It’s June, the month when historically a record number of new homeowners close on homes. Although mortgage rates were down slightly at the beginning of May (the average 30-year fixed-rate mortgage was 6.17% on May 11, as reported by businessinsider.com), inventory is still tight. Read More
With homebuyers facing new hurdles this year, including higher interest rates and a lack of inventory, mortgage originators focus more on homebuyer education to set expectations up front and equip borrowers with expanded options, including more affordable down payments. Read More
Bring a difficult year to a strong finish with Arch MI’s powerful MI solutions. Save those deals and offset competitors’ interest rates customized, lower MI premiums. Market and insure affordable mortgages that allow many Millennials to become homeowners simply by using their existing savings. Read More
With interest rates rising, it’s a good time to remind ourselves of the Boy Scout motto, “Be Prepared.” To maximize results for the balance of this year and in 2023, check out Arch MI’s complimentary resources that will keep you informed and ready to meet challenges with an up-to-date skill set. Read More
Hispanic homebuyers have purchased more than 1.9 million homes since 2014. With an estimated 8 million mortgage-ready adults, this population is poised to play an even larger role in the mortgage industry’s success over the next two decades. Read More
With refinance volume expected to dip, loan professionals are discovering Arch MI’s new LO Toolbox filled with shortcuts, time-saving solutions and exclusive tools for closing more loans. Read More