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Home inspector sees interaction from baby boomers, aging in place and reverse mortgages

Housing Wire

This was some of the perspective shared by Matt Cook, the director of business development at HomeTeam Inspection Service , who shared with HousingWire ‘s Reverse Mortgage Daily (RMD) how the growing number of older homeowners is impacting what he sees on a daily basis. Some feel like homes arent built like they used to be.

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How non-QM loans boost mortgage originator for success in 2025

Housing Wire

Describing the modern-day mortgage market as challenging would be an understatement, to say the least. Mortgage interest rates have steadily ramped up throughout 2024. The average rate throughout 2024 for 30-year fixed mortgages was 6.72% higher than it was during the 2008 market crash.

Loans 343
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5 lessons we learned at the HW Economic Summit – and why we consider it a ‘must attend’

Housing Wire

26 in Dallas, provided valuable insights into the forces shaping the mortgage and housing markets in 2025. With economists, analysts and industry leaders in the room, discussions revolved around key economic indicators, inventory shifts, technology advancements and what lenders should be doing right now to prepare for the next cycle.

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What will it take to rekindle the senior housing market?

Housing Wire

Adding to the potential shortage in years ahead are stubbornly high mortgage rates and tariffs that could slow new construction. Occupancy rates and rents at senior housing facilities have largely returned to their prepandemic levels, signaling a recovery in the wider industry.

Marketing 368
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Tom Davis shares non-QM opportunities to capitalize heading into 2025

Housing Wire

Ground-up construction growth will be high to meet the population growth and meet the demand due to limited inventory. New construction volume levels have increased to 10-year highs with a percentage share of 33%. Deephaven offers an advantage and competitive edge with our Ground-Up Construction loan.

Investor 448
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Fewer people are submitting mortgage applications

Housing Wire

Mortgage applications dropped for the second straight week , this time down 4% for the week ending May 28, 2021, according the Mortgage Bankers Association ‘s weekly mortgage applications survey. This week’s data was compared to mortgage applications from the week of Memorial Day in 2020. the previous week.

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loanDepot promotes Bart Evans to Southeast regional vice president

Housing Wire

mortgage lender loanDepot announced the promotion of regional sales director Bart Evans to regional vice president for the Southeast region. The new regional vice president brings a bit more to his role than executive mortgage experience. With the heart of an athlete, Evans will bring strong work ethic to his new role.

Lending 370