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Highest Record in 35 Year History of the Housing Market Index

Highest Record in 35 Year History of the Housing Market Index

The National Association of Home Builders (NAHB) coupled with Wells Fargo 35 years ago to create the Housing Market Index (HMI).  NAHB.org defines the NAHB/Wells Fargo Housing Market Index (HMI) as based on a monthly survey of NAHB members designed to take the pulse of the single-family housing market. The survey asks respondents to rate market conditions for the sale of new homes at the present time and in the next six months as well as the traffic of prospective buyers of new homes.

November 25, 2020 Notary Near You No comments
Notary Near YouHighest Record in 35 Year History of the Housing Market Index
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Mortgage Refinance Boom Creates Pressure on Lenders

Mortgage Refinance Boom Creates Pressure on Lenders

Lenders across the US are struggling to keep up with the Mortgage Refinance Boom. The recent Federal Reserve rate cut has motivated many homeowners that were waiting for the right time to refinance to make their move and file an application.  Major lenders are doing their best to meet the need including hiring new loan underwriters, processors, and closers.
Purchase application volumes have also increased to the highest level in over 11 years, which is adding to the pressure on the entire mortgage industry affecting lenders, appraisers, and title companies.

June 24, 2020 Notary Near You No comments
Notary Near YouMortgage Refinance Boom Creates Pressure on Lenders
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Mortgage Rates React To Strong Jobs Report

Mortgage Rates React To Strong Jobs Report

According to an article by Matthew Graham for Mortgage News Daily, “the jobs report has a more consistent track record of causing big market movement than any other piece of economic data”. He further states “the underlying bond market improved throughout the day and held onto that improvement, resulting in lenders offering lower rates”.

December 22, 2019 Notary Near You No comments
Notary Near YouMortgage Rates React To Strong Jobs Report
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Prices are Still Rising

Prices are Still Rising

When you are ready to buy or sell, Notary Near You provides a business platform that allows you to request a public notary at the touch of a button, anytime and anywhere.

Residential Real Estate prices are on the rise according to many news sources. In a HousingWire.com article they reference Redfin data: “Redfin’s data also determined that only 6 of the 85 largest metros saw a year-over-year decline in their median sale price.” 

September 29, 2019 Notary Near You No comments
Notary Near YouPrices are Still Rising
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Mortgage Lenders Can Gift You Money!

Your Mobile Notary Experts

Mortgage Lenders Can Gift You Money!

Yes you read that correctly! Lenders are now allowed to Gift Money Back to you at time of loan closing.*

When you consider the loan programs that offer a low 3% down payment, combined with the money Mortgage Lenders can Gift you back toward closing costs, the decision to buy a new home now is very enticing!

June 5, 2018 Notary Near You No comments
Notary Near YouMortgage Lenders Can Gift You Money!
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