Mortgage Resources versus a Personal Touch

Mortgage Resources versus a Personal Touch

While in our digital age online home purchasing is, in fact, becoming more of a reality, homebuyers much prefer the personal touch of interacting with real estate agents and loan officers. Personal interactions with real estate professionals are still of upmost importance to homebuyers in today’s real estate market, despite the options that the digital age offers them. 

According to housingwire.com, “A new report from the Fannie Mae Economic and Strategic Research Group shows buyers do, indeed want more online resources during their mortgage-shopping experience. A survey showed respondents want to use mobile devices nearly twice as often in the future…however, that does not mean they place less value on real estate professionals and other person-to-person interactions, the survey showed.” 

The research revealed that homebuyers viewed personal interactions – not online resources – as most influential. Mortgage lenders, real estate agents, and sometimes family and friends were all considered more reliable and dependable than online sources. 

Even though homebuyers value their personal interactions more than they do online information, that does not mean they neglect online information altogether. The survey above revealed that 77% sought out information from their real estate agent, 75% asked mortgage lenders and 69% researched the information online. 

There is a large demand for online resources to remain competitive in today’s market. According to Fannie Mae, real estate professionals still need to include an online element with the services they provide. 

This is a tidbit from my weekly newsletter. I try to help everyone maximize their net worth by providing up-to-date information on a variety of subjects pertaining to financial/real estate markets. If you want to receive the full version of my weekly newsletter send me an email with your home zip code in the subject line, send to:

?JSimms @ CenturyMortgage.com  

Jim Simms NMLS 6395. Equal Housing Lender. Century Mortgage Company d/b/a Century Lending Company, NMLS 3925. This is not a commitment to lend. Program availability based upon individual circumstances.  

Sources: housingwire.com 

www.centurymortgage.com/cmcsm #cmcsm

要查看或添加评论,请登录

Jim Simms的更多文章

  • Freddie Mac's Housing Outlook

    Freddie Mac's Housing Outlook

    I received an email this week from Freddie Mac highlighting the results of their first quarter pulse survey. They focus…

  • HECM 4 Purchase

    HECM 4 Purchase

    A Radical Shift in Buying Power for Baby Boomers, using an FHA-HECM mortgage to purchase a home! The first draft of…

  • Un-Conventional Financing - Expanded Credit

    Un-Conventional Financing - Expanded Credit

    Using Un-Conventional Financing to overcome low credit scores, timelines on foreclosures, bankruptcies, mortgage late…

  • Un-Conventional Financing for Investors

    Un-Conventional Financing for Investors

    Financing rental properties with little or no documentation This is the third article in a series of seven discussing a…

  • Un-Conventional Financing for Self Employed Borrowers

    Un-Conventional Financing for Self Employed Borrowers

    Self-Employed Homebuyers find help buying their dream home using Un-Conventional Non-QM Mortgage Loans In the last…

  • Un-Conventional Financing for Un-conventional Circumstances

    Un-Conventional Financing for Un-conventional Circumstances

    Introducing some un-conventional methods of mortgage financing for today's market. The fastest growing segment in the…

  • Day 1 Certainty - A Breakthrough in the Mortgage Industry

    Day 1 Certainty - A Breakthrough in the Mortgage Industry

    Fannie Mae's new Day 1 Certainty innovation is a major breakthrough that will help many homebuyers in the Louisville…

    1 条评论

社区洞察

其他会员也浏览了