Every day, #TeamloanDepot strives to help responsible borrowers achieve their dreams. But we are also dedicated to improving the quality of life for the people in the communities in which we live and work.
The average 30-year fixed mortgage rate declined slightly leading up to the Thanksgiving holiday, according to Freddie Mac’s Primary Mortgage Market Survey. The average 30-year fixed rate mortgage hasn't risen above 4 percent since July, which is helping homebuyer affordability in the face of rising house prices due to low levels of inventory in many markets.
For Dan Hanson, every day is filled with exciting positives, both for imortgage borrowers and for the imortgage associates who provide lending support.
Rates were largely unchanged this week after two straight weeks of sharp increases as analyst expectations turned from world events to the Federal Open Market Committee's (FOMC) October minutes. Persistent expectations that the Federal Reserve will raise its key rate next month were
Recent market conditions for IPOs and the companies vying for their unicorn status have generated a lot of interest, to say the least. In fact, they're dominating conversations among investors, business leaders and in the media. loanDepot, a unicorn startup that has surpassed the $1 billion valuation, is one of the very few success stories not from Silicon Valley.
At loanDepot, behind every loan you’ll find a team of associates hard at work to deliver the best possible lending experience. And, as the nation’s second-largest nonbank retail lender – and growing – it comes as no surprise that #TeamloanDepot also continues its month-over-month exponential growth. This month alone, our team has grown by more than 125.
Unexpectedly strong jobs growth had a negative effect on mortgage rates this week, driving rates on fixed and adjustable loans up 6 basis points, according to Freddie Mac’s Primary Mortgage Market Survey. The report raises high expectations even higher that the Federal Reserve’s Open Market Committee will take action to increase interest rates at its December meeting.
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