by mdibrino@hqmloans.com | Nov 18, 2022 | Uncategorized
Read more: Mortgage rates dip below 7% for first time in months The average loan size also decreased to $400,616 – an 8% decrease from its peak in April this year, Kan observed, and a 1.51% dip from $406,767 the previous month. The MBA attributed the latest...
by mdibrino@hqmloans.com | Nov 18, 2022 | Uncategorized
“[This] is evidenced by this week’s survey from the National Association of Home Builders (NAHB) showing yet another decline in homebuilder confidence and the lowest foot traffic of prospective buyers since 2012, when excluding the initial COVID shock,” said Duncan....
by mdibrino@hqmloans.com | Nov 18, 2022 | Uncategorized
“Homeowners are following their home’s equity more closely as prices fluctuate, and the growing HELOC space is a testament to that,” said Adam Boyd, head of home equity lending at Citizens. “We are fully committed to the HELOC space as demonstrated by our leading...
by mdibrino@hqmloans.com | Nov 17, 2022 | Uncategorized
Wemimo’s initial path was similarly rocky after his family took out a 400% payday loan when they first emigrated from Nigeria, Goel noted. “And so, inspired by our shared experiences, we founded Esusu with this core premise that no matter where you come from, the...
by mdibrino@hqmloans.com | Nov 17, 2022 | Uncategorized
It was a heady time to start working in the industry, just as the subprime mortgage meltdown began to crumble – threatening the entire American economy in the process. “That’s kind of when I got in, around the ’07, ’08 timeline. Which was great, because I never wrote...