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Raleigh Named Second Fastest-Growing City in America

The city of Raleigh was recently ranked No. 2 on FORBES’ annual list of America’s Fastest-Growing Cities. As part of the Research Triangle, the area offers its residents an exceptional quality of life. More and more Americans are realizing this fact and rushing to call the beautiful city of Raleigh home. The state of North […]

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Essential Information about the Appraisal Process

Since the 2008 housing crisis, current 30 year mortgage rates are still below average according to Freddie Mac and as a result, many homeowners may save thousands of dollars per year when buying a new home. And while the housing upturn has left buyers hopeful, the National Association of Home Builders (NAHB) explained in an […]

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Luxury Home Market Expanding for Mortgage Lenders

It is still a buyer’s market in the luxury home market per the Institute for Luxury Home Marketing (ILHM), with a Market Action Index (MAI) at 28. The MAI measures available supply relative to the current level of demand. However, the current index is very close to 30, which is considered a seller’s market. As reported […]

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How the Shutdown Affects the Mortgage Industry

According to industry officials, the mortgage industry isn’t likely to face drastic, immediate repercussions because of the government shutdown. However, if the shutdown were to last longer than two weeks, the industry can expect to see more of an impact. The vast majority of home loans are processed through Fannie Mae or Freddie Mac, both […]

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Starkey Mortgage Launches New National Builder Division with Great Success

While new home sales and buyer confidence begin to rise again after the market downturn, Starkey Mortgage (WR Starkey Mortgage, LLP NMLSR# 2146) has created a new division devoted entirely to helping home builders drive traffic to their communities by utilizing the most successful marketing, advertising and promotions. The Texas-based mortgage company has aligned with […]