Quality Real Estate Appraisals. Excellent Service.For years, mortgage lenders and consumers, as well as other real estate professionals, have depended on our expertise to provide high-quality value estimates on all sorts of homes in Grand Traverse, Benzie and Leelanau Counties. By continuously keeping up with local real estate trends and staying current on valuation techniques through accredited courses, we've been consistently able to generate reliable home valuations for people just like you. Leading appraisal experts for:
North Wing AppraisalAppraiserTechnology plays a prominent part in how North Wing Appraisal does business. It helps keep costs down while maintaining superb quality and responsive service. We also believe that regardless of the business, service is the top reason a client comes, goes, repeats or gives your number to others. We keep this in mind whether you're talking to us on the phone, in e-mail or talking in person. Our goal is simply an unsurpassed experience for our clients. Call North Wing Appraisal today. We guarantee you'll see the difference, too. Contact Us |
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| Best Closing Levels in More Than a Month | ||
| 6/23/2025 3:18 PM | ||
| Best Closing Levels in More Than a Month Don"t look now, but rates just inched their way down to the best levels since the first week of May. It"s probably NOT fair to credit geopolitical developments for the bond market improvement. While those developments arguably had an impact at times durin...Read More | ||
| Mortgage Rates Lowest Since May 1st | ||
| 6/23/2025 2:12 PM | ||
| Mortgage rates ended the previous week roughly in line with the best levels since May 1st. Today"s modest improvement made it official. Mortgage rates are primarily a function of trading levels in the bond market and bonds have had a few reasons to move at the start of the new week. There"s a small case to be made that U.S. involvemen...Read More | ||
| HELOCs and 2nds, Doc Tracking, Execution, POS, Webinars and Training; Rates Steady Despite Iran Conflict | ||
| 6/23/2025 10:55 AM | ||
| For many, business is slow out there, and the industry waits for the House vote on the abusive trigger lead bill. Depository banks continue to focus on residential lending in their own footprint while scaling back distant originations, and IMBs continue to look at staffing with a critical eye. A safe prediction is that this will continue, although ...Read More | ||
| Bonds Don"t Always React to "War" Like You"d Expect | ||
| 6/23/2025 10:23 AM | ||
| A vast majority of long-time bond watchers share the same general understanding of how war impacts rates. Specifically, the increased global economic uncertainty drives safe-haven demand for US Treasuries, thus helping rates. While this CAN be true, it"s not a hard and fast rule. Consider the Russia/Ukraine example in which an initial drop in rates...Read More | ||
| Underwhelming (But Friendly) Conclusion | ||
| 6/20/2025 4:00 PM | ||
| Underwhelming (But Friendly) Conclusion The present week didn"t manage to offer nearly as much excitement as the previous few examples, but that"s not necessarily a bad thing considering yields/rates are near the lower boundary of their recent ranges. Today looked like it may have been a higher rate d...Read More | ||
| Housing Starts Slide in May, But Single-Family Holds Steady | ||
| 6/20/2025 1:08 PM | ||
| The latest Residential Construction report from the Census Bureau showed a noticeable drop in overall housing starts in May, though single-family activity managed a small gain. Building permits also declined, continuing a trend of slight cooling in new construction momentum. As usual, the market focuses most on building permits and housing star...Read More | ||
| Mortgage Applications Slip Despite Lower Rates | ||
| 6/20/2025 12:32 PM | ||
| Mortgage application activity declined modestly last week despite a drop in rates, according to the Mortgage Bankers Association’s (MBA) latest survey. The Composite Index fell 2.6% on a seasonally adjusted basis for the week ending June 13, with both purchase and refinance activity posting week-over-week declines. “Even with lower average mortgag...Read More | ||
| Homebuilder Sentiment Just a Bit Gloomier | ||
| 6/20/2025 12:23 PM | ||
| Builder sentiment declined for the second straight month according to the National Association of Homebuilders (NAHB) and Wells Fargo"s latest Housing Market Index (HMI). The headline index dropped two points to 32 in June, marking another step down toward the post-pandemic lows seen in 2023. All three components of the index moved lower: C...Read More | ||
| Mortgage Rates Hold Steady | ||
| 6/20/2025 12:07 PM | ||
| With Thursday being a federal holiday, banks (and more importantly, the underlying market for mortgage related bonds) were closed. This means that lenders were not able to update mortgage rates. It turns out that it wouldn"t have mattered either way as the average lender has barely budged from Wednesday"s levels. But let"s not mi...Read More | ||
| Digital HELOC, Appraisal Review Products; Background AI; Hurricane Season is Here; Rates Holding Steady | ||
| 6/20/2025 10:42 AM | ||
| Happy Summer Solstice, and happy 50th birthday to the movie Jaws. Back then, for security, all we had to remember was where we hid our house key, or the combo to the lock on our school locker. Now, our dozens of logins and passwords are regularly either forgotten or stolen, the latest being 16 billion credentials stolen, announced this week. In oth...Read More | ||
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