This weeks calendar is a fairly light one with the "biggies of the week" being the release of the FOMC meeting's Minutes on Wednesday along with Chairman Powell speaking on Friday...Thankfully last week's brief inversion of the yield curve has corrected itself and the markets are no longer worri
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08/19/2019
Robert Rauf Mortgage Loan Originator NMLS# 248937http://www.homebridge.com/RobertRauf or my blog: http://activerain.com/blogs/rrauf Office: (732)908-4868 Cell (732)740-0175 RRauf@HomeBridge.com www.RobertRauf.com Since 1987 I have been helping my clients fulfill their dream of home ownership!
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08/19/2019
Yesterday FHA issued a press release about financing condos.While the Mortgagee letter that will give us the details is not available yet, (purported to be released next week) we do know that the Full Condo Approval will go away as of October 15th.If memory serves- I t was about 7 or 8 yrs ago t
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08/15/2019
8am today I begin my annual 12hrs of fun to maintain my mortgage license, this is in addition to a similar number of hours I need to do each year internally - Feel free to send me well wishes, teasing notes or just a good old fashioned heckle to help me pass the time :) Robert Rauf Mortgage Loan
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08/14/2019
Below is the Economic calendar for the week. From what I see - I would put the most weight on CPI and Retail sales this week. Not on the calendar and an ongoing issue are world events and the ongoing trade war with China. These are the wild cards not on the Calendar that may have a significant
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08/12/2019
Robert Rauf Mortgage Loan Originator NMLS# 248937http://www.homebridge.com/RobertRauf or my blog: http://activerain.com/blogs/rrauf Office: (732)908-4868 Cell (732)740-0175 RRauf@HomeBridge.com www.RobertRauf.com Since 1987 I have been helping my clients fulfill their dream of home ownership!
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08/12/2019
Robert Rauf Mortgage Loan Originator NMLS# 248937http://www.homebridge.com/RobertRauf or my blog: http://activerain.com/blogs/rrauf Office: (732)908-4868 Cell (732)740-0175 RRauf@HomeBridge.com www.RobertRauf.com Since 1987 I have been helping my clients fulfill their dream of home ownership!
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08/11/2019
Lets have a little fun today- and we can take this one 2 ways, Personal experience and experience with your clients. How may homes did you look at before you found your current home? For your clients- What is the record number of homes you showed to a client? Robert Rauf Mortgage Loan Originat
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08/09/2019
Just because they continue to make me smile every day Robert Rauf Mortgage Loan Originator NMLS# 248937http://www.homebridge.com/RobertRauf or my blog: http://activerain.com/blogs/rrauf Office: (732)908-4868 Cell (732)740-0175 RRauf@HomeBridge.com www.RobertRauf.com Since 1987 I have been he
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08/07/2019
Last weeks "big" news was the Fed rate cut, that was somewhat expected and overshadowed by US-China Trade "fun"10yr Treasuries did end the week at the lowest yield we have seen in 3yrs, While mortgages did not rally as much as treasuries we still saw some great rate improvements in the Mortgage
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08/05/2019