https://solidify.com Mortgage Advisors Fri, 12 Jan 2024 23:54:22 +0000 en hourly 1 https://wordpress.org/?v=6.8.5 https://solidify.com/wp-content/uploads/2021/06/cropped-O_colored-32x32.png https://solidify.com 32 32 Robert Salas Promoted to Managing Director https://solidify.com/robert-salas-promoted-managing-director/ Wed, 10 Aug 2022 18:14:27 +0000 https://solidify.com/?p=3546 CARLSBAD – August 10, 2022:  Robert Salas, previously Sr. Mortgage Advisor at Solidify, has been promoted to Managing Director – Mortgage Lending. Robert started with Solidify in 2019, bringing more than 20 years of helping families achieve homeownership and financial freedom through a consistent effort in finding the best rates. Now, as a member of […]

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]]> This Could Crash the Housing Market https://solidify.com/this-could-crash-the-housing-market/ Thu, 23 Jun 2022 20:50:26 +0000 https://solidify.com/?p=3511 Housing is currently seen as being on solid footing with strong loan quality and high demand The rapid rise in institutional investors buying residential property is reshaping the US housing market Concerns are rising that any instability with institutional investors could lead to a housing crash Lessons Learned Since 2008 Many aspects of the mortgage […]

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]]> How To Attract and Retain Top Talent To Sustainably Transform Your Business https://solidify.com/heres-what-you-dont-know-about-attracting-and-retaining-top-talent-that-could-transform-your-business/ Wed, 16 Mar 2022 18:19:13 +0000 https://solidify.com/?p=3255 From the pandemic to the Great Resignation and the WFH trend, employers are being squeezed into paying more for less. This competition for limited and fractured resources spans talent, services, and products, resulting in erosion of the bottom line and company culture. What can a business do to regain what’s been lost, navigate today, and […]

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]]> How To Add More Value To Your Client Relationships Without Doing More Work https://solidify.com/how-to-add-more-value-to-your-client-relationships-without-doing-more-work/ Wed, 16 Mar 2022 18:15:00 +0000 https://solidify.com/?p=3251 When we think about what makes for a successful advisory or professional services business, we quickly realize that every element intersects with the client in some way. These client-centric practitioners put in the time and effort to understand their clients’ situations, experiences, and expectations. Arguably, anyone can put in the client-centric work and build a […]

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]]> Homebuyers are rushing to get mortgages before higher rates price them out https://solidify.com/homebuyers-are-rushing-to-get-mortgages-before-higher-rates-price-them-out/ Wed, 09 Feb 2022 16:42:03 +0000 https://solidify.com/?p=3247 The rapid increase in mortgage rates has created a higher demand and lowered the amount of homeowners who are wanting to refinance.  Market is still hot Even still, the market is hot and buyers are buying up everything in sight. There is a surge of first time home buyers trying to buy before interest rates […]

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]]> Purchase Mortgage Activity Strong Despite Surging Rates https://solidify.com/purchase-mortgage-activity-strong-despite-surging-rates/ Wed, 09 Feb 2022 16:38:21 +0000 https://solidify.com/?p=3243 Early this year, we have seen a spike in interest rates. With the rise of interest rates, there has been a drastic drop in refinancing from just a year ago and is at its slowest rate in 2 years. The 30 year fixed rate mortgage has increased 30 basis points over the past 2 weeks […]

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]]> Change in fees for second homes and high balance loans https://solidify.com/change-in-fees-for-second-homes-and-high-balance-loans/ Mon, 10 Jan 2022 19:00:53 +0000 https://solidify.com/?p=3207 On January 5th, FHFA, the governing body which oversees most of the US mortgage market, announced substantial risk-based increases for second homes and high balance loans.     The announcement positioned the changes as an aim to strengthen government enterprises and make home-buying more attainable.  Affordable home loan programs will not be subjected to the fee […]

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]]> New Conforming Loan Limits for 2022 https://solidify.com/new-conforming-loan-limits-for-2022/ Wed, 01 Dec 2021 22:01:03 +0000 https://solidify.com/?p=3085 Fannie Mae, Freddie Mac to Back Home Loans of Nearly $1 Million The maximum size of home-mortgage loans eligible for government backing will jump to $970,800 next year in high-cost markets.   What does it mean? Because home prices have increased about 18% over the last year while demand stays high and inventory is low, […]

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]]> Cash Out Refinance or HELOC, Which is Right for You? https://solidify.com/cash-out-refinance-or-heloc-which-is-right-for-you/ Thu, 18 Nov 2021 18:12:10 +0000 https://solidify.com/?p=3075 Introduction “Should I do a cash out refinance or a Home Equity Line of Credit (HELOC)?”  This is one of the most common questions homeowners ask when they want to tap into their home’s equity. There are a number of reasons for each option like home improvements or life events. We want you to be […]

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]]> Why Not Paying Off Your Mortgage Could Be a Good Thing https://solidify.com/why-not-paying-off-your-mortgage-could-be-a-good-thing/ Mon, 08 Nov 2021 15:00:29 +0000 https://solidify.com/?p=3068 Early mortgage pay off is like eating an extra slice of cake every day; it sounds delightful at first, but comes with unintended consequences. There’s a reason the food pyramid exists, right? Sometimes too much of a good thing turns bad. Sure, paying off your mortgage early means you’ll save money several years down the […]

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