The growth of any Homebridge Mortgage Loan Originator is dependent on how effectively they can communicate with leads, borrowers and referral partners. Growth Engine is our promise that as a Homebridge MLO, you... »
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Each year Homebridge recognizes our incredible associates with an enchanting incentive trip for top producing Mortgage Loan Originators. This year our team spent time together in Cancun, Mexico on an All-Star trip of... »
Read More of the post An All-Star Trip for the Books! – Homebridge 2020 All-Star Recap
Coronavirus and Extreme VolatilityMar 20 2020
This past week, home loan rates ticked up again despite the Fed recently cutting rates by a full point and the 10-year Note remaining just above 1%. Why?
Mortgage backed securities (MBS) are bonds... »
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Now Boarding Our 2019 Homebridge All Stars!Mar 6 2020
2019 was a year of unparalleled growth and record-breaking volume which in turn, produced the largest number of All-Star qualifiers ever at Homebridge Financial Services.
Our tremendous success in 2019 was made possible by... »
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A Great 2020 Housing StoryFeb 21 2020
The continued strength of the labor market, along with historically low mortgage rates, will keep positive housing momentum alive in 2020.
The Unemployment Rate is currently at a 50-year low of 3.6% with expectations... »
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When you first bought your house, everything felt new and there was a sense of excitement about your home. As time goes on, however, you may discover that your current home no longer... »
Read More of the post Using a Renovation Loan to Bring New Life to an Old Home
Rates Decline AgainJan 31 2020
The coronavirus outbreak in China continued to grip the financial markets this week. The total affected and number of deaths rose sharply throughout the week suggesting the virus is not yet contained.
Stocks hate... »
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The Good News ContinuesJan 10 2020
This past week, we watched home loan rates tick modestly higher and retreat from three-year lows.
Why? There are three main reasons:
U.S and Iran. On Wednesday, the de-escalation of tensions between the U.S. and... »
Read More of the post The Good News Continues
Homebridge Recognized as #1 Renovation Lender By Housing and Urban Development (HUD) for 2019Dec 9 2019
Getting a renovation loan can be crucial to the many families and individuals who want to turn their house into a home. These are the customers that Homebridge has been servicing for decades.... »
Read More of the post Homebridge Recognized as #1 Renovation Lender By Housing and Urban Development (HUD) for 2019
Changes That Could Affect RatesDec 6 2019
There are rumors that our Fed is considering an idea to abandon its present 2% target rate for inflation in favor of a floating target where inflation would be allowed to rise above 2%... »
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Whether you’re hosting a few out-of-towners for the weekend or housing the entire extended family, the holidays can force you to realize how much more space your home really needs. Using a 203(k)... »
Read More of the post How a Renovation Loan Can Turn Your House Into a Holiday Home
A Great Housing BackdropNov 22 2019
That famous line describes the current wonderful backdrop for housing and the overall U.S. economy. Many are wondering what lies ahead for housing as we enter 2020.
There are many reasons why the U.S.... »
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A Goldilocks EconomyNov 15 2019
“Looking ahead, my colleagues and I see a sustained expansion of economic activity, a strong labor market, and inflation near our symmetric 2% objective as most likely.”
– Fed Chairman Jerome Powell, November 13,... »
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How Fast Rates Can ChangeNov 8 2019
Right now, the biggest news story to follow is the U.S. and China trade negotiations.
This past week, home loans started inching higher but were "saved" momentarily midweek when reports came out suggesting a... »
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The Remedy for Higher RatesOct 25 2019
This past week home loan rates were essentially unchanged from the previous week, breaking a trend of higher rates since the beginning of October.
Bonds hate good news and there is still plenty to... »
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Fed Rate Cut Coming — But Don’t WaitOct 11 2019
U.S. bond yields and home loan rates ticked modestly higher this week as the world watches the U.S. and China have their first serious talk since July. There is a growing sentiment that... »
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Mortgage Mythbusting: Renovation EditionOct 11 2019
A common mortgage myth related to renovation is that you have to own your home for a million years before you can renovate. When in fact, you can take advantage of a renovation... »
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Stocks and Mortgage Rates RiseSep 13 2019
This past week home loan rates ticked up sharply from the previous week leaving many wondering – have rates bottomed?
For would-be homebuyers, real estate agents, and folks working in the housing industry, here... »
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