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Exciting Mortgage Industry Update for Signing Agents: Refinance Boom in 2024!

12/28/2023

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The mortgage industry is experiencing some significant changes, and you'll want to be well-informed and prepared to seize the opportunities that lie ahead.

Watch this quick market update: 

​Mortgage Rates Dip Below 7%: Biggest Drop This Year!

Just 60 days ago, mortgage rates were standing at 8%.

Fast forward to today, and we've witnessed a substantial 1-point drop in interest rates, with rates now dipping below 7%.
​

This is truly epic news for both notary signing agent professionals and those looking to enter this field in 2024.

​Real-Time Interest Rate Adjustments

​What makes this development even more remarkable is the real-time nature of these interest rate adjustments.

You might be hearing about the Federal Reserve's plans to cut interest rates multiple times in the coming year.

Well, in the mortgage industry, you don't have to wait for those anticipated cuts – interest rates are already on the decline.

​It's happening right now, as you read this.

Awareness is the Key to Growing Your Business

​The first step towards taking advantage of this exciting opportunity is awareness! 

I want to make sure that you are well-informed about this market trend.

Mortgage applications are on the rise, and interest rates are steadily decreasing. 

So, it's crucial to stay in the loop and understand the benefits of this when it comes to your notary signing agent business.

​Seize the Moment: Go All In on Your Business

​Now, the big question is, what are you doing about it? 

Are you fully committed to scaling your notary business? 

Here's why you should be: millions of homeowners across the nation secured mortgages at rates of 8%, 7%, or even 6%. 

As these interest rates continue their downward trend, the floodgates for mortgage refinancing are opening wide.

Refinance Signing Opportunities Await

Every homeowner with a higher interest rate is going to consider refinancing in 2024.

How much of this refinancing industry boom you can tap into depends on the actions you take today. 

It's the perfect opportunity to expand your notary signing agent business, as the demand for your services is likely to increase.

Concluding Message

​In conclusion, the mortgage industry is undergoing a transformative shift, with interest rates dropping in real time and it's important that you keep yourself updated of these changes.

The future is bright for those who are willing to go all in on their business NOW.

So, make sure you're prepared, informed, and ready to embrace this exciting time in the mortgage industry.

Stay motivated and keep pushing forward.

The mortgage industry is ripe with opportunities, and with the right knowledge and dedication, you can significantly grow your notary signing agent business.

Remember, your success is in your hands.

Take action today and make the most of this refinance boom. For those of you considering becoming a notary signing agent, there's no better time to start than now.

With the Loan Signing System course, you'll gain all the necessary knowledge to kick-start your journey in this lucrative industry.

Don't wait - get started with the LSS course today!
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    About the Author

    Mark Wills is a Forbes Real Estate Council member, Loan Signing System Course Instructor & mentor to over 10,000 notary public business owners, and the National Notary Association's Influencer of the Year!​

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© 2016-2025 Loan Signing System, LLC. All rights reserved.  Loan Signing System is a comprehensive step-by-step course created to help notary publics become expert loan signing agents. Loan signing agents can make $75-$200 per appointment and an appointment for a well trained loan signing agent can take about an hour. 

Loan Signing System seeks to provide relevant training to help loan signing agents learn how to complete a loan signing, how to get more loan signing jobs / appointments, and how to build a loan signing service. This training is not intended as legal advice or state / federal notary public / notary signing agent training. ​Check with your state to be sure that loan signing agents are utilized in the closing process. Always follow your state's notary laws and best practices. Unless explicitly stated, Loan Signing System is not sponsored by, endorsed by, or affiliated with any company referenced herein. No guarantees, promises, or warranties of any kind are being made or should be understood to be made. Results may vary. ​Our courses come with a 100% money-back guarantee. 
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