MoCo MAC
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Which loan is better for you? VA, FHA, Conventional? We now also offer a buyer advantage program with rates as low as 1.5%. Contact me if you have a client looking to maximize savings and close more timely. Quick close times are important when in a competitive situation. We offer VA, FHA, Conventional, 203K, USDA, GRANTS. We have in-house underwriting, processing and closing. Streamlined, professional approach to lending!
04/14/2013
Make it happen!
Bonds opened flat to higher this morning. Treasury wil sell off $66 in notes and bonds this week beginning on Tuesday.
Home bidding wars are back and the market is sizzling. Are you doing all you could be doing to turn leads to closings?
Busy week on the economic front! On Wednesday the Federal Open Market Committee (FOMC) is kicking into high gear. Retail Sales and inflation data on Friday which could effect interest rates.
Stay tuned for more updates coming your way!
Are you planning any events for your farm areas? Call me if you would like to partner? I'm seeking serious, hardworking agents looking to grow business with! Are you committed?
RATES DROPPED TODAY! FHA down to 3.25% with a lender credit for closing! Call me if you would like details, the market is looking good for rates today and opened up strong
Looking for an alternative to FHA? Ask me about our mortgage program with no monthly MI. Also, stay tuned, great 20 Year Jumbo product coming your way!
FHA ALERT!!
MAKE SURE IF YOU HAVE A CLIENT REQUIRING FHA FINANCING THAT YOU HAVE YOUR LENDERS ORDER AN FHA CASE NUMBER TODAY TO AVOID THE INCREASE IN MONTHLY AND UPFRONT MI.
THE MARKET IS GOING TO GO INTO "PROTECTION MODE" FOR THE 4 DAY HOLIDAY SO MAKE SURE THAT YOU LOCK YOUR LOANS TODAY BEFORE PRICING TICKS UP.
HAVE A GREAT SELLING WEEKEND!
Mortgage bonds have recouped some of yesterday's losses following the Fed's discussions yesterday. Existing home sales rose by .8%..
If you are putting an offer in on a HUD owned property, be sure to view the property inspection report on line. It can save you a whole lot of problems. Make sure the property is marketed properly as insured or uninsured. It does make a difference. Call me for more information
Mortgage bonds are trading lower today with moderate losses. Bernanke is set to speak today at 2:30 and we will see a Fed statement at 2. That said, we anticipate that Bernanke will indicate the QE will continue until labor markets substantially improve. It is anticipated that the $85 billion in bonds being purchased by the FED monthly will continue. This has been the market update. I will keep you informed after the press conference today. Have a great selling week!
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Gaithersburg, MD