How to Price a Product
Pricing a product involves looking at costs, knowing your target audience, researching competitors and choosing a pricing strategy that works with your profit goals.
Low inventory a challenge to housing market as rates declineÂ
Mortgage rates declined for the third consecutive week, sparking hope for a good spring buying season, but low inventory levels continue to be a challenge for the housing market.
Fannie and Freddie Shares Plummet Amid Takeover
As financial stocks enjoyed a broad rally Monday morning, shares of Fannie Mae and Freddie Mac plummeted. Yesterday morning, the Treasury formally announced the takeover of the two ailing mortgage giants, effectively wiping out common shareholders (and preferred) in the process. Under the terms of the takeover, the Treasury has enacted a four-part plan aimed… Read More »Fannie and Freddie Shares Plummet Amid Takeover
The post Fannie and Freddie Shares Plummet Amid Takeover appeared first on The Truth About Mortgage.
SOTM 81: Is Residential Real Estate About to Crash? â Elliot Smith
There are signs that the housing market is slowing down, but despite what you may see in the headlines, that doesnât mean thereâs an impending crash. On todayâs State of the Market with The Real Dealzâ Elliot Smith, we analyze articles and statistics to decipher whatâs really happening in real estate. Plus, we discuss the unique opportunities agents have right now along with strategies for winning new clients. Donât miss it!
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Mortgage demand gets a boost as rates decline for three straight weeks
As the 30-year fixed rate dropped for the third straight week, homebuyers responded, giving aÂ boost to mortgage applications.Â
U.S. Pending Home Sales Rise for the Third Month in a Row in February
13 Tips for First-Time Homebuyers in Chicago
If you’re a first-time home buyer in Chicago, our expert guide can help you navigate the complex process of purchasing your dream home in the Windy City.
The post 13 Tips for First-Time Homebuyers in Chicago appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.
February pending home sales disappoint, but maybe we’re turning a corner?
Pending home sales increased 0.8% from January, but deal volume was still less than is typically seen in the run-up to the spring housing market.
Database Mgt., Pre-Funding and Post-Closing QC Tools; NMLS Change? Ag, Non-QM, DSCR, Reverse, Lock Program News
John F. Kennedy has been gone nearly 60 years, and Jackie Kennedy (Onassis) nearly 30, but the couple still resonates with people. The first home that they owned as a married couple is for sale in Washington DC. If youâre ever in a guessing game about the most expensive places to live in the United States, stick with the safe bets: New York and anything California. Seems the press has latched on to declining home sales, but declining due to high prices, lack of inventory, or lack of buyerâs interest? Other stories indicated increasing home sales, but in certain price ranges, more builder inventory, or continued Millennial first-time home buyer interest? Take your pick. Meanwhile, lenders and originators have their continued regulatory speedbumps. Orrick reports that, âThe Conference of State Bank Supervisors (CSBS), on behalf of the NMLS Policy Committee, issued a request for public comments on proposed uniform state licensing standards for mortgage companies. The Proposal: Mortgage Business-Specific Requirements would create a national standard for mortgage industry licensing to help improve uniformity within the state system and streamline the licensing process for mortgagees seeking licensure in multiple states.â (Todayâs podcast can be found here and this week itâs sponsored by MGIC. Since 1957, MGIC has insured more than 13.5 million mortgage loans with innovative products, tools and strategies that help customers solve problems and fuel growth. Explore tools and solutions to boost your business here. Listen to an interview with Townstone Financialâs Barry Sturner and Garris Horn LLPâs Richard Horn on the CFPBâs recent judicial failures.)