THE FED’S POSITION – HEADS THEY WIN, TAILS THEY LOOSE Today’s post is written by Michael Green, Senior Commercial Loan Originator with Counsel Mortgage Group, LLC. Mike writes monthly on the commercial mortgage market. Check back each month for his commentary. The commercial real estate sector is facing what Trepp* has described as a “critical...
Author: counselmortgage
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ROUNDTABLE LIVE SEPT 22ND AT 1 PM
Join us on Monday, September 22nd, at 1 pm Arizona time for the Counsel Mortgage Group Roundtable Live where we have a company-wide discussion of the current mortgage and real estate topics, including the Fed’s recent reduction of the Fed Funds rate and its affect on mortgage rates. It will be streamed live on YouTube. ...
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AUGUST ROUNDTABLE ROUNDUP
We had a very informative Roundtable yesterday. Thank you to those who attended. This was our first one on YouTube live and we are still working out the kinks. If you missed the broadcast and would like to see it, click here: https://youtube.com/live/2evBKXJiamQ Here are the highlights:
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COUNSEL MORTGAGE’S ROUNDTABLE LIVE AUG 20TH 1 PM AZ TIME
Join us on Wednesday, August 20th, at 1 pm Arizona time for a live look-in of our monthly Roundtable where we discuss current mortgage and real estate topics. For the last few years, we’ve had monthly video calls where members of our Group throughout the country click in and discuss the issues of the day. ...
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A GOOD TIME TO BUY
A GOOD TIME TO BUY Now is a good time to buy. There are a lot of homes for sale. Sellers are offering price reductions, concessions towards closing costs, and rate buydowns. The temporary rate buydown is popular. There are three different types of temporary buydowns, 3/2/1, 2/1, and 1/0. For instance, in...
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THE CHANGING TIDES – SURFS UP!
Today’s post is written by Michael Green, Senior Commercial Loan Originator with Counsel Mortgage Group, LLC. Mike writes monthly on the commercial mortgage market. Check back each month for his commentary. As the CRE market continues to retreat-pause-advance and repeat, driven by economic and political uncertainty, community banks and credit unions are recalibrating their lending...
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BUYDOWNS
Buydowns are very popular right now. As it is a buyer’s market in many parts of the country, sellers are willing to negotiate with buyers to buydown their rate. There are 3 different types of temporary buydowns: 3/2/1, 2/1, and 1/0. The numbers represent how much your rate is reduced each year. For example, if...
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LOOKING THROUGH THE FOG
Today’s post is written by Michael Green, Senior Commercial Loan Originator with Counsel Mortgage Group, LLC. Mike writes monthly on the commercial mortgage market. Check back each month for his commentary. Since the beginning of the year (Trump’s inauguration), visibility into investment and finance markets has been overridden by political chaos. What we used...
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HAPPY INDEPENDENCE DAY!
Wishing you a Happy Indepence Day! Here is a brief video of the beauty of our country. Video taken at the Tom’s Thumb Trailhead in Scottsdale. Have a safe weekend!
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FREEZING YOUR CREDIT
An effective way to prevent credit fraud is to freeze your credit. Freezing your credit can protect you from identity theft. You have control over who checks your credit, and it’s free! Freezing your credit does not affect your credit score. It’s also easy to remove the freeze when you want someone to check your...