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Mortgage rates » 2013 » April

Home buying made easy with decrease in mortgage rate in the United States

With the decline in mortgage rates in the United States, more and more people have decided to purchase home. It’s not at all an easy task to search for the right kind of home with such tough competition in the mortgage market. You will have to be very careful when shopping around for home. Checking the mortgage rate is of utmost importance if you want your home buying process to be a successful one. Previously, the mortgage rate was so high that most people could not afford to purchase home. However, the mortgage rate has fallen down at present. The rate for 30 year fixed mortgage is 2.75% while the rate for 15 year fixed mortgage is 2.25% till date. As such, homebuyers who are searching for homes can avail the advantage of this reduction in mortgage rate and purchase their abode without difficulty. Continue Reading…

A clear insight into the key mortgage industry hiring trends in 2013

An expanding national recruiting and strategic growth firm for the financial service industry; Hammerhouse LLC has released an annual outlook on the key hiring trends that will have an effect on the mortgage industry, 2013. According to the aforementioned firm, the mortgage industry will evolve gradually and the job of the originators will gradually become more professional. The mortgage hiring industry will continue to stabilize and all those mortgage lending companies that are well-structured with strong leaders, balanced production, geographically oriented and financially strong. 2013 will certain be the year to outshine among the peers. Check out the mortgage industry hiring trends in the year 2013. Continue Reading…