hope mortgage team: Mortgage Rate News for Week Of December 23rd, 2013 - 12/22/13 10:13 PM
Mortgage Rate News for Week Of December 23rd, 2013

According to December's NAHB/Wells Fargo Housing Market Index, home builder confidence rose by four points to a reading of 58; this surpassed the consensus of 56 and November's reading of 56.
November Housing Starts were released Wednesday and also exceeded expectations and the prior month's reading. 1.09 million housing starts were reported for November against expectations of 963,000 and October's reading of 889,000 housing starts.
Building permits issued in November came in at 1.01 million and fell short of October's reading of 1.04 million permits issued. November's reading exceeded expectations of … (0 comments)

hope mortgage team: Are We Seeing Signs Of Economic Growth? - 11/20/13 10:41 PM
Are We Seeing Signs Of Economic Growth?
 
Hi, Joe Gonzalez here of the Hope Mortgage Team of Gateway Funding DMS, L.P. in Plymouth Meeting, PA. I have some interesting news to share with you this week.
The minutes of the Federal Reserve's Federal Open Market Committee meeting held October 29 and 30 were released Wednesday. The meeting began with a report from the Manager of the System Open Market Account and included updates on developments within domestic and foreign financial markets.
According to the report, no intervention by the Federal Reserve was required on foreign currencies during the period between … (0 comments)

hope mortgage team: What You Need to Know About Private Money Loans - 11/11/13 10:37 PM
What You Need to Know About Private Money Loans
 
Private Money financing refers to loans collateralized by real estate, where the source of the funds used to close Real Estate transactions come from private investors.
The decision by the investors to make a loan is based primarily upon plenty of equity in the real property securing the loan thus reducing the risk of loss.
The ability to repay, and the borrower’s character is also considered along with how the borrower will pay the investor back in time.
Private Money loans are needed when a borrower or a property falls outside … (0 comments)

 
Joe Gonzalez, NMLS# 126036 (610) 739-6563 (CrossCountry Mortgage, LLC NMLS #3029)

Joe Gonzalez

NMLS# 126036 (610) 739-6563

King of Prussia, PA

More about me…

CrossCountry Mortgage, LLC NMLS #3029

Address: 625 W. Ridge Pike, Building C, Suite 100, Conshohocken, PA, 19428

Office: 610.355.8039

Mobile: 610.739.6563

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