What's New

What's New

August 6, 2024 The interest rate increases have now tempered down the inflation rate. But it seems like all the stimulus funds have trickled through the economy and now there is increased personal debt and slower spending. Business profits may be levellin down and some job losses. We have to wait and watch the global impact.

Mortgages

Rates have started creeping lower and conforming is now closer to 6.5% Time for some refinancing the ARM's from 2017 to 2020!!

Processing News

Processing time has lowered despite the many layoffs in the mortgage banks. Some "purely mortgage" companies have lost 75 to even as high as 90% of the market caps!!