As the years come and go, so do trends in fashion, food, technology and business. From
bell bottoms and fusion cuisine to social media and webinars, we usher in new trends
and bid farewell to old ones year in and year out. In the fashion industry, staying on top
of trends can help a designer beat the competition to market with a new line of clothes,
which can mean the difference between ruling the market and getting trampled by it.
In the mortgage industry, tracking trends is just as important. It takes time to change
your focus from refinancing to purchase, for example, so determining when interest
rates will rise can help originators prepare in uncertain times. What trends might come
into fashion in 2017 that will have an impact on the mortgage industry? Let’s see if we
can unzip the future and take a look. >>
By Greg Holmes
National director of sales and marketing
Credit Plus Inc.