Prepare for Home Buying in a Seller's Market
The mortgage industry has experienced significant changes in recent years – some mandated by the federal government in the form of new regulations. Other changes have been brought on by cultural behaviors of homebuyers or technological advancements. However, the primary factors contributing to mortgage activity remain constant: the health of the economy, mortgage interest rates and the availability of homes for sale. So, what’s the status of mortgage activity in Bank SNB markets?