RECENT BLOG POSTS
0
Comments
It was a fairly uneventful week last week. Bonds(which is what effects home loan rates)had a good day on Monday when National City announced a $7Billion cash infussion. Existing Home sales met our expectations but New Home sales were down again, likely due to increased cost for building and sup...
04/28/2008
1
Comments
I will NEVER forget my first day in the Mortgage Industry. I knew NOTHING! My boss(and company VP) was a former construction worker who handed me a short script, a rate sheet that meant nothing to me, and a phone with some leads, and said "there you go, listen to the guy in front of you if you ...
04/24/2008
1
Comments
I will NEVER forget my first day in the Mortgage Industry. I knew NOTHING! My boss(and company VP) was a former construction worker who handed me a short script, a rate sheet that meant nothing to me, and a phone with some leads, and said "there you go, listen to the guy in front of you if you ...
04/24/2008
0
Comments
According to the Mortgage Brokers Association, the average home owner gets a new loan every 2.5 years. With that average, if you have 100 people in your database, 40 of them will be looking for a new loan this year. We all know that database management is HUGELY important but how well are we do...
04/18/2008
4
Comments
Ok, so times are changing. You dont qualify for financing just because you have a pulse anymore. But one thing I can say is that I'm still taking as many, if not more, applications then before...so, what if they dont qualify? Do we kick 'em to the curb? Buyers and borrowers look to us for ad...
04/17/2008
0
Comments
Ok, so times are changing. You dont qualify for financing just because you have a pulse anymore. But one thing I can say is that I'm still taking as many, if not more, applications then before...so, what if they dont qualify? Do we kick 'em to the curb? Buyers and borrowers look to us for ad...
04/16/2008
3
Comments
I read something yesterday that suggested Realtors and Lenders not "waste their time" with home buyers with less then a 720 credit score! Whoa, I truly hope that this is NOT the advice you are getting and certainly not the advice that you are passing on to your clients. Yes, its true that Sub-P...
04/15/2008
1
Comments
According to the Mortgage Brokers Association, the average home owner gets a new loan every 2.5 years. With that average, if you have 100 people in your database, 40 of them will be looking for a new loan this year. We all know that database management is HUGELY important but how well are we do...
04/14/2008
0
Comments
Mortgage rates moved very little last week. Bond prices were hurt by inflationary fears but came back due to money coming over from stocks. The "earnings season" began on Wall Street with a bad showing from Alcoa and GE. The stock market didnt like the bad vibe and lost some more ground. But...
04/14/2008
If so, I'm curious to know what kind of results you are having. I run a FSBO campaign in Nashville, TN and about a month ago I started using a Call Capture Service with my FSBO clients. The results for me have been better then expected, and has helped me pre-approve some clients that I would ha...
04/11/2008