What are Jumbo Loans in Arizona 2023?
When it comes to purchasing a home, buyers can have difficulty finding financing that exceeds the conforming loan limit. This is where jumbo loans come into play. What is Jumbo Loan? A jumbo loan A mortgage is a type of mortgage designed to help you buy a home over and above the limits set by […]
Mortgage Rates Continue Recent Sideways Trend
Mortgage rates declined slightly this week, continuing the recent “sideways trend” in the low 6% range. Rates reflect a reduction in inflation and the banking crisis, and are expected to result in federal Reserve (Fed) The federal funds rate is increased. Per Freddie Mac According to the Primary Mortgage Market Survey, the 30-year fixed-rate mortgage […]
Market Smarter and Don’t Waste Money
Just because you are continuing to market yourself doesn’t mean you should be wasteful or wasteful with your marketing dollars. You should be more careful than usual to make sure that every dollar is spent efficiently. This means focusing on improving customer relationships. Timely responses to questions and market concerns, a weekly newsletter, and even […]
Mortgage Rates and the Fed Funds Rate [May 2023 FOMC]
The Federal Reserve raised the fed funds rate by 0.25 percentage points after its May 2023 meeting – its tenth increase since last March. The Group’s policy rate is now in the range of 5.00 – 5.25 per cent. Mortgage rates fell after the Fed’s announcement. The divergence of the fed funds rate and 30-year […]
HUD invests $837M in energy, climate renewal for multifamily housing
U.S. Department of Housing and Urban Development (HUD) announced Thursday that it will invest more than $837 million from the 2022 Inflation Reduction Act and its own commitments authority to address energy costs and housing quality in under-served communities. Funding will be distributed through HUD’s Green and Resilient Retrofit Program (GRRP), designed to reduce greenhouse […]
Examples of Companies That Grow During a Recession
Let us discuss some examples of companies which showed recession-free growth due to their advanced marketing efforts. 1. Kellogg’s during the Great Depression In the 1920s, the Post was the market leader, but when the Great Depression hit, the company significantly reduced its marketing. Meanwhile, its biggest rival, Kellogg’s, doubled its advertising spending and quickly […]
Home Point, soon to be closed, lost $28 million in the first quarter
Home Point Capital reported another quarterly loss on Friday morning, two days after announcing it was being sold Mr. Cooper Group for $324 million in cash. The company will close in the coming months as a result of the transaction. In the first quarter, Home Point’s origination and servicing businesses were in the red amid […]
Regora launches valuation marketplace with ‘Uber-style’ algorithm
Valuation Management Software Company regora This week announced the launch of its Valuation Marketplace, which leverages company-managed data in an effort to improve valuation performance. Since most appraisal orders are sent to either an individual appraiser or an appraisal management company (AMC), orders have traditionally been issued to appraisers based on location and performance history. […]
The CFPB takes its constitutionality case to the Supreme Court
consumer financial protection bureau (CFPB) filed a brief this week US Supreme Court Arguing that its funding source does not violate the Appropriations Clause of the US Constitution, despite a recent Fifth Circuit Court of Appeals decision saying otherwise. With its brief, the CFPB is trying to overturn the Fifth Circuit’s decision. Community Financial Services […]
Canada’s Best Home Decor Brands (May 2023)
you + sharing it = us as best friends When you think of Canadian companies, one thing comes to mind that dominates the world of superior product design, and that company is Umbra. They are the leader in interior home design products, and dare I say, everything they make is innovative, functional, and beautiful. So, […]
