China retaliates... mortgage rates drop

The Headline was pretty somber

China is raising tariffs on $60 billion of US goods starting June 1.  The markets are selling off.  As of 9:27am, the futures are down over 500 and the stock markets are set to slide again for the second week in a row.

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A MORE BALANCED REAL ESTATE MARKET MAY BE IN OUR FUTURE!

The real estate tide is turning, according to Fortune Magazine’s Chris Morris. What was once a seller's market, complete with frenzied offers and multiple bidding, is beginning to smooth a bit, becoming what Realtors refer to as a “balanced market” where homes stay on the market a tad longer, and buyers actually have a chance to negotiate.

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Mortgage Q&A with Rick Episode 1

15 vs 30, tricks with PMI, buying down your interest rate and when to lock in

As I start these episodes, I'm reminded of the encouragement I got from an employee of mine. He told me that I give a lot of great advice and have been blessed with much wisdom in my field... that it's a shame to not have it all written down somewhere for others to learn from. It's for that purpose, I've been intent on including in this blog advice I give to my clients, team and business partners during my time as a loan officer.

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How Do You Know If You Should Refinance Your Mortgage?

Many lenders talk about the benefits of refinancing, but how do you determine if refinancing your mortgage is the right decision in the context of your personal and financial situation?

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Why a Lifetime Guarantee from Your Lender Can Save You Thousands of Dollars

Did you know that most homeowners will either refinance, or redo their mortgage every 5 to 7 years? That means paying thousands in lender and appraisal fees. If you have a good reason to refinance, now may be the time to speak with a seasoned loan consultant. Here are a few reasons you might consider refinancing, or just get a quick check-up on your current structure.  

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5 key tips that help borrowers shop for their home loan!

In an article on USA Today, Brian B. Simmons (CEO of AskaLender.com) breaks down 5 key tips to help borrowers shop for their mortgage and Borrow Wisely®. Here is the article which breaks it down in simple format.

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When to refinance or just get a mortgage check-up

OK so you have a mortgage, now what. You did your due diligence when you got the thing in the first place right? You made sure you had not only a competitive rate, but the right loan for you and your family. Wouldn’t it make sense to always have the best loan as the market and your personal situation changes? The problem is that there are no real “systems” or magic buttons you can push that will analyze if you can improve your loan.

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