Movement Mortgage, a national top 10 retail mortgage lender, is excited to announce the addition of Market Leader Michelle Banning to the Indianapolis, Indiana market. Banning will be based out of Fishers, a popular suburb. Banning brings nearly a decade of experience to the Movement Mortgage team. Starting as a …
Read More »Mortgage rates spike, but there’s no reason to panic
Now that things are starting to look brighter, rates are rising to places they haven’t been in months. They’re being pushed up by optimism over vaccinations and the relief bill working its way through Congress – and by fears that an improving economy will spark inflation. Zillow economist Matthew Speakman …
Read More »The 3 C’s of mortgage underwriting
Purchasing a house can be pretty exciting and pretty confusing — all at the same time. And it doesn’t matter if you’re a first time home buyer or if this is your second or third time you’re taking the plunge into homeownership. That’s because the process of applying for a …
Read More »The 12 Hottest Housing Markets in 2021
Bidding wars. Soaring profits for sellers. A shift in working remotely. A push for amenities. After 2020, some markets will stand out above the rest. According to National Mortgage News, With the combination of extremely low inventory and interest rates holding near historic lows, forecasts show 2021 shaping up to …
Read More »The Challenges Facing Black Homeowners Today
In recognition of Black History Month, we wanted to take a moment to discuss black homeownership in the USA. While black Americans are central to America’s story, African-Americans are less likely than other racial groups to own homes. Few things lift communities more than homeownership. Owning homes creates wealth, brings …
Read More »What will the post WFH housing market look like?
Vaccines are being distributed. Hospitalizations seem to be on the decline in several areas. Now it’s time to think about life after the pandemic. What habits and cultural shifts are going to stay? Which ones are going to be thrown to the wind as soon as possible? Experts at HousingWire believe …
Read More »7 ways to reignite the love for your home this Valentine’s Day
Houses are a lot like relationships. You want a sturdy foundation, that warm and cozy feeling, room to grow and of course — you want to feel at home. But just like relationships, houses require regular maintenance and care to keep that initial excitement alive. Think back to the time …
Read More »Mortgage demand falls, but average homebuyer size hits record
Total mortgage application volume fell 4.1% from the previous week, but were 16% higher than a year ago. The average loan amount for homebuyers hit another record high — $ 395,200, according to the Mortgage Bankers Association’s seasonally adjusted index reported by CNBC. Homebuyers are seeing prices rise at the …
Read More »The lowdown on the LTV: Why loan-to-value ratios matter to new homebuyers
When exploring the idea of buying a new home, especially if you’re a first-time homebuyer, expect to face many decisions, the most important of which are financial. Obviously, you’ll want to secure a home loan with a low interest rate so your monthly mortgage payment is in line with your …
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