15 Jun 2023 6/15/2023 I want to take you back 18 months when interest rates were in the low 3’s. Yes, that was only 18 months ago, but it seems like a lifetime. If interest rates remained in the 3’s, we would have never seen the summer pullback last year when rates went to 7+%! We would have never […] Share on Facebook Share on Twitter
13 Jun 2023 6/13/23 – Fire Insurance I am getting a lot of inquiries and concerns about insurance and wanted to get you a few quotes on different properties we are doing loans on or insurance agents I know have quoted lately! Yes, rates have increased, but people are still writing in most areas. I am not an insurance expert, but I […] Share on Facebook Share on Twitter
8 Jun 2023 6/8/2023 – Payment or Price? What matters ... We have seen a mini-surge of listings in the past week, and things are not moving as quickly. I get that your seller thinks that it is a sellers’ market, and it is, but with higher rates, things change a bit. We went through this last year when rates were a little higher than they […] Share on Facebook Share on Twitter
6 Jun 2023 6/6/23 – Minimum Credit Requirements I have seen some poor credit come across my desk lately, and please understand that it doesn’t have to be the end of a deal. Every loan product has guidelines, and even when a person doesn’t meet them, we will work with the buyer to ensure we can get them approved at some point in […] Share on Facebook Share on Twitter
1 Jun 2023 6/1/2023 – Technology to get you business We have seen an increase in great technology products helping real Estate Agents and Loan officers nationwide. Two of the products that I use and are particularly helpful are Homebot and List Reports, and both are for different reasons. List reports is 100% free to the agents, and Homebot is free to agents up to […] Share on Facebook Share on Twitter