Enterprise leaders are exploring opportunities to embed automation more deeply into their businesses to multiply efficiencies. “I don't want it to just be about volume,” DeFronzo said. “To retain employees, you have to give them opportunities, help them grow their business, and treat them the way you want to be treated. And I think that's our job.” Katie Plesia, New Account ExecutiveTPO GO He would be the first to admit that going big on wholesale was a risk for Norcom. “There's more to lose. I don't think the market is saturated right now, but I think in three years time,…
Author: Private Lending Agent
Laura Brandao Equity Prime Mortgage Partners Total LinkedIn connections:12,270 Facebook Business Page Likes:3,448 Total Instagram Followers:1,698 What do you think is the most effective strategy for growing and maintaining a strong network in the mortgage industry? If you want your connections and business relationships to get to know you, you need to be consistent and true to your brand, yourself, and your message. First, do you know who you are? Once you know what your message is and how you want others to “know” you, you need to “get” that message out there consistently. Use all modes available to you,…
Here are some smart moves to make ahead of a potential Federal Reserve rate cut. Getty Images/iStockphoto Inflation is calming, which suggests the Federal Reserve may soon cut the federal funds rate. The Fed adjusts this benchmark interest rate depending on economic conditions, and most experts agree that a cut is likely before the end of the year. This is important because changes in the federal funds rate are typically accompanied by changes in the interest rates that financial institutions charge consumers for loans and pay out on deposits. If the Fed lowers the federal funds rate, yields on deposits…
Find out what’s happening with mortgage rates today and calculate monthly repayments across a range of different rates and deals. 8 July: Lenders Confident Of Bank Rate Cut In Coming Months The Nationwide and Skipton building societies, along with Virgin Money, have each slashed the cost of their respective fixed-rate mortgage deals, effective from 9 July, writes Jo Thornhill. It follows similar moves by a swathe of lenders over the past two weeks. Nationwide has made cuts of up to 0.3 percentage points across its residential range for purchase and remortgage. It is offering a market-leading five-year fixed purchase rate…
Miami, FL – July 8, 2024 – Bennett Capital Partners Mortgage, a licensed mortgage brokerage firm, proudly announces that it remains committed to serving homeowners and investors in Miami and throughout Florida. With over 20 years of expertise, the company has played a key role in helping clients achieve their financial goals through customized mortgage solutions.Comprehensive mortgage servicesAs Miami's leading mortgage broker (NMLS# 2046862), Bennett Capital Partners Mortgage offers a wide range of mortgage services including:- Mortgages: FHA, VA, conventional loans, first time home buyer programs, non-QM, jumbo loans, hard money, private loans, foreign mortgages.- Refinance options: interest rate and…
This post originally appeared on tBL Marketplace Partner's RealNex blog RealNex Media Center Blog and has been republished with permission. Learn how to distribute your content on theBrokerList. In today's rapidly evolving commercial real estate industry, data has emerged as a powerful tool for making informed decisions. From market research and property valuation to investment analysis, the role of data analytics cannot be overemphasized. In this blog, we take a closer look at the transformational impact of data-driven decision-making in commercial real estate and how CRE professionals can leverage analytics to gain a competitive advantage.Uncovering insights through market researchMarket research…
Giving your favorite real estate agent a compliment of any kind can truly brighten their day, but complimenting them on something that others may not notice will ensure they remember it for years to come. “Nice shirt!” is one thing, but “You always seem to care so much about how you present yourself” is another level entirely. Both are nice things to say, but the latter says more about the person's character and shows that you understand, on a deeper level, why they chose the shirt they did. While these two compliments will surely bring a smile to your favorite…
Hessam Nadji, CEO of Marcus & Millichap (MMI), joins Catalysts to share his insights on bank lending, the commercial real estate (CRE) market, and what real estate investors should take note of.As experts worry that a crisis is looming, Nagy commented on CRE investing: “While many stayed on the sidelines, smart investors went into the market and made offers, and while they may not have executed on the deal, they were on the front lines of prices correcting to a reasonable level. If you look at multifamily, [housing]For example, in most cases, we have seen price corrections of 20-25%.”He continues:…
According to a leading Beverly Hills-based real estate agent, soaring home prices across the state are putting homes out of reach for many buyers, with more Californians, especially self-employed people, turning to non-qualified housing options. Damon Germanides (pictured above), co-founder and broker at Insignia Mortgage, which primarily serves self-employed borrowers, told Mortgage Professional America that the shock of the dramatic increase in borrowing costs for 2022 and beyond is starting to wear off and that the company is seeing many self-employed buyers remain undaunted even as mortgage rates rise. While some buyers may have stayed on the sidelines when interest…
Image credit: Getty ImagesArticle information Author, Michael Reis Role, Business reporter, BBC News 8 July 2024, 16:02 BSTUpdated 24 minutes agoBank of England rate officials said interest rates should be kept on hold next month rather than cut for the first time in more than four years.Jonathan Haskell, a member of the Bank of England's Monetary Policy Committee (MPC), which sets the UK's key interest rate, said he would prefer to keep rates on hold at 5.25% until there is greater confidence that inflation pressures have “subsided sustainably”.Interest rates are being kept at their highest level in 16 years to…