How rising rates impact the housing market

How will rising interest rates impact the housing market? This used to be a pretty easy question to answer, but not this year.

March 15, 2022 Was this email forwarded to you? Sign up for HousingWire's Daily Update here. Mike Simonsen: How rising rates impact the housing market Real Estate, Mortgage, Opinion, HW+ Exclusive Content How will rising interest rates impact the housing market? This used to be a pretty easy question to answer, but not this year. "It's ridiculous": Real estate industry opposes newly proposed cash-deal reporting rules Agent, Brokerage, Real Estate, Closing, Politics & Money, Title, HW+ Exclusive Content The NAR and ALTA say newly-proposed Treasury Department rules on reporting cash deals are too burdensome for real estate agents and title companies. We're here to change the way you think about reverse mortgages For too long, a reverse mortgage has been seen as a last resort for people in desperate straits. At Reverse Mortgage Funding LLC, we know that when used thoughtfully, it can be a sophisticated part of a financial plan. That's why we're working to change the way people think about reverse mortgages.   Learn More! Sponsored by Reverse Mortgage Funding Big lenders look to grow their reverse footprint Reverse This episode looks at how big lenders such as Fairway and Finance of America Reverse are looking to expand their reverse mortgage footprint. Listen Now! How lenders can serve the underserved in 2022 Presented by SRE.com It will fall to the mortgage originator to send out a clear message to home loan borrowers, letting them know their options and pushing for unfiltered contact with new homebuyers. If the industry doesn't step up its new borrower outreach efforts, it could appear to government regulators that the industry isn't taking the President's mandate seriously. Are you wasting a third of your repeat business opportunities? The average lender overlooks 1 in 3 signals that a past borrower is ready for a new loan — and retains just 18% of those customers as a result. Learn how your peers turned those numbers around to achieve customer retention rates averaging 59%.  Crack the code! Sponsored by Sales Boomerang Mega team leader Kristan Cole on scaling growth Brokerage, Podcasts Kristan Cole, founder and CEO of the Kristan Cole Real Estate Network of Keller Williams Realty talks about the challenges growing a multi-state expansion team. Looking for a Program to Qualify Your Self-Employed, Investor, or Foreign National Borrowers? We have a Solution! Acra Lending provides adaptable programs to meet the needs of your customers. Programs like our Investor Cash Flow, Bank Statements, and Foreign National are just a few of our top choices for helping your borrowers qualify for a loan. For details, visit acralending.com Sponsored by Acra Lending Red flag: Guild finds gaps in internal controls Mortgage Guild Mortgage disclosed to the SEC that it did not have sufficient staff with the experience to design and operate its controls over financial reporting. DocVu.AI wins award for best AI-powered document processing solution DocVu.AI brings together AI tech and mortgage expertise to document processing. DocVu.AI increases efficiency and enhances the accuracy of document processing to 99.5%, improving your compliance and scalability with the same resources. Read more! Sponsored by Visionet Cash-out refis starting to slow despite equity gains Mortgage Mortgage origination activity took a major hit in February, with rate hikes squeezing out refinance activity, both for rate-term refis and cash-outs. The opportunity of Reverse Mortgages in a Purchase Market If you've ever been interested in learning more about reverse mortgages and how they may be able to become folded into your existing mortgage business, register to join the experts on March 23rd to learn how. Register today! Sponsored by HW+ Inside the Walmart, Lenders One mortgage deal Mortgage, HW+ Exclusive Content Lenders One Cooperative and Walmart want mortgages in your shopping cart. HousingWire breaks down the deal – and what the future may hold for retail partnerships. HousingWire, 433 East Las Colinas Blvd., Suite 830, Irving, TX 75039 Manage preferences

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