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NEXT WEEK: Brokers Share Strategies for Real Estate’s New Landscape
Top row, left to right: John Featherston, Kymber Lovett-Menkiti, Lennox Scott; Bottom row, left to right: Rod Messick, Barbara Betts, Terrie O’Connor Amid a cascade of lawsuit settlements and forthcoming rule changes that stand to disrupt the real estate playing field, brokerage leaders are striving to stay ahead of the fast and furious pace of… […]
REALTORS®: Share Exclusive Offers With Your Clients Before, During and After the Move
Buying or selling a home can be a challenging, stress-filled and often emotional experience, especially in today’s complex real estate market. As a REALTOR®, you’re resolved to help your clients make the process go as smoothly as possible from start to finish. Luckily, REALTOR Benefits® is there for you—and your clients—with exclusive savings on key… […]
Refi Share of Freddie’s Volume Held Steady Last Month
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 12.0 percent in November compared to a 15.7 percent gain in October. The portfolio balance at the end of the period was $ 3.211 trillion compared to $ 3.179 trillion the prior month and $ 2.734 trillion a year […]
400,000 Homeowners Enter Final Month in Forbearance; Conventional Loans Dominating Market Share
Black Knight estimates that nearly 630,000 forbearance plans, more than one-third of those currently active, are slated for review this month. Of those, 400,000 will have reached the end of their 18 months of forbearance eligibility unless the maximum term is extended again. The end of August saw a significant decline in forbearance numbers as […]
MBA Survey: “Share of Mortgage Loans in Forbearance Decreases to 5.05%”
Note: This is as of March 14th. From the MBA: Share of Mortgage Loans in Forbearance Decreases to 5.05% The Mortgage Bankers Association’s (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 9 basis points from 5.14% of servicers’ portfolio volume in the prior week […]
First-time Buyer Share Declines to 31% in September 2020 But Still Hits 2 Million
Amid more intense buyer competition, rising prices, and higher credit qualifications, the share of first-time buyers continued to decline to 31% in September. www.nar.realtor – Research