Columbus Mortgage Market

December 27, 2010 by Steve Wagner · Leave a Comment 

The market is moving against us this morning but not enough to make rates go to the next .125% up. Hope you all had a very nice Christmas. THINK ABOUT THIS!!! She was engaged to a boyfriend with a wooden leg but broke it off. MORTGAGE TIP OF THE DAY: The Arlington Bank’s preapprovals are [...]

Columbus Mortgage Rates: Merry Christmas!

December 24, 2010 by Steve Wagner · Leave a Comment 

I hope you all have a very Merry Christmas. Talk to you all next week. THINK ABOUT THIS!!! Santa’s helpers are subordinate clauses. MORTGAGE TIP OF THE DAY: I am always open and always available. THOUGHT OF THE DAY: (This is the serious part) “The three stages of a man’s life: 1) He believes in [...]

Columbus Mortgage Market: Wake up, everybody!

December 23, 2010 by Steve Wagner · Leave a Comment 

Population growth has come out for this last decade and here are the MOST popular states: 1. Nevada +35.1% 2. Arizona +24.6% 3. Utah +23.8% 4. Idaho +21.1% 5. Texas +20.6% 6. North Carolina +18.5% 7. Georgia +18.3% 8. Florida +17.6% 9. Colorado +16.9% 10. South Carolina +15.3% Some figures come out this morning showing [...]

Columbus Mortgage Rates: I’m just fine with boring!

December 22, 2010 by Steve Wagner · Leave a Comment 

Population growth has come out for this last decade and here are the LEAST popular states: 1. Michigan -.6% 2. Rhode Island +.4% 3. Louisiana +1.4% 4. Ohio +1.6% 5. New York +2.1% 6. West Virginia +2.5% 7. Vermont +2.8% 8. Massachusetts +3.1% 9. Illinois +3.3% 10. Pennsylvania +3.4% The market went against us yesterday [...]

Columbus Mortgage Market

December 21, 2010 by Steve Wagner · Leave a Comment 

Yesterday afternoon names starting moving up along with crude oil. This morning things has eased off a bit. THINK ABOUT THIS!!! What’s the definition of a will? (It’s a dead giveaway.) MORTGAGE TIP OF THE DAY: Fannie and Freddie (fixed rate financing) has a difficult time financing two buildings on one parcel. In order to [...]

Columbus Mortgage Rates: Nice way to start out a Monday!

December 20, 2010 by Steve Wagner · Leave a Comment 

The market seems to be slowly recovering from last weeks’ craziness. Down a bit today. THINK ABOUT THIS!!! A bicycle can’t stand on its own because it is two tired. MORTGAGE TIP OF THE DAY: There are three major credit bureaus in the nation: Trans Union, Experian, and Equifax. Each have a formula in calculating [...]

Columbus Mortgage Market: Yippy Skippy!

December 17, 2010 by Steve Wagner · Leave a Comment 

This roller coaster continues to go. The good part yesterday afternoon and this morning rates started to take a dive down. It is very difficult to guess what will happen day by day, hour by hour. Yesterday afternoon we had FOUR downward rate changes. THINK ABOUT THIS!!! When two egotists meet, it’s an I for [...]

Columbus Mortgage Rates: Pick your villian!

December 16, 2010 by Steve Wagner · 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 more confident about investing in the economy. As you know, bad economic news makes mortgage rates go [...]

Columbus Mortgage Market: I might take a nap!

December 15, 2010 by Steve Wagner · Leave a Comment 

Yesterday afternoon rates jumped up dramatically but came down this morning so we are back to where we started. Its been a rocky 24 hours. THINK ABOUT THIS!!! Condoms should be used on every conceivable occasion. MORTGAGE TIP OF THE DAY: When a short sale occurs and the lender does NOT go after the owner [...]

Columbus Mortgage Rates: I’m just fine with boring!

December 14, 2010 by Steve Wagner · Leave a Comment 

Inventory and sales numbers were released this morning and it showed a substantial increase forcing rates up. THINK ABOUT THIS!!! Does the name Pavlov ring a bell? MORTGAGE TIP OF THE DAY: The city of Columbus also has a program to help folks facing foreclosure. It is called Homeport with Columbus Housing Partnership. There is [...]

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