How is the mortgage market integrated with other financial markets?
923586
Maybe this site might help:\nhttp://en.wikipedia.org/wiki/Category:Mortgage
456781
Please don't go the "cheesy" route; IE: DITECH\n\n   Your business depends on a client base that is in need of housing certainly, but more important than that perhaps is,,, how active is the "Market" in your area?\n\n   Have you linked up/networked with any well established, possibly return customer, Realtors?\n\n   I enjoy investing in Real Estate, and/or at least constantly shopping it and any options for buying. I don't know the lattitudes you are able to offer as a Mortgage Broker however. Do you own the business? Is it already a well established business? Is it in a decent location?\n\n   Again, I don't know your allowable range of options within the framework of the business, but you might look into offering as many options to buyers as exist,,, IE: SHIP, etc. It may also serve you to offer a customer a referral to another type of lender once in awhile, depending on your ability to loan to them, or their abilities to get a loan.\n\n   Certainly you can do balloons and flyers, radio spots, TV, change the "CURB APPEAL" of your office, change the signing, advertise more extensively in the Yellow pages, hire some clown in a themed suit to stand outside,,,NOT,,,LOL.\n\n   Networking with other brokers and especially with Realtors, who in turn might recommend you to prospectives, might be the better way to go.\n\n   There is no fear that I can see, that the market is going to fall apart anytime soon,,,even with over escalation of prices,,,and no matter that, there isn't anymore land,,, per say.\n\nRev. Steven
658170
Woodbridge Investments is a second mortgage company...\nhttp://www.woodbridgeinvestments.com/index.html\nBob Shapiro works there...\nhttp://www.wpinyny.com/Affiliates.htm\nHe likes to do triatholons and his Email is moviebob1@eathlink.net...\nhttp://members.aol.com/chstheland/guestbook/alum_80s.html
829439
Sales and trading could be slightly higher in most places. But depends on the place really. There are banks that like their traders more than CM guys and vice versa.
1058921
A buyer's market?? I think it depends on the housing market you are in. In some markets, sales are still going strong, while in others, there is more inventory on the market than willing and able buyers. So I would say it depends on the market It appears you are in Dallas Tx, I think Dallas is at an equilibrium right now, but what I would do would be to do what a buyer does when they are about to buy a house and look at CMA - comparable market analysis to see what similar homes sold for, I would also look at what similar homes currently on the market are selling for. In doing this, I would see how my property stacks against those currently on the market, price per sq ft of my property to the others. I would also do an  add/subtract on price with other properties. So if I have a pool and the current market cost of putting in a pool is 60K, then to compare my property to others, I would take that out of my cost. Finally I would look at the days on market for each of the homes currently on the market. Based on the information uncovered, then determine if its a buyer or sellers market. Hope this helps and best wishes with your home sale if you decide to go ahead with it.
57948
It is true that a normal origination fee is about 1%.  For that price they need to be doing all of the work, however people a lazy, so...? Anyway, I have digressed.  You should know that a mortgage broker is not just getting that 1% from you.  Your broker is also getting discount points on the back end of the deal.  The bank that he is getting your loan from is paying him extra money for any higher interest rate he can charge you.  So it is in his best interest to charge you the highest possible rate he can get you to pay.\nSolution- Find a dicount or wholesale lender.  These lenders are people who make their money selling the mortgages directly to the secondary market. Eliminating the middle man they will usually give you the  best rate.
964122
I cannot offer an answer for the first part of your mortgage,  most brokers will offer self cert as most mainstram lenders are now offering a self cert option via their specialist lending companies, which can cause consumer confusion as most are names which are not familiar to the lay person and only people working in the industry.  I know of a great 2 yr fixed with accord mortgages who is the specialist lender of Yorkshire Building Society - fixed for 2 yrs at 4.99% a prime product you could acheive approx 4.47% with nationwide (subject to conditins of course) so all in all compares quite well I think. Hope this helps with part of your question.
215664
The rates are going to vary by product term and type.  Ex. 30 yr fixed, 7 year adjustable, etc.\n\nThe most common mortgage product is the 30 year fixed product.\n\nBelow is a listing of the average rates for a 30 year product per month going back to 1990.  The second link provides access to some of the other indicators and indices that you might find useful.
962100
I think that most mortgage companies will look at both scenarios & take both incomes into consideration. If both people want to be on the note of the loan they will look at both incomes.
300662
it's not a bad deal for people who might have trouble qualifying for a conventional loan.  It's usually an owner who owns the house outright and wants to have that interest on the sale (like what the bank would normally get).  That owner will have a lien on the house the way a bank that did your mortgage would.
65136
Here is what I learned:\n\nMedia is not your friend, all they want is attention and get tune on.\n\nHousing market is not tied to interest rate, 'cause even if the rate increased by 0.5%, it will only increase payment $8 per week for avg. american family. But the real estate is tied to employment, if people don't have jobs, the last thing they buy is a house. So check the turn time for a house to get sold, and if the price is going up or down, with local real estate professional. And check employment growth.
901604
There are a lot of games that are being played to short the market and to try to create a shortage in the market. Till the house market really dumps they will hold these houses as not to flood the market and to keep prices up. more money for them from there loan and it cost them nothing to hold, they do not have a mortgage to pay like you do each month.\n\nCheck out this web site.\nhttp://www.breakingbubble.com/index.htm
745100
Investment clubs, blogs, real estate forums, local real estate agents.\n\nI write a blog on the subject of credit management, mortgages, real estate trends, etc. Check it out for more information that may be helpful.
554469
1.How to properly finance a mortgage, downpayments etc without going in over your head.\n\n2. How to buy an income property: the pros and cons\n\n3. the "Art of the Deal": how to negotiate\n\n4. Contracts: who does the agent really work for?
497844
An ARM is an Adjustable Rate Mortgage and the Index is what point of reference is used to calculate your rate as the rates change. Your mortgage probably says the rate is adjustable, based on "XYZ index plus however-many-percent." So, if your Index is the Wall Street Journal Prime Lending Rate and your plus-percentage is 3 percent, then when the Wall Street Journal says the prime lending rate is 5%,  the rate on your mortgage becomes 8%.\n\nThe indexes are not really based on each other so which index is the basis for your loan could have a significant impact on your mortage.
966780
Only through experience.  I am a mortgage professional too, with another company.  I'm still pretty new at it;  a lot of it is plain dumb luck.  The other half is getting the borrower to qualify under all the terms of the loan (income, credit, appraisal, w-2, DTI, etc).  It is extremely hard sometimes, and you get a lot of "fallout".   And, it depends on your compensation as well.  But as far as terminology and correspondent lenders, qualifying and amortization, those "complicated" things get easier over time.
880228
The mortgage will originate in CT and the lien will be on the VT property. I just sold a Dr in CT a second home in NH. Went well