Archive for January 2020

Another Great Closing at Mid-Island Mortgage

VP, Sales Stephanie Santoro (center in yellow) provided the perfect mortgage for the Scotts as they bought their first home in Farmingdale, NY. Also playing critical roles were the Scotts’ realtors Lisa O’Donnell (left) and Anita Watterson (back) of Exit Realty Dreams in Massapequa as well as attorney Vincent Cella (right).

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NEWS: Weekly mortgage applications soar 30% as homebuyer demand hits the highest level in 11 years

Diana Olick January 15, 2020 It was a seriously strong start to 2020 in the mortgage business for new home loans and refinances. Total mortgage application volume surged 30.2% last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Refinancing led the surge, thanks to a drop in mortgage rates.…

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NEWS: Housing Markets that Changed Most over Past 10 Years

Mike Sorohan January 2, 2020 CONTESTANT: “I’ll take ‘Demographics’ for 2020, Alex.” ALEX TREBEK: “Fort Lauderdale, Las Vegas, San Francisco, Salt Lake City and Nassau County, N.Y. Yes?” CONTESTANT: “Which U.S. cities have experienced the most dramatic housing shifts since 2010?” ALEX: “Correct.” According to Redfin, Seattle, the U.S. housing market ended the decade in…

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