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Mortgage and Lending - Homestreet Bank - NMLS #404052

ARCHIVED BLOG POSTS

2009 

2 Comments
With everyone so freaked out about interest rates "skyrocketing" to the mid 5s, and nobody wanting to make a move until the rates on 30 year fixed mortgages return back below 5, I would consider this:  It is unlikely these rates will get back below 5%  Yes, we have seen some favorable pricing upd...
06/29/2009
MISCONCEPTION: Customers constantly think that the payoff balance on a loan we are refinancing is the balance showing on their mortgage statement. This always results in a discussion with my clients when, for example, he or she wants a $200,000 loan, has a statement balance of $100,000 and closi...
06/22/2009
PAUSING FOR THIS VERY IMPORTANT MESSAGE I hate to be the one that said "I told you so". However, I warned all of you in my March 31 411 e-mail that we should expect rates to rise in the future, and to not delay to act upon an awesome opportunity before us to purchase or refinance. What has happe...
06/02/2009
Rainer
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Paul W. Thompson

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