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Transformation and collaboration: The secret sa...
A message from Jeff Lasky, chief executive...
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CrossCountry Mortgage’s newest team: a story ...
Jamie Franz, Bradley Rasof and Scott Schneiderman...
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Creating a lending business plan — from refer...
Jenny Sepulveda, the executive vice president of...
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Interest rates got your buyers down?
Patrick Regan, Chicago Agent's new managing editor,...
The frenzied rush to market from historically low interest rates is over. Long-term mortgage loans hover in the 6% range, signaling a return to more ordinary times for lenders, agents and buyers. Rate buydown products and ARMs, which may not have come up much the past few years, are once again part of the mortgage conversation.
The option to refinance later has kept buyers in the market, and those buyers can now focus on choosing homes that speak to their hopes and dreams. So, as the market recalibrates, lenders are sharing the most effective ways to bring buyers back to the transaction table and prepare them to sign on the dotted line. Read more from the issue here.