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Market Comment Mortgage bond prices finished the week slightly lower which put upward pressure on rates. Rates were worse Monday morning as stocks showed strength. Those losses were reversed Tuesday morning, but the positive movements were short-lived as selling reignited Tuesday afternoon. The housing data was mixed. Existing home sales were 5.99M vs 5.82M. New … Continue reading MIG Market Watch, August 30th, 2021
Market Comment Mortgage bond prices finished the week slightly higher which helped rates improve. We started on a positive note Monday morning as stocks were weaker. Some of the improvements were erased as MBS selling pressure emerged late Monday afternoon and continued into Tuesday. The data was mixed. Retail sales fell 1.1% vs an expected … Continue reading MIG Market Watch, August 23, 2021
Buying a home can be expensive, and saving up a big enough down payment can seem almost impossible. Current rent, utilities, car payments, and other bills can make it difficult to have any money left over to save for a house. The good news? If you qualify, you can take advantage of some helpful homebuyer’s … Continue reading Your Guide to Finding Down Payment Assistance Programs
We may not want to see summer end, but it’s almost time to put the pool toys away and send the kids back to school. One thing that can make the transition easier is getting your home well-organized. Maybe there are chores you’ve been putting off during the hot summer months, or maybe you just … Continue reading Home Organization Tips for the First Day of School
You have successfully found a home you like, settled on a price with the seller, and are confidently moving toward you closing date. While it seems the big questions have been answered, there are still items on the homebuying journey you need to be ready to tackle. Follow this closing-day timeline prep list to make … Continue reading Here’s Your Closing-Day Timeline Prep List
Market Comment Mortgage bond prices finished the week lower which put upward pressure on rates. We started on a negative note Monday and Tuesday but recovered some of the earlier losses as the week progressed. Q2 Productivity was 2.3% vs the expected 3.6%. Consumer prices rose 0.5% as expected. The core, which excludes volatile food … Continue reading MIG Market Watch, August 16th, 2021
The term “market value” is important to both homebuyers and sellers. Arriving at a home’s market value means taking stock of several components. Whether you want to buy, sell, refinance, or secure a home equity loan, you’ll need to know what market value means. What Comprises Market Value? Let’s begin by looking at the finite, … Continue reading Determining the Value of Your Home in Today’s Market
Market Comment Mortgage bond prices finished the week sharply lower which put upward pressure on rates. We started on a positive note Monday and Tuesday but selling pressure emerged mid-week and into the end. Fed Vice Chair Richard Clarida said he expects the Fed to raise rates in 2023 but also noted, “I believe that … Continue reading MIG Market Watch, August 9th, 2021
MORTGAGE INVESTORS GROUP RECOGNIZED FOR MORTGAGE LENDING EXCELLENCE NASHVILLE, Tenn. – The Nashville Mortgage Bankers Association honored eight Mortgage Investors Group loan officers with awards for excellence in mortgage lending, company officials announced today. The NMBA awarded the Cool Springs Branch Manager, Mike Means and Loan Officer, Kevin Wisdom, and the Brentwood Loan Officers, Sam Hawkins … Continue reading 2020 NMBA Awards
It’s not every day that golfers hit tee shots off of toilet seats or have their golf balls launched onto the green by a rifle, but both are likely during an upcoming golf tournament to benefit a nonprofit that pairs wounded veterans with mobility assistance service dogs. “Mortgage Investors Group is proud to sponsor the … Continue reading The Smoky Mountain Service Dogs Golf Scramble Challenge Presented by Mortgage Investors Group
You’ve found a home, negotiated a price that’s acceptable to you and the seller, and are excited about moving in. However, there a few ways you can still lower your risk of taking on a new investment. Professional inspections offer you peace of mind that you aren’t going to end up with big, unexpected bills … Continue reading Inspections You May Need Before Closing on a Home
Today, HousingWire announced the winners of its annual Women of Influence award honoring 100 women shaping and propelling the mortgage, real estate and fintech industries forward. This year marks the 11th year of this award being recognized, with nominations growing and becoming more competitive every year. The Women of Influence are selected by HousingWire’s Selection … Continue reading HousingWire Announces the 2021 Women of Influence
