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.
Welcome to the fully rebranded LodeStar podcast, Full Disclosure. Join Jim Paolino and Alayna Gardner, AMP, on this new chapter of the LodeStar podcast.
It’s rare that we see any type of progress—of any kind—happen in a consistent, linear fashion. That’s certainly the case with DEI efforts in our space. They’re happening. Progress is taking place.
Horace doesn’t want to talk about how the Fed raised rates.
It’s a poorly-kept secret that more than a few LOs still believe that it’s all about the rate, the rate and the rate—nothing more. And yet, somehow, the best LOs manage to produce in any market.
There are two factors that “traditionalist” employers in any industry—but especially a highly-traditional industry like ours—had better absorb quickly. First, almost half of the global workforce is thinking about quitting. Second, there’s no safety in homogeneity
The digitization of the mortgage loan process, although at times painfully slow, has come a long way. Especially in the past 10 years. And as that digital revolution has unfolded, we’ve seen a few distinctive phases.
Octavia hits the ground running after being away on a summer vacation.
Many of us remember the days of percentage rates in the teens. The best prepared businesses still made money. Home values weren’t even at record highs! And the sky did not fall after all.
It wouldn’t be a LodeStar Lending Leaders Summer Session if we didn’t include an episode about generational differences. This week we tapped our resident Gen Zer, Fiona, to discuss differences between Gen Z and Millennials.
Octavia gets back from vacation and wants to know if Horace contacted the referral she sent his way.