Stacy’s Blog – Mortgage Tips & Trends

Why Mortgage Lenders and Realtors are LICENSED

For this week’s update, I thought I’d pass along a little piece of interesting information, basically addressing the “commoditizing” of…
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10% down on a Jumbo product and NO MI

I am excited to announce a new product for Sierra Pacific Mortgage. We can now offer your clients a Jumbo…
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Appraisers are monitored by FNMA

First of all, Happy 4th of July!!!  I hope you all have a fabulous long weekend.  Our offices will be…
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New Homes Sales Chart

For this week’s Mortgage Tips and Trends, I am providing the most recent “New Homes Sales Chart” which captures the…
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Fed’s NOT Raising Rates Yet

This has been a great week for the mortgage lending and the bond market. With the Fed’s un-expected announcement on…
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Upcoming CFPB Changes

For this week’s newsletter, I wanted to highlight the upcoming CFPB changes that will occur on August 1st, 2015.  I…
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Rates have drifted back down

My financial planner was correct!! Rates have drifted back down and have broken through a key barrier. So, hopefully they…
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How is Aug 1 2015 and TRID related?

Rates were hit pretty hard again this week, with a two and half week bomb. But luckily, we are starting…
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TRID, TRID, TRID

TRID, TRID, TRID – ok, I’ve said it three times fast! The TRID forms will be in use as of…
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Always Use a Professional

For this week’s update, I thought I’d pass along a little piece of interesting information, basically addressing the “commoditizing” of…
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Encourage Your Clients to get Pre-Approved

We had a wonderful time last week during our Happy Hour, but don’t worry if you missed it – we’ll…
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Enjoy the Hot Market!

I hope that most of you have enjoyed a wonderful Spring Break mini-vacation. I enjoyed the 90 degree weather of…
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Everybody Wins!

As the Mortgage World Turns, rates have drifted higher over the past couple weeks. But, are holding fairly steady, outside…
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Upcoming CFPB Changes

For this week’s newsletter, I wanted to highlight the upcoming CFPB changes that will occur on August 1st, 2015. I…
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BorrowSmart Program

This week’s newsletter will highlight the BorrowSmart program we use here at Aspire Mortgage. I have included both a video…
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FNMA Conventional Loan

I mentioned a couple weeks ago that FNMA would be rolling out a 3% down conventional loan. Well, now it…
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Ask for Their Mortgage Statement

I know most of your are exceedingly busy these days, so I’ll keep it short. In meeting with a colleague…
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A Seller’s Market

The Bond market has been very volatile over the past many days, but rates are still staying low – and…
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Rates Are Low

The sun is shining and rates are low – can you say 3.625% - wowza!! Most of the conversations in…
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The Mortgage Process to Home Ownership

I’ll keep this week’s Mortgage Tips and Trends pretty short and sweet. As you know the rates dropped to a…
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Rates Are Continuing to Drop

What a beginning to the New Year!!! RATES ARE CONTINUING TO DROP!! Once the Holidays wrapped up, business began humming…
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Low inflation = Low rates

In regards to the bond markets and stock markets, today was Fed Day!! It was the last Fed meeting of…
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Available Products for Clients

As for the mortgage world, this week I wanted to highlight a few cool products that are available for current…
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Welcome to Bond Trading

In regards to the mortgage world, rates have fluctuated tremendously during daily trading, but remained fairly steady over all. What…
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Differing Information this Week

The mortgage world is full of differing information this week, or really, perhaps it’s just settling into a stable path.…
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Pulling the Plug on QE

In regards to mortgage trends, one of the biggest factors that occurred this week was the Fed pulling the plug…
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Rates Have Hit an 18 Month Low

The big mortgage news for this last week, was that rates hit a 18 month low last Wednesday (10/15), and…
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Down payment gifts and HOAs

I do have some interesting tid-bit stories to just tuck away for extra knowledge.  Since a few of you are…
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Stocks Down…Bond Market Up

Week of October 2nd, 2014 This has been an interesting week for the bond market.  With political unrest in the…
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The Mortgage World Revolves

Week of Sept. 25th, 2014 As far as the mortgage world revolves, rates are still fairly stable, which is a…
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Rates are Down!!

Week of October 9th, 2014 As for mortgage trends – rates are down!!  The bond market has been strong this…
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Rates Are Down!

As for mortgage trends – rates are down!! The bond market has been strong this week, and we’ve seen that…
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Interesting Week for the Bond Market

This has been an interesting week for the bond market. With political unrest in the world, stock prices have fallen…
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