The CRE investment market should continue “hot” into 2022 as new capital enters the fray and inflation mount – the question is whether the lending industry can keep up the borrower demand. “Sellers will continue to drive terms and command short escrow periods for top-notch properties,” per Rob Murphy, Vice President of Structured...
Author: john (John Rapasky)
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REFINANCE MORTGAGE
When looking to refinance your home there are many factors to evaluate to determine if refinancing is right for you. Our experienced Mortgage Brokers will ask basic questions to get you on the right path. For example, is your interest rate too high? Do you want to lower your payments? Are you looking...
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PURCHASE MORTGAGE
When looking to purchase a home there are many factors which determine the type of loan. Our experienced Mortgage Brokers will ask some simple questions to get you on the right path. For example, do you have little down payment or do you need to sell your home/other property to qualify? Do...
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ARM PRODUCTS
How does an ARM (adjustable rate mortgage) work? Many ARMs are like the 5/1 ARM, where the rate is fixed for the first 5 years of the loan, and then adjusts every year thereafter for the balance of the loan term. There is another ARM product called the 5/5 ARM. This product has a...
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WE HAVE RESOURCES FOR YOU
Are you considering financing, or refinancing a home loan? We have an extensive library of information for you on our website. Click Here https://counselmortgagegroup.com/blog-categories/ We offer a variety of products and services, ask us how we can assist you today. We work for you, not the lender. Counsel Mortgage Group®,...
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USE CAUTION WHEN SHOPPING ONLINE
Many consumers make purchases online more than ever. Proceed with caution. It is easy to click on the wrong prompt and be misled to a site not related to your desired purchase. Always verify you are on the merchants official site. Be careful when answering unexpected text messages and emails too. In some cases,...
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BE PREPARED FOR A MORE AGGRESSIVE FED
The FOMC made it clear on Wednesday, 2-2, (as clear as they make anything) that rate hikes are imminent. Chairman Powell projected a hawkish tone in his post-meeting press conference leaving open the possibility of several sequential rate hikes this year. A 125 bps (basis points) total rate increase this year (five 25 bps hikes)...
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BUILDING RELATIONSHIPS
Counsel Mortgage Group, LLC was honored to sponsor the first Pinnacle Peak Home Tour this year at Grayhawk Country Club. We are available to speak to your group or real estate company. Contact us and we can help you close more transactions. We offer a variety of products and services, ask us how we can...
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IS THAT A PROBLEM?
Were you in the process of financing a home and now you’ve found yourself without a job? Is that a problem? Many have been temporarily laid-off due to current times but there are other forms of compensation you may not have considered. Here are some forms of compensation that are acceptable to apply...
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WANT SOME INSIGHT ON MORTGAGES?
Want a behind the scenes look at mortgages? Check out this article that gives you some insight on mortgages and the secondary market. Learn how the government, Fannie Mae and Freddie Mac have profited, and how the government is assessing a fee on mortgages that could increase rates.