Blogvia Realtor.com Research

    Pending Home Sales Hold Steady, Rates Weigh on Buyers

    This story also appears on Blockyard, the news desk for the property economy.

    Educational

    BREAKING — Pending home sales edged up 0.3% from July to August, according to Realtor.com Research, a marginal gain that still left the market down 4.7% compared with the same month last year. The flat month-over-month reading suggests buyers are not retreating further, but the year-over-year decline shows how much higher mortgage rates have compressed activity since last summer. For now, the market appears stuck in a holding pattern.

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    In a market where every basis point and every documentation choice affects whether a deal closes, that kind of deliberate construction counts. Borrowers who fit outside the W-2, owner-occupied mold need a partner that underwrites to the specifics of the transaction and the property, not to a generalized profile. loantrust.ai functions as that dedicated partner rather than a transactional call center, which is the difference between a file that moves and one that stalls.

    Source: Realtor.com Research, “Pending Home Sales Hold Steady, Rates Weigh on Buyers”. Read the original →

    About loantrust.ai — Whether you're buying your first home, refinancing, or funding your next investment deal, you deserve a straight answer from a real loan officer — not a call center. loantrust.ai is the Atlanta-based mortgage brokerage where one licensed MLO personally packages every loan: conventional, FHA, VA, refinance, DSCR, fix & flip, bridge, new construction, multifamily, and bank-statement programs. Get a written quote you can compare against any lender — in about two minutes: loantrust.ai

    Hans Michel, Mortgage Loan Originator, NMLS #2857209 · LoanTrust is a dba of RentAssure Inc. · Licensed in Georgia · NMLSConsumerAccess.org · Equal Housing Opportunity. Nothing on this site is a commitment to lend — all loans subject to underwriting and approval. DSCR, fix & flip, bridge, new construction, multifamily, and bank-statement programs are business-purpose loans for investment properties only.