mortgage-orb
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for April 2022 shows mortgage applications for new home purchases decreased 10.6% compared to a year ago. Compared to March 2022, applications decreased by 14%. This change does not include any adjustment for typical seasonal patterns.
“New home purchase activity declined on a monthly and annual basis in April, as the spike in mortgage rates cooled demand, and homebuilders continued to grapple with rising
There seems to be a consensus among appraisal reviewers that the appraiser should not average the adjusted sales prices of their comparables in order to
When was the last time you, the appraiser, thought about what placing a comparable sale on the 1004 form’s sales grid really communicates to your
Riding the waves of the appraisal profession can result in a range of outcomes and emotions over time. Appraisers, and surfers, have varying levels of
Question: “My state board recently charged me with authoring a misleading report. I got the client to write a letter to the state indicating my
