Getting a mortgage loan is very easy! Isn’t it great how you can go to a car dealership, test drive a few cars, pick out the one you want, and drive it home that same day? You can’t do that with a new house.
Should you talk to a S. I. Mortgage Group professional before house hunting?
Absolutely! Even if you haven't so much as picked out houses to visit yet, it's important to see your mortgage professional first.
The Federal Reserve announced Wednesday that its Federal Funds Rate would remain unchanged for now. The Washington Post reports that up to that point, mortgage rates had remained fairly steady, and the news comes too late to be [read more...]
There are a lot of little missteps by home buyers that actually hurt their chances in the mortgage pre-approval process. The LA Times interviewed two lending experts, a mortgage advisor and a senior loan officer, to learn some common mistakes and how[read more...]
Strong buyer demand is behind a 4.2% increase in total mortgage applications, with a wave of post Labor Day homebuyers pushing the change. The Mortgage Bankers Association reports (via CNBC) that:
Unlike during much of the summer, application volume[read more...]
Michael Scarimbolo- Branch Manager via Total Mortgage Services
Billionaire investor Warren Buffett today said he sees strength ahead for US economy and predicts US consumers will not see current mortgage rates “for years to come.”