The current turbulent economic and social environment has changed how many Americans spend their time and money; that’s a fact. However, this doesn’t mean you can’t have the home you’ve always wanted. Whether... »
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During this time of uncertainty, several of our Mortgage Loan Originators have offered aid to their communities in the wake of the COVID-19 crisis. Homebridge's Aiea location and other Hawaii branches partnered up... »
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Stabilization in the MBS MarketApr 25 2020
One of the major effects of the coronavirus was the enormous destabilization of the mortgage-backed securities (MBS) market back in mid-March.
MBS pricing and trading activity determine home loan rates, so a big and... »
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The Unemployment Line is GrowingApr 17 2020
The leading indicator on the health of the job market is the Initial Jobless Claims report, which essentially tells us the length of the unemployment line. And that line just grew.
Over the past... »
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The year of 2019 was a massive year for Homebridge and its associates. Top originators closed an unprecedented amount of loans in 2019, creating a high watermark for the company as a whole.... »
Read More of the post Homebridge Makes a Bold Statement in 2019 With Awards Sweep
Coronavirus Fallout to Hit HomeownersApr 3 2020
The Coronavirus has impacted millions of Americans across the country due to job loss and furloughs making it difficult, and sometimes impossible, for homeowners to make their mortgage payments.
The U.S. government has stepped... »
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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... »
Read More of the post Expand and Build Your Influence with the Growth Engine Tech Stack
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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One of the best parts of homeownership? You are in the driver’s seat when it comes to choosing home financing options. When it’s time to fund a renovation, you can pick from a... »
Read More of the post What Renovation Loan Options Are Available to Me?
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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