Declining Price Reductions Amidst Rising Inventory: Understanding the Current Market Trend

2024-02-12T06:41:07-08:00loan servicing for private money lenders|

Discover the latest trends in the mortgage industry with insights on increasing total active listings and new listings, benefiting private lenders. Stay informed!

Housing affordability lingers at historically low levels, reports NAHB.

2024-02-09T06:37:36-08:00loan servicing for private money lenders, loan servicing private lenders|

Discover the state of affordability in the housing market as only 37.7% of new and existing homes sold in Q4 2023 were deemed affordable for median-income households. Valuable insight for private lenders.

Insights from Two Harbors CEO on Strategic Origination Business

2024-02-09T05:59:11-08:00loan servicing for private money lenders, private lender loan servicing|

New business strategy aims to retain borrowers from servicing portfolio by capitalizing on interest rate drops, proving beneficial for private lenders.

Lower mortgage rates lead to growth in home prices, per NAR.

2024-02-09T04:32:02-08:00loan servicing for private money lenders, private mortgage servicing companies|

As a mortgage industry expert, I provide unbiased summaries of industry news. Discover significant home price increases in U.S. metro markets analyzed. Ideal for private lenders.

Majority of Metro Areas See Home Price Increases in Q4 2023

2024-02-08T12:14:25-08:00loan servicing for private money lenders, private money loan servicing|

Learn how the national median single-family existing home price increased by 3.5% to $391,700 in the past year. Find out more about home price gains in metro areas.

Decline in NAR membership persists within mortgage industry

2024-02-07T09:42:40-08:00loan servicing for private money lenders, private mortgage servicing companies|

Summary: NAR membership dropped to its lowest level since May 2021, declining by 5.3% to 1.516 million in January. Private lenders may find this information relevant and insightful for industry analysis.

The Q4 2023 saw household debt surge to a staggering $17.5 trillion.

2024-02-06T12:35:44-08:00loan servicing for private money lenders, private mortgage loan servicing companies|

Discover the latest updates in the mortgage industry as mortgage balances increase by $112 billion, reaching $12.25 trillion by December's end. Find out more here.

Opendoor’s Live Home Sale Commercial to Air During Super Bowl Halftime

2024-02-06T12:35:43-08:00loan servicing for private money lenders, private lender loan servicing|

Livestream footage of home sale commercial during Super Bowl halftime will air on Atlanta TV and Opendoor.com website. Find out more.

RealReports secures $2 million in seed funding for mortgage industry advancement.

2024-02-05T13:22:03-08:00loan servicing for private money lenders, private mortgage loan servicing|

"RealReports secures $2M seed funding from venture capital partners. Industry-insider news for private lenders in the proptech space."

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