Alex Suslov, Head of Capital Markets, and Billy Abrams, President/CEO of ADM Securities, discuss recent and upcoming trends happening in the capital markets and their impact on the Non-QM market. Check out their discussion.
Fannie Mae — Home Sales Slowing as Mortgage Rates Continue to Rise. “In housing, the new home sales figure was below our expectations and will likely lead to a downward revision to our near-term new home sales forecast. While we expect the ongoing lack of existing homes for sale will still support demand for new homes this year, the slowdown in sales over the past two months may end up reflecting a turning point going forward given the recent rapid rise in mortgage rates, hitting 4.4 percent as of the latest weekly survey from Freddie Mac.”
Scotsman Guide — Homeownership costs remain less pricey than renting. “Despite the recently tightened affordability of homeownership, buying a home is still a better financial option than renting in more than half of U.S. markets, according to Attom Data Solutions’ 2022 Rental Affordability Report. Owning a median-priced home costs less than the average rent for a three-bedroom property in 58% of the 1,154 U.S. counties analyzed, meaning that major homeownership expenses take up a lesser portion of the average local wage than rents do.”
Q&A with Broker Support
🗓️ Tuesday, April 12, 2022
🕐 1 PM EST
Join us for a live Q&A session with our Broker Support tea, as they answer your burning questions on how to become an Approved Partner and how to expand your pipeline.
Cash in on Cash-outs: Making Refinances Work in 2022
🗓️ Tuesday, April 19, 2022
🕐 1 PM EST
Analysts have predicted that 2022 will be a hard year for refinances, but there is still going to be activity in the cash-out sector. Find out how cash-out refinances work today, what their requirements are, what options are available to borrowers, and what are the alternatives.
The New Non-QM Normal: Successful Sales Strategies with Non-QM Programs
🗓️ Tuesday, April 26, 2022
🕐 1 PM EST
In today’s market, Non-QM loans are becoming the new normal as rates for conventional loans become increasingly more challenging to qualify for. Learn strategies on how to close more Non-QM business in a competitive market from a top A&D Account Manager.
As A&D Mortgage’s Communications Manager. Carl Holman has more than 20 years of expertise in marketing, media relations, and communications, having spent 10 years of his career in mortgage lending and real estate. He holds a Bachelor’s in Journalism and Mass Communications from the University of South Carolina.