By NICOLE MURRAY “Marry the house, date the rate” seemed like a reasonable homebuying strategy when economists were predicting mortgage rates would drop in 2024 and beyond. But now, looking into 2025, it seems like higher rates are here to stay. The economic research team at Realtor.com says mortgage rates will average 6.3% across 2025…
By NICOLE MURRAY The holiday season is upon us, but that does not mean the world of real estate comes to a standstill. “There is still activity and people will always need to move,” said Jules Zaphire, a real estate professional at The Pantiga Group. “From my experience, the week between Christmas and New Years…
By KIMBERLEY HAAS With the holidays here, industry leaders are sharing what they are grateful for. NewDay USA is one of the nation’s leading VA mortgage lenders. CEO Rob Posner said helping veterans and their families inspires him. He is grateful for his team. “I’m grateful for our team’s dedication to helping over 100,000 Veteran…
By KIMBERLEY HAAS As refinances start to pick back up, lenders are preparing for the influx, and leaders at support service providers say they have solutions that can help with upticks in refinance volume. Ed Austin, chief operating officer at SingleSource Property Solutions, recently discussed his thoughts on the matter with The Mortgage Note. His company…
By KIMBERLEY HAAS Female mortgage professionals are breaking barriers and making strides. As Women’s History Month is celebrated this March, The Mortgage Note asked leaders in the industry and related fields to share their advice with others. Here’s what they said: Be kind. “Always be kind. This is a small pond. You never know who you…
As technology improves, the concept of valuation modernization is gaining traction and some industry leaders say in a few years in-person appraisals could be a novelty instead of the norm. Last month, leaders at Fannie Mae announced an update to their selling guide which includes newly available valuation options. They said valuation modernization helps lenders,…
By KIMBERLEY HAAS Leaders in the industry are committed to giving back during the holiday season and throughout the year. It was announced earlier this month that Down Payment Resource in Atlanta, Ga., will help a family in Memphis, Tenn., attain their homeownership dreams by donating $10,000 to the Homeownership Council of America’s Equity Down Payment Assistance…
End of content
End of content
Before You Go, Get the Latest News and UPDATES!
Stay Tuned!