Last week’s vote by the United Kingdom on exiting the European Union reminded Nations Lending’s employees and clients that, regardless of what happens in the United States, our rates continue to be influenced by overseas activities. Still, what happens here in this country does influence mortgage rates. Leading up to the Federal Reserve Open Market […]
We realize that the school year has recently ended. For some it means the end of school, for others in college it means that they need to think about housing in the autumn. If a student prefers the residential setting, parents have the choice of renting or buying for the remaining college years. Like any […]
Our Nations Lending originators hear the question, “Can mortgage rates move any lower?” The answer to that is, “Maybe, but somewhat unlikely.” Driven by a number of factors, mortgage rates in the United States are currently near their all-time lows seen in 2012. There are certainly economists and investors arguing that rates will move higher, […]
Fortunately, Nations Lending’s branch managers and originators are well versed in the entire real estate process. Of course, we specialize in mortgages, but we’re also exposed to buying and selling properties as well as the real estate transaction or the escrow process. In this case, let’s take a look at the escrow process – basically […]
When real estate professionals were asked whether they thought holding an open house was still a relevant want to market home, support for them ran 3-1. Nations Lending branch managers also know that popular opinion among real estate pros on the internet is against them, with very little data available pointing to the impact an […]
Nations Lending’s originators are sometimes asked, “We had a short sale several years ago, can we obtain a loan to buy a home?” The short answer is yes, although there are some requirements that need to be understood. It is easy to understand why a borrower that has defaulted, or had a short sale, is […]
