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Will Mortgages Get Less Expensive in 2023?
September 25, 2022
Mariel Alumit
Weely Real Estate News
Comments Off on Will Mortgages Get Less Expensive in 2023?
Source: The Motley Fool — There’s a reason so many potential home buyers have struggled to become property owners this year. Between limited inventory and soaring home prices, affordability issues and a lack of choices have […]
Housing Market Update: Sale Prices Flatten, Demand For Mortgages Falls As Rates Climb
February 24, 2023
Mark Paul Cervantes
Weely Real Estate News
Comments Off on Housing Market Update: Sale Prices Flatten, Demand For Mortgages Falls As Rates Climb
The post Housing Market Update: Sale Prices Flatten, Demand For Mortgages Falls As Rates Climb appeared first on Weekly Real Estate News.
Independent Mortgage Banks See Big Drop in Revenue & Profits
May 24, 2022
Mariel Alumit
Loan Markets
Comments Off on Independent Mortgage Banks See Big Drop in Revenue & Profits
IMBs reported a net gain of $223 per originated loan in 1Q 2022, down from $1,099 per loan in the previous quarter. KEY TAKEAWAYS Average pre-tax production profit was 5 basis points (bps) in the […]