There are a variety of factors that affect mortgage rates. Mortgage rates are tied to the fed rate, but they are also affected by supply and demand. At a time that home sales are high, mortgage rates may creep up, while sluggish home sales may prompt financial institutions to cut mortgage rates. Because the majority [...]
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Current Mortgage Rates and How They Affect Home Sales
Posted by admin on December 26th, 2009
Posted in Articles 
Tags: Affect, Converse, Credit Scores, Current, Current Mortgage Rates, Economic Principles, Fed Rate, Financial Institutions, Fixed Rate Mortgages, home, Lending Institutions, Loan Application, Low Mortgage, Lower Mortgage, mortgage, Mortgage Mortgage, Mortgage Rate, Peo, President Of The United States, Prospective Home Buyer, rates, Rates Mortgage, S Market, Sales, Sub Prime Lending, Supply And Demand, They 
No Comments »Residential Mortgages (part 1)
Posted by admin on December 19th, 2009
Choosing a residential mortgage in today’s market can seem like a daunting task. The borrower can be faced with a myriad of choices. Each lending institution presents their respective claims to the enquiring borrower in an attempt to entice them to use their residential mortgage product. Each one assures the borrower that their product is [...]
Posted in Articles Tags: Aig, Bad Credit History, Borrowers, Canada Mortgage And Housing, Canada Mortgage And Housing Corporation, Cmhc, Daunting Task, Genworth, Genworth Financial, High Ratio, Insurer, Lending Institution, Lending Institutions, Mortgage Product, Mortgages, Own Resources, part, Residential, Residential Mortgage, Residential Mortgages, S Market, Typical Fees, Verifiable Income No Comments »Mortgage Brokers are Needed More Than Ever
Posted by admin on December 15th, 2009
In today’s market banks and mortgage lenders are being extremely cautious about which loans they approve. Real estate values are dropping and foreclosure rates are rising, and many banks are dropping out of the mortgage business all together. Gone are the days when banks could sell their loans on Wall Street, reload, and do it [...]
Posted in Articles Tags: Bad Brokers, Bad Reputation, Columnist, Distinct Personality, Foreclosure Rates, Good Ole Days, Handcuffs, Headline News, Indispensible Service, Mortgage Brokers, Mortgage Business, Mortgage Lenders, Personalities, Real Estate Values, S Market, Service Brokers, Time And Money, Underwriters, Uniqueness, Working Relationships No Comments »Rent Or Buy – Ask A Mortgage Broker
Posted by admin on December 11th, 2009
Mortgage brokers are more important in today’s market than ever before.Without good advice, losing your home to banks carrying out repossession is a strong possibility and this is where mortgage brokers should come into their own.Losing a job or the break-up of a relationship are the most common causes of repossession but for many reasons [...]
Posted in Articles Tags: Average Mortgage Interest Rate, Bad Advice, Break Ups, Council Of Mortgage Lenders, Financial Situation, Good Advice, Home Ownership Statistics, Home Value, Interest Only Mortgage, Losing A Job, Monthly Mortgage Payments, Mortgage Broker, Mortgage Brokers, Mortgage Interest Rate, Renting A Home, Repayment Mortgage, Repayments, Repossessions, S Market, Ups No Comments »Top 3 Ways Mortgage Brokers Can Stay on Top of Their Game
Posted by admin on October 11th, 2009
It’s no secret that our place in the current real estate market is at a steady decline. Refinances are proving to be more difficult to obtain due to stricter lender policies. The purchasing and selling of properties is stagnant because although it is a buyer’s market; buyers taking the bait are few and far between. [...]
Posted in Articles Tags: 3 Ways, Brokerages, Current Real Estate, Customer Relations, Down Time, Mortgage Broker, Mortgage Brokers, Prospective Buyers, Ramquest, Real Estate Professionals, Refinances, Rock Bottom, S Market, Search Inquiry, Software Program, Steady Decline, Taking The Bait, Three Steps, Title Commitment, Windows Based Software No Comments »