Looking for the latest scoop on mortgage rates, refinancing, and housing market trends? Our newest A&D Market Digest is just what you need! We invited Romy Recio, our preferred mortgage broker, to discuss all the burning mortgage questions and get the inside track. Learn everything from the potential impact of a rate cut to strategies for navigating a dynamic market!
Key Highlights
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Unlock Rewards- The impact of a potential September rate cut on the mortgage market and what it means for your clients
- How a drop in rates can trigger an increase in refinances, cash-outs, and term adjustments
- Tips on how to help your clients find the best mortgage terms in a fluctuating rate environment
- Insights into the rise of second mortgages and home equity loans
- What to expect for housing prices through the end of 2024 based on current economic trends
- Expert advice on helping your clients choose between fixed and adjustable rates
- Recommendations for staying on top of the latest mortgage market trends through reputable sources
- How A&D’s new broker portal, AIM, and loyalty program can streamline your loan process, save you time, and reward you
Don’t miss this informative discussion! Watch the full episode now for valuable insights and actionable expert advice on how to take your mortgage business to the next level.
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that makes your job easier
- All operations at your fingertips
- Easy-to-use intuitive interface
- Integrated AI technology
Mortgage News
- HousingWire — Almost 40% of home shoppers hitting pause until after the election: survey. Homebuyers often adjust their plans for the uncertainty that an election year can bring. With less than 100 days until the 2024 election, a majority of buyers are taking note.
- NMN — 20 states where mortgage delinquency is increasing the most. The state where mortgage debt delinquency is increasing the most is Vermont, with nearly 24% more mortgages delinquent in Q1 2024 than in Q4 2023. Residents in Vermont are delinquent on 7.1% of their mortgages, which is the 14th-highest delinquency rate in the country.
- NMP — Starter Home Prices Topple $1M In More U.S. Cities. The barriers towards homeownership continue to mount for more first-time homebuyers, with Zillow reporting that the number of million-dollar starter homes has tripled since 2019. In more than 200 U.S. cities, buyers will find a price tag of $1 million or more on the typical starter home.
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August 20 @ 1:00 pm EST
Unlock the secrets to mastering the high-end mortgage market in our upcoming webinar "Wealth Strategies: Maximizing Opportunities with Jumbo Loans." Join Lucy Mantilla, Wholesale Account Executive at A&D Mortgage, as she delves into the complexities of Jumbo mortgages and provides an overview tailored for brokers dealing with high-value property financing.
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