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While Markets Struggle, Mortgage Refinancing Surges

While Markets Struggle, Mortgage Refinancing Surge…

Volume was up 5% over the previous week thanks to ...

National Home Prices Rise Unexpectedly: What it Means for Banks

National Home Prices Rise Unexpectedly: What it Me…

Overall National Home Price Index rose over 3% in ...

Freddie Mac and Fannie Mae Have Two Reasons to Celebrate

Freddie Mac and Fannie Mae Have Two Reasons to Cel…

Fannie jumped 26% to $3.42 late Monday morning, Fr...

While Markets Struggle, Mortgage Refinancing Surges

While Markets Struggle, Mortgage Refinancing Surge…

Volume was up 5% over the previous week thanks to ...

Fintech Small Business Loan Company Biz2credit to Provide Financing Options for Hotels

Fintech Small Business Loan Company Biz2credit to …

OYO has partnered with  Biz2Credit to provide...

Freddie Mac and Fannie Mae Have Two Reasons to Celebrate

Freddie Mac and Fannie Mae Have Two Reasons to Cel…

Fannie jumped 26% to $3.42 late Monday morning, Fr...

Volume was up 5% over the previous week thanks to long term interest rates falling again
Overall National Home Price Index rose over 3% in July
Fannie jumped 26% to $3.42 late Monday morning, Freddie Mac rose 25% to $3.22
An uncertain economy with no sense of urgency to lock in on a low rate leaves little incentive to move quickly
Even if people do not have banking history, they do have an online footprint
Moderate Income earners are likely priced out of the market, particularly in major cities
While almost 100% of analysts were predicting at least one rate cut, the June jobs report changed the equation
“That would be like pressing on the gas and the brakes at the same time.”
Not every bank customer is prepared to take advantage of the situation if the rates go lower
Executives expect significant U.S. Real Estate Investments coming in from China, Canada and even Mexico
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