Tag Archives: mortgage

Mortgage originations down at start of 2016

There was a drop in mortgage applications in the first 3 months of 2016. RealtyTrac data shows that there were 1.4 million mortgage originations on residential properties (1 to 4 units) in the US, down 12 per cent from the … Continue reading

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Getting ready for the Millennial Mountain

Are mortgage lenders ready for the millennial mountain? The company whose software processes almost a quarter of US mortgage applications says that a mountain of young American homebuyers is about to enter the market. Ellie Mae has just launched its … Continue reading

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Rise in Mortgage Applications!

Mortgage apps jump 10 per cent Mortgage applications jumped in the week ending April 8 according to the Mortgage Bankers’ Association. Its Market Composite Index was up 10 per cent on both an un-adjusted and seasonally-adjusted basis compared to the … Continue reading

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Are lenders misleading borrowers?

National Mortgage News recently spotlighted ways some mortgage originators unintentionally –or intentionally — mislead borrowers. Here are a few things to be on the lookout for. 1. The big deal. Lenders violate the Consumer Financial Protection Bureau rules if they advertise … Continue reading

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Are you using direct mail?

Is direct mail dead? Many people might say yes; after all, electronic communications are instantaneous – and there’s no postage to worry about. But that doesn’t mean you should abandon direct mail entirely. According to Zach South, president of Best … Continue reading

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100% financing is back

It took a while, but it seems one of the products often blamed for contributing to the housing collapse is back. A California-based credit union has announced the release of its 100% financing mortgage product. “We were seeing too many … Continue reading

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Mortgage Applications on the Rise

Mortgage applications higher last week Mortgage applications for the week ending Dec. 4 increased according to the latest data from the Mortgage Bankers Association. The Market Composite Index increased 1.2 per cent on a seasonally adjusted basis from one week … Continue reading

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Wait….Before you sign that….

We all need to borrow money in order to purchase our homes, hardly anybody pays cash for such a large purchase, which means we need a mortgage. But there are several questions you should ask before you sign that mortgage … Continue reading

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Ever considered a Interest Only Payment ?

Loan providers truly want your business and are prepared to create attractive loan solutions to get it. Sometimes, loan companies will offer you adjustable rate mortgages. These loans are usually offered to you with an incredibly low initial rate of … Continue reading

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Eight Questions to Ask Your Mortgage Broker

Buying your first home can be both an exciting and stressful experience. Your home represents a huge financial investment and you want to be sure that you’re making the right decision for yourself and your family. If you’re considering buying … Continue reading

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