During the New Year, many people reflect on the past 12 months and set intentions for those that lie ahead. While you likely have New Year resolutions for your personal life, it’s equally important to create some for your mortgage lending business. Revamping your origination process for 2024 can set you up to enjoy lower costs, shorter origination times, and … Read More
This year’s mortgage market has been defined by record-high interest rates and hesitant homebuyers. In light of these challenging market conditions, many mortgage professionals are eager for a change in 2024. So, what does 2024 have in store for the mortgage and real estate markets? In this article, we’ll summarize some predictions for this coming year’s interest rates, housing inventory, … Read More
2023 was characterized by high housing prices and even higher interest rates. Unfortunately, these market conditions made homeownership feel out of reach for many would-be borrowers. As a result, most mortgage lenders had to get creative to maintain their profitability. Now that 2023 is coming to a close, you may be looking back on the year in search of key … Read More
When you decide to buy a home, you may peruse property listings online and even schedule a few showings. After all, these are the exciting parts of the home-buying process. But before you get your heart set on your dream home, it’s important to evaluate your mortgage eligibility first. Mortgage lenders consider many eligibility factors during the underwriting process. One … Read More
A home’s purchase price isn’t the only factor that impacts its cost. The total cost of a home purchase is largely influenced by its mortgage rate. Securing a low mortgage rate can potentially save you tens of thousands of dollars over the lifetime of your loan. Since your mortgage rate is so important, you may be wondering how to get … Read More
With the holiday season fast approaching, you may be planning your gift list, pulling out decorations, and preparing for the festivities. If you’re like 50% of consumers, you may have even started your holiday shopping. Amid all the excitement, it’s easy to lose sight of something important: your credit score. Fortunately, you can improve your credit score while you enjoy … Read More
