It’s a good time to be in the mortgage business, with shockingly low interest rates, record home equity, and thriving – if not spectacular – real estate markets nationwide. However, we all know that these halcyon days won’t last forever.
In fact, with about 300,000 mortgage lenders (between banks, brokers, and LOs) in the U.S. all fighting for the same shrinking ... Continue Reading →
Interest rates are a part of our daily lives, even if we don’t always think of them. Whether you have a mortgage, student loans, or pay on a car loan or credit cards, the interest rates we pay dictate how big of a check we’re writing. But the impact of interest doesn’t stop there; when we open a bank account or make an investment, we hope that it pays a high interest rate so we can make more money. Interest ... Continue Reading →