mortgage in new jersey: Mortgage Rates: Where they were, Now and a forecast - 05/06/20 08:41 AM
 
 
I spent an hour in a conference last week with the Chief Economist at the Mortgage Bankers association and he provided us so much information the call could have actually been Much Longer (and welcomed believe it or not)  one of the charts he shared is this one with a bit of a rate history and forecast for the next few years:
If you'd like to see a video version of this blog you can watch it here:
https://secure.vidyard.com/organizations/317888/players/uqfaGzvJAFPy5uKbHV3WnR?edit=true )
 
As you can see we came into the year 2000 with rates in the 8's for a thirty year mortgage. People forget that 4's were not the norm … (2 comments)

mortgage in new jersey: This week's Economic Calendar: 9/3/19 - 09/03/19 09:41 AM
 
Here's what we have in store for the week.  The "Biggie of the week" will be Friday's Employment report, historically it has been one of the bigger market movers.  Second will likely be Tomorrow's release of the Beige book, which are the notes from the last Fed Meeting.  The Wild Card remains the trade fun with new Tariffs that kicked in on Sunday, we shall see how that plays out. Lastly- the continuing concern is the inverted yield curve which we have had for more than a week now..... never a good sign for the economy.
In the mean time: Interest rates remain … (0 comments)

mortgage in new jersey: Monday Business Tip and Quote Of The Week: 4/7/14 - 04/07/14 01:16 AM
 
QUOTE OF THE WEEK... 
"Only be afraid of standing still."
--Chinese proverb
BUSINESS TIP OF THE WEEK...
Online networking is important, but a recent study reported 95% of professionals believe face-to-face meetings are also essential to long-term relationships. Keep up your in-person networking.
I know I have been guilty of being sucked into social media and Online networking- it has its place, but we need to be out there meeting as many people as possible face to face!
 
Have a great week!
Rob
Robert Rauf
Mortgage Loan Originator NMLS ID# 248937
http://www.homebridge.com/RobertRauf or my blog: http://activerain.com/blogs/rrauf
Office: … (6 comments)

 
Robert Rauf (CMG Home Loans)

Robert Rauf

Toms River, NJ

More about me…

CMG Home Loans

Address: 9 Grand Ave, Building 2 Suite A, Toms River, NJ , 08753

Office: 732-908-4868

Mobile: 732-740-0175

The mortgage market is ever changing, do not be afraid to ask what is new!


Listings

Links

Archives

RSS 2.0 Feed for this blog