Finding success in the world is never easy. Each of us must overcome various obstacles and challenges to achieve our goals and find success. This includes internal challenges that affect us on a personal level and external challenges that require us to adapt to different situations.
The current pandemic has introduced many hurdles that we must all overcome in our own way. Such difficulties can leave us feeling weighed down and exhausted. So it is vital to remember that an attitude of gratitude can help us make progress through such periods.
An attitude of gratitude entails making a conscious effort to be thankful and appreciative in each part of your life. Such an attitude improves your life outlook and leads to success. With this in mind, there is no shortage of reasons to be grateful as a member of the burgeoning real estate mortgage industry.
How the Mortgage Industry Trudged Through COVID-19
The COVID-19 pandemic has shaken up industries worldwide in a manner that overshadows any other event in recent memory. It created external challenges for millions of individuals and businesses across the globe and will continue to affect us for years to come. The good news is that the mortgage industry has remained resilient in the face of this global catastrophe.
Reports show that the mortgage industry outperformed several other historically better-performing industries. According to FOXBusiness, the Federal Reserve reduced the mortgage interest rate in March 2020. These low rates encouraged greater purchases and helped mortgage buyers with refinancing.
See some key statistics regarding mortgage rates and sales transactions below:
The mortgage rate dipped below 5% during the pandemic, thereby facilitating increases in mortgage demand during this period. Such statistics have helped reaffirm our optimism about the mortgage industry in the coming years.
Maintaining an Attitude of Gratitude in the COVID-19 Era
We certainly do have lots to be grateful for during the COVID-19 era. For example, working from home allowed us to spend more time with our family and friends. We were able to enrich our personal lives without compromising on our careers. Much of this is thanks to modern technology that enabled us to stay connected virtually.
The Emerging Role of Women in the Mortgage Industry
I am grateful to see women gaining traction and prominence in the mortgage sector. Diversity is invaluable in the mortgage industry as it helps employees receive equal rights and opportunities.
This diversity also contributes to our success with our customer base and helps build long-lasting relationships between mortgage lenders and borrowers.
In 2022, I will continue leading the trend of providing women with opportunities to succeed in this growing industry.
Commitment to Inclusion and Diversity in the Mortgage Industry
We remained committed to inclusion and diversity in 2021. One of our core developments was to partner with The National Association of Minority Mortgage Bankers of America in January. We chose this partnership as a way to assist minority brokers and others from underserved communities. We hope to continue creating opportunities for such communities as we move into 2022.
Awards and Achievements
I am also honored to have been recognized by major mortgage industry organizations. As a business owner and mortgage enthusiast, it is reaffirming to have received so many awards from distinguished organizations. This recognition inspires me to continue creating an inclusive space for others at People’s Processing. I hope to live up to the high standards set by my industry peers.
Sharing My Experience With the World
The last year has held no shortage of surprises. The challenges that came and went, and those that continue to persist have taught me much about myself and the world around me. I am grateful to have had the privilege of sharing my experience with highly-esteemed publications in the industry. My articles have been featured in the leading publications covering the mortgage industry, over the last year, including MortgageOrb.
All in all, 2021 was a wonderful year, and I would like to extend my heartfelt gratitude to all those who featured my story. I would like to wish you, your family, and your business success this New Year. May your 2022 be characterized by an attitude of gratitude.
Sam Verma is the CEO at PrivoCrop and is a mortgage industry veteran of 25+ years of experience.
This article was published here: https://mortgageorb.com/its-wonderful-to-have-an-attitude-of-gratitude