A blog from an industry insider talks about the good, the bad, and the ugly of the current state of mortgage lending.
How the Fed’s tapering timeline could affect mortgage rates
The Federal Reserve could start its bond purchase tapering by mid-November. The minutes from September’s Federal Open Market Committee meeting shows committee members discussing tapering bond and Treasury purchases by $5 billion and $10 billion …
Abysmal jobs report disheartening as rates move back below 3%
Saying September’s jobs report was a total letdown would be a serious understatement. Expected to rise by 500,000 jobs, the Labor Department’s non-farms payroll report for September shows that just 194,000 jobs were added. The …
Top 1% Loan Officer, Lee Aldrich joins Movement Mortgage serving Seattle and the suburbs
SEATTLE, Washington — Movement Mortgage, the nation’s sixth-largest retail mortgage lender, has hired Lee Aldrich to provide home-financing loans to buyers in the Pacific Northwest, specifically Seattle and its immediate surroundings.
Rates rise to highest level since July 2020, will that lower home prices?
What homebuyers have been feeling for months was confirmed yet again in the latest S&P CoreLogic Case-Shiller National Home Price Index Report. July 2021 was the fourth-straight month to hit a record for home price …
Movement bolsters SoCal presence with Co-Regional Directors Brian Keranen and Eli Fairfield
LOS ANGELES, California — Movement Mortgage, the nation’s sixth-largest retail mortgage lender, is excited to announce the hiring of Co-Regional Directors Eli Fairfield and Brian Keranen to head up the Southern California market.
Renting, which involves relatively low stress and commitment, is often seen as an affordable alternative to buying a home. However, rent prices in major cities and metro areas around the US are becoming increasingly expensive.
Movement hires industry veteran Dawn Ryan as Rhode Island loan officer
NEWPORT, RHODE ISLAND — Movement Mortgage, a national top 10 retail mortgage lender, is pleased to announce that New England native Dawn Ryan joins the Movement team as a Loan Officer in Newport, Rhode Island.
Movement has grown from a small team of 4 to over 2,200 employees with more than 350 locations across 40 states. Inc. Magazine recognized Movement Mortgage as the fastest-growing mortgage bank in the country.