by mdibrino@hqmloans.com | Oct 31, 2022 | Uncategorized
“Adjustable-rate mortgages (ARMS) aren’t for everybody, but there are sweet spots in ARM pricing right now, where you can advertise initial rates ranging from 6.125% to 6.375%. We also rolled out a temporary interest rate buydown program with multiple options,...
by mdibrino@hqmloans.com | Oct 31, 2022 | Uncategorized
Freedom Mortgage has tapped 27-year industry veteran Mike Mell (pictured) to lead its wholesale division as senior vice president. Mell, previously SVP of sales at Freedom, will oversee the company’s national sales team that includes regional sales managers and...
by mdibrino@hqmloans.com | Oct 31, 2022 | Uncategorized
Yun added that new home listings declined annually since many homeowners are unwilling to give up the ultra-low, 3% mortgage rates they locked in prior to this year. “The new normal for mortgage rates could be around 7% for a while,” Yun said. “On a $300,000 loan,...
by mdibrino@hqmloans.com | Oct 31, 2022 | Uncategorized
Movement Mortgage names new chief information officer | Mortgage Professional Industry Moves The company continues to bolster its C-suite with top talents 31 Oct 2022 Movement Mortgage has announced the addition of Lyra Waggoner (pictured) to its leadership team as...
by mdibrino@hqmloans.com | Oct 31, 2022 | Uncategorized
By contrast, Generation Xers (born between 1965 and 1979) were more concerned with location, design features, and size, and purchased the most expensive single-family houses at a median price of $320,000, according to the report. Gen Zers were also the most likely to...