Mortgage
How Dual-Licensing in Real Estate and Mortgage Services Can Boost Agents’ Earnings by Almost 50%
When building an e-commerce shop, you don’t waste time creating payment rails—you turn to Shopify, which has already built that infrastructure. This allows you to focus on what makes your brand unique. Realfinity is bringing this same approach to real estate professionals, providing the infrastructure for agents looking to seamlessly offer mortgage services. Embedded finance:… […]
Instant Reaction: Mortgage Rates, September 5, 2024
The average 30-year fixed mortgage rate from Freddie Mac remained unchanged at 6.35% this week from last week. www.nar.realtor – Research
4 Mortgage Refinancing Errors Your Longtime Clients Must Avoid
Maintaining client relationships means hopefully selling them another house in the future, and representing them as the seller agent as well. As such, it’s imperative you guide them in all aspects of homeownership even in times when they are not buying or selling. One key topic is refinancing. Here are four mortgage refinancing mistakes to… […]
Understanding the Home Mortgage Payoff Process: A Complete Guide
Paying off a mortgage is a momentous financial achievement. It can happen during the process of selling a home or before. During a sale, homeowners often ask me when they should stop paying a mortgage. My guide will walk you through the entire process, from understanding your mortgage terms to updating your records. I will… […]
Instant Reaction: Mortgage Rates, August 29, 2024
The average 30-year fixed mortgage rate from Freddie Mac dropped to 6.35% this week from 6.46% last week. www.nar.realtor – Research
Mortgage Mix: Fed Rate Cut Closes in; CFPB Fines New Day Financial
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. – A Federal Reserve interest rate cut is looking more and more imminent with this month’s Personal Consumption Expenditures (PCE) price index data. The PCE index increased 0.2% from the previous month, and core-inflation rose… […]
Mortgage Mix: Rates Dip Sharply; Major Lender Prepping for Refinance Boom
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. Per the latest survey by Freddie Mac, mortgage rates experienced a noticeable drop during the first week of August 2024–the lowest rate in over a year, in fact. The 30-year mortgage rate is 6.47%, down… […]
Instant Reaction: Mortgage Rates, July 25, 2024
The 30-year fixed mortgage rate from Freddie Mac was nearly unchanged at 6.78% this week vs 6.77% last week. www.nar.realtor – Research
Instant Reaction: Mortgage Rates, July 03, 2024
The 30-year fixed mortgage rate from Freddie Mac increased to 6.95% over the last week from 6.86%. www.nar.realtor – Research
Mortgage Mix: FHA Requiring ‘Cyber Incident’ Reports; Homeowner Equity Hits New Record
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. -Leadership at Fannie Mae is highlighting the use of AI as a possible way to “get out of repurchases altogether,” according to National Mortgage News. At a Mortgage Bankers Association (MBA) conference last week, executives… […]