The Q4 2023 saw household debt surge to a staggering $17.5 trillion.
Discover the latest updates in the mortgage industry as mortgage balances increase by $112 billion, reaching $12.25 trillion by December's end. Find out more here.
Rocket Homes Real Estate search app now accessible to Apple Vision Pro buyers.
Rocket Homes introduces its Apple Vision Pro app, enabling private lenders to seamlessly explore properties via an innovative blend of physical and virtual experiences. Discover this cutting-edge solution now.
Wire fraud mitigation efforts prioritize consumer education.
Discover the crucial role of consumer education in combating wire fraud and protecting private lenders from real estate fraud risks.
Temporary Court Order Blocks Florida Law Restricting Chinese Citizens from Owning Property
"Learn about the recent U.S. appeals court decision halting enforcement of a Florida law prohibiting Chinese citizens from buying property in the state."
Homebuilders’ Concerns: Persisting Anxiety over Increasing Borrowing Costs
Expert analysis of factors impacting homebuilders in 2023: high interest rates, rising inflation, growing labor costs, and worker shortages. Valuable insights for private lenders.
Are rising mortgage rates already deterring homebuyers, according to Altos?
As a mortgage industry expert, I provide timely industry news summaries. Explore why mortgage rates are rising due to strong economic growth.
Freddie Mac introduces $2,500 credit for Home Possible and HFA Advantage mortgage products.
Freddie Mac introduces $2,500 credit to assist very low-income borrowers with home purchase expenses amidst tough market conditions. Ideal for private lenders.
Impact of Mortgage Rates on Seasonal Inventory
"Stay informed on the current state of mortgage rates as they continue to fluctuate following notable events. Gain insights for private lenders."
Federal Reserve Chair Powell discusses rate cuts on 60 Minutes, signaling no change in stance.
As a mortgage industry expert, I provide insightful news summaries without using specific terms, focusing on recent opinions. Powell suggests the Fed should wait for further labor damage before adjusting the Federal Funds Rate or adopting a neutral policy stance. Ideal for private lenders.
Providing Exceptional Real Estate Service to Real Estate Agents at Scale
As a mortgage industry expert, discover keys to success for private lenders: core competencies, top-notch marketing, clear standards, excellence, streamlined systems, and customer interactions. Create raving fans with thoughtful, caring, and creative touchpoints.