2008 Housing Market Loan Officers 
Housing Wire
JUNE 16, 2022
neighborhood, housing market, Fall, homes, new house sales, forbearance. The Federal Reserve ’s 75 basis point interest rate hike – its largest since 1994 – proves the central bank is laser-focused on slowing inflation, but loan officers and housing economists don’t expect mortgage rates to come down until consumer prices fall.
Housing Wire
MAY 7, 2023
didn’t go into recession until 2008. Even though the labor market is currently showing signs of getting softer , there is no job-loss recession yet. As you can see in the chart below, there is a big difference between the current housing market and those looking for a repeat of 2008.
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Housing Wire
JUNE 27, 2022
Like many loan officers, Dicker was working nights and weekends, banging out refinancings and purchase mortgages at record-low rates for clients. Tech-fueled Redfin laid off 470 employees , or about 8% of its workforce, saying housing demand fell short of expectations in May. The culling.
Housing Wire
AUGUST 17, 2023
bond yields hit their highest level since 2008. At Mortgage News Daily on Thursday morning, the 30-year fixed rate for conventional loans was 7.34%, up 29 basis points from the previous week. Several mortgage loan officers told HousingWire they were quoting rates between 7.2% on Wednesday. In early August, the U.S.
Housing Wire
MAY 26, 2022
As 2022 proves to be a challenging year for the housing market, lenders are looking to take advantage of potential downtime by improving their internal processes. The conventional 30-year mortgage rate would have to be in the mid- to high-5% range for the ARM to be in the high-3% range,” said a loan officer in Washington.
Housing Wire
JULY 26, 2023
When clients find their dream house and are ready to make an offer, Todd Armstrong’s next call isn’t necessarily to the seller’s agent or the buyer’s loan officer. “We over the past 15 years from 5.5%, but building in Moderate FHSZ has nearly doubled since 2008.
Appraisal Buzz
AUGUST 23, 2024
Before embarking on a career in real estate, Shumaker worked as a Loan Officer, closing residential and commercial mortgages. He managed and sold more than 1,000 REO properties during the 2008 housing crisis.
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