Members Appraisal Management News
Mortgage Lock-In Effect: How Low Rates Can Impact the Housing Market
In recent years, many homeowners have found themselves in a unique financial situation: they are benefiting from historically low mortgage rates secured in previous years, while current market rates have risen significantly. This phenomenon, known as the "mortgage...
Tips for Preparing Your Home for an Appraisal Inspection
1. Appraisal Inspection Overview Preparing your home for an appraisal inspection is a crucial step in the refinance or selling process. The appraisal inspection is an essential part of determining the value of your home, and it's important to present your home in the...
Current Rates, Market Conditions and Projections for the Future
Introduction: Mortgage rates, influenced by various economic factors, play a significant role in determining the affordability and accessibility of homeownership. In this blog, we will delve into the reasons why last year we saw mortgage rates rise to levels not seen...
Members Appraisal Management Sets Foot in Wyoming
At Members Appraisal Management, we are delighted to announce that we have expanded our operations into the beautiful state of Wyoming. This strategic move is a testament to our commitment to offering exemplary appraisal management services to clients across the Rocky...
What is A General Purpose Appraisal Report?
Why General-Purpose Forms Are Important The difference between an appraiser using a General-Purpose Appraisal Form Vs. the standard form used in the Lending industry can be drastic. Court cases and money can be lost. Read on to find out why/how. Reasons To Use a...
Why Choosing the Right Appraisal Management Company is Important!
Having the right Appraisal Management Company can be a valuable asset for lenders. Here are 8 reasons that explain "Why Choosing a Good Appraisal Management Company is Important!" Why Is it Important to choose a Quality AMC? 1. Good AMC's help ensure quality...
What is the new ACE+PDR Refinance Product?
What is ACE+PDR? What are the brand new ACE + PDR loans when refinancing your home? With the advance in technology, Freddie Mac has developed an entirely new form. This new appraisal type went into effect on July 17th, 2022. One great feature is that you will not...
5 Brilliant AMC Tips For Real Estate Lenders In Colorado
Although lenders aren't required to use an appraisal management company, it is becoming increasingly common for them to do so. Appraisal management companies can save a lender time, money, and alleviate compliance responsibilities while protecting the bank's...
Mortgage Rates Trends in 2021
Mortgage Rate Trends in 2021 Mortgage rates were at an all-time low during the first few months of this year. However, by April they were back up to 3.18%. Throughout the year there has been a fluctuation as rates have recently dropped back down to 2.78% at the...
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