Archive for October 2019
Another Great Closing at Mid-Island Mortgage
Another Great Closing at Mid-Island Mortgage: VP, Sales Stephanie Santoro (center) was able to provide a better mortgage option and quicker process for Irene and Gustav Messenlehner in their purchase of their new Smithtown, NY, home.
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Another Great Closing at Mid-Island Mortgage: The Feericks were able to purchase their first home in Lindenhurst, NY, thanks to the care and expertise of their Mid-Island loan officer Walter Villalta, VP, Sales (right)
Read MoreNEWS: Black Knight: Lower Interest Rates Boost Home Affordability to Three-Year High
October 08, 2019 MBA NewsLink Staff Black Knight, Jacksonville, Fla., said low interest rates reduced the national median income to make monthly principal and interest payments on the average-priced home in September to the most affordable level in three years. The company’s monthly Mortgage Monitor said as of the end of September, it now requires just…
Read MoreNEWS: FEMA may have to buy millions of homes due to climate crisis
October 9, 2019 National Mortgage News As the climate crisis worsens, more Americans will be forced from their homes. Many won’t be able to afford it, and the U.S. isn’t prepared for a massive, government-subsidized migration away from flood-prone areas, according to the first comprehensive analysis of Federal Emergency Management Agency data. In the end,…
Read MoreAnother Great Closing at Mid-Island Mortgage
Another Great Closing at Mid-Island Mortgage: All sides of this purchase in Queens, NY, were made happy by Senior Mortgage Banker Vick Ramdeen (center), buyer’s attorney Susan Liberman (center, left) and seller’s attorney Ene Crooks (right). Mother Patricia Williams (center, right) sold her house to her daughter Darlene Miller (left) with the perfect mortgage.
Read MoreAnother Great Closing at Mid-Island Mortgage
Another Great Closing at Mid-Island Mortgage: Senior Loan Officer Maria Estrada (right) customized the perfect mortgage for the Vazquez family’s first home purchase in Brooklyn, NY.
Read MoreNEWS: Redfin: People Who Bought Homes in 2012 Have Earned $203 Billion in Equity
September 27, 2019 MBA NewsLink Staff Redfin, Seattle, said people who bought a home at the bottom of the market in 2012 have earned a median $141,000, or 261%, in home equity since then. The report, based on a Redfin analysis of the home equity earned from 1.4 million homes purchased across 138 markets in…
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