Posted To: Pipeline Press

The most reliable way to forecast the future is to try to understand the present. Vendor M&A is rampant (the latest being First American acquiring ServiceMac ). Although there is no way that the “experts” could have predicted the combination of the economy, the election, the pandemic, and all of their iterations, loan originators and real estate agents are keenly focused on trends in the housing market. Nearly every market is seeing strong demand and price escalation. Why? It’s easy, three reasons. Demographic tailwinds: those born between 1981 and 1996 are the key buyer group, and as they continue to marry and start families, the demand for homes will continue to grow. Low mortgage rates: the average 30-year fixed-rate mortgage has remained at or below 3% for eight straight…(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

Source: Mortgage News Daily