ARCHIVED BLOG POSTS
2011
The Mortgage Buddy is writing this week from Nu Cafe in Worcester, MA. We had about a foot of snow yesterday and there are trees and power lines down everywhere. This week will be highlighted by the release of some manufacturing data, the big unemployment report on Friday, and the promise of a ne...
10/30/2011
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I have thoroughly enjoyed my time writing, commenting and learning through Activerain. This forum and it's members have been such a source of inspiration. Since my time as a "rain maker" over the past 10 months it has opened the door to many new real estate related relationships. Beyond referrals...
10/26/2011
Hi everyone, Up here in Worcester, MA we are easily reminded every year about this time of the changing seasons. The beautiful autumn colors are in the air and the Jack Frost is right around the corner. Now is a great time to review your plumbing and heating systems to make sure everything is in ...
10/20/2011
The stock market was on an absolute tear last week driving money out of bonds and into stocks which pushed up stock values and interest rates. The rates below 4% are already old news for many lenders and clients who procrastinated are now looking at 4.25% according to Freddie Mac data. This week ...
10/16/2011
Are we starting to break the downward trend or is this recent rally in the market and bump up in rates just a blip on the charts? After rates touching under 4% as a national average on a conventional mortgage, according to Freddie Mac, the stock market is in rally mode and rates have started the ...
10/10/2011
The world of mortgage financing has been changing over the past few years as a result of the credit crisis of late 2008. October 1st marks the next chapter to these changes. The pendulum of regulation has gone from the free for all of the middle 2000s, when it was debatable if you actually needed...
10/02/2011
Once again we have reached that time. The first Friday of the month is almost upon us and with that comes the county's unemployment report. This past Thursday we had some promising numbers with the continuing jobless claims taking a larger than expected drop. The question remains, how will we rec...
10/01/2011
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John Saari
"The Mortgage Buddy"
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I decided to start writing this blog to be an education resource to my referral partners and my clients. We live in a new world of mortgage lending in which we need to be up to date on the changing underwriting guidlines and mortgage products offered. It's through these updates that we will all be able to provide our clients with the customer service they derserve and expect. It's my belief that this industry insight is what will take our business to the next level.
Education = Confidence