iLeads.com Announces Internet Generated Mortgage Leads Funded at 8.1% Rate for Third Quarter 2017
This article originally appeared here. In a funding analysis of over 2 million Internet generated mortgage leads generated between June 1st, 2017 through September 30th 2017, iLeads.com® has found that online consumers drove over $50 billion in residential loan origination dollars. Utilizing their nationwide lead collateral analytics solutions, iLeads.com® was able to determine that over 161,000 leads in this group of […]
12 housing markets where it takes the longest to save for a 20% down payment
With rising house prices largely driven by the inventory shortage, the time it takes a potential homebuyer to save for a 20% down payment is only likely to increase going forward. Nationwide, for a couple, it takes 4.6 years to save enough to make a 20% down payment on a home, according to a study from […]
The New Tax Law: The Mortgage-Interest Deduction
From the Wall Street Journal: The tax overhaul contains new curbs on deductions for mortgage interest, both indirect and direct. For 2018, millions fewer filers will benefit from deducting mortgage interest on Schedule A because of the near-doubling of the standard deduction to $24,000 for married couples and $12,000 for singles. Instead, they will opt […]
What’s the key to housing stock growth?
In December, new housing construction dropped 8.2 percent to the lowest level in more than a year — a piece of unwelcome news for economists, real estate professionals and buyers looking for a reprieve from home prices that have risen to all-time highs. It’s a no-brainer that new residential construction is the key to slowing home price growth, but how can […]
$9 Trillion Lost In Housing Market Value Has Been Found
The American housing market has gained back all $9 trillion in value that was lost when the market collapsed, but the uneven nature of the crisis and subsequent recovery has left many housing markets trailing behind, while others surge further ahead. More than half of the nation’s largest housing markets have regained all of the […]
Where Are The Top Migration Spots In The United States?
Driving south When it comes to moving, Americans largely headed south in 2017. According to new data from U-Haul, Texas was the top state for U.S. migration, while Tempe, Arizona, took the honors for the top city. Leaving for the Lone Star State Texas was the No. 1 state for growth in 2017, according to U-Haul […]
5 tips for prospecting a whole new way to Leveraging data
Leveraging data provides agents and brokers with action items and opportunities they can execute right now. With the many avenues made available to real estate agents for lead generation — and all the wooing of buyers and sellers that has to be done even after money has been paid out for online leads and portal placement — one […]
5 Ways To Boost Your Mortgage Website Traffic
Is your mortgage website a lead generation machine or a Bermuda Triangle where eligible prospects go in and nothing comes out? If you’re a mortgage broker and you want to be sure your site ends up as a place where your visitors come and explore and share their vital information with you, then you should […]
7 Housing and Mortgage Trends to Monitor in 2018
2018 is showing some signs that it will be challenging, especially for home buyers. Rising mortgage rates are likely to reduce affordability. Check out these 7 trends in housing and mortgage to expect in 2018. More equity, more HELOCs As home values rise, homeowners across the country gain equity. That’s why banks expect millions of […]
Lenders Close More Loans Using Analytics on Leads
Lenders Close More Loans Using Analytics on Leads The mortgage industry is changing. As rates rise, the market is becoming much more competitive and origination rates are dropping. Increased competition will cause some lenders to go out of business, while others will increase loan funding and capture more market share. The lenders that thrive will […]
