Lester has the Loan for you! Industry Update

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Mortgage and Lending - Blue Water Home Loans NMLS# 166527
RECENT BLOG POSTS
The revamped HARP program will provide some relief to those, who have paid on time, but are underwater.  Now they will be able to take advantage of the historically low rates... The Federal Home Finance Agency announced big changes to its Home Affordable Refinance Program Monday. More commonly ca...
10/25/2011
  About two months ago I discovered Google Voice.  I was introduced to it by a Realtor friend of mine.  I am hear to tell you that I do not know how I managed my business without it for so long.  This is a terrific tool that helps you save time and become more efficient.  Check out the link at t...
10/15/2011
  Hey gang,       I have started a blog for you, my real estate partners.  The purpose of this blog is to offer you free information and tips that will help you build your business.  It is primarily focused on using marketing, technology and networking to generate more income.  You will find a st...
10/15/2011
This is very good news!  It was a scary day in the industry when I thought FHA would do away with spot approvals.  I am glad to hear that they have returned.GOOD NEWS! See below: HUD will allow for insuring an FHA loan on a unit within a condominium project whose FHA project eligibility has expir...
09/15/2011
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Great news!  It is exciting to hear that the market is picking up.  Especially since we do not have the stimulus that the buyer credit created.  I hope it continues!A brief Market Summary from Southeastern Michigan   Locally sales rose about 8% over last July, which was expected, and anything les...
08/30/2011
The following are some very nice tips to help you update a home that is in need of a make over.  Keep these handy.  You will need them eventually... It happens to all homeowners. Rooms that once looked fresh and contemporary have aged themselves into drabness. For some it's an excuse to redecorat...
08/05/2011
FNMA will be trading at the 3.5% coupon.  Yay!  This is fantastic!  Who would have ever tought we would see this??!!  I will definitley be floating!  Great advice!  Thanks.DAILY MORTGAGE RATE LOCK ADVICEOctober 8, 2010, 7:15 PT LOCK ADVICE CHANGES SEVERAL TIMES DAILY CLICK FOR UPDATE Mortgage Rat...
10/12/2010
Always an informative blog by Mr. Bill.  I trust his blogs to help me in my business.  I appreciate his help!  I highly recommend his blogs to assist you in protecting your pipeline.DAILY MORTGAGE RATE LOCK ADVICESeptember 09, 2010, 7:00 AM PT LOCK ADVICE CHANGES SEVERAL TIMES DAILY CLICK FOR UPD...
09/09/2010
Great thoughts!  I loved it!  Ultimately, a more personal approach will end up in 'showing the money!' I know it's been a long time since this movie has come out, but I felt like it's time to sit down and write how I've found inspiration in Tom Cruise's character Jerry Maguire.  Remember the Miss...
08/08/2010
DAILY MORTGAGE RATE LOCK ADVICEJune 9, 2010 6:40 PTLock Advice is Updated Several Times Daily Short Term Mortgage Rate lock Advice:  LOCKMBS prices are currently down  13/32.MBS Prices move opposite of mortgage rates. Long Term Mortgage Rate Lock or Float Advice:  LOCKMBS prices have attempted t...
06/11/2010
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Lester Wilkins

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Various thoughts and insights into the mortgage industry. Mingled with a little humor and various musings by the author.