1st time blogger

Jan 27, 2010

Well here we go. This is my first ever blog. I guess I want to talk about what is on my mind most. The future and stability of our business. We are at a crossroads, Brokers are trying to decide to hang on or work with the banks. I have many on the broker side of the business that hate to crossover. Some of them even feel as if they are giving up or losing the fight. I do not think that is the case with Mortgages Direct. We do not want them to change how they do business or there name. We want to help them by offering some advantages like fast in house underwriting turn times and more money. Sometimes change can be good. Matt Moree Mortgages Direct 678-668-1030

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Jan 27, 2010

Analysis and Data

Home Sales Rise — Along With Prices And Inventory

February saw a 4.2% increase in home sales nationally, NAR data show

Existing-home sales rebounded in February, offering a glimmer of momentum in a housing market still grappling with affordability pressures and high mortgage rates. Sales rose 4.2% from January to a seasonally adjusted annual rate of 4.26 million, according to the latest data...

Analysis and Data

Half Of Renters Give Up On Buying

Nearly half of renters polled say they don't see homeownership as possible — ever

Nearly half of all renters responding to a new survey said the roadblocks in their way of buying a house — high prices, high loan costs, and a tight inventory of homes for sale — are just too great to overcome. Indeed, 48% of the 4,400 renters polled by NeighborWorks Amer...