By gelpilot June 23, 2016
You would be wise to get verifiable references from people who have actually done business with Mr Johnson before you enter into any business arrangements with Mr Johnson. GL - BA, OK ...read more
By Illbefrank April 19, 2012
I've been coming into Diamond and Jewelry Buyers for a solid two years now, and I have to say they have the best service/welcoming and friendly staff. It literally warms my heart when I walk through their door because they treat you like family. They're fair, honest, and definitely provide laughter on a rough day. I've seen some of the folks they deal with and it's a wonder that all of them have smiles on their faces. I've recommended anyone I know to them. Great service! Great people! ...read more
By Axxe Tax & Bookkeeping Service Inc September 17, 2011
Is what I realized when my appraisal took into consideration all of the hard work the seller had put into my home. I walked into the last home for my life with $10,000 equity because it was appraised that much more than I paid. What can I say? You will have to chase me to the bank to find out! LOL ...read more
Lenders repriced for the better yesterday afternoon following a late day sell-off in stock markets which pushed mortgage-backed security prices to new record highs. Once new rate sheets were distributed, loan officers were able to offer the most aggressive pricing of the year to borrowers who had not yet locked-in their mortgage rate. At the end of the day, most mortgage investors were offering well-qualified consumers 4.5% rates on conventional 30 year fixed loans. No new headline economic reports were released today. The only event on the schedule was the first of three Treasury auctions. At 1pm, the Treasury Department announced the results of the $36 billion 3-year note auction. Strong, stable demand for our nation's debt is one of several factors that have attributed to record low mortgage rates. Today's auction went well and the bond market rallied after the results were released. However the gains seen in MBS pricing were not large enough to warrant improved loan pricing. That's no big deal though, lenders didn't worsen rate sheets this morning and mortgage rates are sitting at their best levels of the year. The Treasury hassuccessfully auctioned $36 billion 3-year notes. This is $4 billion below the April 6, 2009 issue and the smallest 3-yr offering since August 2009.The bid to cover ratio, a measure of auction demand, was 3.23 bids submitted for every one accepted by the Treasury. This is well above the ten auction average of 2.99 and the five auction average of 3.06.Bidding stopped out at a high yield of 1.220%---which was less than 1 basis point below the 1pm "when issued" quote. Cash market yield will be based on a semi-annual 1.125% coupon payment. That is 20bps below the previous coupon of 1.375% and 62.5bp below the April issue. I believe 1.22% is the 2nd lowest "high yield" ever recorded at a 3-yr note auction...only the January 2009 auction was lower (1.20%)Primary Dealers, aka the street, took down 36.9% of the auction. This is about average vs. recent norms. Dealers were more aggressive bidders but still not big buyers of this maturity. 17.6% of their bids were accepted. Direct bidders, aka domestic fund managers like Vanguard and PIMCO, were awarded 16.3% of the issue. This is above the ten auction average of 8.2% and the five auction average of 14.2%. Unlike dealers, direct bidders continue to be big supporters of 3 year note auctions.Indirect buyers took home 46.7% of the auction. This is well below recent norms.Plain and Simple: 3s were the weakest spot on the curve all morning as traders built in a modest debt supply concession before Treasury cutoff bids at 1pm (thanks to a stock "rally"). The concession, while not huge, was large enough to draw out healthy demand from direct bidders and primary dealers, who offset less aggressive demand from indirect buyers. Most importantly, primary dealers were not forced into underwriting the majority of this new issue (+50.% of issue awarded). It was a strong auction overall. It's been a choppy day in financial markets but price action has been contained in a well-defined range. Stocks are playing follow the leader with the Euro. Currently the Euro is +0.13% at 1.1933 and the S&P; is +0.39% at 1054.54. The EU member currency managed to breach the 1.20US$ handle again, but that move lasted less than a minute. Gold is $15 off its newly hit record price highs. 10s have mostly mirrored the movements of equities, trading in a choppy manner between 3.19% and 3.15%. The FN 4.0 is +0-04 at 100-09 and the FN 4.5 is +0-01 at 102-30. The secondary market current coupon is 1.2bps lower at 3.985%. Yield spreads are tighter (even though vols are higher). MBS profit taking has been seen as"rate sheet influential" coupon prices hit new intraday price records today. The FN 4.5 touched 103-00 after the auction! ...read more
By Oklahoma Home Loans June 09, 2010
RISMEDIA, May 14, 2010—Mortgage rates were down for the third week in a row, with the average conforming 30-year fixed mortgage rate falling to 5.07 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgagehas an average of 0.42 discount and origination points. To see mortgage rates in your area, go tohttp://www.bankrate.com/funnel/mortgages/ The average 15-year fixed mortgage stepped down to 4.45 percent and the larger jumbo 30-year fixed rate sank to 5.85 percent. Adjustable rate mortgages were mostly lower, with the average 3-year ARM backpedalling to 4.44 percent while the 5-year ARM dropped to 4.27 percent. Worries over European debt rattled financial markets and brought mortgage rates to the lowest level since St. Patrick's Day. Once again mortgage shoppers were direct beneficiaries as nervous investors equate to lower mortgage rates. Furthermore, this cloud of global economic uncertainty likely gives the Federal Reserve even more latitude to hold the line on interest rates, so mortgage rates will stay a little lower, a little longer, than what was forecast just a few weeks ago. The last time mortgage rates were above 6 percent was Nov. 2008. At that time, the average rate was 6.33 percent, meaning a $200,000 loan would have carried a monthly payment of $1,241.86. With the average rate now 5.07 percent, the monthly payment for the same size loan would be $1,082.22, a savings of $159 per month for a homeowner refinancing now. SURVEY RESULTS30-year fixed: 5.07% — down from 5.12% last week (avg. points: 0.42)15-year fixed: 4.45% — down from 4.49% last week (avg. points: 0.39)5/1 ARM: 4.27% — down from 4.31% last week (avg. points: 0.35) Bankrate's national weekly mortgage survey is conducted each Wednesday from data provided by the top 10 banks and thrifts in the top 10 markets. For a full analysis of this week's move in mortgage rates, go tohttp://www.bankrate.com/mortgagerates The survey is complemented by Bankrate's weekly Rate Trend Index, in which a panel of mortgage experts predicts which way the rates are headed over the next seven days. Nearly two-thirds of the panelists, 64 percent, don't expect much change in mortgage rates and forecast that rates will be more or less unchanged over the next week. Count 29 percent as predicting an increase in mortgage rates, with just 7 percent foreseeing further declines over the next seven days. ...read more
By Oklahoma Home Loans May 18, 2010
We know that each person has specific lending needs, so at Neighborhood Mortgage Group, we strive to meet those needs with quality service and individual attention. We pride ourselves in giving you the mortgage information, loan options and convenient assistance you're looking for. About Me As a professional mortgage loan officer with Neighborhood Mortgage Group, Beau Hall works with all aspects of mortgage financing including loans for home buyers in all price ranges, including First Time Home Buyers. Beau also offers mortgage refinance and debt consilidation loans for his clients. Beau is no stranger to the mortgage and real estate industry, having spent 3 years as a mortgage loan officer and 6 years in the real estate business. His experience has taught him the importance and value of customer service. Beau assists home buyers and refinance clients by finding them the most suitable mortgage plan that fits their individual needs. In particular, Beau has helped many first time home buyers achieve the American Dream with the perfect mortgage loan. Beau is very knowledgeable in a wide range of Mortgage Loan programs such as FHA, Conventional, USDA, VA, and Native American Loans as well as IRS tax credit availability. Beau is available for private consultations for any of your Mortgage needs, and can be reached at 918-402-1559 or by email atbhall@neighborhoodmg.com ...read more
By Oklahoma Home Loans August 14, 2009
Real estate appraisers provide services for mortgage companies, real estate firms and homeowners. These appraisals establish approved mortgage loan amounts and the listing prices. According to the United States Department of Labor, real estate appraisers earn $64,000 each year. ...read more
A commercial appraiser estimates the value of commercial property. Mortgage lending companies, investment and real estate companies, and business owners and individuals rely on the services of commercial appraisers to obtain reports and estimates of the market values of their properties. Commercial la... ...read more
