Last week, I said that mortgage interest rates remain on a downward trend, despite some recent decline. The 30-year fixed rate was roughly below 6% when the Fed announced the rate cut. The “news selling” event led to a slight rebound in interest rates. Then a hotter-than-expected jobs report days later pushed the 30-year interest … Read more
Micro, small, and medium enterprises contribute to India’s economy by generating employment, promoting innovation, and supporting local industries. Since these companies are small and growing, one of the biggest challenges they face is access to affordable credit. MSME loans are designed to provide much-needed financial support to help these businesses grow, invest in technology or … Read more
At first glance, Assumable Home Loans seem like a great solution to a problem that homebuyers have been facing lately. With mortgage rates now approaching 6.5% instead of 3%, housing affordability has suffered significantly. It is now at its worst levels in decades. Coupled with the continued rise in house prices, many potential buyers have … Read more
Published on: September 25, 2024 When companies need a fast, efficient, and low-cost way to raise money, they often choose commercial paper. Commercial paper is an efficient and cost-effective short-term, unsecured debt instrument for businesses. They are fast, flexible, and are generally issued by well-established companies to cover payroll, inventory, or other short-term liabilities. But … Read more
The country’s largest mortgage bank, UWM, has launched a new 90% LTV cash-out refinance program to drum up more business. While it is sold to mortgage broker partners as a way to “win more business,” it doubles as a worrying trend of loosening underwriting guidelines. Typically, homeowners are capped at 80% LTV when it comes … Read more
When it comes to growing your business, whether it’s launching a new venture, expanding operations, or managing your day-to-day expenses, securing the right financing is essential. One of the most common ways to do this is through a business loan. However, the actual cost of borrowing relates not only to the loan amount but also … Read more
I came across a report from CoreLogic the other day that home equity loan lending rose to its highest level since 2008. Whenever anyone hears the date “2008,” they immediately think of the housing bubble of the early 2000s. After all, this was when the housing market moved completely sideways after the mortgage market collapse. … Read more
Dreaming Big, Building Smart: Why Barndominiums are Booming and How Southern Home Team Powered by Luminate Home Loans Can Help You Make It Real The American dream of homeownership is evolving, and barndominiums are at the forefront of this exciting shift. These versatile structures, once purely utilitarian agricultural spaces, are captivating hearts with their … Read more
OpenTable Visa Dining Collection OpenTable and Visa recently announced a collaboration that will offer eligible Visa cardholders exclusive access to sought-after restaurant reservations and events at hundreds of local restaurants across the U.S., Canada and Mexico through OpenTable. The OpenTable & Visa Dining Collection has launched with select restaurants in Chicago, Los Angeles, Miami and Washington, DC … Read more
Choosing the right brokerage is vital to your success and growth. It’s essential to find one that actively supports and advocates for you. Many new agents select a brokerage based on proximity or recommendations, often asking only basic questions about splits and training. To ensure you align with a brokerage that truly supports your … Read more