MegaStar Financial Corp Blog and Press

Delivering trusted insights, industry updates and press featuring MegaStar.

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.

OUTSTANDING WOMEN IN BUSINESS
Denver Business Journal

The Denver Business Journal interviews our founder and CEO, Anita Padilla-Fitzgerald, on both her success and how she has exponentially expanded the company’s business year over year.

ERNST AND YOUNG ENTREPRENEUR OF THE YEAR AWARD
Ernst and Young

The recognition and celebration of audacious entrepreneurs—such as our award-winning CEO—who work to build a more equitable, sustainable and prosperous world for all.

MEGASTAR CEO HELPS COLORADANS FIND A HOME
Denver Post

Our CEO discusses the various points she has recognized are key to helping people from all kinds of backgrounds find the success of owning their own home.

FOX BUSINESS NEWS HIGHLIGHTS MEGASTAR FINANCIAL
Fox News

MegaStar’s growing success in the mortgage industry is highlighted as Fox News brings our CEO on to discuss the benefits on building a business by focusing on establishing good relationships.

CO CORPORATE LEADERS LOOK AT DENVER POTESTER’S POV
Denver Post

Our CEO discusses the need for transparency and accountability from corporate leaders if there is to be any positive change for those against corporate greed.

MEGASTAR CEO - A ROLE MODEL FOR SUCCESS
Denver Business Journal

MegaStar’s founder carries a strong sense of pride about her family’s cultural background and the American ideal of hard work—two elements that have driven her success through the years.

OUTSTANDING WOMEN IN BUSINESS
3LF Entertainment

MegaStar’s CEO shares her inspirational life story, speaking on everything from the early years of her life to the founding and nurturing of the company into the successful corporation it is today.

“A good reason why you may want to offer below 5% is when you’re paying with cash (although companies who offer sellers cash for their home will typically offer 65% below market price).”

Publisher: HomeLight
Article: Is It Too Low? What Is Reasonable to Offer Below Asking Price
Link: https://tinyurl.com/2jp6kbmh

    1098 forms were mailed 1/26/2024. 

    If you have questions or need assistance with your 1098 form, please send your question to servicing@megastarfinancial.com.