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Top related persons:
homebuilder Taylor Morrison - 3 Taylor Morrison - 3 Tawn Kelley - 3 — - 2 Freddie Mac - 2 Kelley - 2 Taylor - 1 Erik Heuser - 1
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Florida , Texas North Carolina Georgia Arizona Washington Nevada balk homebuying
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Finance - 3 Service - 2 National Association of Realtors - 2 Mortgage - 1 Census - 1

Search resuls for: "Tawn Kelley"


3 mentions found


☆ Homebuyers struggling to score a house right now have a glimmer of hope
  + stars: | 2023-11-14 | by ( Josée Rose | Zoe Rosenberg | ) www.businessinsider.com   time to read: +4 min
Taylor Morrison's COO said builders can often offer homebuyers better rates on a newly built house. High mortgage rates, home prices teetering near an all-time high, and historically low inventory are keeping many buyers — and sellers — on the sidelines. The larger share of new homes on the market means paying a mortgage rate around 7% isn't the only way into a home. During its third-quarter earnings call , Taylor Morrison explained that it's attracting "well-qualified consumers even among our first-time homebuyers" and 88% of its buyers are using its financing assistance. As Business Insider previously reported, would-be buyers may have more luck securing a lower rate if they buy a new-construction home.
Persons: Taylor, Erik Heuser, Heuser, —, homebuilder Taylor Morrison, Taylor Morrison, Freddie Mac, Tawn Kelley, It's, they're Organizations: Service, Finance Locations: Florida , Texas, North Carolina, Georgia, Arizona, Washington, Nevada
☆ Yes, it's possible to get a 4.8% mortgage today — here's how
  + stars: | 2023-11-04 | by ( Alcynna Lloyd | ) www.businessinsider.com   time to read: +3 min
A top homebuilder executive shared advice for getting a lower mortgage rate right now. Taylor Morrison's Tawn Kelley suggested borrowing directly from a builder's mortgage arm. AdvertisementAdvertisementHigh mortgage rates have deterred many would-be homebuyers from purchasing a property over the last year. But here may be a glimmer of hope: People may have more luck securing a lower mortgage rate if they buy a new-construction home. Builder incentives include rate buydowns, mortgage rate locks, and forward commitments​​.
Persons: Taylor Morrison's Tawn Kelley, Kelley, —, Tawn Kelley, homebuilder Taylor Morrison, Insider's Alex Nicoll, Freddie Mac, Taylor Morrison, ​ ​ Organizations: Service, National Association of Realtors, Mortgage, Finance Locations: balk
☆ A top homebuilder executive breaks down the secrets to getting a 4.8% mortgage in an era of 8% rates
  + stars: | 2023-10-30 | by ( Alex Nicoll | Read More | Read Less | ) www.businessinsider.com   time to read: +8 min
Rising interest rates have slammed the breaks on America's housing market, with home sales down 15.4% year-over-year in September, according to the National Association of Realtors. By controlling the financing, they can offer yesterday's mortgage rates, saving customers tens of thousands of dollars and moving inventory in the process. Tawn Kelley, president of financial services at homebuilder Taylor Morrison, told Insider that financing is an essential part of the home-selling puzzle. Then, there are forward commitments, another way to prepay interest rates that allows a homebuilder to pay down more of it. There are also float downs, which allow purchasers who lock in a mortgage price to reduce their interest rates if mortgage rates get smaller over the course of their mortgage lock.
Persons: Tawn Kelley, homebuilder Taylor Morrison, Kelley, Taylor Morrison, Devyn Bachman, John Burns, Taylor Morrison's, it's, they've, homebuyers, Kurt Carlton Organizations: National Association of Realtors, Census, Finance Locations: homebuying, homebuilding
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