Increase in Rate Lock Volume Leading into Spring Homebuying Season
In February, private lenders saw a spike in purchase locks due to seasonal trends, but faced declines in refinances due to higher interest rates.
In February, private lenders saw a spike in purchase locks due to seasonal trends, but faced declines in refinances due to higher interest rates.
Discover the importance of networking in the mortgage industry. Build connections to foster growth and uncover new opportunities as a private lender.
Stay informed on the latest developments in the mortgage industry with insights on new programs being announced during key national events.
Home Matters USA, labeled a "mortgage relief scam" by regulators, faced severe penalties, including business bans and hefty fines, impacting private lenders. Stay informed on this critical issue.
Discover how down payment assistance programs can help private lenders meet the increasing demands of homebuyer affordability without compromising profitability. Find out more now.
"Discover the latest survey findings revealing that only 52% of homeowners comprehend the workings of mortgage escrow accounts, an area of interest for private lenders."
"The CEO believes it's the right time for expansion as Christopher Todd Communities plans to open three new regional offices."
Investors purchased 26% of affordable homes during Q4 2023, with single-family homes accounting for 68.6% of their investments. Read more.
As a mortgage industry expert, I write summaries on industry news. Check out Freddie Mac CEO's financial results showcasing mission accomplishments and notable net worth growth.
In-depth interview with Guild Mortgage CEO Terry Schmidt revealing exclusive details on the acquisition of Academy Mortgage Corp. Valuable insights for private lenders.