Loan production costs are drowning mortgage brokers Just 32% of mortgage companies were able to remain profitable in 2022 — a steep nosedive from 2020's record profits.
Extending performance dates for purchase agreement goals Purchase agreement objectives may be met by extending dates to avoid termination.
Marketing and Advertising, Pt II Concluding our new two-part FARMing series, this episode provides actionable guidance on infusing your brand into all forms of marketing.
Mortgage Concepts: Steering homeowners to preferred counselors on HECMs We break down counseling rules for consumers weighing a Home Equity Conversion Mortgage.
Form-of-the-Week: INTAX and §1031 Profit and Basis Recap Sheet An agent uses RPI Forms 351 and 354 when analyzing the tax consequences of a sale or §1031 reinvestment plan.
Make your own forecast: California home prices Submit your best guess on home price movement in the coming years with this interactive chart and compare your forecast with firsttuesday's.
MIP, PMI, or neither? The private mortgage insurance (PMI) rate is slightly higher than a similar 30-year mortgage with mortgage insurance premiums (MIPs) in April 2023.
Using the yield spread to forecast recessions and recoveries The yield spread averaged -1.05 points in March 2023, its lowest level since 1981.
Current mortgage rates The average 30-year FRM rate remained roughly level at 6.27% in the week ending April 14, 2023. The average 15-year FRM rate fell back slightly to 5.54%.
Popular: What you need to know about LA's new "mansion tax" What do agents need to know about the new mansion tax affecting LA?
Trending: Time to perform as staging a cancellation Learn when a buyer or seller may exercise their right to cancel the purchase agreement.
Real Estate Crossword Test your real estate fundamentals with our weekly crossword. This week: Real Estate Participants.
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