Fixed-rate mortgage Loan Officer Pre-approval 
Housing Wire
DECEMBER 22, 2020
Here are the top five mortgage-related terms you’ll want in your arsenal: 1. Fixed-rate mortgage. There are two types of mortgages: fixed-rate and adjustable-rate. Fixed-rate mortgages have a set interest rate for the entirety of the loan. Pre-approval.
Housing Wire
MARCH 23, 2023
While high interest rates and home prices drove up mortgage payments and application payments, loan officers are seeing bidding wars due to a lack of inventory issues. The MBA projects the 30-year fixed rate mortgage to drop to an average of 5.3% In 2024, rates are expected to drop to 4.6%
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
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. The lender brought on 100 loan officers in June, bringing the total number of LOs to about 800. Companies may be struggling in one way or another. Nearly 92% of U.S.
Housing Wire
JUNE 16, 2022
The Federal Reserve ’s 75 basis point interest rate hike – its largest since 1994 – proves the central bank is laser-focused on slowing inflation, but loan officers and housing economists don’t expect mortgage rates to come down until consumer prices fall. mortgage industry to fund $4.1 Labor Department.
Housing Wire
SEPTEMBER 22, 2022
Loan officers get an up-close look at how much shoppers and capital-strapped buyers are getting priced out in the rate-rising environment. Will Savage, a loan originator at PMC Mortgage , sees many pre-approved clients having to get reapproved for a mortgage based on the rate increases. .”
Housing Wire
AUGUST 29, 2022
After two golden years in the mortgage market during the pandemic period, refis have dried up and the industry has since pivoted toward a purchase market. With Game On, it’s making them (retail loan officers) take an extra look at the broker channel,” Ishbia told analysts in its second-quarter earnings. “We
Realtor.com
APRIL 29, 2021
To avoid this fate, make sure to crunch your numbers in our mortgage calculator or a home affordability calculator , and apply for mortgage pre-approval to see just where you stand in terms of how much house you can afford. And make sure you’re aware of the biggest misconceptions about home mortgages.
Expert insights. Personalized for you.
448 
Let's personalize your content