Founding Partner Stewart Hunter delivers a quick market update, including the $2 Trillion bailout package, shelter in place, and Benchmark's own market and operation status.
Category: Quick Hit
Benchmark’s Express Hybrid E-Closing
As social distancing sweeps the nation, Benchmark offers our clients Hybrid E-Closes where you can sign up to 70% of your documents remotely! Watch the video to learn more.
2019 Summer Market Update With Jim McMahan: Is it a good time to refinance?
In this video, Jim McMahan, President of Benchmark Mortgage, talks about the market, interest rates, and debt strategy to help you decide whether refinancing might be a good option for your financial goals.
2019 Summer Market Update With Jim McMahan: Is it a good time to refinance?
In this video, Jim McMahan, President of Benchmark Mortgage, talks about the market, interest rates, and debt strategy to help you decide whether refinancing might be a good option for your financial goals.
Quick Hit: MBA mortgage Finance Forecast
The Mortgage Bankers Association forecast for 2018 reflects continued growth in new home sales (housing starts), and a slight increase in existing home sales. The report also reflects a continued, albeit slight, increase in 30 year fixed interest rates...
Mortgage Applications Rise 4.1% According to Most Recent Data
The Mortgage Bankers Association reported a 4.1% increase in mortgage applications from the prior week. Steve Remington, Benchmark’s Chief Operations Officer, noted that the increase in applications could be a consumer response to the recent trend in the market, indicating a shift from the prolonged period of low interest rates. “Mortgage Bankers Association Data indicates …
The post Mortgage Applications Rise 4.1% According to Most Recent Data appeared first on Benchmark.
HUD Announces New FHA Loan Limits
Yesterday, December 7, 2017, the Federal Housing Administration announced that for 2018, 3,011 out of 3,141 counties in the U.S. (~96% of all counties in the nation) will see an increase in FHA loan limits. Ceilings and Floors In high-cost areas, the FHA’s loan limit ceiling will increase this year to $679,650, up from $636,150, …
The post HUD Announces New FHA Loan Limits appeared first on Benchmark.