New buyers who are afraid of missing the boat on low interest rates and home ownership are fueling a fire that is burning bright for lenders
Pending homes sales lower in June… Refinance applications higher last week… Breaking Bad home for sale…
It’s becoming easier for Americans to secure a mortgage with mortgage credit loosening after years of post-recession tightening.
Sales of single-family homes and condos have hit their highest level in nearly a decade, while distressed sales and sales to institutional investors have reached multi-year lows.
Rising home prices are pushing some borrowers out of the homes of their dreams – but one firm is offering a solution to make those dreams come true.
With competition between small lenders and the big banks ramping up, it’s important for originators to brush up on their knowledge of the industry’s largest upcoming buying cohort: Millenials.