Raleigh/Durham Loan Officer

Follow me
Mortgage and Lending - Bank of England (NMLS#418481) - NMLS# 1046286
A Blog about real estate and real estate finance by Bob Mitchell who has been in the business since 1984 and who comes at the business from a different angle.
Two listings in two days, thanks to my web site!  That's the power of Activerain.When I first started blogging here on AR, my website was basically a 5 page electronic brochure.  It ranked wayyyyy down on the list under just about any relevant search term that you could think of.  I think that wh...
I'm going to have to start paying Janet Guilbault a royalty.  This is the second post in a roll that was inspired by one of hers!  If you haven't checked her blog out, you really should!  Anyway, yesterday she wrote a blog called, "Breaking News, WAMU Is Exiting The Wholesale Mortgage Business" t...
I read a post today by one of my favorite bloggers here on AR, Janet Guilbrault.  Her post was called, "Shattered Dreams, Wasted Time:  The Shattered Dreams Of The 20 Something Mortgage Broker" looked at the exodus of the young mortgage brokers from our business from a different angle that I had ...
This morning I was reading a post by Dorene Shirley that linked to an article that is currently on Forbes.com titled, "America's Riskiest Real Estate Markets".  When I clicked on the link to read the article there was a picture of some directional arrows in front of some new construction homes.  ...
How many of you watched CNBC's coverage of the Senate Finance Committee's hearing on the Bear Sterns fiasco?  I'll fess up, I couldn't stomach all of it.  From what I saw, it seemed like a parade of the parties involved reading from the same script.  I would have called the script, "Why The Fed D...
Everyone selling real estate would like to think of themselves as a "Professional".  If you've read my blog at all, you'll know that I don't think that real estate agents qualify as "professional" at least not the vast majority of them. One of the reasons that I think that we don't qualify is tha...
I just read a post by Mellisa Grant called, "You Might End Up Eating Your Own Blog" where she talked about people reading our blogs and taking the information that we provide, then going out and selling their home FSBO.  I'm 100% certain that this happens just as there are people who do their res...
How many of you out there watch the business shows on CNBC?  It's pretty much part of my morning routine and I'll be the first to admit, they do a pretty good job of reporting the actual business news such as the fed cutting the discount rate or company "A" making an offer to buy company "B".  Th...
I've been talking with a gentleman from California who is getting ready to relocate here to St. Louis.  While I was introduced to him through the real estate side of my business, we started talking about how he was going to finance his purchase.Turns out that he's doing what a lot of borrowers do...
Every time the Fed cuts the discount rate I choruses of cheers.  I can almost guarantee you that within an hour of the announcement that there will be a post here on AR supporting the decision in the hope that "this cut" will be the one that brings the credit (and therefore the housing ) markets ...

R. B. "Bob" Mitchell - Loan Officer Raleigh/Durham

Bob Mitchell (NMLS#1046286)
local_phone(919) 876-8400
smartphone(919) 289-9611
Contact The Author
A Blog about real estate and real estate finance by Bob Mitchell who has been in the business since 1984 and who comes at the business from a different angle.