• Sample Page

Hanover Mortgages

The Refined Mortgage Lending Company & Home Loan Lenders

volume

Inflation slows to 7.1% in November, a boost for the housing market

January 30, 2023 by Brett Tams

Slower-than-expected inflation rate is good news for the housing market, which has suffered greatly from the affects of rate hikes.

Posted in: Mortgage, Mortgage Rates Tagged: 2, 2021, 2022, 2023, 30-year, action, affordability, Bank, before, Benefits, black, Black Knight, blue, Bureau of Labor Statistics, buyers, cars, color, Consumer Price Index, data, decades, Economy, energy, fed, Fed Policy, Federal Reserve, Financial Wize, FinancialWize, food, good, growth, home, Home Price, home price growth, home prices, Housing, Housing market, impact, index, industry, Inflation, inflation rate, interest, interest rate, interest rates, inventory, Investing, investors, jobs, labor market, lenders, Logan Mohtashami, low, Low inventory, LOWER, market, markets, More, Mortgage, MORTGAGE RATE, Mortgage Rates, Move, Moving, News, points, portfolio, president, rate, Rates, Rent, statistics, Style, the fed, time, Treasury, Unemployment, unemployment rate, volume, wages, will

What is Inflation and How Can It Hurt You?

January 30, 2023 by Brett Tams

Concerns over inflation continue to be a hot issue in the economic recovery from the COVID-19 pandemic. But what is inflation? And should you be worried about it?

Posted in: Money Basics, Personal Finance Tagged: 1970s, 2, 2021, All, average, balance, Bank, basic, before, Benefits, big, bitcoin, Blog, blue, bond, book, Budget, building, Built, Bureau of Labor Statistics, Buy, Buying, car, cars, coffee, Consumer Price Index, Consumers, cost, coupons, covid, COVID-19, COVID-19 pandemic, Credit, data, dating, debate, diversification, dividends, driving, Economics, Economy, education, efficient, Emergency, Emergency Fund, expectations, expenses, expensive, experts, Extra Money, Family, fed, Financial Wize, FinancialWize, food, Food and Beverage, fund, gas, gas prices, gold, good, government, great, grocery, grocery bill, growth, healthy, hindsight, historical, Homebuyers, homes, house, Housing, How To, hypothesis, ideas, index, industry, Inflation, inflation rate, interest, interest rates, Invest, Investing, investment, investors, items, jump, Lifestyle, living expenses, LOWER, Make, Medical, model, money, Money Basics, More, more money, Move, new, Other, pandemic, payments, plan, Popular, portfolio, present, principal, protect, protection, Purchase, rate, Rates, Rent, rich, right, rising prices, savings, Savings Account, Savings Accounts, second, securities, shortage, shortages, simple, smart, Software, Spending, states, statistics, stimulus, stocks, Technology, time, tips, Transportation, Travel, Treasury, trend, trends, united, value, volume, wages, waves, will, work, workers, wrong, young

920: Overcoming Adversity for Millions in Annual Sales with Elliot Hoyte

January 30, 2023 by Brett Tams

For most real estate professionals, it takes time to build a profitable business. Many go months without a single sale, and countless agents leave the industry due to that initial struggle. Today’s guest, Elliot Hoyte, overcame it and is now selling millions in volume annually. Listen and learn how he did it and what he suggests to agents who are stuck in a sales slump. Plus, you’ll hear how selling luxury cars compares to selling residential real estate, how to leverage your two most powerful tools in sales, and more.
Get Instant Access to Hundreds of Free Real Estate Tools
Visit hibandigital.com/toolbox
Claim Real Estate Discounts, Free Trials, and More
Visit hibandigital.com/resources
Sponsors
Rebus University – Get Over $10,000 in Real Estate Training for as Little as $97
Visit futureofrealestatetraining.com
PadHawk – Find Your Market’s Best Leads for FREE with a 7-Day Trial
Visit padhawk.com
Roddy’s FLS – Discover Unbeatable Real Estate Deals with a FREE Foreclosure List
Visit 4closure.info

Posted in: Small Business Tagged: agents, build, business, cars, Deals, Discounts, discover, estate, Financial Wize, FinancialWize, foreclosure, guest, How To, industry, Learn, leverage, list, Luxury, market, More, Real Estate, real estate tools, Residential, sales, selling, single, time, tools, volume

Point of Sale, Appraisal, Outsourcing, Appraisal Products; Mergers and Lender Closures Continue

January 30, 2023 by Brett Tams

Every lender or investor with an “a” in their name seems to be subject to rumors and news in recent months. (More on Flagstar and American Pacific below.) Know anyone named “Bernadette”? The name is actually Latin for, “The act of torching a mortgage.” (Yes, it is cutting edge humor like that which brings you back.) Burning liens isn’t a topic, but paying them off early is, and with mortgage rates off of their highs, early pay offs, or EPOs, were a conversation topic at the conference this week. And with it, loan officer compensation follows. Can a lender pay an originator based on pull through? Yes. Can lenders pay different originators under different payment plans, as long as the originator sticks with one plan? Yes. Can a lender, if they comply with state labor law, ask for compensation back after an EPO or EPD? Yes, and it may depend on the contract signed by both parties at the beginning of employment. As always, consult your in-house counsel or a lawyer well-versed in mortgage banking. While we’re on originators, occasionally I am asked about training for brand-spanking-new loan officers. No, this is not a paid ad, but veteran LO Tanya Blanchard has created Madison Chase Academy, “6 Months to 6 Figures: A Loan Officer’s Guide to a Profitable Business” with a sneak peak on the website. (This week’s podcast is sponsored by Richey May, a recognized leader in providing specialized advisory, audit, tax, technology, and other services in the mortgage industry and in banking.)

Posted in: Refinance, Renting Tagged: 2, 2021, 2022, 2023, accountant, active, ad, advice, advisor, affordability, affordable, All, American Pacific Mortgage, android, app, apple, Applications, Apps, Arizona, ask, author, Bank, Banking, before, Bill Lowman, Blog, book, Broker, business, buyers, california, CEO, chance, chase, closing, Commentary, company, Compensation, cost, covid, COVID-19, Customer Experience, data, Economy, Employment, entertaining, Entrepreneurs, excellence, expectations, expensive, experience, experts, Fall, fed, Fees, Finance, Financial Wize, FinancialWize, Flagstar Bank, front, Google, government, great, Grow, growth, guide, history, hold, home, home buyers, Home Sales, Homebuyers, homeownership, house, Housing, How To, impact, Income, index, industry, Inflation, inspection, investment, iOS, iPhone, job, jobs, Law, lawyer, leadership, Learn, lenders, liens, list, LLC, loan, Loan officer, loan officers, Local, local markets, LOWER, Make, market, Marketing, markets, MBS, Michigan, mobile, Mobile App, modern, More, Mortgage, Mortgage News, Mortgage Products, mortgage professionals, Mortgage Rates, mortgage technology, Mortgages, new, new home, new home sales, News, offer, Operations, Opinion, Other, Outsourcing, payments, pending home sales, percent, Personal, plan, podcast, products, property, Purchase, rate, Rates, Recession, Reggora, resolution, retail lenders, retail mortgage, Review, right, running, sales, shares, simple, single, skill, smart, Social Media, Software, specialty, Spending, states, story, suite, tax, Technology, the fed, time, title, trust, Twitter, under, unique, united, value, versus, volume, wants, will, work

Dave Stevens on understanding this housing market

January 30, 2023 by Brett Tams

Dave Stevens discusses the psychology of this housing market and five things loan originators need to remember if they want to succeed now.

Posted in: Mortgage, Mortgage Rates Tagged: 2, 2021, 2022, 2023, aging, All, author, Banking, basic, before, betting, bitcoin, business, Buy, buyer, buyers, Buying, cabin, cars, CEO, College, Consumers, country, covid, Credit, data, Demographics, Digit, Economy, estate, Family, fed, Federal Reserve, FHA, Finance, Financial Wize, FinancialWize, First-time Homebuyers, Forecast, Forecasts, Freddie Mac, good, Graphic, great, history, hold, home, home prices, home purchases, Home Values, homebuyer, Homebuyers, Homeowner, hotels, house, Housing, Housing market, Housing markets, industry, interest, interest rate, Layoffs, leadership, learned, Legislation, lenders, lending, lessons, loan, Loans, low, Make, market, markets, MBA, MBA forecasts, millennials, More, Mortgage, Mortgage Bankers Association, mortgage lenders, MORTGAGE RATE, Mortgage Rates, Mortgages, new, offer, Opinion, Other, points, president, pretty, Psychology, Purchase, rate, Rates, Real Estate, realtor, Realtors, Recession, Refinance, refinancing, restaurants, return, right, sales, Sell, sellers, selling, shortages, single, single-family, skill, Spending, Stearns, stimulus, story, the fed, time, timing, title, value, Video, volume, wells fargo, will, working

First Home Mortgage Review: A Maryland Mortgage Lender with a Strong Focus on Home Buyers

January 30, 2023 by Brett Tams

With a name like “First Home Mortgage,” you would expect a serious commitment to home buyers. And that’s exactly what the company offers, with superior customer service and a wide range of product offerings. The highlight might be access to down payment assistance programs from six state housing finance agencies. This can make the dream… Read More »First Home Mortgage Review: A Maryland Mortgage Lender with a Strong Focus on Home Buyers

The post First Home Mortgage Review: A Maryland Mortgage Lender with a Strong Focus on Home Buyers appeared first on The Truth About Mortgage.

Posted in: Renting Tagged: 203k, active, All, app, apr, ARM, assets, banks, brokers, browsing, Budget, business, buyers, Buying, Calculators, CEO, company, condos, Connecticut, cons, construction, customer service, Digital mortgage, down payment, Down Payment Assistance, dream, East Coast, existing, Family, Fannie Mae, Fannie Mae and Freddie Mac, Fees, FHA, FHA loans, Finance, Financial Wize, FinancialWize, financing, first home, Florida, Freddie Mac, Georgia, get started, good, government, guide, Guides, hold, home, home buyers, home buying, home loan, home loans, home prices, home renovation, Homeowner, homeownership, Housing, housing development, housing finance, How To, indiana, investment, Investment Properties, Jumbo loans, Learn, lenders, list, loan, Loan officer, loan officers, Loan origination, loan programs, Loans, Local, low, low mortgage rates, maine, Make, making, Maryland, Massachusetts, Michigan, mobile, Mobile App, More, Mortgage, mortgage calculators, mortgage lenders, Mortgage Rates, mortgage refinance, Mortgage Reviews, mortgage technology, new, New Jersey, north carolina, offer, offers, office, Offices, Origination, Other, programs, property, pros, Pros and Cons, Purchase, Purchase loans, rate, Rates, ratings, ready, Refinance, renovation, Review, Reviews, search, single, single-family, South Carolina, states, Technology, Tennessee, time, townhomes, Underwriting, unique, USDA, usda loans, VA, VA loans, versus, virginia, volume, Websites, Zillow

Apartment market weakens as Fed rate hikes impact rent and financing

January 30, 2023 by Brett Tams

“The Fed’s interest rate hikes are having their intended effect on prices, as monthly apartment rents decreased nationwide,” Obrinsky said. He added that although rents are still higher than year-ago levels, this reflects past, not current rent inflation. NMHC’s sales volume index was also below the break-even level at 10. Around 82% reported lower sales … [Read more…]

Posted in: Refinance, Savings Account Tagged: 2, apartment, buyers, cost, Debt, Debt Financing, equity, fed, Financial Wize, FinancialWize, financing, impact, index, industry, Inflation, interest, interest rate, LOWER, market, Mortgage, rate, Rent, sales, sellers, the fed, Transaction, updates, volume

Denver Housing Market Update August 2021

January 30, 2023 by Brett Tams

As the school year begins, the market remains active but has started to slow slightly.

The post Denver Housing Market Update August 2021 appeared first on Homie Blog.

Posted in: Roommate Tips Tagged: 2021, active, agent, agents, before, bidding, Blog, buyer, buyers, Buying, city, Colorado, Competition, data, days on market, dream, estate, experience, Financial Wize, FinancialWize, good, guide, homes, Homie, house, Housing, Housing market, How To, jump, list, list price, Listings, Local, Make, market, Market Trends, More, new, new listings, offer, offers, ready, Real Estate, Real Estate Agents, sales, School, seller, selling, time, under, update, volume

The end of the road: Preparing to buy a new car

January 29, 2023 by Brett Tams

Yesterday, Kim and I joined my cousins for an afternoon trip to the Oregon Coast. Our aim was to harvest a bounty of clams. We came home with zero. We managed, however, to harvest a bounty of mussels. Plus, the dog had fun.

Duane, Kim, and Tally at Cannon Beach

My cousin Duane carpooled with us to and from the beach. We rode in Kim’s car: a 1997 Honda Accord that’s showing signs of its age.

“It’s a little warm in here,” Duane said about ten minutes into our drive. “Would you mind turning down the heat?”

“Well, I can’t turn down the air,” Kim said. “It’s stuck on high. But I can turn down the temperature.” She laughed as she demonstrated that the knob for the air volume has broken off at the post. The vents now permanently blow at full force.

“This car is falling to pieces,” I said. “Literally.” As if to prove my point, a bit of molding fell from a roof handle. I picked it up and wedged it back into place.

“I like my car,” Kim said. “I have an emotional attachment to it. But I’ve come to the realization that it’s time to start searching for something else.”

More and more, it looks like our vehicles have reached the end of the road.

Posted in: Budgeting, VA Loans Tagged: adventure, air, All, Arizona, beach, before, big, Budget, Budgeting, budgets, Buy, Buying, buying a new car, california, car, car buying, cars, cents, country, couple, data, Debt, deck, driving, electric, electric car, exercise, Financial Wize, FinancialWize, fun, gap, good, great, heat, hold, home, idaho, Lifestyle, love it, Make, math, miles, Mini Cooper, model, money, More, Move, needs, new, Oregon, Other, party, plan, Planning, priorities, Purchase, ready, rental, Research, rich, RV, Saving, searching, Sell, Spring, summer, Tally, Tesla, time, timeline, title, Transportation, trust, upgrade, value, vehicles, volume, wall, washington, will, winter, women, young, youtube

LOs, mortgage rates and the long, cold winter ahead

January 29, 2023 by Brett Tams

Despite a recent decline in mortgage rates, the housing market is still nowhere near normal and volume will remain low for the foreseeable future.

Posted in: Mortgage, Mortgage Rates Tagged: 2021, 2022, 2023, 30-year, 30-year fixed rate loan, affordability, Applications, Apps, Bank, bar, borrowing, Consumer Price Index, Credit, credit rating, Credit risk, data, experts, fed, Federal Reserve, Financial Wize, FinancialWize, Fitch Ratings, floor, front, funds, growth, holiday, home, home loans, home prices, Housing, Housing market, improvement, index, industry, industry experts, Inflation, interest, interest rates, job, job market, Joel Kan, Jumbo loans, Life, loan, loan officers, Loans, Logan Mohtashami, low, LOWER, market, MBA, More, Mortgage, mortgage applications, mortgage apps, Mortgage Bankers Associaiton, Mortgage Bankers Association, Mortgage Products, MORTGAGE RATE, Mortgage Rates, mortgage refinancing, Move, new, News, Origination, points, president, products, projects, Purchase, Purchase loans, rate, Rates, refinancing, rental, risk, second, thanksgiving, the fed, time, title, volume, will, winter, working
1 2 … 11 Next »

Archives

  • January 2023
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • October 2020

Categories

  • Account Management
  • Apartment Communities
  • Apartment Decorating
  • Apartment Hunting
  • Apartment Life
  • Apartment Safety
  • Auto
  • Auto Insurance
  • Auto Loans
  • Bank Accounts
  • Banking
  • Borrowing Money
  • Breaking News
  • Budgeting
  • Building Credit
  • Building Wealth
  • Business
  • Car Insurance
  • Car Loans
  • Careers
  • Cash Back
  • Celebrity Homes
  • Checking Account
  • Cleaning And Maintenance
  • College
  • Commercial Real Estate
  • Credit 101
  • Credit Card Guide
  • Credit Card News
  • Credit Cards
  • Credit Repair
  • Debt
  • DIY
  • Early Career
  • Education
  • Estate Planning
  • Extra Income
  • Family Finance
  • FHA Loans
  • Financial Advisor
  • Financial Clarity
  • Financial Freedom
  • Financial Planning
  • Financing A Home
  • Find An Apartment
  • Finishing Your Degree
  • First Time Home Buyers
  • Fix And Flip
  • Flood Insurance
  • Food Budgets
  • Frugal Living
  • Growing Wealth
  • Health Insurance
  • Home
  • Home Buying
  • Home Buying Tips
  • Home Decor
  • Home Design
  • Home Improvement
  • Home Loans
  • Home Loans Guide
  • Home Ownership
  • Home Repair
  • House Architecture
  • Identity Theft
  • Insurance
  • Investing
  • Investment Properties
  • Liefstyle
  • Life Hacks
  • Life Insurance
  • Loans
  • Luxury Homes
  • Making Money
  • Managing Debts
  • Market News
  • Minimalist LIfestyle
  • Money
  • Money Basics
  • Money Etiquette
  • Money Management
  • Money Tips
  • Mortgage
  • Mortgage News
  • Mortgage Rates
  • Mortgage Refinance
  • Mortgage Tips
  • Moving Guide
  • Paying Off Debts
  • Personal Finance
  • Personal Loans
  • Pets
  • Podcasts
  • Quick Cash
  • Real Estate
  • Real Estate News
  • Refinance
  • Renting
  • Retirement
  • Roommate Tips
  • Saving And Spending
  • Saving Energy
  • Savings Account
  • Side Gigs
  • Small Business
  • Spending Money Wisely
  • Starting A Business
  • Starting A Family
  • Student Finances
  • Student Loans
  • Taxes
  • Travel
  • Uncategorized
  • Unemployment
  • Unique Homes
  • VA Loans
  • Work From Home
hanovermortgages.com
Home | Contact | Site Map

Copyright © 2023 Hanover Mortgages.

Omega WordPress Theme by ThemeHall