Report Indicates First Decline in Typical Down Payment Levels in Two Years
Down payment levels are declining as more buyers opt for FHA and VA loans, indicating a shift in financing trends. Explore the implications for lenders.
Down payment levels are declining as more buyers opt for FHA and VA loans, indicating a shift in financing trends. Explore the implications for lenders.
M2B Mortgage aims to enhance lending by offering a more personalized and efficient experience, appealing to private lenders seeking innovative partnerships.
Home prices increased 1.4% year over year; however, the deceleration in growth is leading to decreased down payment amounts for buyers.
Home sellers may save up to $10,000 in broker fees by opting for a discount or flat-fee broker, as highlighted by findings from the Consumer Policy Center.
CEO Damian Eales voiced support for NAR’s CCP while noting that his firm's agreements with MLSs restrict the possibility of banning listings.
Understanding the impact of housing inventory on home prices is essential for private lenders, aiding buyers and sellers in making informed decisions.
Dan Ventura of Fairway and Chris Mayer of Longbridge discuss strategies for effectively servicing the growing senior demographic in the mortgage industry.
Navigate the NMLS license renewal process effortlessly. This guide outlines essential steps, state-specific continuing education requirements, and deadlines for MLOs.
This week in mortgage news: industry concerns over "AI fear," Zillow Rentals' introduction of conversational AI, and Optimal Blue's new refinance tool launch.
Housing demand remains resilient amid high mortgage rates, trade tensions, and low consumer confidence, presenting opportunities for private lenders in the market.