Tag Archive | "refinance"

Loan Modification Party May Be Over

Thursday, September 17, 2009

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Some people may think I jumped the gun a couple of months ago when I said the refi party may be over … I updated that post a few weeks later … but I still think you are crazy if you are not working on building up your PURCHASE loan business. If you live by [...]

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It Ain’t Over Til It’s Over … Refi Boom Reprieve

Tuesday, July 7, 2009

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A lot of mortgage loan originators are breathing a huge sigh of relief since mortgage rates have come back down after the big spike up last month. But don’t get complacent! In the stock market, this is known as a “sucker rally” … it lures you into thinking the worst is over when in reality the market [...]

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Refi Party May Be Over

Sunday, June 14, 2009

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If you are a mortgage loan originator, the rapid spike in mortgage interest rates over the past month should be a wake-up call. Take a look at this chart showing BankRate.com’s 30-year-fixed mortgage index over the past month: Yikes! Sure, mortgage rates have come back down over the past couple of days but keep this in perspective. Look at [...]

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