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JP Kelly

Is an Adjustable-rate Mortgage the Cure for Today’s Homebuyer Blues?

Is an Adjustable-rate Mortgage the Cure for Today’s Homebuyer Blues?

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The recent announcement from the Federal Reserve that they raised The Fed Fund Rate by 25 basis points has been part of what refueled borrowers’ interest in adjustable-rate mortgages (ARMs), along with the rising mortgage rate environment. The volume of ARM mortgage applications increased for the third straight week last week, according to the Mortgage …

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Exciting Opportunities Ahead for OpenClose Customers as We’re Now Part of MeridianLink

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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 »

Are All-Cash Home Purchases Keeping Prices Afloat in This Interest Rate Environment?

Are All-Cash Home Purchases Keeping Prices Afloat in This Interest Rate Environment?

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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 »