Tag Archives: Las Vegas Mortgage Broker

Mortgage Rates Highest in Over a Month

Mortgage rates were slightly higher today, depending on the lender.  Many lenders ended up raising rates last Friday afternoon as underlying bond markets weakened.  The remaining lenders had more distance to cover in terms of getting caught up with market movements.  The … Continue reading

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Why Las Vegas Luxury Real Estate Is The Next Big Market Boom

The Current Las Vegas Real Estate Market Realtor.com hailed the city as the No. 1 real estate market in the country this year, a feat that the city failed to achieve before. The year 2018 already showed strong numbers that make this … Continue reading

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Treasury Weighs in With Mortgage Industry Recommendations

The Treasury Department has recommended some sweeping changes for consumer financial services including some directly impacting the mortgage industry. A new report recognizes the growing importance of non-depository institutions in the mortgage system, attributing it in part to various factors that have raised … Continue reading

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Residential and Private Construction Numbers Solid in April

April turned out to be a solid month for construction.  The Census Bureau said that dollar value of new construction activity on residential, non-residential, and public projects was at a seasonally adjusted and annual total of $1.31 trillion.  This represented a … Continue reading

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Non-QM and Digital Products; Global Events Driving our Capital Markets

Plenty of people I know agree with the this Forbes article titled, “We Have Learned Nothing From The Mortgage Market Meltdown.” Builders are reducing labor costs by using premanufactured products that also require low maintenance. And what’s not to like about taking … Continue reading

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Move Over Millennials, Gen Z is Already Buying Homes

Who’s afraid of growing up?  Apparently not Generation Z.  The post-Millennial crop of kids, those born in 1995 and later, are already moving into homeownership. Maria Lamagna, writing for MarketWatch says just shy of 100,000 members of Gen Z, whose ages … Continue reading

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Mortgage applications jump 4.2% on strong buyer demand

Homebuyers jumped back into the market after Labor Day, filing applications for mortgages at a far faster pace than in previous weeks. Total mortgage application volume rose 4.2 percent on a seasonally adjusted basis last week, according to the Mortgage … Continue reading

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Common conditions on a loan approval

One of the most common conditions we see on approval letters is to source-proof large deposits. Many borrowers don’t realize that by depositing large amounts of money into their bank accounts they may be creating more work for themselves when … Continue reading

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Conventional 1% Down Payment

Dennis Scarberry Loan Officer NMLS# 542664 Superior Mortgage Lending LLC  Phone: 702-513-5701 Call me today for more info. http://www.superiorml.com

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Las Vegas Down Payment Assistance

What is Down Payment Assistance Programs? Down payment assistance programs will help families and individual to purchase a home by offering them down payment options.  The amount of down-payment assistance will vary depending on the program and purchase price of … Continue reading

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