Mortgage Trend

Movement Mortgage, a national top 10 retail mortgage lender, is excited to announce the addition of John Farley and his team to our Ohio market. Farley is a Scotsman Guide Top 1% loan originator for 2019 in units and volume. He has consistently performed in the top 1% of originators …

Remember the good old days when new home buyers were out in full force, taking advantage of the nice weather and even nicer mortgage rates? It seems like just months ago…and it was. Then COVID happened, and things paused for a short while.  However, as mortgage lenders and real estate …

As states begin to reopen, home purchases are slowly beginning to regain steam. The latest data from the Mortgage Bankers Association shows that home purchases, while down compared to last year at this time, are up 11% week-over-week. Mortgage lenders, like Movement, are relying heavily on technological enhancements to allow …

Credit scores are a pivotal part of the home-buying process. Not only does your credit score determine if you qualify for a loan, but it also determines your mortgage terms, most importantly, your interest rate.  First-time homebuyers often jump into the process of looking to buy a home without really …

Whether you’re looking to remodel your home, consolidate your debt or pay an unforeseen expense — it’s only natural to consider tapping into your greatest source of wealth: The equity you’ve already invested in your home. For many, it’s a much safer option to get the cash you need than …

The unemployment rate in the United States is at its lowest level since World War II. According to the Bureau of Labor Statistics’ jobs report out Friday morning, the unemployment rate skyrocketed to 14.7% with 20.5 million jobs lost in April. That last time we had double-digit unemployment was 1982 …

Over the past month, we’ve all become accustomed to the new phrase “social distancing.” The act of keeping 6-feet away from everyone else has helped reduce the spread of the coronavirus, but it’s thrown a massive curveball at the mortgage industry. So, how do you manage the home-closing process in …

Back in the ’80s, there was a hit song called “You’ll Always Find Me in the Kitchen at Parties.” About a decade ago, IKEA used it to advertise new kitchen concepts. And today, the theme still rings true: Kitchens are the new multi-purpose hub.  When newer homes hit the market, …

With historically low interest rates, you’re probably seeing a fair share of news items declaring what a great time it is to refinance your home. After all, refinancing can be a smart financial move if it results in lowering monthly payments, reducing loan duration, or building home equity more quickly. …