Hawaii Mortgage Loan Officer and Hawaii VA Loan Eligibility

Aloha Everyone,You know, I really admire the AR regulars who can keep up with posting blogs so often!  I honestly don't know how you do it, but I'm trying!Mortgage rates rose slightly this week for the 4th time in the last month.  However Fed Chair Bernanke hinted to congress yesterday that the F...

Aloha Everyone,Mortgage rates rose this week, partially due to the volatility of bonds.  Also Fannie and Freddie are applying new fees to help their bottom lines as house prices decline, and this is reflected in the higher rates.  Jobless claims are also higher than expected.808 Home Mortgage, In...

Aloha Everyone,After a couple weeks of rates rising and falling, rates started to hold steady this week. Mortgage applications increased in its highest amount in two years with the rate drop 2 weeks ago, then declined nearly 20% the following week creating a blow to the housing market.808 Home Mo...

Aloha Everyone,After the FED's cut federal funds, the rate declines we have been enjoying came to a halt.  Additionally FED Chairman Bernanke didn't paint a pretty picture talking about the housing slump, the weak dollar, and high oil prices.808 Home Mortgage, Inc. can offer wholesale mortgage in...

Aloha Everyone,I hope you had a safe Halloween!Mortgage interest rates decline slightly for the 3rd week in a row, but what the future holds is anyone's guess.  The FED's announcement that they are cutting the federal fund's rate to 4.5%  may impact mortgage rates, but it's hard to say which way ...

Aloha Everyone,Despite the FEDs not meeting for another week, mortgage interest rates fell sharply this week!  This is the third decline in four weeks.808 Home Mortgage, Inc. can offer wholesale rates from different lenders/banks.  Today for a 30 yr fixed mortgage I can get your clients 5.75% wit...

So I get a referral from one of my favorite agents.  As always, MUCH appreciated.  She did warn me her client was shopping lenders.  I call the client, and here's how it went:ME: "Hi, this is Pete.  I got your number from (Realtor) who asked me to give you a call about some options on financing y...

Aloha Everyone,Mortgage rates fell slightly, the second time in the last 3 weeks.  But nearly the same as last weeks rates.808 Home Mortgage, Inc. can offer wholesale rates from different lenders/banks.  Today for a 30 yr fixed mortgage I can get your clients 5.98% with 1 point, or 6.125% with .7...

Aloha Everyone,A month ago the Dept of Labor reported a loss of 4,000 jobs. This month, the economy grew by 89,000 jobs!  But an improving economy usually means a rise of interest rates, which is what happened this week.  :(808 Home Mortgage, Inc. can offer wholesale rates from different lenders/...

Aloha Everyone,After rising the last 2 weeks, rates finally came down.  Experts say a major influence is a decrease in inflation compared to last year.808 Home Mortgage, Inc. can offer wholesale rates from different lenders/banks.  Today for a 30 yr fixed mortgage I can get your clients 5.98% wit...