MLS 468

Housing Wire

FEBRUARY 1, 2023

The slowdown in the Federal Reserve ‘s short-term rate hikes , announced on Wednesday, was welcome news for the mortgage market and solidified expectations that the 30-year mortgage rates will drop throughout 2023. That is good news for mortgage rates, which will possibly fall to 5.5% by the year end,” Yun said.

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Keeping Current Matters

JULY 13, 2021

In real estate, it’s normal to see ebbs and flows in the market. As the economy rebounds and life is returning to normal, the real estate market is expected to have an unusually strong summer season. If you’re looking to buy , some relief is on the way in the form of more homes coming to the market. Inventory is increasing.

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Marketing Pre-approval Equity Agents 315

Housing Wire

DECEMBER 13, 2024

While buyback volumes remain well below their 2022 peak, they are still elevated compared to pre- pandemic levels. The added cost pours salt in the wound for credit unions, banks, and independent mortgage bankers , who are already recording average pre-tax losses of $534 per loan origination.

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Pre-approval Investor Loans Technology 370

Housing Wire

MAY 3, 2024

As a result, sellers who are winning in this market spent time making sure their homes are in show-ready condition. These buyers understand that more inventory is coming to the market and that they will have options. After the last crash, builders scaled back significantly and never fully recovered to pre-2007 levels.

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Housing Wire

APRIL 12, 2024

starter home, up 8% from a year ago and up nearly 100% from pre-pandemic figures, Redfin reported. Buying typically requires a sizable down payment and approval for a mortgage — things that are difficult for many people today, when the typical down payment is near $60,000 and mortgage payments are sky-high.

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