The yield on the 10-yr U.S. Treasury spiked to 3.03% two weeks ago (4-25-18), breaking a decade long downtrend. This highlights a major problem (or achieving a solution if you’re the Fed) – inflation is back. As Bloomberg noted that morning, something even more foreboding is the move in short term rates, up, which according...
Tag: CPA
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ADVANCED ISSUES IN PROBATE AND ESTATE PLANNING
John Rapasky and Mike Green of Counsel Mortgage sponsoring the Arizona State Bar Association seminar on Advanced Issues in Probate and Estate Planning. Speaking with lawyers regarding the pros and cons of reverse mortgages, residential and commercial financing. We offer a variety of products and services, ask us how we can assist you today: Counsel...
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AIME
I am in Irvine, California today attending the first mortgage workshop for AIME, the Association of Independent Mortgage Experts. This is a group of mortgage brokers from across the country who believe the mortgage broker provides the best value and options for the customer. There are over 600 attendees at the conference. I’ve met brokers...
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HAPPY HOLIDAYS
For those who celebrate, Happy Easter and Passover from Counsel Mortgage Group, LLC We offer a variety of products and 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 Copyright © 2018 Counsel Mortgage Group®, LLC.
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GET READY FOR THE MOST COMPETITIVE SPRING HOME BUYING SEASON SINCE THE GREAT RECESSION
Here is an article which describes what is happening in today’s housing market. It provides further evidence as to why it is important to work with a mortgage broker. We can issue pre-qualifications and pre-approvals to get you in the best position to make an offer. Also, we shop wholesale lenders to provide you with...
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COMMERCIAL LENDING UPDATE
New data and commentary from federal financial regulators are pointing to signs of increased risks in CRE lending. Notably, the amount of delinquent multifamily and owner-occupied property loans on the books of U.S. banks increased in the Q4-17 of last year, according to the FDIC. And while the increases and total volumes are small, the...
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IRISH PROVERB
“Never iron a four-leaf clover because you don’t want to press your luck.” Wishing you a happy and safe St. Patrick’s Day from all of us at Counsel Mortgage Group®, LLC! We offer a variety of products and services, ask us how we can assist you today: Counsel Mortgage Group®, LLC www.counselmortgage.com 480-502-1000 NMLS #178927...
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COMMERCIAL LOAN UPDATE
In the January 2018 Senior Loan Officer Opinion Survey (SLOOS), released by the Federal Reserve earlier this month, we received a snapshot of Q4 credit standards among businesses. This report focuses on supply side reporting of credit dynamics. While banks reportedly continued to ease standards on commercial and industrial (C&I) loans, demand for such loans...
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SBA LOANS: UPDATE
The SBA (Small Business Administration) guidelines for 7(a) loans have been updated – they do so annually – and are now in the market for these loans. There are a couple major changes worth noting for prospective borrowers. (They’re all worth noting, but the drill-down details are beyond the scope of this discussion.) 1. Minimum...
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VETERANS HELPING VETERANS
Lee Selleck and Jim Moore are veterans who are committed to helping veterans. They are loan originators with Counsel Mortgage Group, LLC. Lee and Jim specialize in VA loans, and help veterans obtain home ownership and have helped veterans obtain housing with nothing out-of-pocket, including obtaining appliances. Jim and Lee work with veterans with less...