Morty has announced the latest expansion of its marketplace as it continues to meet the affordability needs of today’s homebuyers. Morty’s marketplace now offers FHA loans, providing customers with access to more flexible down payment and credit score requirements. This expansion reflects the evolving needs of homebuyers and advances Morty’s mission to be a single […]
quick close advantage
What the ‘new normal’ means for buyers
August 5, 2022. What the market’s ‘new normal’ means for buyers. Mortgage rates dipped slightly even after the Fed raised interest rates again last week – further illustrating that the market is driven by a range of macroeconomic factors (and not solely by inflation).
Buyer power shifts as affordability falters
July 15, 2022. Last month, nearly 15% of purchase agreements in the U.S. fell through before closing – a possible signal that buyers are gaining more negotiating power amid the market slowdown.
Shrinking average mortgage indicates opportunity, but not falling prices
July 8, 2022. Rates are volatile this week, heading up mid-week after dropping for two weeks in a row on the heels of some positive inflation data.