
UAD 3.6 Appraisal Review: Prioritizing Higher-Risk Files
UAD 3.6 brings more structured appraisal information to the mortgage industry. The next opportunity is using that information to determine which files warrant deeper review.

UAD 3.6 brings more structured appraisal information to the mortgage industry. The next opportunity is using that information to determine which files warrant deeper review.

Mortgage rates have climbed to 7.40%, inflation has accelerated to 3.7%, and hiring has slowed to just 29,000 jobs. Meanwhile, existing home sales remain below 4 million annually despite improving inventory. The problem is no longer simply a shortage of homes. It is the widening gap between what buyers can afford and what sellers are prepared to accept.

Why are home sellers offering thousands of dollars in incentives instead of simply lowering their asking prices? Discover how closing-cost credits and mortgage-rate buydowns are reshaping negotiations, and why home prices may be weakening more than the numbers suggest.