MegaStar Financial Corp Blog and Press
Delivering trusted insights, industry updates and press featuring MegaStar.
Weekly Mortgage Report - April 25, 2024
Discover the latest trends in mortgage rates, housing demand, and economic growth. Despite challenges like affordability and supply constraints, purchase demand remains steady while mortgage applications decline. Explore how the rebound in new home sales is affected by persistent shortages and potential obstacles posed by rising mortgage rates.
Weekly Mortgage Report - April 18, 2024
Mortgage rates continued their upward trend, surpassing 7% for the first time this year, as reported by Freddie Mac. Despite rising rates, mortgage applications increased by 3.3% according to the MBA. Meanwhile, U.S. retail sales exceeded expectations, growing by 0.7% in March. However, existing home sales dropped by 4.3% month-over-month, highlighting ongoing challenges in the housing market amid fluctuating interest rates. With home prices still rising, now might be an opportune time for sellers.
Weekly Mortgage Report - April 11, 2024
This week’s financial update examines the continued rise in mortgage rates and robust job growth. We explore how sustained inflation and Federal Reserve policies are affecting the mortgage industry, with recent CPI data signaling a complicated path to lower inflation. Additionally, strong job market reports underscore economic resilience, influencing monetary policy.
John Owens announced as the new Executive Vice President and Chief Strategy Officer.
With over 20 years in the mortgage industry, Owens brings a wealth of knowledge and an impressive record of success to Megastar. In his new role, he will drive sales growth, foster industry relationships, and demonstrate how modern lending solutions are game changers for lending teams.
Industry Veteran Cassidy O’Sullivan Joins Megastar Financial Corp. as Vice President of Growth
O’Sullivan will lead the next chapter of Megastar’s growth in the mortgage market and focus on building market share through recruiting and building strategic relationships.
MIKE ABERLE APPOINTED NEW PRESIDENT OF MEGASTAR FINANCIAL CORP.
America’s Most Trusted Mortgage Company, today announced that Mike Aberle has joined the company as President. Anita Padilla-Fitzgerald will continue in her role as CEO of Megastar Financial and Take3Technologies.
COLORADO & COMPANY
The Denver Housing Market
Colorado & Company interviews our founder and CEO, Anita Padilla-Fitzgerald, on industry updates that benefit 1st Time Homebuyers.