The 30-year fixed-rate mortgage averaged 6.71%, down 8 basis points from the previous week.
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Borrowers See 1st YOY Decline In Home Equity Since 2012
The 0.7% YOY decline in Q1 is equal to an average loss of $5,400 per borrower from Q1 2022.
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Highlights
5 Federal Agencies Propose Guidance For ROVs
Addresses reconsiderations of value (ROV) for residential real estate transactions.
Freddie Mac Adds Affordable Housing Program For Native Americans
HeritageOne will increase access to affordable mortgages for tribal members living in tribal areas.
A Gloomy Snapshot Of The Housing Market
3 separate reports show low inventory affecting homebuyers’ perceptions.
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NMP Magazine
Mortgage Banker Magazine
Mortgage Women Magazine
California Broker
Lone Star LO
Florida Originator
Breaking Barriers
Andres Munar’s Journey as a LGBTQ+ Mortgage Broker and Entrepreneur
Read the cover story
NMP MAGAZINE
Uncle Sam Trashes Garbage Fees
A mind-boggling array of deceptive fees punishing homeowners
NMP MAGAZINE
What Makes a First-Time Homebuyer?
People who have owned homes previously might qualify
NEW YORK: How To Conquer - Not Fear - The Empire State
Roadblocks are many but payoff is worth it
Read the cover story
Mortgage Banker Magazine
Empathy & Positivity: 2 Great Ways To Pad Profits
Simple focus on old-fashion courtesy should help your finances
Mortgage Banker Magazine
NEW YORK: How To Conquer - Not Fear - The Empire State
Roadblocks are many but payoff is worth it
Turning Messes Into Successes
Jane Mason turned her hatred of corporate disarray into her own company
Read the cover story
MORTGAGE WOMEN MAGAZINE
Competition Heats Up As Non-competes May Soon Be Banned!
What employers and employees can do to protect their rights
MORTGAGE WOMEN MAGAZINE
Go Ahead, (Trade)Show Off!
Branded Breadcrumbs Bring You Business
Secret Weapons For Success
Insider tips from California’s top producing loan originators
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California Broker
Appraisal Bias Now Touches More Communities
New data shows growing appraisal gaps in Asian American Communities
California Broker
DFPI Guidance Regarding Remote Work
Onus put on branch managers to actively monitor MLOs
Wrangling Life & Loans
Texas-based Next Level LO co-founders say to ride this market, originators need a tight grip on work, faith, and family
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Lone Star LO
There’s Good & Bad News On The Horizon
There will be a real estate slump, but the big cities are coming out much better
Lone Star LO
Top Texas Originator Sees No Surrender To 2023
Big cities will determine the battle
Miracle Worker
How “singleness of purpose” led Matt Weaver to a three-peat as the Sunshine State's purchase mortgage winner
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Florida Originator
Miracle Worker
How “singleness of purpose” led Matt Weaver to a three-peat as the Sunshine State's purchase mortgage winner
Florida Originator
Space Coast
Research shows $1 million buys a lot less than it used to
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NMP MAGAZINE
What’s In Your Origination Toolkit?
Make sure you’ve got expertise in more than standard plain-vanilla mortgages.
NMP MAGAZINE
Respect Different Perspectives
Keeping an open mind will also lead to keeping more clients.