Housing Wire

JUNE 15, 2022

In 2021, more than 90% of borrowers who closed a loan with fintech mortgage lender Neat Loans opted for a 30-year fixed-rate mortgage. The way ARMs work is lenders offer lower mortgage rates for the initial three, five, seven years. in 2005, the MBA said. The mortgage industry is different from 14 years ago.

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Mortgage Bracketing Loan Officers Investors 370

Lamacchia Realty

APRIL 7, 2025

As of late, Home Owners Association (HOA) dues often rival or exceed mortgage payments, then factor in higher interest rates, and taxesthough some potential tax relief may be on the horizon-and condo ownership is almost out of reach for some. Most real estate websites use bracketed price filters. It will also cost you.

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Bracketing Realty Contracts Inventory 36

Lamacchia Realty

OCTOBER 17, 2024

Inventory of homes listed reached a record low by July of 2023 , and mortgage rates increased dramatically, diminishing buyer affordability. Furthermore, potential sellers with covid-era mortgage rates of around 3% weren’t listing because they’d have to give up that historic rate and trade it for one that is likely two times higher or more.

Bracketing 74

Bracketing Marketing Sellers Buyers 74

Lamacchia Realty

JUNE 21, 2022

In early March it was becoming clear that the market was changing from a frenzied post-pandemic scene to one where rising mortgage rates would slow it down and help inventory finally rise back up. Rising prices weren’t favorable but with historically low mortgage rates , they were still affordable for buyers.

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Housing Market Bracketing Marketing Sellers 69

Lamacchia Realty

OCTOBER 25, 2023

PRICE ADJUSTMENTS AND THE 2023 MARKET In March 2022, it was clear that the market was changing from a frenzied post-pandemic scene to one where it was assumed that rising mortgage rates would slow it down and help inventory finally rise back up. Real estate websites set up their property search tools with price brackets.

Bracketing 74

Bracketing Marketing Sellers Buyers 74

Lamacchia Realty

AUGUST 3, 2021

Buyers have had more money to work with due to the low mortgage rates , and sellers who actually listed their properties were given the pick of the litter in multiple offer situations where most of the time, the homes were selling for over asking. Consider the Price Brackets. How much do you adjust the price?

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Bracketing Sellers Buyers Inventory 69

Lamacchia Realty

MARCH 26, 2024

There are factors such as comparable active properties , time of year, recently sold properties in your area, condition of the property, mortgage rates, and current market conditions to take into consideration when pricing a home. Some real estate websites set up their property search tools with price brackets.

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Bracketing HOA Sellers Buyers 74