Stephen Sondheim’s NYC Townhome Sold for $7 Million.
Two offers made on the NYC townhome listed in July. Stephen Sondheim’s property sold for the asking price of $7 million. Discover more in Weekly Real Estate News.
Is 2024 the Year of Attainable Homeownership?
Looking ahead, Realtor.com predicts mortgage rates to decrease in 2024, reaching an average of 6.5% by year-end. Learn more about affordable homeownership in the coming year.
Ginnie Mae updates guidelines, revising definition of high-balance loans
As an industry expert, I provide insightful summaries for mortgage-related news. Stay informed with the latest high-balance loan guidance by FHFA for private lenders.
Moody’s predicts decline in Nonbanks’ profitability over next quarters
Nonbank mortgage companies saw improved profitability in Q3, outperforming Q2. Private lenders can gain insights on the industry's growth potential.
FHFA Raises Conforming Loan Limit to $766,550 in 2024
As a mortgage industry expert, I provide insightful summaries on industry news. Find out about the baseline conforming loan limit for private lenders in 2024 at $766,550.
The scarcity of new homes for sale: Exploring the reasons behind the shortage.
Discover the scarcity of new homes for sale in the US, with only 76,000 available despite a population of 335 million. Valuable insight for private lenders.
The Housing Challenge: Expert Insights from the Richmond Fed
Discover how construction costs in 2022 impacted the average sales price of new single-family homes, offering valuable insights for private lenders. Read more.
Exposing Fraud: Unraveling the Complex Deception in Private Lending
In the dynamic field of finance, private lenders offer distinct advantages over traditional banks, but they also face the constant threat of fraudsters. Discover how these lenders navigate this intricate web of deception to protect their clients and maintain their integrity. Read more.
The Impact of Decreasing Mortgage Rates on Spring Housing Inventory
As a mortgage industry expert, I provide clinical summaries on industry news. Find out how lower mortgage rates are impacting housing supply and increasing demand. Benefit from this valuable insight.
Mastering Assignment of Rents in California Real Estate: Expert Insights
As a mortgage industry expert, discover how to navigate the complexities of Assignment of Rents in California Real Estate for private lenders.