SHELTON, Conn. (April 2, 2013)—William Raveis Mortgage, LLC (NMLS ID 2630) has 11 Mortgage Loan Originators recognized as being in the Top 1% in the Nation. Mortgage Executive Magazine, a leading publication for mortgage originators, recently announced these results in a list of the Top 1% Mortgage Originators as ranked by their total yearly personal [...]
Ryan Raveis, Executive VP of William Raveis Mortgage, discusses the increasing scarcity of ‘bargain buys’ in the housing market.
Congress’ recent vote to extend payroll tax deductions leaves homeowners with some extra cash to pay.
There have been several economic reports, fears regarding the debt crisis in Europe, and continued debates around resolving the nation’s debt that have stirred investors’ emotions and created alot market volatility. The net effect? The stock market is down but so are mortgage interest rates, making it a good time to buy or refinance.
The key parts of the economy and real estate industry that presented strong buying opportunities over recent months continue to exist today – even to a greater extent.
The Obama administration finds itself balancing the need to spur the economy through promoting the housing and mortgage market, while protecting banks and other investors from risky mortgages. On February 11th, it presented a broad plan to begin shrinking its support of the nation’s mortgage market.
It is clear that there is a strong focus on using the housing industry and mortgage interest rates to help spur the economy. In the past year, the Fed has driven interest rates down to help homeowners refinance to lower their monthly housing expenses and to make homes more affordable for those looking to purchase.