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MARKET COMMENT Mortgage bond prices finished the week slightly higher which helped rates fall. Rates were negative Monday morning amid escalating oil prices and inflation fears. Those losses were reversed Tuesday and Wednesday amid mixed data. FHFA housing data was lower than expected and new home sales data was stronger than expected. Durable goods orders … Continue reading MIG Market Watch, April 29th, 2019
Big headlines about security breaches and identity theft in the last few years have prompted consumers to take action to protect their credit. Many decided to “freeze” their credit to keep it safe from fraud perpetrators. You may have been one of them. Acquiring a mortgage loan requires pulling your credit report from all three … Continue reading Steps to Take to Unfreeze Your Credit Report
Building your home equity is just as important as eating your vegetables. Making it a priority is one of the best ways to create your financial stability and increase your wealth. You shouldn’t view your home’s equity as an abstract number that means nothing to you. It’s more like a savings account that can support … Continue reading How to Build Home Equity Like A Pro
MARKET COMMENT Mortgage bond prices finished the week lower which put a little upward pressure on rates. Rates were negative Monday morning but basically flat the remainder of the week. The NAHB Housing Market Index printed at 63 as expected. The trade balance was in line with estimates. Retail sales data was solid (read below.) … Continue reading MIG Market Watch, April 22nd, 2019
NEW LOOK CARRIES MORTGAGE INVESTOR’S GROUP INTO NEXT CHAPTER OF MORTGAGE LENDING KNOXVILLE, Tenn. – Tennessee’s top residential mortgage lender unveiled an updated logo and fresh tagline today to mark its 30th anniversary of helping people select the right home loan. The brand refresh also coincides with Mortgage Investors Group’s efforts to expand its … Continue reading NEW LOOK CARRIES MORTGAGE INVESTOR’S GROUP INTO NEXT CHAPTER OF MORTGAGE LENDING
MARKET COMMENT Mortgage bond prices finished the week lower which put a little upward pressure on rates. Rates were steady the first portion of the week. Factory orders fells 0.5% as expected. Most of the negative movement came Thursday and Friday as inflation fears on the producer side were ignited. The producer price index rose … Continue reading MIG Market Watch, April 15th, 2019
Have you considered the number of natural resources you use to run your home and are you committed to reducing it? If so, you’re not alone. Millions of homeowners are taking steps to decrease their carbon footprint and maintain a greener existence. In addition to helping the Earth, an eco-friendly home can keep money in … Continue reading Five Eco-Friendly Home Improvements to Go Green
KNOXVILLE, Tenn. – The U.S. Department of Agriculture has recognized Mortgage Investors Group as the top rural housing lender in Tennessee for 2018, company officials announced today. Mortgage Investors Group closed 625 loans with $89,258,000 in USDA loan production. The department’s Rural Development office recognized MIG with the same award in 2014, 2015, 2016 & … Continue reading MIG named #1 TN USDA lender for the 5th consecutive year
MARKET COMMENT Mortgage bond prices finished the week lower which put upward pressure on rates. Most of the negative movement came Monday as stocks surged higher. The data gave mixed signals on the strength of the economy. Retail sales fell 0.2% versus the expected 0.2% increase. ISM Index data was near expectations. February durable goods … Continue reading MIG Market Watch, April 8th, 2019
Congratulations on buying a new home! As you move in and get settled, you may start noticing that your daily mail is a bit more robust than usual. No, it’s not your imagination. Buying a home and securing a mortgage loan can cause your junk mail to multiply. While it’s a nuisance and a waste … Continue reading Flooded with Junk Mail Because of Your New Mortgage? Don’t Worry
PRESS RELEASE GARY ROYAL JOINS MORTGAGE INVESTORS GROUP TO OVERSEE SOUTHEAST EXPANSION KNOXVILLE, Tenn. – Gary Royal has joined Mortgage Investors Group to oversee the mortgage lender’s growth in new markets across the Southeast region, company officials announced. As MIG’s new VP, Southeast regional production manager, Royal will lead the Knoxville-based company’s efforts to expand … Continue reading GARY ROYAL JOINS MORTGAGE INVESTORS GROUP TO OVERSEE SOUTHEAST EXPANSION
MARKET COMMENT Mortgage bond prices finished the week near unchanged which kept rates in check. Most of the movement was positive the first portion of the week with a bit of a sell-off Wednesday afternoon into Thursday morning. The data gave mixed signals on the strength of the economy. Housing starts were 1.162M in February … Continue reading MIG Market Watch, April 1st, 2019
