It’s no secret that the mortgage industry is a fickle beast. After all, who among us could have predicted the ways the COVID-19 pandemic upturned the real estate sphere? After two years of a highly unusual housing market, a clearer picture of 2022 is starting to take shape. While in many ways the new year may be more … Read More
Q1 2022 Wrap-Up: What Happened in the Mortgage Industry?
Between COVID-19 restrictions easing across the nation and gradually rising home interest rates, the first quarter of 2022 will certainly be one to remember. Now that Q2 is nearly here, MLOs may need to determine the next steps for their business and, in the twenty-first century, that often involves adopting some new tech. Before officially gearing up for another … Read More
How Technology is Changing the Mortgage Industry
The mortgage industry has occasionally been considered clunky, slow-to-respond, or confusing. For example, a June 2021 survey highlighted gaps in the average American’s mortgage knowledge, including an understanding that escrow could factor into closing costs and how pre-qualification plays a role. Within the last two years though, amid a global pandemic and record-housing boom, the industry as a whole … Read More
Don’t Just Ride the Wave: How to Be Successful No Matter What the Mortgage Industry Does
Whether you’re new to the mortgage industry or have been in business for a while, you surely know one thing—it is nothing if not unpredictable. While it can be exciting to ride the wave when the industry is thriving, it’s also important to think of your long-term strategy for continued success during the unavoidable mini-dips and booms. Here’s how to … Read More