A&D Market Digest for Week of 9/16/24

Are you keeping up with the latest trends among borrowers in today’s housing market? Inflation, rising home prices, and changing refinancing perspectives have been shaping new borrower behavior. In this episode of A&D Market Digest, we have an insightful discussion with Tatiana Frederico, an experienced realtor and loan officer from Everwise Group, to explore the current needs and challenges borrowers are facing and effective strategies to address them. 

Key Highlights

• The impact of inflation on credit scores and how Non-QM products can help 
• Why more borrowers are waiting to refinance in hopes of securing lower monthly payments 
• Why the self-employed are facing more credit challenges and how bank statement programs are leading the way
• Down payment assistance programs and solutions to lower monthly payments as a growing demand of today’s borrowers
• Managing borrower stress and setting realistic expectations during the loan process
• How modern technologies make the loan process smoother for both loan officers and borrowers
• Practical advice from experts on how to streamline the loan process

Don’t miss this productive conversation that promises to positively impact your mortgage business! 

Mortgage News

• NMP – Gen Z Prioritizes Financial Planning, Not Debt Solutions. Gen-Zers are more financially-savvy than their superiors believe, with less credit card debt than generations prior and a desire to plan and save. 
• Scotsman Guide – Improved affordability leading to opportunities for buyers, Zillow says. With the Federal Reserve signaling a rate cut on the way and mortgage rates already sliding, this year’s “offseason” is shaping up to be rife with opportunity for buyers, according to Zillow. 
• MPA – A&D Mortgage and Atlas form JV to grow $7bn securitization platform. A&D Mortgage has entered into a joint venture with investment firm Atlas Merchant Capital to expand its $7 billion mortgage securitization platform.