Mortgage rates drop but still at 22-year high

Mortgage rates ticked down modestly after job openings data for July came out yesterday, but rates remain elevated. Freddie Mac‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.18% as of Aug. 31, dow
Read MoreA loan officer’s ultimate guide to appraisal modernization

In what is perhaps the most traditional sector of housing, change has arrived.However, a year after the GSEs announced new appraisal modernization solutions, as they’re more widely adopted, questions arise. How do the solutions work? Why do we need them? Who is eligible to take advantage of them? An
Read More7 Things Your Home Needs This Fall

Remember, the holidays are just around the corner, so it’s important to get your home in order in anticipation of all the fun and celebration.
Read MoreNexTier Bank to acquire Mars Bank

NexTier, the holding company of NexTier Bank, will acquire Mars Bancorp, the holding company of Mars Bank. Terms of the deal were not disclosed.The combined company and branch locations will operate under the NexTier Bank brand, both banks said in a release Thursday. With the acquisition, NexTier Ba
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