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Market Update-Because We Were.....Inverted
Maltese Group- Supreme Lending-Summerlin Location Question: Do you use “List Reports” and would you like to partner on it? Reply when you get a moment, thanks! What’s New??- A LOT FHA- Maximum loan amount is now $314,827 Conventional- Maximum loan amount is now $484,350 New Jumbo Program of the month- We have a 90% loan to value loan program that only calls for 1 year of tax returns, 30 year fixed rate is below 6% with NO MI!! Financial Markets We now have what we call a “Yield Curve Inversion” in the bond market, which is a significant occ...
January 9th, 2019 | Financial Markets, Mortgage Market Reviews, Market Update-Because We Were.....Inverted
If Ya Don't Know Now Ya Know
Maltese Group Supreme Lending Updates Products- By now you are probably all fairly familiar with “Hope Brings you Home” down payment assistance, under the Home Is Possible umbrella. In case you aren’t familiar, here are the highlights: $20,000 or 10% of purchase price grant Buyer DOES NOT have to be a first time home buyer BUT CAN NOT own a home at time of closing Max sales price is $400,000 and max annual income is $98,000 The program rolled out in May, and roughly ¼ of the funds have been reserved Zip codes restricted to the below zip codes ...
June 20th, 2018 | Down Payment Assistance, Down Payment Grant, Financial Markets, Golden Knights, Mortgage Market Review, Mortgage Market Reviews, If Ya Don't Know Now Ya Know
Inventory Squeeze Pushes Prices Higher
Maltese Group with Supreme Lending- UpdateRecently we added some new team members to Supreme Lending Summerlin! In light of the additions, we are looking for an entry level administration position. It is strongly recommended that the candidate be bi-lingual and speak Spanish. If you know of anyone looking for an entry level position in the mortgage industry that speaks Spanish, please pass along my contact information 12Financial Markets All three stock indexes continue to reach new heights, with the NASDAQ closing at 6605, the S and P...
October 17th, 2017 | Mortgage Market Review, Mortgage Market Reviews, Financial Markets, Southern Nevada Real Estate Data, Inventory Squeeze Pushes Prices Higher
Housing Inventory Inching Up-Rates Inching Down
Maltese Group with Supreme Lending- UpdateOperation Affordable Housing continues as the operations team works on vetting through every condo development in Las Vegas. The past 2 weeks we have submitted 8 new projects for approval. Keeping the list current is a task in itself as the approvals are only valid for 6 months and the data within the condo developments is fluid. We will have an updated list this week for you. Year-to-date the group has closed roughly 130 transactions over the first 8 months of the year and averaged final approvals in under 23 days. We are 1 day q...
September 11th, 2017 | Mortgage Market Reviews, Mortgage Market Review, Financial Markets, Southern Nevada Real Estate Data, Housing Inventory Inching Up-Rates Inching Down