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Average mortgage rates fell to their lowest level of the year, according to Freddie Mac’s Primary Mortgage Market Survey for the week ending May 25.   The 30-year fixed-rate mortgage (FRM) averaged 3.95 percent, down from last week when it averaged 4.02 percent. The 15-year FRM this week averaged... Keep Reading....
More than 1.4 million loans were originated on residential properties—one to four units—during the first quarter, according to new statistics from ATTOM Data Solutions. This is a 30 percent decline from the previous quarter and a 21 percent drop from a year ago. The total dollar volume of loan... more
As we turn the page of the calendar and begin a new year, we enter the next 12 months with new hopes and expectations of how to grow business in the new Trump Administration. National Mortgage Professional Magazine gathered some of the industry’s forward-thinkers for a roundtable discussion on how... more
National Mortgage Professional Magazine is proud to announce its annual list of Top Mortgage Employers. We polled our readers about their employers based on the following criteria: ►Compensation ►Speed ►Marketing support ►Technology ►Corporate culture ►Long-term strategy ►Day-to-day management ►... more
At its height, Carteret Mortgage, my former company, had more than 4,000 employees. Imagine running a business with so many different types of people with various wants, needs and goals. Simple, imagine you have 4,000 children and it is pretty much the same thing, except without the stretch marks... more