Maryland Mortgage Loans

2 of the Factors That Impact Mortgage Rates If you’re looking to buy a home, you’ve probably been paying close attention to mortgage rates. Over the last couple of years, they hit record lows, rose dramatically, and are now dropping back down a bit. Ever wonder why? The answer is complicated because there’s a lot that can influence mortgage rates. Here are just a few of the most impactful factors at play. Inflation and the Federal Reserve The Federal Reserve (Fed) doesn’t directly determine mortgage rates. But the Fed does move the Federal Funds Rate up or down in response to what’s happening with inflation, the economy, employment rates, and more. As that happens, mortgage rates tend to respond. Fortunately, the expert outlook for inflation and mortgage rates is that both should become more favorable over the course of the year. As Danielle Hale, Chief Economist at Realtor.com, says: “[M]ortgage rates will continue to ease in 2024 as inflation improves . . .” The 10-Year T

#Foreclosures #HousingMarketUpdates Foreclosure Activity Is Still Lower than the Norm: Have you seen headlines talking about the increase in foreclosures in today’s housing market? http://dlvr.it/T26nD1 /> http://dlvr.it/T26nhM

Have you seen headlines talking about the increase in foreclosures in today’s housing market? http://dlvr.it/T26nDg

Are More Homeowners Selling as Mortgage Rates Come Down? If you’re looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability. But there’s another way this benefits you – it may inspire more homeowners to put their houses up for sale. The Mortgage Rate Lock-In Effect Over the past year, one factor that’s really limited the options for your move is how few homes were on the market. That’s because many homeowners chose to delay their plans to sell once mortgage rates went up. Early Signs Show Those Homeowners Are Ready To Move Again According to the latest data from Realtor.com, there were more homeowners putting their houses up for sale, known in the industry as new listings, in December 2023 compared to December 2022. Here's why this is so significant. Typically, activity in the housing market cools down in the later months of the... #firsttimehomebuyer #opportunity www.DanFreshley.com http://dlvr.it/T24PCF

ICYMI: #HousingMarketUpdates #Demographics Will a Silver Tsunami Change the 2024 Housing Market?: Have you ever heard the term “Silver Tsunami” and wondered what it's all about? http://dlvr.it/T21fj2 /> http://dlvr.it/T24Czm

Will a Silver Tsunami Change the 2024 Housing Market? Have you ever heard the term “Silver Tsunami” and wondered what it's all about? If so, that might be because there’s been lot of talk about it online recently. Let's dive into what it is and why it won't drastically impact the housing market. What Does Silver Tsunami Mean? A recent article from HousingWire calls it: “. . . a colloquialism referring to aging Americans changing their housing arrangements to accommodate aging . . .” The thought is that as baby boomers grow older, a significant number will start downsizing their homes. Considering how large that generation is, if these moves happened in a big wave, it would affect the housing market by causing a significant uptick in the number of larger homes for sale. That influx of homes coming onto the market would impact the balance of supply and demand and more. The concept makes... #realestate #homeownership #homebuying www.DanFreshley.com http://dlvr.

Will a Silver Tsunami Change the 2024 Housing Market? Have you ever heard the term “Silver Tsunami” and wondered what it's all about? If so, that might be because there’s been lot of talk about it online recently. Let's dive into what it is and why it won't drastically impact the housing market. What Does Silver Tsunami Mean? A recent article from HousingWire calls it: “. . . a colloquialism referring to aging Americans changing their housing arrangements to accommodate aging . . .” The thought is that as baby boomers grow older, a significant number will start downsizing their homes. Considering how large that generation is, if these moves happened in a big wave, it would affect the housing market by causing a significant uptick in the number of larger homes for sale. That influx of homes coming onto the market would impact the balance of supply and demand and more. The concept makes sense in theory, but will it happen? And if so, when? Why It Won’t Have a Huge

ICYMI: Why It’s More Affordable To Buy a Home This Year [INFOGRAPHIC] Home affordability depends on three factors: mortgage rates, home prices, and wages. Mortgage rates are down from their recent peak, home prices are expected to rise at a slower pace, and wages are increasing faster than usual. That’s good news if you want to buy a home because it means affordability is getting better. #firsttimehomebuyer #opportunity www.DanFreshley.com http://dlvr.it/T21sJt

#HousingMarketUpdates #Demographics Will a Silver Tsunami Change the 2024 Housing Market?: Have you ever heard the term “Silver Tsunami” and wondered what it's all about? http://dlvr.it/T21fj2 /> http://dlvr.it/T21g9z

Have you ever heard the term “Silver Tsunami” and wondered what it's all about? http://dlvr.it/T21fh3

Why It’s More Affordable To Buy a Home This Year [INFOGRAPHIC] Home affordability depends on three factors: mortgage rates, home prices, and wages. Mortgage rates are down from their recent peak, home prices are expected to rise at a slower pace, and wages are increasing faster than usual. That’s good news if you want to buy a home because it means affordability is getting better. #firsttimehomebuyer #opportunity www.DanFreshley.com http://dlvr.it/T1zmWf

Why It’s More Affordable To Buy a Home This Year [INFOGRAPHIC] Home affordability depends on three factors: mortgage rates, home prices, and wages. Mortgage rates are down from their recent peak, home prices are expected to rise at a slower pace, and wages are increasing faster than usual. That’s good news if you want to buy a home because it means affordability is getting better. #firsttimehomebuyer #opportunity www.DanFreshley.com http://dlvr.it/T1zmNf

ICYMI: 2024 is already off to a strong start. With demand on the rise, it’s a great time to get your house in front of potential buyers. If the thought of selling has crossed your mind, this could be your golden opportunity to make a move. DM me today, and together, let's get your house sold. #buyerdemand #realestateinsight www.DanFreshley.com http://dlvr.it/T1zlyl

2024 is already off to a strong start. With demand on the rise, it’s a great time to get your house in front of potential buyers. If the thought of selling has crossed your mind, this could be your golden opportunity to make a move. DM me today, and together, let's get your house sold. #buyerdemand #realestateinsight www.DanFreshley.com http://dlvr.it/T1xxC9

ICYMI: #ForBuyers #Infographics #Pricing #FirstTimeHomeBuyers Why It’s More Affordable To Buy a Home This Year [INFOGRAPHIC]: Home affordability depends on three factors: mortgage rates, home prices, and wages. http://dlvr.it/T1vXVj /> http://dlvr.it/T1xpgl

How Owning a Home Can Really Increase Your Wealth If you're choosing between renting or buying a home this year, consider that homeownership can be a significant wealth-building tool. Let’s connect so you can learn more about how buying a home can increase your net worth over time. #homeownership #wealth #networth www.DanFreshley.com http://dlvr.it/T1vy9h

#ForBuyers #Infographics #Pricing #FirstTimeHomeBuyers Why It’s More Affordable To Buy a Home This Year [INFOGRAPHIC]: Home affordability depends on three factors: mortgage rates, home prices, and wages. http://dlvr.it/T1vXVj /> http://dlvr.it/T1vXx6

Home affordability depends on three factors: mortgage rates, home prices, and wages.  http://dlvr.it/T1vXW6

Mortgage application activity has increased in each of the three weeks of the New Year, even though two of those weeks were impacted by federal holidays. There was a strong purchase loan component each week as well. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of mortgage loan application volume, increased 3.7 percent on a seasonally adjusted basis during the week ended January 19, including an adjustment to account for the Martin Luther King observance. On an unadjusted basis, the Index was down 4.0 percent from the previous week’s level. The Refinance Index’s holiday-adjusted version fell 7.0 percent week-over-week and was 8.0 percent lower than the same week one year ago. The unadjusted Index declined 16.0 percent for the week and 8.0 percent year-over-year. The share of refinance applications dropped to 32.7 percent from 37.5 percent the previous week. [refiappschart] The seasonally adjusted Purchase Index increased 8.0 percent from one week ear

If you’re looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability. http://dlvr.it/T1pVkr

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Have you been holding off on selling your house because you felt mortgage rates were too high? If so, their recent dip is good news. Lower rates not only help you feel less locked-in to your current rate, but they also bring more buyers to the market. If you're ready to make the most of today's more favorable conditions and talk through the next steps, DM me. #sellwithconfidence #mortgagerates www.DanFreshley.com http://dlvr.it/T1m7Ht

ICYMI: #ForSellers #SellingMyths 3 Must-Do’s When Selling Your House in 2024: If one of the goals on your list is selling your house and making a move this year, you’re likely juggling a mix of excitement about what’s ahead and feeling a little sentimental about your current home. http://dlvr.it/T1jQgg /> http://dlvr.it/T1lxqk

#ForBuyers #Pricing #FirstTimeHomeBuyers #HousingMarketUpdates Experts Project Home Prices Will Increase in 2024: Even though home prices are going up nationally, some people are still worried they might come down. http://dlvr.it/T1lwv9 /> http://dlvr.it/T1lx7g

Attention in the hallways in the early going at the IMB Conference in New Orleans is varied. LinkedIn traffic seems to have picked up for IMB companies like Draper and Kramer and Atlantic Bay, but that is hardly a scientific measure of companies being bought, buying, or exiting the business. (As always, direct questions to company representatives.) Credit costs and trigger leads are a big item; this Wednesday’s L1 Mortgage Matters session at 2PM ET features John Fleming, of John Fleming Law and the Texas MBA, discussing issues including a fine update on the trigger lead situation. Being pragmatic about handling branches that are losing money, even if the crew there has been with you for years and years, is a hot topic among owners. The last 18 months has not been the time to waffle or ignore information. Today’s podcast can be found here and this week’s is brought to you LoanCare. LoanCare has successfully navigated clients and homeowners through market change for 40 years. The mortgag

If you’re worried home prices will drop, here’s some good news. More than 100 experts project they’ll keep going up through 2028. That means if you buy now, your home's value – and your equity – could get a nice boost. Let’s connect to talk about what’s happening with home prices in our area. #priceforecast #homeprices www.DanFreshley.com http://dlvr.it/T1jqlF

ICYMI: Great news for 2024 - inventory is expected to increase, offering more options for your next home. Imagine the possibilities. Ready to explore what's available in our area? Let's connect and find the perfect match for you. #newlistings #housinginventory www.DanFreshley.com http://dlvr.it/T1jcYG

#ForSellers #SellingMyths 3 Must-Do’s When Selling Your House in 2024: If one of the goals on your list is selling your house and making a move this year, you’re likely juggling a mix of excitement about what’s ahead and feeling a little sentimental about your current home. http://dlvr.it/T1jQgg /> http://dlvr.it/T1jRHn

If one of the goals on your list is selling your house and making a move this year, you’re likely juggling a mix of excitement about what’s ahead and feeling a little sentimental about your current home. http://dlvr.it/T1jQjg

Great news for 2024 - inventory is expected to increase, offering more options for your next home. Imagine the possibilities. Ready to explore what's available in our area? Let's connect and find the perfect match for you. #newlistings #housinginventory www.DanFreshley.com http://dlvr.it/T1gYM4

ICYMI: #ForBuyers #Infographics #FirstTimeHomeBuyers #MoveUpBuyers Key Terms Every Homebuyer Should Learn [INFOGRAPHIC]: Buying a home is a big deal and can feel especially complicated if you don't know the terms used during the process. http://dlvr.it/T1bQM8 /> http://dlvr.it/T1dh85

Key Terms Every Homebuyer Should Learn [INFOGRAPHIC] Buying a home is a big deal and can feel especially complicated if you don't know the terms used during the process. If you want to become a homeowner this year, it's a good idea to learn these key housing terms and understand how they relate to the current housing market. That will help you feel confident when you buy a home. Let’s connect so you can get expert help with any questions you have. #firsttimehomebuyer #opportunity www.DanFreshley.com http://dlvr.it/T1bqkR

Key Terms Every Homebuyer Should Learn [INFOGRAPHIC] Buying a home is a big deal and can feel especially complicated if you don't know the terms used during the process. If you want to become a homeowner this year, it's a good idea to learn these key housing terms and understand how they relate to the current housing market. That will help you feel confident when you buy a home. Let’s connect so you can get expert help with any questions you have. #firsttimehomebuyer #opportunity www.DanFreshley.com http://dlvr.it/T1bqSQ

ICYMI: #ForBuyers #Pricing #MoveUpBuyers #BuyingMyths 3 Key Factors Affecting Home Affordability: Over the past year, a lot of people have been talking about housing affordability and how tight it’s gotten. http://dlvr.it/T1XxNl /> http://dlvr.it/T1bRfs

#ForBuyers #Infographics #FirstTimeHomeBuyers #MoveUpBuyers Key Terms Every Homebuyer Should Learn [INFOGRAPHIC]: Buying a home is a big deal and can feel especially complicated if you don't know the terms used during the process. http://dlvr.it/T1bQM8 /> http://dlvr.it/T1bQYb

Buying a home is a big deal and can feel especially complicated if you don't know the terms used during the process. http://dlvr.it/T1bQPN

#ForBuyers #Pricing #MoveUpBuyers #BuyingMyths 3 Key Factors Affecting Home Affordability: Over the past year, a lot of people have been talking about housing affordability and how tight it’s gotten. http://dlvr.it/T1XxNl /> http://dlvr.it/T1Xxqv

Over the past year, a lot of people have been talking about housing affordability and how tight it’s gotten. http://dlvr.it/T1XxJH

ICYMI: #ForBuyers #FirstTimeHomeBuyers #MoveUpBuyers #BuyingMyths Homeownership Is Still at the Heart of the American Dream: Buying a home is a powerful decision, and it remains at the heart of the American Dream. http://dlvr.it/T1PS20 /> http://dlvr.it/T1RtSd

Check out my blog post- Homeownership is still at the Heart of the American Dream http://dlvr.it/T1Pyxp

Homeownership isn't just about finding a house—it's a journey towards building wealth. Your monthly payments and home value appreciation lead to growing equity over time. It's one of the great ways homeownership can boost your net worth. Ready to get started on your wealth-building journey? Let's chat. #homeownershipwealth #networth www.DanFreshley.com http://dlvr.it/T1PsXt

Homeownership isn't just about finding a house—it's a journey towards building wealth. Your monthly payments and home value appreciation lead to growing equity over time. It's one of the great ways homeownership can boost your net worth. Ready to get started on your wealth-building journey? Let's chat. #homeownershipwealth #networth www.DanFreshley.com http://dlvr.it/T1PsM2

#ForBuyers #FirstTimeHomeBuyers #MoveUpBuyers #BuyingMyths Homeownership Is Still at the Heart of the American Dream: Buying a home is a powerful decision, and it remains at the heart of the American Dream. http://dlvr.it/T1PS20 /> http://dlvr.it/T1PSZD

Buying a home is a powerful decision, and it remains at the heart of the American Dream. http://dlvr.it/T1PS4T

Wondering where you’ll go when you sell your house? With so few homes available today, it’s crucial to explore all your options. That includes both existing homes as well as newly built ones. If you're curious about the choices in our area, let's chat. I'm here to help you navigate what's available and find what suits you best. #homeoptions #newconstruction www.DanFreshley.com http://dlvr.it/T1KzKN

Wondering where you’ll go when you sell your house? With so few homes available today, it’s crucial to explore all your options. That includes both existing homes as well as newly built ones. If you're curious about the choices in our area, let's chat. I'm here to help you navigate what's available and find what suits you best. #homeoptions #newconstruction www.DanFreshley.com http://dlvr.it/T1Kz7Y

ICYMI: #ForBuyers #Infographics #Pricing #HousingMarketUpdates #BuyingMyths Home Prices Forecast To Climb over the Next 5 Years [INFOGRAPHIC]: If you’re worried about what’s next for home prices, know the HPES shows experts are projecting they’ll continue to rise at least through 2028. http://dlvr.it/T1Hf3t /> http://dlvr.it/T1Krx5

I received this call yesterday from an LO friend. “Rob, I was talking to my ‘hair-apist’ last night, and I was telling her about how our industry has been a real roller coaster in terms of income for people and companies. People need their hair cut regularly, but certainly people don’t need home loans regularly. We’re all keeping our fingers crossed that 2024 is an okay year.” First off, hats off on the “hair-apist” line. (Is there also “hair-apy”?) Second, lenders are doing what they can to at least stay profitable. In fact, STRATMOR’s current blog is titled, “Adjusting Loan Officer Compensation to Improve Profitability.” Many lenders tend to move in a pack, based on rates, regulatory environment, or volumes, and despite an uptick in locks in November which resulted in decent December fundings for many, lenders find themselves back looking at overhead, tech and investor mix, and lead source. Regarding the latter, BankingBridge opined on its sponsored “top mortgage lead providers for 2

Wholesale prices unexpectedly fell 0.1% in December in positive inflation sign http://dlvr.it/T1JBY9