Wait, you mean everyone is coming home for the holidays? Did your Aunt Gale just called to tell you that not only is she coming to your home here in Brevard County for the holidays, but so is all of her children, plus your aunt Linda’s sister’s husband’s [...]
Around this time of year, there is truly a feeling of magic in the air. Now, this magic doesn’t come from the gifts under the tree or the wishes heard by old St. Nick. No, this magic comes from the good deeds and giving nature of those right [...]
Hello! This is Joe Harris with Morgan Financial and here is your “Joe Knows Mortgages MINUTE”. This week, we answer the question: If I have student loan debt, can I still qualify for a loan? With approximately 70% of college graduates graduating with some type of significant student loan debt, this topic is certainly a hot one, and on many peoples mind. The reality is that student loan debt alone will not preclude someone from getting a loan. Many factors are looked at when applying for a loan, such as income, assets and credit. Student loan debt will affect your debt to income ratios, however, as long as you fit within the guidelines of the loan for which you are applying, and as long as your assets and credit, as well as your income are inline, you should be able to qualify for a loan. Obviously, everyone’s situation is different, so I highly recommended that you speak with a Mortgage Loan originator to see if you qualify. Thank you for tuning into this Joe Knows Mortgages MINUTE If you have any home loan related questions, we want to hear from you! SO please comment down below! Also, please feel free to like and share this information with your family and friends. See you again next Monday!
Hello! This is Joe Harris with Morgan Financial and here is your “Joe Knows Mortgages MINUTE”. This week, we answer the question: What is the difference between mortgage insurance and homeowner insurance? This is a common mix-up, but they are in fact two very different things. Mortgage Insurance is required on most loans [...]
The Mortgage Bankers Association reports that last week the 30- year fixed- rate mortgage increased just a bit to 4.80% while paying an average of .5% in points Developers plan mega Space Coast Town Center off U.S. 192 in West Melbourne with a total cost of around $200 to $300 million The $1000 back to school special is still in full effect. See the link for details See you next week!
This weeks 20 second mortgage brief: According to the MBA, The average interest rate for conforming, 30-year fixed-rate mortgages decreased slightly to 4.78 percent from 4.81 percent last week, with points increasing to 0.46 from 0.42 for 80 percent loan-to-value ratio (LTV) loans. The big news right now is that Morgan Financial is giving all borrowers a $1000 lender credit on all loan applications made with Morgan Financial from now until September 17th 2018. So please, tell everyone you know that Morgan Financial can save them money on their loan. Please go to our website for details and click on the back to school link. See you next week!
According to the Mortgage Bankers Association, The average interest rate for conforming 30-year fixed-rate mortgages remained unchanged last week at 4.81 percent, while paying an average of .42 points to get that rate. The median sales price for a Brevard single-family home is up 4.1% to $229,000, compared to a year ago As a Back to School Special, Morgan Financial is offering a $1000 in closing costs credits for all loans where application is made between August 22nd to September 17th 2018. For details go to mohttps://morganfinancial.net/back-school-special/
This weeks' 20 Second Mortgage Brief: The MBA reports that the 30-yr fixed rate mortgage fell 3bps to 4.81% paying an average of .5 points to get that rate Consumers splurged in July as evidenced by the strong Retail Sales number, which rose 0.5% from June, exceeding the 0.1% expected. This solid number signals that the U.S. economy is doing well. 46.4% of Morgan Financial loans were cleared to close in under 10 days, thus far in the 3rd quarter. So if you have some loans, and you want them closed fast, give us a ring! See you next week!
This week's 20 second mortgage brief: It looks like the mortgage rates from last week, according to the MBA, remain unchanged at 4.84% with .45 points Last week it was announced that the unemployment rate fell to an 18 year low at 3.9%. Morgan Financial is your local VA specialist, with 3 VA underwriters right here in our building in Rockledge. We are averaging 13 days from application to clear to close. See you next week!
This week's 20 second mortgage brief: The average interest rate, according to the MBA, increased to 4.85% with .45 points from 4.77% and .40 points In June, the median sales price for single family homes in Brevard county was $229,950, which is a 4.5% increase year over year. Don’t forget, if you or your client wants the best deal on their Mortgage, Guaranteed, please contact the team at Morgan financial.
