Today I want to share some advice I received early on about what to do with the income I was earning from being a loan officer that served me well during my career.
Managing Your Money as a Loan Officer
Mortgage News
- Freddie Mac Refinance Share Now Under 60 Percent August 4, 2021Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 12.9 percent in June compared to an 8.6 percent gain in May. The portfolio balance at the end of the period was $3.021 trillion compared to $2.980 trillion the prior month and $2.477 trillion a year earlier. Purchases and […]Jann Swanson
Mortgage Rates
- Mortgage Rates Move Up From Long-Term Lows August 4, 2021Mortgage rates hit their best levels in 6 months yesterday, but moved higher today following a strong report on the services sector. The economy is one of the key inputs for interest rates. As such, several of the most relevant economic reports have a longstanding history of causing day-to-day volatility. Today's ISM Non-Manufacturing Index is one […]Matthew Graham
- Mortgage Rates Drift Down to New 6-Month Lows August 3, 2021Mortgage rates moved slightly lower again today--extending a steady string of improvements that began after last week's Fed announcement. The average lender is now able to quote conventional 30yr fixed rates that are at least as low as those seen in the middle of July. In most cases, today's offerings are slightly better. The details can […]Matthew Graham