The national average total closing costs for a purchase mortgage transaction were $4,661. This amount consists of a national average of 1.06% of the home sales price.
This week it’s about growth. Alayna Gardner chats with the indefatigable Lindsey Meyer about how to invest in your own development and level up.
Horace and Octavia struggle to cope with stock market ups and downs.
May is Mental Health Awareness Month. It’s also a great time to take a look at how far we’ve come as an industry when it comes to both acknowledging the validity and significance of mental health, and providing adequate mental health resources for employees.
In the beginning, it seems like your vendors can’t get enough of you. Proactive emails, follow up emails, quick calls just “to see how things are going.” But when a partner/vendor relationship fades, the proactivity tends to die.
How much did LodeStar save clients in 2021? 61,694 paid labor hours, 1,542.4 work weeks, 29 years, or $1,96 million in hourly pay. How’s that for ROI?
Some of the technologies designed (or altered) to manage the operational changes mandated by TRID didn’t really integrate or co-exist with some of the best and most widely used platforms in the industry. As a result, we started reading about and hearing about “silos.”
Thinning margins call for more than just haphazard automation. The mortgage industry needs connectivity among its professionals and providers.
We spent 2020 and 2021 focused on things like volume, capacity and turn-time, since the vast majority of mortgages being made were basic refinance loans. But now we’re going to have a more diverse array of products being marketed as lenders vie for position.
Far more than we’ve ever seen before, especially on social media platforms, mortgage-related businesses celebrated their professional women and shared their gratitude. IWD was actually a thing this year.
Read our CEO Jim Paolino’s Deeper Thoughts and get the latest mortgage industry news.