Mortgage Lenders
By Ryan Casey Stephens, FPQP®Special Contributor Drive past the Legacy Place West building in Plano and you’ll notice a few more open parking spaces. What was a bustling business hub now hosts only a sparse number of true Texans strategically sheltered under a few shade trees. This was where First Guaranty Mortgage’s offices were located.…
Read MoreIn the last few weeks, the world watched as Russia carried out its invasion of Ukraine. Among the fallout here at home, we’ve seen a rise in gas prices, increased inflation, and a shaken stock market. However, there are other areas affected that may not seem so surface level. One of the sectors already seeing…
Read MoreAlert the press (already did), Hayden Hodges has moved. Formerly with Cornerstone Mortgage, Benchmark Bank and most recently, Caliber Mortgage, Hodges is now with US Bank. Wait, they bank here in Texas? As a matter of fact, they do. They’re moving into Texas and starting with mortgage lending. Hodges was hired to build the team…
Read MoreFirst-time homebuyers are finding it harder and harder to get into their dream home.
The National Association of Realtors said that first-time homebuyers make up only 28 percent of the national housing market in a Jan. 28 new story, the lowest number since the organization started measuring the demographic in 2008. According to the NAR, first-time homebuyers typically make up about 40 percent of the market, but several factors are keeping them from purchasing a home, including higher competition for lower priced properties, which are being swept up by investors at increasingly high rates.
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