June 20, 2024
Loan Officer, Mortgage Insurance, Servicing, Origination, Sales Tools, Homebuyer EducationExplore the Evolving Traits of First-Time Homebuyers
|
Buying a home has been a quintessential part of the American Dream for decades. According to Bankrate’s Financial Security survey1 in 2023, 74% of adults in the U.S. consider homeownership an important part of the American dream staying ahead of having children at 42% and a successful career at 61%. However, today's first-time homebuyer is not the same as previous generations. Economic and societal changes have led to a shift in priorities and behaviors when it comes to purchasing a home. In this infographic, we break down what today’s first-time homebuyer looks like to help provide insight into their behaviors.
|
 |
© 2024 Radian Group Inc. All Rights Reserved. 550 East Swedesford Road, Suite 350, Wayne, PA 19087. “Radian” is a brand of Radian Group Inc., including its licensed insurance affiliates. Mortgage insurance provided by Radian Guaranty Inc., a wholly owned subsidiary of Radian Group Inc. This communication is provided for use by real estate or mortgage professionals only and is not intended for distribution to consumers or other third parties. This does not constitute an advertisement as defined by Section 1026.2(a)(2) of Regulation Z.
Beyond the Rate Drop: Helping to Future-Proof Your Lending Strategy
The recent drop in interest rates may lead to an influx of purchase and refi volume for lenders. With this shift on the horizon, learn more about positioning yourself to meet customer needs and help borrowers at scale through proper use of technology and innovative solutions.
Homebuying Trends in the United States
Discover the state of homeownership in the US, including the significant disparities across racial and ethnic lines and the challenges that homebuyers face. Learn about the importance of addressing these disparities and creating more equitable pathways to homeownership for building wealth and ensuring accessibility for all.
Debunking 7 Common Mortgage Myths
The homebuying process can be exciting, but it can also be overwhelming, especially when it comes to mortgages. There's a lot of information out there, but not all of it is accurate. In this article, we debunk some common mortgage and PMI myths to help borrowers make better informed financial decisions.
Loan Officers' Social Media Checklist: Best Practices to Help Build Your Brand
Loan officers can benefit from social media to connect with potential borrowers, build their brand, and establish themselves as a reliable authority in the mortgage industry. Optimizing social media profiles and posting strategies can attract new business and create lasting relationships with borrowers and business professionals. Check out our checklists to get started!
5 Tips for REO Disaster Planning
Read about preventative measures you can take to minimize damage and recover quickly when a natural disaster impacts your properties.
The American Dream of Homeownership Starts with Financial Literacy
As we celebrate National Financial Literacy month this April, it’s a reminder of the important role that financial literacy plays in preparing for the homebuying journey. Learn more about financial literacy for homebuyers.
Preparing to Buy or Sell a Home in the Spring
Spring is the busiest season in real estate, with warmer weather and blooming flowers highlighting a property's best features, and buyers prioritizing home tours before family obligations. Take a look at our checklists to help buyers and sellers prepare for the upcoming busy market.
4 Simple Steps for Loan Officers to Build Lasting Relationships in 2024
Using these 4 Simple Steps, Loan Officers can help their elevate business and redefine success in 2024 by building strong relationships with real estate agents, prior clients, local community organizations, and other trusted service providers.
The Millennial and Gen Z Homebuyer
Recognizing and understanding behaviors of Millennial and Gen Z homebuyers can empower loan officers and real estate agents to engage these distinct generations of homebuyers.
Radian Launched Affordable Housing Crisis White Paper
Learn more about how increasing mortgage rates, skyrocketing home costs, and a lack of supply in the market have left many wondering if they will ever be able to afford a home.