December 13, 2019Loan Officer, Origination
Four Reasons to Buy a Home Now
Homeownership has long been an essential part of the American dream. But it also is likely to be one of the biggest and most difficult financial decisions a person will make in their life. Here are four important reasons why right now may be the ideal time to buy. In addition, be sure to download and share the piece below.
Reason 1: Homeownership is a key to building wealth
According to the Federal Reserve Bank’s 2016 Survey of Consumer Finances, homeowners are—on average—46 times wealthier than renters.*
Reason 2: Enjoy more financial flexibility in retirement
Whether it’s building equity for later in life or to take out a line of credit for home improvements in the meantime, homeownership can give borrowers financial flexibility.
Reason 3: You do not need a 20% down payment
One of the biggest myths first-time home buyers encounter is that a 20% down payment is required. In reality, by taking advantage of PMI, borrowers can lock in historically low interest rates with a down payment as low as 3%.
Reason 4: There's never been a better time
Interest rates, currently down almost 40% from their post-housing bubble high of 6.48% in 2008, are at historic lows.
*Source: federalreserve.gov. https://www.federalreserve.gov/econres/scfindex.htm
Understanding the Next Generation of Homebuyers - The ABCs of Gen Y and Z
There is a new generation of homebuyers emerging in the market. What should loan officers and mortgage brokers know about this next generation of homebuyers?
Are you ready for the Great Rebound in Self-Employed Borrowers?
Are you ready for the Great Rebound in self-employed borrowers? In this infographic you will learn more on what's behind the great rebound in self-employment and more. Check out this infographic that provides statistics on the big resignation, the growth in remote working and the grow in gig work.
Meet the Faces of MI Operations
Leaders of Radian’s Mortgage Insurance (MI) Operations team share their insights on trends impacting the mortgage industry.
Bidding Wars, Cash Offers, Record High Prices: What You Need to Know
With bidding wars, cash offers, and record high prices, find out what you need to know about appraisal contingencies in today’s housing market.
Radian Technology in Action
Amid a global pandemic that has accelerated the demand and need for digital products and services, we are at the forefront, delivering new and better ways to manage credit risk and execute real estate transactions.
Working in 2021: Mortgage Lenders Speak Out
Radian polled executives and senior leaders within mortgage companies to share their evolving action plans, implemented responses, and their future plans for work environments.
Are You Ready for URLA Updates?
According to the GSEs, the new Uniform Residential Loan Application (URLA) is designed to enhance data quality, improve consistency and clarity, and strengthen the entire application process.
Meet the Radian Bots
Learn about Robotic Process Automation and the "bots" that assist Radian's operations teams.
Understanding New Appraisal Flexibilities
Radian and Freddie Mac discuss the latest changes in the appraisal industry as we navigate the impact of COVID-19.
What the New COVID-19 GSE Guidelines Mean for You
We have updated our processes to align with COVID-19 GSE announcements and temporary guidelines, and we broadly support borrowers through this hardship through our policies. Here's a closer look at the changes.