Federal Reserve cut the Fed Funds rate. However mortgage rates won't change immediately. Longer term rates will go down through at least the first half of 2020.
Today we announced that Stergios "Terry" Theologides is joining our company as EVP, General Counsel, and Corporate Secretary effective March 28. He’ll help us continue to work on housing affordability and digital transformation of the mortgage industry. https://t.co/PvdRdc1Paq
Today the House passed S. 2155 by a vote of 258-159. This legislation is unchanged from that what passed the Senate. Now headed to the President’s desk for signature. Needed to happen and has key provisions. Including SAFE Act amendments, TILA/PACE protections, TRID & HMDA relief
NAR President Elizabeth Mendenhall says the 50th anniversary of the Fair Housing Act reminds us that the fight for equal housing access continues. #FairHousingMakesUsStronger. https://t.co/uCZwwBGLPJ
Save 50% when you renew your NMLS CE with @REMN_Wholesale! Join us for the special live NMLS CE webinar taught by @DavidCLuna & Randall Birk of @MtgEducators. Learn more by clicking the link below! https://t.co/CmqcUYvSNR
Today, I visited the office of LG @SpencerJCox to officially file for the US Senate race. In the month since I announced my candidacy, I’ve driven nearly 4,000 miles to meet with Utahns in 20 counties. Hope I’ll get the chance to meet you soon and earn your vote.
@realtormag Rates are still good for many, see your mortgage professional today before rates go higher. And if you are in the market to purchase see a realtor today, while rates are still very good.
With the recent changes in the tax laws the 2106 form is officially retired. Good news for borrowers qualifying for mortgage loans who have 25% or greater commissions, and with the doubled standard deduction this still means tax cuts for those borrowers.
New Year news! LIBOR replacement chosen!! Alternative Reference Rates Committee (ARRC) has chosen the Secured Overnight Financing Rate (SOFR) as an alternative to LIBOR. You'll see SOFR mid 2018. SOFR won't be the same as the LIBOR. The index plus margin probably won't be exact.