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- International Society of Real Estate Professionals (ISREP)
- ISREP is an international society of licensed real estate professionals and assistants. They are real estate agents, appraisers, inspectors, lenders, title and escrow offices.
Mortgage & RE News
| Mortgage And Real Estate News | ||
| New Home Sales at 3 Year High, Maybe... The Census Bureau reported New Home Sales for April today, and at face value, the news is good. Economists expected an annual pace of 692k, but were instead treated to a surprisingly high 743k--... | ||
| No Major Change For Existing Home Sales Two months ago, existing home sales came in at the highest levels in a year according the the National Association of Realtors (NAR). Last month's report showed a fairly sharp decline to 5 month lows.... | ||
| Mortgage Demand Impacted by Rising Rates The Mortgage Bankers Association's (MBA) weekly application survey has been doing a good job of tracking with the more granular daily rate data from MND. Both are in agreement that rates were on their... | ||
| Mortgage Rates Lower Again Today, But Still Higher on The Week The bond market is scheduled to close 3 hour earlier than normal today--a common practice surrounding federal holiday weekends. This means 3 fewer hours where trading volatility can have an impact on ... | ||
| Servicing With AI, Borrower Portal, 2nd Lien Products; Bill Pulte, Freddie,... “I can’t afford an Ancestry DNA kit to learn about my relatives. So instead, I posted online that I had won the Powerball Lottery.” Speaking of news dissemination, Southwest Airlines sent out a press ... | ||
| Mortgage Rates Edge Down From Recent Highs, But Remain Over 7% Mortgage rates hit their highest level in just over 3 months yesterday with financial markets generally protesting the absence of more serious spending cuts in the spending bill. Rates care abou... | ||
| Non-QM, QC Trends, Past Borrower Mining Tools; House Passes Spending Bill; ... Yesterday I headed west from the conference while my son Robbie headed south to the nCino nSight event. But while in Manhattan Dawn S. asked me, “How do you know if there’s a vegan at your party?” Ans... | ||
| Mortgage Rates Move Up to 3 Month Highs Two days ago, mortgage rates began the day at 7.04% before mid-day improvements brought the average back down to 6.99%. Today started out in a similar vein with the average lender at 7.05%, but ... | ||
| Non-QM, Post-Closing, POS, Warehouse Products; Vendor Marketplace; FHA, VA,... As nearly a thousand capital markets staff, managers, and vendors head home from Manhattan, united in trying to help borrowers, in a reflection of the times, it’s interesting how divisive the times ar... | ||
| Mortgage Rates Hold Steady Near Recent Highs Mortgage rates ultimately managed to hold steady on Tuesday despite some underlying market volatility. Rates change day to day (and sometimes intraday) based on movement in the bond market, and there'... | ||
| Automation Pilot; MBA Pooling, Marketing, Cyber Insurance, Processing Tools... A mullah, a rabbi, and a priest walk into a bar here in New York. The bartender says, “What is this, some kind of joke?” What isn’t a joke is people’s pay, and trends in mortgage compensation, and thi... | ||
| Mortgage Rates Briefly Over 7% Before Mid-Day Improvement Mortgage rates jumped sharply over the weekend as financial markets reacted to Moody's credit rating downgrade of the U.S. News of the downgrade broke with only minutes left in Friday's market/b... | ||
| POS, LOS, HELOC, Legal Products; IMB Per Loan is Still a Loss; Lower Rates ... People who don’t attend the National Secondary here in Manhattan wonder what happens behind the scenes. Here you go. We had the MCT elevator failure last night, inconveniencing a carload of mortgage f... | ||
| Mortgage Rates End Week Only Slightly Higher After Decent Recovery The average top tier 30yr fixed rate is set to end the week just a few hundredths of a percent higher than last Friday at 6.92%. That's a victory--albeit a small one--after hitting 6.99% on Wedn... | ||
| Housing Starts Buoyed By Multi-Family Sector The Census Bureau is out with monthly construction numbers for April showing an uptick in construction activity offset by slightly lower permitting. While there are several other metrics in this... | ||
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