As expected, the Federal Reserve’s Open Market Committee (FOMC) raised the target range for the federal funds at the most recent Dec. meeting. The rate rose 25 bps to a 1.25-1.50% range, with the move the Fed has now hiked the Fed Funds rate 3 times this past year and five times since they started to raise the rate at the tail end of 2015. Monetary policy is seen as remaining accommodative and consistent with strong labor market conditions and a sustained return to 2% inflation. While the policy statement did not change materially, the forecast for real GDP growth...
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HAPPY HOLIDAYS
The holiday season is about giving and kindness. The folks that work at Counsel Mortgage fill this role from helping veterans to serving the homeless; mortgages are what we do, but who we are is what defines us. Each person that comes to work for Counsel Mortgage is told the overriding principle of our company is to help people. If you are focused on helping people, you will succeed; this is the message we wish to share this holiday season. We wish you a joyous holiday season, may it be filled with love and happiness. For those of you who...
December 24, 2017December 24, 2017
WISHING YOU A JOYOUS HOLIDAY SEASON
We offer a variety product services, ask us how we can assist you today: Counsel Mortgage Group®, LLC www.counselmortgage.com 480-502-1000 NMLS #178927 AZ MB #0909580 CA DBO #60DBO43873 John Rapasky is the President of the Counsel Mortgage Group, LLC. Copyright © 2017 Counsel Mortgage Group®, LLC.
December 22, 2017December 22, 2017
10 Year Anniversary
PRESS RELEASE: Counsel Mortgage Group®, LLC, is proud to announce its 10 year anniversary as both a residential and commercial brokerage. Counsel Mortgage opened its doors during the depths of the mortgage crisis of 2007 in an effort to offer professional services at competitive rates and costs to meet the needs of homeowners facing the financial impasse. Counsel Mortgage was founded by an experienced attorney/CPA who felt people needed help during a very difficult time in our economy and provided guidance and assistance in choosing the right product and costs for the most important purchase of someone’s life. Since that...
November 2, 2017November 2, 2017
COMMERCIAL REAL ESTATE LENDING UPDATE
By Michael Green Commercial real estate (CRE) lending increased for the 5th consecutive year in the U.S. finishing out a strong 4th quarter. The increase was spread across all types of lenders and property segments. About ½ of the closings were for acquisitions, significant in light of the bulge in refinances coming due in the 2015-2017 window. These are the 10-yr. term loans that were originated in 2005-2007 at the top of the last CRE cycle. Retail, hotel and specialty properties saw the biggest increases reflecting buyer demand in these sectors. Specialty properties which are typically single-tenant occupied have come...
April 15, 2015April 15, 2015
Counsel Mortgage Group Q&A’s (5) | John Rapasky
This episodes questions: 1. 0:06 What are mortgage rates based on? What data do you look at to see if it’s going up or down? 2. 1:20 A VA loan credit score vs. a FHA loan credit score, what credit scores apply? 3. 3:20 How many times can you use a VA loan? We believe home-buyers and borrowers deserve honest, ethical and competent service, enabling them to make informed decisions regarding their mortgage needs. In today’s dynamic environment, this service and counseling is invaluable. John Rapasky is the President of the Counsel Mortgage Group, LLC. You can contact him at...
April 28, 2013April 28, 2013
Counsel Mortgage Group Q&A’s (4) | John Rapasky
This episodes questions: 1. 0:06 What are mortgage rates based on? What data do you look at to see if it’s going up or down? 2. 1:20 A VA loan credit score vs. a FHA loan credit score, what credit scores apply? 3. 3:20 How many times can you use a VA loan? We believe home-buyers and borrowers deserve honest, ethical and competent service, enabling them to make informed decisions regarding their mortgage needs. In today’s dynamic environment, this service and counseling is invaluable. John Rapasky is the President of the Counsel Mortgage Group, LLC. You can contact him at...
April 28, 2013April 28, 2013
Counsel Mortgage Group Q&A’s (3) | John Rapasky
This episodes questions: 1. 0:08 What does “points” mean when you have a mortgage loan? 2. 1:06 What tips would I give to a first time home buyer? 3. 2:11 What date (Monday – Friday) is best to lock in a mortgage rate? We believe home-buyers and borrowers deserve honest, ethical and competent service, enabling them to make informed decisions regarding their mortgage needs. In today’s dynamic environment, this service and counseling is invaluable. John Rapasky is the President of the Counsel Mortgage Group, LLC. You can contact him at info@counselmortgage.com. Copyright © 2014 Counsel Mortgage Group®, LLC. MB# 0909580...
April 28, 2013April 28, 2013
Counsel Mortgage Group Q&A’s (2) | John Rapasky
This episodes questions: 1. 0:08 How long does home loan underwriting usually take? 2. 0:45 What is PMI in home loans? 3. 1:26 Should I refinance my home after one year? We believe home-buyers and borrowers deserve honest, ethical and competent service, enabling them to make informed decisions regarding their mortgage needs. In today’s dynamic environment, this service and counseling is invaluable. John Rapasky is the President of the Counsel Mortgage Group, LLC. You can contact him at info@counselmortgage.com. Copyright © 2014 Counsel Mortgage Group®, LLC. MB# 0909580 NMLS# 178927 AZ LO# 0911590 NMLS LO# 179539
April 28, 2013April 28, 2013
Counsel Mortgage Group Q&A’s (1) | John Rapasky
This episodes questions: 1. 0:14 What is the difference between a loan underwriter, a loan officer and a mortgage broker? 2. 1:07 What is the difference between a mortgage broker, a credit union, and a bank? 3. 2:10 I’m a first time home-buyer, should I use a mortgage broker or go directly to the bank? We believe home-buyers and borrowers deserve honest, ethical and competent service, enabling them to make informed decisions regarding their mortgage needs. In today’s dynamic environment, this service and counseling is invaluable. John Rapasky is the President of the Counsel Mortgage Group, LLC. You can contact...
April 28, 2013April 28, 2013