"We wanted to help a larger swath of borrowers attain the American dream"
Cuts were necessary to keep its mortgage product competitive, the company said
Despite interest rates remaining near historic lows, existing-home sales dropped last month due to low housing supply and the ongoing rise in home prices above the pace of inflation.
While the U.S. economy has rebounded, the financial environment is still cloudy to more than 50% of Americans who are still worried about having enough money in savings and feeling secure with their current finances.
Getting referral business from real estate agents can prove to be a difficult task at first. Industry expert Dave Hershman highlights some of the reasons why you're not getting business from realtors.
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Findings also included those who sell reverse reported that the best thing about offering the product was the considerable growth potential with the aging baby boomer population.
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