The appraiser's perspective: Regulatory compliance and the appraisal made clearer

Nov 02, 2006

1st Metropolitan Mortgage to relocate corporate headquartersMortgagePress.comMortgage companies in North Carolina 1st Metropolitan Mortgage will be moving to a new office building in the Charlotte, N.C. SouthPark area in January 2007. The company's new corporate office will create greater operational functionality, which, in turn, will enhance overall service to the company's growing network of MetroBranches. 1st Metropolitan Mortgage, a subsidiary of Empire Equity Group, is a national mortgage brokerage, based in Charlotte, N.C. For more information, call (800) 772-2880 or visit www.1stmet.com.

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Nov 02, 2006

Analysis and Data

Half Of All Loan Applicants Denied Since 2022 Rate Hikes

Bankrate survey finds 50% of Americans who’ve applied for a loan or financial product since March 2022 have been denied.

Half of Americans who’ve applied for a loan or financial product have been denied since the Federal Reserve started raising its key benchmark rate in March 2022, and 17% have been denied more than one loan, according to a new Bankrate survey. Credit lines are the main cul...

Analysis and Data

High Mortgage Rates, Payments Make For Slow Spring Market

Redfin report indicates monthly payment at all-time high of $2,894

Borrowers are paying more for their mortgages than ever before, and this spring's homebuying market is anything but normal. The median monthly housing payment hit an all-time high of $2,894 during the four weeks ending May 5, a new report from Redfin revealed. That’s 14% ...