by mdibrino@hqmloans.com | May 24, 2023 | Uncategorized
For a young man in his early 20s, he recalled the money was pretty good: “It worked for me as a single young guy where I was able to make more money than I’d made in any prior jobs and be able to learn some things as I went along.” The novelty begins to wear off But...
by mdibrino@hqmloans.com | May 24, 2023 | Uncategorized
Both refinance, and purchase applications decreased 5% week over week. The refinance share of mortgage activity stayed unchanged at 27.4% of total applications. “Since rates have been so volatile and for-sale inventory still scarce, we have yet to see sustained growth...
by mdibrino@hqmloans.com | May 24, 2023 | Uncategorized
“Over the last year, we’ve consistently rolled out innovations to ensure our digital tools are improving speed and efficiency, reducing risk and, ultimately, helping us serve our mission by reaching more qualified borrowers,” said Kevin Kauffman, single-family vice...
by mdibrino@hqmloans.com | May 24, 2023 | Uncategorized
Union Home Mortgage (UHM) has announced that Matt Roberts (pictured) will move into the role of regional manager to spearhead new growth in the Pacific Northwest region. In his new position, Roberts will oversee sales growth across the West Coast, including Alaska,...
by mdibrino@hqmloans.com | May 24, 2023 | Uncategorized
Serious delinquency rates (90+ days past due) continued to improve nationally, with the number of such loans decreasing in 45 states (90%) and Washington, D.C. Foreclosure starts plunged 23% to 25,000 for the month, the lowest level since September 2022 and 45% below...
by mdibrino@hqmloans.com | May 23, 2023 | Uncategorized
This then triggers additional activity: “Once you’re in your new home, the next step is going to be to sell your old one – which will have to happen within six months,” Richardson said. “It’s at that point you’ll pay off your old mortgage and the bridge loan.” Bridge...
