The national average total closing costs for a purchase mortgage transaction were $4,661. This amount consists of a national average of 1.06% of the home sales price.
Here’s one last mortgage industry vibe check before the holidays. With just three and a half short weeks before break, Jim and Alayna give their take on the state of the mortgage industry.
Building business cultures based upon equity, respect, trust, diversity and clarity is yet another example in which doing the right thing is also the best business decision.
For this week’s LLL, Jim and Alayna sit down back at LodeStar HQ to recap their experience exhibiting at ICE Experience 2023 in Las Vegas.
As we explored more deeply our potential relationship, I was struck by how densely concentrated SVB’s investments were. The focus was on high-value, high-yield businesses. That’s great when everything’s going well. But with high wealth comes high risk.
For this week’s episode of the LodeStar Lending Leaders Podcast, Jim sits down with Michele Kryczkowski, a passionate advocate of mentorships with twenty years of mortgage industry experience.
It’s fairly simple. The decisions we make when designing and implementing these incredible and advanced technologies are going to reflect our own biases, principles, beliefs, and viewpoints.
For this week’s episode of the LodeStar Lending Leaders podcast, Alayna sat down with Rob Chrane, Founder and CEO of Down Payment Resource. Together they discussed all things down payment assistance, empowering local lenders to help borrowers, and fighting the uphill battle of homebuyer education.