Welcome to AmNetDirect.com, your trusted partner in navigating the world of VA home loans in California. With our expertise and personalized service, we make homeownership accessible and rewarding for veterans, active-duty service members, and military spouses. Enjoy the benefits of zero down payment, no PMI, competitive interest rates, and flexible credit requirements. Let us guide…
Navigating a Seismic Shift: Mortgage Demand Plummets to a 27-Year Low
In a turn of events that has left real estate experts and economists both surprised and searching for explanations, mortgage demand in the US has spiraled down to levels unseen since 1996. It is imperative, at this juncture, to delve deep into the trends, data, and potential consequences of this significant decline. So, let’s unfold…
Brian Beland: Pioneering Excellence in the Loan Service Industry
In an ever-fluctuating financial environment, it is increasingly crucial to collaborate with professionals who have a profound understanding of market dynamics and a genuine dedication to client satisfaction and welfare. Standing tall among the elite cadre of loan officers who embody these virtues is none other than Brian Beland. With a career stretching over twenty…
Navigating the Mortgage Market: A Glance at Surging Interest Rates and Projections for 2024 and 2025
The recent trajectory of the mortgage market has given potential homebuyers and investors much to mull over. The focal point of discussions is inevitably the escalated interest rates, which have soared to their highest levels since 2001. This dramatic shift in the landscape prompts a closer analysis of the current market conditions and projections for…
Only 16 mortgage lenders and brokers have secured positions on the Inc. 5000 list for the year 2023
Reflecting the challenges faced by the housing industry, a mere 16 mortgage lenders and brokers have secured their positions on the annual list of Inc. Magazine’s 5,000 fastest-growing private companies in the U.S. for the year 2023. This marks a significant drop from the previous year, 2022, when almost 70 mortgage lenders and brokers were…
Landmark Verdict: Jury Awards $612 Million to Fannie and Freddie Shareholders
In a momentous legal decision, a jury has awarded $612 million to shareholders of Fannie Mae and Freddie Mac, two of the United States’ largest mortgage finance companies. This verdict has sent ripples throughout the financial and legal landscapes, underscoring the complex relationship between government intervention, shareholder rights, and the broader implications for the housing…
Market Review: Volatility Sparks In Response To Crucial Inflation Data
The Week of August 14th, 2023 This week’s market review highlights the impact of crucial inflation data on market volatility, as well as the opportunities presented in homeownership. Read on for more insights. Is Consumer Inflation Resurfacing? The Consumer Price Index (CPI) for July indicates a 0.2% rise in inflation, slightly below estimates. However, on…
American Mortgage Network: A Remarkable Journey from 100% Employee Ownership to Inc. 5000 Ranking.
Introduction In the dynamic landscape of the American financial industry, where businesses constantly strive to make their mark, one company has risen to the occasion with an inspiring story of success and collaboration. American Mortgage Network, a national mortgage lender, has not only secured its position on the prestigious Inc. 5000 list but has also…
US Plans $103 Billion Debt Sale
In July, US companies surpassed expectations by adding a higher number of jobs, showcasing the ongoing resilience of the labor market. According to the ADP Research Institute in collaboration with Stanford Digital Economy Lab, private payrolls increased by 324,000 last month, exceeding all estimates in a Bloomberg survey of economists. The job gains were quite…
Your Guide to the July Mortgage Market: Key Highlights and Insights
The U.S. economy has demonstrated resilience in the face of rising interest rates, growing at its long-run average rate of 2% during the first quarter of 2023. The labor market remains robust, with unemployment below 4% and an increase in labor force participation for the 25–54-year-old age group. However, the housing market has been impacted…