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Hidden Fees, Higher Rates: The Real Cost of Mortgage Industry Turnover The mortgage industry is known for its high turnover rate among loan officers. Many loan officers hop between companies, chasing higher commissions, bonuses, or other perks. While this may…
Who’s Buying Homes in 2024? A Look at Demographics and Trends The 2024 Profile of Home Buyers and Sellers by the National Association of Realtors (NAR) sheds light on significant shifts within the real estate landscape. With data spanning July…
Discover the top reasons behind today’s home purchases, and how they affect the market. The decision to buy a home is driven by many factors, and for potential homebuyers, these motivations vary based on personal circumstances, lifestyle changes, and financial…
Why Home Values Are Still Rising, Even If Median Prices Aren’t Recent headlines have been buzzing with news about the median asking price of homes dropping compared to last year, which has sparked some confusion for both buyers and sellers.…
In a significant shift for the housing market, mortgage rates have dropped to their lowest level in more than a year. This drop, reported on August 2, 2024, by Mortgage News Daily, follows a weaker-than-expected employment report that has sent…
As a homeowner or prospective buyer, staying informed about mortgage interest rates can be crucial for making sound financial decisions. This August, there are several factors in play that could potentially lead to a decrease in mortgage rates. Understanding these…
The CoreLogic June 2024 Home Price Insights report provides an in-depth analysis of the current state and future projections of the U.S. housing market. According to the report, national home prices, including distressed sales, increased by 5.3% year-over-year in April…
Understanding the Current Landscape As of April 2024, the U.S. housing market is undergoing significant changes, with both mortgage rates and home prices experiencing simultaneous rises. This situation has been influenced by several economic factors, including inflation rates and monetary…
A Glimpse into the Spring Housing Market Innovative Mortgage Brokers is thrilled to share that our very own CEO, Yury Shraybman, was recently featured in Mortgage Professional America (MPA). MPA is a leading source for news, opinion and analysis on…
For those contemplating whether to rent or buy a home, one crucial data point can significantly influence this decision. A recent report by the Federal Reserve Board reveals a striking disparity in net worth between homeowners and renters - a…
