Five tips to help mortgage lenders succeed in 2025
Grow even in an uncertain interest rate environment.
Mortgage application volume in 2024 continued to be constrained by tight housing supply, rapid home price appreciation, and persistent high interest rates, putting pressure on financial institutions, like community banks and credit unions, to streamline their operations.
But while lower interest rates may take longer to arrive than previously thought, there is growing momentum in the housing market and now is the time for financial institutions to boost their readiness by planning ahead and enhancing their back-office operations.