Dan Divine, CrossCountry Mortgage

5.0 star review received on Experience.com for Dan Divine by Tami L - Thank you Dan. Hope to work with you again! Very communicative, stayed on schedule, and pleasant. Thanks!

New ★★★★★ 5 Star Experience.com Review by Tami L Click to see all 81 reviews of Dan Divine at CrossCountry Mortgage | NMLS #286863, Mortgage Consultant | NMLS #286863

5.0 star review received on Experience.com for Dan Divine by Sara G - Dan is a true professional. He kept me informed throughout the transaction and is very proactive during the transaction

New ★★★★★ 5 Star Experience.com Review by Sara G Click to see all 78 reviews of Dan Divine at CrossCountry Mortgage | NMLS #286863, Mortgage Consultant | NMLS #286863

5.0 star review received on Experience.com for Dan Divine by Dona M - Answered questions clearly and relatively quickly.
Was prepared with answers at closing.
Was sometimes a little difficult to reach,but
always returned calls.

New ★★★★★ 5 Star Experience.com Review by Dona M Click to see all 77 reviews of Dan Divine at CrossCountry Mortgage | NMLS #286863, Mortgage Consultant | NMLS #286863

5.0 star review received on Experience.com for Dan Divine by Peter M - Great communicator, kept in touch, always responded in a timely fashion, explained everything. Made the whole experience a pleasure.

New ★★★★★ 5 Star Experience.com Review by Peter M Click to see all 76 reviews of Dan Divine at CrossCountry Mortgage | NMLS #286863, Mortgage Consultant | NMLS #286863

5.0 star review received on Experience.com for Dan Divine by Mindy C - Dan is very professional and easy to work with and a great friend. Gives updates on the loan process every step of the way. Highly recommend.

New ★★★★★ 5 Star Experience.com Review by Mindy C Click to see all 13 reviews of Dan Divine at CrossCountry Mortgage | NMLS #286863, Mortgage Consultant | NMLS #286863

Happy St. Patrick's Day! Today, as you celebrate with family and friends, take a moment to reflect on the special place that you call home. Your home is where you've made countless memories, shared countless laughs, and created countless moments that you will cherish forever. On this day, let the warmth and comfort of your home surround you, and may the luck of the Irish always shine upon it. Sláinte!

By Nicole Goodkind, CNN Business
Updated 10:55 AM EDT, Mon October 17, 2022

This isn’t 2008: Market conditions are very different than they were in 2008. Analysts are telling homebuyers and investors not to panic. And housing inventory remains low, which prevents a crash in price as demand tempers.

“There was a housing shortage of around 5 million homes before the onset of the pandemic. That shortage is not going away soon,” said Lawrence Yun, chief economist with the National Association of Realtors trade group, in a report last month.

Homeowners locked into 30-year low-rate mortgages are also reluctant to sell their homes and switch to higher rates.

JPMorgan Chase CFO Jeremy Barnum said in response to a question from CNN Business Friday that he is “not expecting a big crash” in housing along the lines of what happened during the Great Recession of the late 2000s.

Home prices have soared over the last decade, leaving homeowners with a nice cushion to lean on, said Barnum.

Barnum also noted that lending standards have tightened in the past 14 years. The 2008 crisis was exacerbated by very loose oversight of the mortgage market.

Employment and wage growth remains healthy, meaning homeowners can afford their mortgages and aren’t being forced to sell their homes like they were in the great recession of 2008.

What’s next: Investors will next look to housing starts data next week as an indicator of where the housing market is headed.