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How will first-time buyers fare if sellers can’t offer buyer agent compensation?

Housing Wire

But for first-time and other cash-strapped buyers—those who are not relying on the proceeds of a home sale, who may be using a 100% financed VA loan, whose agents may be layering forms of assistance to put together enough cash for closing—knowing in advance about the seller’s contribution to their agent costs may be essential.

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3 unique mortgage products to get today’s homebuyer qualified

Housing Wire

Tom Davis, chief sales officer, Deephaven Mortgage Today’s market means that more borrowers have higher debt-to-income ratios, limited access to credit and are looking for alternative ways to get qualified for a mortgage. No traditional income analysis or employment information is required. trillion.

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Home equity is the bright gem of the housing market

Housing Wire

Stubborn inflation and high interest rates continue to wreak havoc on the mortgage-origination market, but there is one asset class in the housing market that is arguably flourishing in these hard times – home equity. They are saying, ‘Tell me what’s working, how can I stand a program up so I can capture some of this [home-equity] business.”

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A housing boom doesn’t portend a bust

Housing Wire

Homes that reach the market sell quickly, bidding wars are the new normal and the investor share of sales continues to rise. The mortgage debt-to-income ratio is near a four-decade low and homeowner equity is at a historic high. The combination of these factors has some feeling 2008 déjà vu. Moderation, not bust.

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Buyer agency: a crucial historical shift in real estate

Housing Wire

Those too young to remember the wild west of real estate believe that real estate commissions have always been evenly split between seller’s and buyer’s agents, with each receiving a portion of the sale price. A drop in demand not only slows the market but can erode home equity, leaving homeowners with diminished assets.

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Forbearance Numbers Are Lower than Expected

Keeping Current Matters

Accompanied by more rigorous lending standards, the household debt-to-income ratio is at a four-decade low and household equity near a three-decade high. Second, this service sector-driven recession is disproportionately impacting renters.”.

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Thinking of Selling Your Home? Take this Seller Litmus Test

HomeLight

A quick turnover can signal strong demand, potentially leading to a faster sale at a favorable price. You can check real estate websites or consult with a local agent to get an idea of average days on market and recent sale prices. You can also view other homes for sale in your neighborhood. (As What is the 5-year rule?