Richard Q. Reed, Mortgage Banker

03/23/2024

Amazing concert by Blake Shelton with surprise guest, Gwen Stefani at Acrisure Arena. Attended with my wife, brother and sister in laws, and my sons Quinton and Max!

10/21/2022

How Appraisal Bias Can Impact Home Values, Why Down Payments are Headed South, Rates and more!

Market News 10.21.22 Market Updates How Appraisal Bias Can Impact Home Values Appraisal bias occurs when a property appraisal contains data that unfairly discriminates against a homeowner, either consciously or unconsciously. A recent study found that homes in minority neighborhoods are more likely....

10/14/2022

Teach the Long-Term Benefits to Help You Sell Today, Three Bone-Chilling Marketing Ideas for Halloween, Rates and more!

Market News October 14 Market Updates Teach the Long-Term Benefits to Help You Sell Today While short-term forecasts of leveling home prices and increasing mortgage rates may scare off many, especially first-time buyers, help your customer see the big picture. Homeownership is a long-term investment...

10/07/2022

The Silver Lining for Homebuyers in Today's Market, New Affordability Facts for Homebuyers, Rates and more!

Market News October 7 Market Updates The Silver Lining for Homebuyers in Today's Market Most would-be homebuyers consider the recent interest rate rises as bad news. However, there's also an unseen benefit, as fall and winter are historically the times of the year when the housing market shifts in f...

09/30/2022

The Best Time to Buy a Home? This Week...Really!, Four Ways to Convert More Real Estate Leads, Rates and more!

Mortgage News September 30 Market Updates The Best Time to Buy a Home? This Week...Really! Recent data from Realtor.com found that the week of September 25-October 1 is ideal for would-be homebuyers to make their move. Specifically, a combination of seasonal and 2022 post-pandemic market conditions,...

09/23/2022

Home Value Growth Easing to Pre-Pandemic Levels, How to Live for the Here and Now, Three Tips for Driving More Leads in Q4, Rates and more!

https://www.mortgagecapitalpartners.com/mortgage-news-september-23/

09/16/2022

Housing Inventory, Sales Pace Improve for Buyers, How to Avoid Liability When Buyers Waive the Home Inspection, Rates and more!

Mortgage News September 16 Market Updates Housing Inventory, Sales Pace Improve for Buyers Data from Realtor.com's August Housing Trends Report included some good news for would-be homebuyers. Property sales slowed, turning in their first year-over-year increase in days on the market since June 2020...

09/09/2022

Home Affordability is on the Upswing Nationwide, Expert Tips for Politely Saying No to a Prospect, Rates and more!

Mortgage News September 9 Market Updates Home Affordability is on the Upswing Nationwide Affordability has improved across the country, according to data from the Mortgage Bankers Association (MBA), with the median home mortgage payment decreasing to $1,844 from $1,893 between June and July. The low...

09/02/2022

Four Strategies that Create Confidence in Your Sellers, What is the First-Time Home Buyer Tax Credit?, Rates and more!

Mortgage News September 2 Market Updates NAR's Rental Beast Helps REALTORS® Earn More A new benefit from the National Association of REALTORS® (NAR) could provide you with the ability to easily convert renters to home buyers. Specifically, NAR members now receive free access to Rental Beast, a sec...

08/26/2022

Housing Reset: Buyer-Friendly Market Gets Its Footing, Three Ways to Get Familiar with an Eco-Friendly Lifestyle, Rates and more!

Mortgage News August 26 Market Updates NAR's Top Economist Predicts Brighter Days Ahead The real estate market could be in better shape than naysayers may think. The National Association of REALTORS'® Chief Economist Lawrence Yun says inflation eased a bit in July, going down from 9.1% in June to 8...

08/19/2022

Rates Fall to Under 5% In August, Three Ways to Improve Your Listing Presentations, Rates and more!

https://www.mortgagecapitalpartners.com/mortgage-news-august-19/

08/12/2022

Top Housing Predictions for the Rest of 2022, Three Personality Traits of Self-Made Millionaires, Rates and more!

Mortgage News August 12 Market Updates Top Housing Predictions for the Rest of 2022 National Association of REALTORS® (NAR) Chief Economist Lawrence Yun recently offered his top housing market predictions for the rest of 2022. He said that, even with the current housing slowdown expected to continu...