Raven Ramirez

Weekly Mortgage Report – October 10, 2024

Mortgage Rates Jump on Recent Economic News Mortgage rates increased 20 basis points last week according to the Freddie Mac Primary Mortgage Market Survey released October 10th. Following the release of a stronger-than-expected September jobs report, the 30-year fixed rate mortgage saw the largest one-week increase since April. However, the rise in rates is largely …

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Weekly Mortgage Report – September 26, 2024

Mortgage Rates Decline, Refinances Surge: Opportunities for Homeowners and Buyers Mortgage rates declined one basis point last week according to the Freddie Mac Primary Mortgage Market Survey released September 26th. Although this week’s decline was slight, given the downward trajectory of rates, refinance activity continues to pick up, creating opportunities for many homeowners to trim …

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Weekly Mortgage Report – April 25, 2024

Mortgage rates are on the rise, impacting homebuyer behavior despite steady purchase demand, while the US economy experiences slower growth than expected, influencing housing market dynamics and buyer decisions. Mortgage rates continue their upward movement, increasing another seven basis points from the prior week according to the Freddie Mac Primary Mortgage Market Survey released April …

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Weekly Mortgage Report – April 11, 2024

This week’s financial update examines the continued rise in mortgage rates and robust job growth. We explore how sustained inflation and Federal Reserve policies are affecting the mortgage industry, with recent CPI data signaling a complicated path to lower inflation. Additionally, strong job market reports underscore economic resilience, influencing monetary policy.

John Owens announced as the Executive Vice President and Chief Strategy Officer.

John Owens announced as the new Executive Vice President and Chief Strategy Officer! Denver, CO, 3/26/2024 – America’s Most Trusted Mortgage Company, Megastar Financial Corp., is thrilled to announce John Owens as the Executive Vice President and Chief Strategy Officer! With over 20 years in the mortgage industry, Owens brings a wealth of knowledge and …

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“A good reason why you may want to offer below 5% is when you’re paying with cash (although companies who offer sellers cash for their home will typically offer 65% below market price).”

Publisher: HomeLight
Article: Is It Too Low? What Is Reasonable to Offer Below Asking Price
Link: https://tinyurl.com/2jp6kbmh

    1098 forms were mailed 1/26/2024. 

    If you have questions or need assistance with your 1098 form, please send your question to servicing@megastarfinancial.com.