Hawaii industry appointments update - 8/8/2007

National Mortgage Professional

Aug 07, 2007

Chase opens second Charlotte officeMortgagePress.comNorth Carolina mortgage companies Chase has opened its second Charlotte, N.C. mortgage office at 13777 Ballantyne Corporate Place. Mortgage banker Andrew Church will be stationed at the new location. New York-based Chase is a home equity lender and subsidiary of JPMorgan Chase & Company. For more information, call (866) 447-1282 or visit www.chaseb2b.com.

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Aug 07, 2007

Analysis and Data

Monthly Rental Costs Increase Putting Strain on Renters

Realtor.com reported Thursday that the median rent price hit $1,827 in April.

The relentless rise in the cost of rent continued in April with the 14th consecutive month of record setting prices. Realtor.com reported Thursday that the median rent price hit $1,827 in April, highlighting the affordability struggles reported by renters. “April data illu...

Industry News

Mortgage Industry Will Soon Be ARMed To The Teeth

ARM loans might be a saving grace to borrowers who recently purchased a home, but it comes with risks.

According to a new report by Redfin, the typical homebuyer could save an estimated $15,582 over five years, or roughly $260 per month, by taking out an adjustable-rate mortgage. That’s the largest savings in dollar volume for adjustable-rate mortgage (ARM) holders since at l...