Vigilance, Dedication, And Commitment Forge Legends

Mar 10, 2023

Submit a nomination for Mortgage Banker Magazine’s Legends of Lending.

A legend is defined as someone admired by a lot of people. Help us honor the legends in our industry: those people who are admired for their dedication to what they do.

Mortgage Banker Magazine seeks to recognize the Legends of Lending — the key players who have diligently represented the industry with confidence, compassion, and pride.

We're looking to honor the people who have committed their time to make the mortgage industry or the journey to homeownership a better place for all.

Who is a legend? Anyone working within the mortgage industry, aged 40 or up, and with at least 15 years of experience in the industry.

Check out the June 2022 issue of Mortgage Banker Magazine to see last year’s Legends of Lending.

Click this link to nominate a Mortgage Banker Magazine Legend of Lending. The deadline is April 7

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Published

Mar 10, 2023

Analysis and Data

Mortgage Rates Surpass 7% For First Time This Year

Freddie Mac reported the 30-year fixed-rate mortgage averaged 7.10%.

Freddie Mac today released its Primary Mortgage Market Survey, revealing the 30-year fixed-rate mortgage (FRM) averaged 7.10%, breaching the 7% threshold for the first time this year. “The 30-year fixed-rate mortgage surpassed 7% for the first time this year, jumping from...

Analysis and Data

Existing Home Sales Decline By 4.3% In March

Northeast the only region to see an uptick in sales over prior month, per a new report from the National Association of Realtors

Fewer people bought homes this March than the month before and during March 2023, a new report from the National Association of Realtors (NAR) reveals. Total existing-home sales receded 4.3% from February to a seasonally adjusted annual rate of 4.19 million in March. Year...