A&D Market Digest for Week of 7/22/24

A&D Mortgage News Non-QM Loans
July 24, 2024

Another edition of the A&D Market Digest is here to tell you how A&D Mortgage is transforming the way we engage with our valued partners. In this episode, Mike Pearson, Senior Vice President of Business Development, introduces the ADvantage Loyalty Program – a game-changing initiative designed to increase brokers’ efficiency, elevate the experience with A&D Mortgage, and provide rewards! 

Key Highlights

Get the ADvantage
with our loyalty program

Earn and redeem points for valuable benefits for you and your clients

Unlock Rewards
  • Inspiration behind the ADvantage Loyalty Program
  • The primary goal of ADvantage
  • What makes ADvantage different from other programs
  • Efficiency as the main focus
  • Unique benefits for partners participating in the program
  • Special incentives that ADvantage offers
  • Educational opportunities provided by the ADvantage Loyalty Program
  • Plans for future enhancements and expansions

Be among the first to experience the ADvantage Loyalty Program. Watch the full episode of the A&D Market Digest and learn how you can participate. Don’t miss out on this opportunity to enhance efficiency and earn valuable rewards with A&D Mortgage. 

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Mortgage News

  • NMN Home renovation spending expected to decline. Homeowners are expected to continue spending less on remodeling activities through the next 12 months, but by the second quarter of 2025, the total dollars spent on it is likely to rise above levels projected for the next two quarters. 
  • NMP Foreclosure Activity Down In First Half Of 2024. Foreclosure activity was down overall at the start of summer 2024, among growing signs that the housing market is normalizing. 
  • Scotsman Guide – Redfin: Dwindling rates helping save typical homebuyer some $25K since April. The typical homebuyer’s monthly housing payment was $2,722 during the four weeks ending July 14, Redfin reported. That’s $115 lower than the all-time high reached in April, despite typical home prices just $100 lower than their own record peak set last week. The ebb of mortgage rates to their lowest level since February, due in large part to the encouraging June inflation report, have helped would-be buyers squeeze a little bit of extra affordability from the difficult market. 
author Carl Holman

Written by

Carl Holman

Communications Manager

As A&D Mortgage’s Communications Manager, Carl Holman has more than 20 years of expertise in marketing, media relations, and communications, having spent 10 years of his career in mortgage lending and real estate. He holds a Bachelor’s in Journalism and Mass Communications from the University of South Carolina.
A&D Mortgage News Non-QM Loans