Consumers with high credit card debt today could become borrowers with a distinct buying disadvantage tomorrow. The total amount of credit card debt for American consumers is approaching $1 trillion. Wow, that is a big number! Since the pandemic has seemingly become endemic, there has been a surge in credit card debt in this country. …
Will Consumer Credit Card Debt Impact Mortgage Buying Power? Read More »
Acquisition to further power our industry-leading mortgage technology and support the company’s continued growth The recent news of OpenClose’s acquisition by MeridianLinkⓇ was welcomed with excitement by our valued employees and trusted partners. Additionally, our customers and prospects immediately understood the value of this acquisition. Soon, OpenClose will enable customers to leverage MeridianLink resources to …
Exciting Opportunities Ahead for OpenClose Customers as We’re Now Part of MeridianLink Read More »
One way to forget about rates, increase your likelihood of owning the home all while making the Fed’s job harder…bring cash to the closing table! With interest rates recently “hockey sticking” and inventory remaining low, a significant percentage of homebuyers are continuing to snap up properties with all-cash offers. In fact, last quarter such purchases …
Are All-Cash Home Purchases Keeping Prices Afloat in This Interest Rate Environment? Read More »