"Now did you read the news today. They say that danger's gone away." Land of Confusion by Genesis. Our Federal Reserve has a dual mandate - to maintain price stability (inflation) and maximum employment. They also have a 3rd "unstated&
Oct 19, 2018 | Mortgage News
I once heard the expression, "Communication is the lubrication in your organization." That couldn't be truer, especially in the world of business. You simply can't over-communicate when dealing with clients. I find that the best way to e
Oct 17, 2018 |
Most people don’t need to be told that buying a home is a big deal. Between a down payment, closing costs and being saddled with a sizable loan that’s going to take a while to pay off, there’s going to be a lot of cash flowing from the b
Oct 17, 2018 | Mortgage Basics
The amount of available home equity has recently hit all-time highs, meaning now is a great time to tap into your home’s value with a home equity line of credit (HELOC). These are revolving accounts that allow you to draw out money for anything from
Oct 17, 2018 | Interest Rates
U.S. home sales dropped 11.6% in September from the previous year, according to the RE/MAX National Housing Report. At the same time the median sales price rose 5.6% to $241,000, the 30th straight monthly increase in year-over-year prices. Available inven
Oct 16, 2018 | Mortgage News
Until the interest rate is locked, the credit you receive (or the price you pay) for an interest rate can change minute by minute. Once your interest rate is locked, as long as your loan closes within the allocated lock period, your interest rat
Oct 12, 2018 | Interest Rates Mortgage Basics