Tagged: analysis

Nearly half say their lender representative should have been more involved, while fewer borrowers overall receive same-day answers, JD Power finds

Redfin reports the widest condo market imbalance in 13 years, giving buyers more negotiating power

Pending sales fall 16.4% from a year ago despite lower home prices and mortgage payments, as sellers retreat from a weakening market

TransUnion finds purchase lending grew 7.1% in Q2, but loans associated with the two mortgage giants declined even as refinancing gained momentum

Realtor.com reports a sharp decline in purchase activity as higher rates erode borrowing power

Sellers are cutting asking prices, but near-record monthly payments continue to squeeze buyers and limit purchase demand

LendingTree finds savings pay for three-quarters of projects, while home equity loans finance larger jobs

September’s inflation pickup puts recent rate improvements at risk, potentially eroding affordability gains from lower home prices and seller concessions

Redfin reports a record seller surplus and the highest contract cancellation share since early 2020, leaving loan officers with fewer purchase opportunities despite buyers’ growing negotiating power

With rates projected to stay above 7%, MBA expects fewer loans next year — putting more pressure on LOs to win market share and find business beyond rate-driven refinancing