Update: The 2022 Housing Market So Far

Update: The 2022 Housing Market So Far

The numbers are in for May 2022 and pending homes sales… increased? According to the National Association of Realtors (NAR), May saw a 0.7 percent increase in pending home sales from April which broke a six-month streak of declines. The Northeast saw the biggest...
A New Focus for Lenders: Reverse Mortgages

A New Focus for Lenders: Reverse Mortgages

Recently we talked about rising interest rates, the subsequent decline in purchase mortgage applications, and how it’s affecting lending professionals. Focus is primarily on how rising rates are affecting would-be homebuyers but it goes deeper than that. Loan...