by Team focusIT | Jun 13, 2022 | FocusIT Blog, Mortgage Industry, Mortgage Marketing
It’s no surprise to anyone in the industry that the real estate and mortgage landscape is changing rapidly, resulting in 2022 being a challenging year for the housing market. After two years of low interest rates, soaring home prices, and dwindling inventory, it’s...
by Team focusIT | Aug 20, 2021 | News and Info, Mortgage Industry
The mortgage application process is vastly improved by the use of technology. Almost 100% of mortgage lenders agree that incorporating technology into procedures can simplify operations, save time, and reduce data entry. The global COVID-19 pandemic has ultimately...
by Team focusIT | Aug 6, 2021 | Mortgage Industry, Business Tips, News and Info
It was only the middle of June we were seeing interest rates falling and mortgage applications on the rise. Yet, less than a week later, the market flipped and interest rates were on the rise with both refinance and purchase mortgage applications declining across the...
by Team focusIT | Jul 16, 2021 | Mortgage Marketing, FocusIT Blog, Mortgage Industry
Global pandemic and economic recessions aside, average mortgage profit margins are rapidly falling and the competition is quickly rising. It’s no wonder then that MLOs and their companies are finding themselves stretched thin when it comes to the financial upkeep of...
by Team focusIT | Jul 9, 2021 | Mortgage Industry, SecureShare, Support
With the whole world turning digital, secure file sharing has become increasingly more important. One can no longer anticipate that their sensitive information is being stored under lock and key, with the only possibility of a leak being that of a physical break-in or...
by Team focusIT | Jul 2, 2021 | FocusIT Blog, Mortgage Industry, News and Info
As predicted at the start of 2021, house prices are starting to soar across the states. So far, prices are up 8% this year, which is not far off the 10.3% increase forecast at the end of 2020. Continuous growth through Q3 (Jul-Sept) and Q4 (Oct-Dec) could see the...
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