The market is steady this morning. Crude Oil has dropped a small amount but the chaos in Libya is still ongoing. MORTGAGE TIP OF THE DAY: Beginning tomorrow, we are allowed to register loan … [Read more...]
Columbus Mortgage Rates: Yawn!
February 25, 2011 By Leave a Comment
Chaos still is going on it Libya and because of that no movement against us in the mortgage market. MORTGAGE TIP OF THE DAY: When having a property appraised for a loan, FHA requires the … [Read more...]
Columbus Mortgage Market
February 22, 2011 By Leave a Comment
Money today is flowing from unsafe harbors such as the stock market to safer harbors such as mortgage backed securities. Because of this too much money came in lowering mortgage … [Read more...]
Columbus Mortgage Rates: Little smile!
February 15, 2011 By Leave a Comment
Everything seems to be holding on rates this morning. MORTGAGE TIP OF THE DAY: Beginning April 18, 2011, the FHA premium that is in the payment will increase from .90% to 1.15%. Another … [Read more...]
Columbus Mortgage Rates: Yawn!
February 11, 2011 By Leave a Comment
The market is holding today. Not much happening to affect mortgage rates. Today is the last day of “Safety Tips” I hope you found those interesting and helpful. We want to keep you all alive. … [Read more...]
Columbus Mortgage Market: Hmmmm!
February 7, 2011 By Leave a Comment
The market is way against us this morning from last Friday’s unemployment rate. Someone emailed me a few safety tips that I found interesting and useful. I thought I would share them with you … [Read more...]
Columbus Mortgage Market: Nice week, huh?
February 4, 2011 By Leave a Comment
Unemployment came out this morning and it was better than expected. That made rates jump up this morning almost .125% on 30 years fixed. It didn’t affect 15 year, FHA, or Jumbo. Someone … [Read more...]
Columbus Mortgage Rates
February 3, 2011 By Leave a Comment
Everything stayed the same this morning. Things are still in ciaos in Egypt. Someone emailed me a few safety tips that I found interesting and useful. I thought I would share them with you over … [Read more...]
Columbus Mortgage Market: Almost getting boring
January 27, 2011 By Leave a Comment
The market improved yesterday afternoon but this morning it got worse so we back to where we started from yesterday morning. MORTGAGE TIP OF THE DAY: FHA requires we send a verification of rental … [Read more...]
Columbus Mortgage Rates
January 20, 2011 By Leave a Comment
The market improved yesterday afternoon but not enough to make rates go down an .125%. THINK ABOUT THIS!!! Health nuts are going to feel stupid someday, lying in hospitals, dying of … [Read more...]
Columbus Mortgage Market: Dang!
January 19, 2011 By Leave a Comment
The market went against us this morning to make rates increase by .125%. THINK ABOUT THIS!!! Some people are like a slinky….not really good for anything but you still can’t help but smile … [Read more...]
Columbus Mortgage Rates: To me this is a smile
January 18, 2011 By Leave a Comment
The market is moving against us this morning but not enough to make rates go up by .125% THINK ABOUT THIS!!! Give a person a fish and you feed them for a day, teach a person to use the internet … [Read more...]
Columbus Mortgage Market: Hmmmmm!!
January 17, 2011 By Leave a Comment
All the U.S. markets are closed today. The rate changes we are getting reflect the activity Friday afternoon. The bank is closed today but I am ALWAYS open. Feel free to call my cell which is my … [Read more...]
Columbus Mortgage Rates: Geez Louise!
January 14, 2011 By Leave a Comment
The market is way in our direction. The consumer price index came out this morning and it was worse than was expected. Bad economic news makes mortgage rates go down. THINK ABOUT … [Read more...]
Columbus Mortgage Market
January 13, 2011 By Leave a Comment
The market had a slight improvement yesterday afternoon into this morning. THINK ABOUT THIS!!! Bakers trade bread recipes on a knead-to-know basis. MORTGAGE TIP OF THE DAY: The question … [Read more...]
Columbus Mortgage Market: happy!
January 11, 2011 By Leave a Comment
The market has held this morning. Reports show financial trouble in Portugal helping out the US markets. THINK ABOUT THIS!!! A midget fortune-teller who escapes from prison is a small medium at … [Read more...]
Columbus Mortgage Rates: It’s about time!
January 10, 2011 By Leave a Comment
Back in our favor this morning!!!! THINK ABOUT THIS!!! He had a photographic memory that was never developed. MORTGAGE TIP OF THE DAY: The question keeps coming up as to the difference … [Read more...]
Columbus Mortgage Market
January 6, 2011 By Leave a Comment
The roller coaster keeps on going. Yesterday afternoon was a terrible time but things have calmed down and recovered this morning…net result, NO CHANGE. THINK ABOUT THIS!!! A lot of money is … [Read more...]
Columbus Mortgage Rates: Yawn!!
January 3, 2011 By Leave a Comment
This morning’s new addition to my email is “Life Little Instructions”. This is an introspective instruction on things we should do to help get us through life better. I hope this … [Read more...]
Columbus Mortgage Rates: Pick your villian!
December 16, 2010 By Leave a Comment
With rates increasing over 1% over the past month, the big question is WHY? It appears the big boys with the money are feeling more confident that the bad times are coming to an end and they feel … [Read more...]
Columbus Mortgage Rates: Nice way to start out a Monday!!
October 18, 2010 By Leave a Comment
How will the mid term elections affect the economy? How will the results of that election make investors and business owners feel? Will the economy start turning around and rates start going up? … [Read more...]
Columbus Mortgage Market: Hmmm!
September 10, 2010 By Leave a Comment
Positive economy news in China caused our markets to increase in hopes of increased sales to China Go out there and sell something today. MORTGAGE TIP OF THE DAY: For those folks who are on … [Read more...]
Columbus Mortgage Rates
September 7, 2010 By Leave a Comment
Things are holding steady. Go out there and sell something today. MORTGAGE TIP OF THE DAY: On FHA or Conventional loan, if a borrower has a second part time job, that income can be used for … [Read more...]
Columbus Mortgage Market
September 3, 2010 By Leave a Comment
Go out there and sell something today. MORTGAGE TIP OF THE DAY: FHA and conventional allows income from disability, workman’s compensation and child support and must be documented that it will … [Read more...]
Columbus Mortgage Rates: Yippy Skippy!
August 31, 2010 By Leave a Comment
Market is in our favor yesterday afternoon and this morning. Go out there and sell something today. MORTGAGE TIP OF THE DAY: On a FHA loan, we are required to verify with the landlord that … [Read more...]
Columbus Mortgage Rates:What a week!
August 27, 2010 By Leave a Comment
Go out there and sell something today. MORTGAGE TIP OF THE DAY: The Arlington Bank charges the same rate for purchases as we do for refinances. No up charges here. THOUGHT OF THE … [Read more...]
Columbus Mortgage Market: Amazing!
August 26, 2010 By Leave a Comment
Is a double dip recession coming? Sounds like it may happen. Go out there and sell something today. MORTGAGE TIP OF THE DAY: FHA requires we verify a borrower has been paying their rent on … [Read more...]
Columbus Mortgage Market: This is wild!
August 24, 2010 By Leave a Comment
It is stuck. All kinds of movement in the economy but not affecting rates. Go out there and sell something today. MORTGAGE TIP OF THE DAY: The donor of a gift for an FHA loan can borrower … [Read more...]
Columbus Mortgage Market: This is making no sense!
August 18, 2010 By Leave a Comment
This whole week, the markets are shifting around telling me rates should be going down, up then again down but the mortgage markets are now reacting whatsoever. Is this the lowest rates can go? … [Read more...]
Columbus Mortgage Market: I’m not getting this.
August 16, 2010 By Leave a Comment
This is one of those "scratching our heads" day. The market is dramatically in our favor but no one is lowering rates. Weird!!! Go out there and sell something today. MORTGAGE TIP OF THE … [Read more...]
Columbus Mortgage Market: Yawn!
August 10, 2010 By Leave a Comment
The Fed’s are making a decision today whether to start buying mortgage backed securities forcing down mortgage rates. This is going to be interesting. Go out there and sell something … [Read more...]
Columbus Mortgage Rates: Looking good
August 9, 2010 By Leave a Comment
The market is in our favor. The Fed’s are considering again buying mortgage backed securities which would force mortgage rates down in order to spur the economy. My goodness!!! Go out there and … [Read more...]
Columbus Mortgage Market: What a week!
August 6, 2010 By Leave a Comment
More bad economic news this morning made rates flow in our direction but not enough to make rates drift down to the next .125%. Go out there and sell something today. MORTGAGE TIP OF THE … [Read more...]
Columbus Mortgage Rates: Isn’t this wild?
August 5, 2010 By Leave a Comment
The jobless rate came out this morning and it was worse than expected making mortgage rates go down. Go out there and sell something today. MORTGAGE TIP OF THE DAY: Remember, Fannie Mae and … [Read more...]
Columbus Mortgage Rates: ..and I’m fine with that.
August 3, 2010 By Leave a Comment
Factory order and pending home sales for last quarter came out this morning and is affecting rates. Pricing improved but not enough to make rates go down. Go out there and sell something … [Read more...]
Columbus Mortgage Market: Hmmmm!!
August 2, 2010 By Leave a Comment
The mortgage market opened up against us this morning which is also making the stock market go up, crude oil go up and the dollar down. Go out there and sell something today. MORTGAGE TIP OF … [Read more...]
Columbus Mortgage Rates: Yawn!!
June 14, 2010 By Leave a Comment
The market is going slightly against us this morning but not enough to make rates go up. Go out there and sell something today. MORTGAGE TIP OF THE DAY: FHA loans are fully assumable with or … [Read more...]
Columbus Mortgage Market: …Dang!
June 3, 2010 By Leave a Comment
Several of the markets are turning back around making mortgage rates go back up. The dollar is still getting stronger, though. Crude Oil has been going up lately and as you probably noticed, … [Read more...]
Columbus Mortgage Rates: Last time we were lower was 1953
May 19, 2010 By Leave a Comment
The nervousness continues in Europe. Money is again flowing from Euros to the safe mortgage backed securities of the US forcing our rates down. Crude Oil is down to an unbelievably low price of … [Read more...]
Columbus Mortgage Market: Well that didn’t last long!!
May 18, 2010 By Leave a Comment
The European markets started to rebound yesterday afternoon concerning the Greece situation along with the dumping of the Euros. This made all of our markets go the wrong way this morning. The … [Read more...]
Columbus Mortgage Rates: ..amazing!
May 17, 2010 By Leave a Comment
Who would have guessed this mess in Europe with those 5 countries spending their brains out would be helping us like this? Money is flowing from European markets into the mortgage backed securities … [Read more...]
Columbus Mortgage Rates: Little 8-(…..ugh!!!
April 23, 2010 By Leave a Comment
Friends: Not in our favor this morning. Thanks!!! Steve MORTGAGE TIP OF THE DAY: PMI can be requested to drop on a conventional loan by the servicer after two years. FHA requires a 5 … [Read more...]
Columbus Mortgage Market: 8-) and 8-(…….Weird!!!
March 29, 2010 By Leave a Comment
Friends: The markets look pretty stable this morning. We had an unusual situation where some rates went up, some rates when down. Weird situation. Thanks!!! Steve MORTGAGE TIP OF THE … [Read more...]
Columbus Mortgage Market: 8-O…yawn!!!
March 26, 2010 By Leave a Comment
Friends: Well, the markets have seemed to settle down this morning after the Portugal burp. Calm today. Thanks!!! Steve MORTGAGE TIP OF THE DAY: Even though a Condo complex may be FHA … [Read more...]
Columbus Mortgage Rates: 8-(…yuck!!!!
March 25, 2010 By Leave a Comment
Friends: I just read a very disturbing world economic analyses yesterday concerning a term called “PIIGS”. This refers to the countries of Portugal, Ireland, Italy, Greece and Spain. They … [Read more...]
Columbus Mortgage Market: 8-(….Well that didn’t last long!!!!
March 24, 2010 By Leave a Comment
Friends: Well, that didn’t last long. Nothing I can read shows why rates jumped back up this morning after our one day drop. Thanks!!! Steve MORTGAGE TIP OF THE DAY: Another issue on FHA … [Read more...]
Columbus Mortgage Rates: 8-)…Yippy Skippy!!!
March 23, 2010 By Leave a Comment
Friends: Rates came down this morning. The reason I read was way over my head having to do with the Fed’s buying securities. Thanks!!! Steve MORTGAGE TIP OF THE DAY: A really big issue … [Read more...]
Columbus Mortgage Market: Little 8-)…..Morning!!!!
March 22, 2010 By Leave a Comment
Friends: Everything is pretty calm this morning. A slight decrease in rates on FHA. Go Bucks!!!!....for the men and women. Thanks!!! Steve MORTGAGE TIP OF THE DAY: Another difference … [Read more...]
Columbus Mortgage Rates: 8-(…..On a good note the weather is nice, I feel good and OU won big!!!
March 19, 2010 By Leave a Comment
Friends: This morning the Fed announced they may increase the rate they charge banks raising the prime rate. This is an inflationary remark which sent the market against us this morning. … [Read more...]
Columbus Mortgage Market: 8-0…yawn!!!
March 18, 2010 By Leave a Comment
Friends: Tuesday, AOL did a survey of the highest and lowest Real Estate Tax states in the nation. Here are the results: Highest Taxes: 1. New York 2. New Jersey 3. Connecticut 4. New … [Read more...]
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