Non-Qualified Mortgages are on the Rise: What Does that Mean for You and Your Borrowers?

March 11, 2019

The failure to appropriately qualify applicants for a mortgage loan combined with less stringent underwriting standards have been cited as two key factors in the events that led to the 2008 financial crisis. This has led to various regulatory changes, including the requirement that lenders verify the applicant’s ability to repay the mortgage obligation. This requirement was part of the Ability to Repay (ATR) rule. The ATR rule, among other…


Who are Today’s Home Buyers and Sellers?

February 11, 2019

On October 29th, the NATIONAL ASSOCIATION OF REALTORS released the “2018 Profile of Home Buyers and Sellers.” This annual report provides insights into consumer trends related to the housing market. Highlights concerning buyers: 87% of buyers recently purchased their home through a real estate agent or broker. 90% of buyers would use their agent again or recommend their agent to others. 73% of buyers purchased a home that was the…


2018 Housing Market Predictions

February 9, 2018

The 2018 housing market will bring with it some good, some bad, and a lot of opportunity! It’s no surprise that inventory is expected to continue to tighten, but what else can we anticipate from the housing market in 2018? See our infographic below. Nervous for some of the hurdles 2018 brings? Want to capitalize on all of the predicted market opportunity? Contact a Freedom Mortgage Account Executive today!


What are the Top 5 Home Buying Hurdles Millennials Face?

January 8, 2018

It’s no secret that first-time homebuyers are struggling to find affordable housing in today’s competitive market. Millennials make up about 42% of all buyers on the market and 70% of first-time buyers.* While many Millennials are looking to stop renting and move into a home, there are common obstacles. Check out the infographic below for “The Top 5 Home Buying Hurdles According to Millennials.”     Freedom Mortgage Wholesale offers a…