Fixed-rate mortgage Loan Officer Principal 
Housing Wire
MARCH 24, 2022
“Low unemployment has spurred strong income growth in early 2022, but homebuyer affordability has decreased due to the quick rise in mortgage rates amidst steep home-price growth,” said Edward Seiler, MBA’s associate vice president for housing economics and executive director at the Research Institute for Housing America , in a statement.
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 trillion in 2023.
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Housing Wire
SEPTEMBER 30, 2022
The latest weekly survey data from Freddie Mac shows the 30-year fixed-rate mortgage jumped 40 basis points to an average of 6.70% this week, the highest level since 2007. The survey also indicates a large dispersion in rates, meaning that homebuyers can save hundreds of dollars by shopping around with different lenders.
Housing Wire
JUNE 15, 2022
In 2021, more than 90% of borrowers who closed a loan with fintech mortgage lender Neat Loans opted for a 30-year fixed-rate mortgage. “It’s obviously not just a flip flop, it’s a pretty big move,” said Luke Johnson, the founder and CEO of Neat Loans. . million and under.
Housing Wire
DECEMBER 29, 2023
“It finally seems like we are turning a corner and that’s good news after two years of the Fed’s negative perspective that we’ve heard,” Max Slyusarchuk, CEO of A&D Mortgage , said in an interview. A successful loan officer in this market needs a very capable qualified assistant.
Housing Wire
SEPTEMBER 22, 2022
With the rate for a 30-year mortgage 300 basis points higher than 2021, the buyer of a median-priced home this week is facing a monthly payment that is 66% higher than the same week in 2021, Ratiu noted. According to the NAR, there were 1.28 million existing homes on the market in August and would take 3.2
Housing Wire
DECEMBER 11, 2023
After hitting a 23-year high of 8% in October, mortgage rates have cooled down to the lowest levels since July. We locked in rates probably 25% more during that same period,” said Jon Overfelt, director of sales and principal at American Security Mortgage Corp. “We We are definitely seeing an uptick in demand.
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