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New American Funding, a leader in the mortgage industry, announced today that its Co-Founder and President, Patty Arvielo, has been named to the Board of Directors of the National Park Foundation. Arvielo was appointed to a 6-year term as one of its new board members. Read More
New American Funding, a leader in the mortgage industry, announced today it is unveiling a revolutionary new program, Social For You. This innovative, multimedia platform was developed to make the company’s more than 800 Loan Officers experts in social marketing. Read More
Their business names roll off the tongue like a silky lullaby: Gentle Transitions, Caring Transitions, and Moving Matters. These and about 1,000 other companies like them across the country are helping mostly seniors downsize and relocate. Read More
New American Funding, a leader in the mortgage industry, has opened a new Camarillo branch in the heart of Ventura County. The branch, which is centrally located at 333 N. Read More
Despite the importance of interest rates and their direct influence on your monthly mortgage payment, rates should not necessarily be the deciding factor as to whether to buy now, later or at all. There are bigger questions to ask: Predicting the Direction of Interest Rates Despite all the known factors that influence rates, such as the state of the economy, inflation, the job market, the housing market, Fed policy, what the 10-year Treasury is doing, etc. Read More
As the weather gets warmer, you’ve probably rediscovered an extra room in your house: your backyard. With all of the entertaining spring and summer bring—from wedding and baby showers to graduations and birthdays—your outdoor space may need extra upkeep to ensure your lawn looks its best before, during, and after your celebrations. Read More
With the increased popularity of private accommodations, a market that grew 11% in 2016 and is expected to total $36. 6 billion by 2018, you might be considering listing your family's vacation home to generate some added income from this trend. Read More
Look up “flip” in the dictionary and you will find “turn over” or “cause to turn over” in “a sudden sharp movement” for the definition. Experiencing a sudden sharp movement might be fun if you’re riding a roller coaster, but it’s not a term you necessarily want attached to your next home. Read More
Sometime during their tween years, children often discover their inner entrepreneur. When they do, it creates an opportunity for parents who want to ween their children off allowances and encourage them to take on more responsibility for their own expenses. Read More
In many ways, getting a good deal in real estate is no different than buying mattresses or big screen TVs on sale. Savvy shoppers, who do their homework, know what, when, where and how to buy to get the best bargains. Read More
If you’re running up against multiple offers from well-qualified and all-cash buyers, the last thing you want in your offer is a 30-to-60-day escrow.   Your offer in today’s fast-moving market simply won’t be relevant. Read More
It’s time to dust off your Chewbacca impression: May 4th is Star Wars Day. Like many entertainment franchises, the “Star Wars” movies have spawned a collectible craze that is still going strong today. Read More
For a third consecutive year, New American Funding has received multiple Stevie® American Business Awards, including a Stevie® gold as “Company of the Year. ”  The prestigious awards annually recognize the achievements of businesses and working professionals throughout the U. Read More
You hear almost every day, especially from millennials and first-time homebuyers, that’s it’s almost impossible to buy a house today.   And while it’s true that wages are struggling to keep up with housing prices, it wasn’t necessarily a picnic for your parents or grandparents either to purchase a house when they were just starting out. Read More
One reason to invest in real estate is asset appreciation. Even if a property has been neglected or abused, it is likely to rise in value. Read More
A sure way of attracting the attention of a seller, especially in a hot housing market, is to make an all-cash offer. After all, it eliminates any suspense about your ability to close the deal. Read More
As you head toward your closing date, one of the most helpful things you can do to prepare for homeownership is to make sure you are properly equipped. With the right tools, you can literally nail this home owning thing on the first try!   Tape Measure and Level A tape measure and level will come in handy for centering and leveling shelves, hanging pictures, and installing curtain rods. Read More
As a Real Estate Agent, meeting new people is one of the fun parts of the job. However, when you find yourself in strangers’ homes and in the company of clients you may have only recently met, it can still help to be proactive. Read More
Any day is a good day to reduce your outstanding balances. This especially true given that most American workers’ take-home pay recently rose as new, lower tax brackets took effect. Read More
With the economy strengthening throughout 2017 and general expectations for it to continue to be healthy, it’s believed that the Federal Reserve Bank (Fed) will increase interest rates during 2018. The increases are expected to be small and are being done to bring the overall level of short-term rates back to what is considered by economists as a "neutral position. Read More
While March 23 is National Puppy Day, any day you find yourself looking into a pair of adoring brown eyes and see a wagging tail has the potential for being a day to celebrate puppies. It's just as likely to also be the day you open your home to a new family member. Read More

Feeds

MBS RECAP: Might as Well Hit This Weekend With Some Hope

Posted To: MBS Commentary

By today, it became clear that bonds were fully locked into a sideways consolidation in a range defined by the highs seen on Wed/Thu and the lows marked by the 3.06% technical levels. Of the past 3 sideways days, today was the least volatile and most lenders saw fit to offer just slightly stronger rate sheets despite 'unchanged' levels in bond markets. Consolidations like this can happen simply because markets are catching their breath after a strong move or because they're settling down ahead of the next event that might cause a strong move. If we're dealing with the latter, the event in question is likely to be Wednesday's Fed events (announcement, press conference and updated rate hike outlook). Of those three, it's the(t "dots" he dot plot that conveys...(read more)

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Best Day of a Rotten Week For Mortgage Rates

Posted To: Mortgage Rate Watch

Mortgage rates actually fell today, on average--something they haven't been able to say all week, or indeed at nearly any time during the past 4 weeks. Yesterday, in particular, was the worst day for rates since 2011 for most lenders, with anything less than an ideal loan scenario garnering 30yr fixed quotes of 4.875% to 5.0%. With all of the above in mind, today's token improvement isn't necessarily exciting, but at least it's better than the alternative. Much of this week's rapid rise was seen in the first half of the week. Starting on Wednesday afternoon, markets began settling into a more sideways pattern, apparently getting in position for more volatility in the coming week. If there's an event that's likely to serve as the catalyst for that volatility, it's the Fed Announcement on Wednesday...(read more)

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