Mortgage Industry News
Homebuyers’ Monthly Payments at Lowest Level in Nearly a Year
Redfin’s Homebuyer Demand Index spiked by 10% from one month ago to its highest level since August. Continue Reading Homebuyers’ Monthly Payments at Lowest Level in Nearly a Year
Mortgage Application Activity Ended 2023 in Decline
The holiday adjusted Refinance Index decreased 18% from two weeks ago. Continue Reading Mortgage Application Activity Ended 2023 in Decline
Does being married help or hinder when it comes to a mortgage?
Source: Yahoo! News --- With Valentine’s Day on the horizon, and the inevitable influx of proposals and engagements that come along with it, it’s worth knowing whether tying the knot has an impact when it comes to buying a new home. We asked some experts in-the-know...
Mortgage advice that you should think twice about following
Source: Mortgage Introducer --- Social media has given a platform for a lot of people claiming or making it appear that they are ‘experts’ on certain subjects, including mortgages. People can watch them anytime and anywhere, so the potential to reach a lot of...
Why growth of reverse mortgages is surging despite rapid rise in interest rates
Source: The Globe and Mail --- Reverse mortgages have always been a controversial financial product, but that hasn’t stopped their expansion in Canada or from becoming a growing source of interest among advisors as a potential recommendation for certain clients. A...
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