Posted To: Pipeline Press
Why is breakfast in bed “luxurious” but breakfast, lunch, and dinner in bed is labeled “depression?” That’s something to consider. Today there’s so much to consider, I don’t know where to start! It’s a real mix of good news and bad news. First, for anyone estimating where 2022 conforming loan limits will be, yesterday the FHFA House Price Index was +1.4 percent in July and is up 19.2 percent from last year . So that will give you a decent estimate. Whether or not you believe that the climate is changing, manmade or natural, if it impacts investor thinking, it impacts borrower pricing & perceived risk , and it impacts you. Sellers of homes, and investors in loans, don’t like uncertainty. “The National Flood Insurance Program is…(read more)
Source: Mortgage News Daily