Mortgage Industry News
Southern First Bancshares Opens Dream Mortgage Center
The center will provide homebuyer education and outreach in an underserved community of South Carolina. Continue Reading Southern First Bancshares Opens Dream Mortgage Center
Mortgage Application Activity Continues to Slump
MBA’s Joel Kan said applications dropped “to the slowest weekly pace since 1995.” Continue Reading Mortgage Application Activity Continues to Slump
Dave Ramsey Says You Should ‘Never’ Buy a House in This Situation. Here’s Why He’s Right
Source: The Ascent --- Buying a house is something many people look forward to. But, while this purchase can be one of the best of your life, it can also be one of the worst if you jump into property ownership before you are financially ready to take on a mortgage...
Mortgage payers face squeeze in 2023 after UK interest rate rises
Source: The Guardian --- Homeowners with mortgages will be among the biggest losers from the cost of living crisis in 2023 due to interest rate rises, while the wealthiest UK households will benefit from better returns on savings and investments, according to analysis...
Housing market: More and more home sellers dangle incentives to get buyers, study finds
Source: Yahoo! News --- The share of home sellers offering concessions to close a deal jumped in the final three months of 2022, a new report found. That was before sellers resorted to cutting their listing price to attract buyers. Approximately 42% of homes sold in...
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