“As we continue to grow and expand in the Charlottesville market, it made sense to open a new satellite location in Crozet, so we can most effectively serve customers across these markets,” said Waterstone Mortgage SVP–National Sales Chris Fleming. “Andy’s extensive knowledge of the area, as well as his outstanding leadership skills and mortgage lending expertise, made him the perfect choice to head up the Crozet office.”Chasing rate forecasts wastes resources better spent on cold, hard business
Lenders and loan originators who listened to and relied on economists’ predictions hoped that lower rates would materialize all through 2023. Their disappointment carried through until September of 2024, when the Federal Reserve cut interest rates for the first time in four ...
Lackluster investor interest and industry consolidation are taking their toll on the market's liquidity
Mortgage credit declined sharply in November, with government indices reaching their lowest levels since 2012 according to updated figures from the Mortgage Bankers Association (MBA). Falling 3.3% to 95.9, November marks the fifth consecutive month of declines in the MBA’...
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