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May 24 2021, 8:15AM
What is your, and your company’s, value proposition? Lenders must be vigilant, which means paying attention to trends, big and small. For example, on the large scale, more and more analysts are talking about talking about the Federal Reserve tapering off on its asset purchases, given the potential expanding U.S. economy. It seems that only the Fed is hesitant talking about it! But at some point, it is believed that the Fed will acknowledge the situation, and some of the emergency actions taken a year ago will begin to be removed. On a small scale, while some have been fretting about Amazon entering residential lending for years, how about watching those actually impacting their business? For example, “millennial and Gen-Z-focused” home buying platform Lower, announced the launch of its mobile app and new FDIC-insured deposit account, “ ....

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How to Evaluate Mortgage Interest Rates | NextAdvisor with TIME


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Right now, mortgage interest rates are at historic lows and people are lining up to take advantage by buying a home or refinancing an existing home loan.
But a lower mortgage rate doesn’t always equate to a better deal. In a hot market where transactions are unfolding quickly, you need to also consider the loan’s APR, which takes into account upfront fees and other costs, experts say. ....

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