Tag Archives: mortgages

Mortgage broker salary: How much do they make?

By | | Uncategorized
Comments Off on Mortgage broker salary: How much do they make?

Mortgage brokers typically make a 1 percent to 2 percent or more commission from each loan they broker, but a lot of other variables determine how much money they make in a year. Continue reading →

How to answer buyers’ top 10 most-asked mortgage questions

By | | Uncategorized
Comments Off on How to answer buyers’ top 10 most-asked mortgage questions

Agents should be prepared to answer their buyer’s mortgage questions, including types of mortgages, lender guidelines, preapproval vs. prequalification and the closing process in the area. Continue reading →

Prices may be dropping, but homes still have loads of equity

By | | Uncategorized
Comments Off on Prices may be dropping, but homes still have loads of equity

As prices began to fall, home equity held strong. Even the most distressed properties held positive equity in the third quarter of 2022, according to a new report from Attom. Continue reading →

The end of credit scores? The best ideas from Zillow’s Hackathon

By | | Uncategorized
Comments Off on The end of credit scores? The best ideas from Zillow’s Hackathon

The Seattle-based listing giant announced the three top innovations that emerged from its annual competition for students of historically Black colleges and universities. Continue reading →

US home equity has reached new heights. What happens next?

By | | Uncategorized
Comments Off on US home equity has reached new heights. What happens next?

Gains in household real estate equity have far outpaced growth in U.S. mortgage debt, according to new numbers from the Federal Reserve board. Continue reading →

The most important mortgage column you may ever read

By | | Uncategorized
Comments Off on The most important mortgage column you may ever read

An “All-In-One-Mortgage” combines a bank account, a mortgage, and an equity line of credit (the equivalent of a HELOC) into a single product that accomplishes each of these goals. Author and consultant Bernice Ross discusses its potential for homeowner… Continue reading →

All gas, no brakes: Knock speeds into Detroit en route to 75 markets

By | | Uncategorized
Comments Off on All gas, no brakes: Knock speeds into Detroit en route to 75 markets

As of Thursday, Knock’s Home Swap and Knock GO, its “same-as-cash” mortgage product, will be offered to consumers in the Detroit, Ann Arbor and Flint through its network of partner agents. Continue reading →

Rates for 30-year mortgages reach highest point since early spring

By | | Uncategorized
Comments Off on Rates for 30-year mortgages reach highest point since early spring

Mortgage rates continued their month-long rise in mid-October as buyers and sellers navigated unusual market conditions. Continue reading →

What the US climate-risk review means for FHA, VA loans and more

By | | Uncategorized
Comments Off on What the US climate-risk review means for FHA, VA loans and more

Government agencies are looking to better quantify risks from climate change, a step with implications for government-backed home loans. Continue reading →

Foreclosures remain low as banks start to churn out post-ban filings

By | | Uncategorized
Comments Off on Foreclosures remain low as banks start to churn out post-ban filings

The number of foreclosed properties rose 34 percent in the third quarter of the year, but remained below their typical historical levels. Continue reading →