Posts by Mid-Island Mortgage Corp.
NEWS: 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…
Read MoreAnother Great Closing at Mid-Island Mortgage
Another Great Closing at Mid-Island Mortgage: VP, Sales, Stephanie Santoro (left) customized the perfect affordable mortgage for the Malcoms’ new home in Hempstead, NY. And helping to make the process seamless was their expert underwriter, ChrystiAnn Foote (right).
Read MoreAnother Great Closing at Mid-Island Mortgage
Another Great Closing at Mid-Island Mortgage: Jerome Marshall and Jasmine Gulston (holding sign) are now the proud owners of a Queens, NY, home, thanks to the expertise of senior mortgage banker Vick Ramdeen (second from right), their realtor Sanjeev Thapar and their attorney Susan Liberman.
Read MoreNEWS: Mortgage rates at 18%? That’s what we got the last time a president strong-armed the Fed
September 23, 2019 Kathleen Howley When the National Bureau of Economic Research speaks on a disputed economic issue, it’s a bit like squabbling siblings getting a ruling from a parent. NBER is widely accepted as the arbiter of economic cycles, setting the start and end dates of recessions and expansions. Now, NBER has weighed in on one…
Read MoreNEWS: Average U.S. rent climbs to $1,472 in August
September 16, 2019 Alcynna Lloyd America’s rental prices continued to grow in August, as RentCafé indicates the nation’s average rent increased $47 from the previous year. According to the company’s Apartment Market Report, the national average rent in August totaled $1,472. This is a 0.1% increase from the previous month, and also represents a 3.3% increase from the…
Read MoreAnother Great Closing at Mid-Island Mortgage
Another Great Closing at Mid-Island Mortgage: Debbie Wright and her family in Queens, NY, will now benefit from a lower mortgage payment made possible by a refinance customized by senior mortgage banker Vick Ramdeen (center left).
Read MoreNEWS: Autonomous cars on a crash course with the real estate industry
September 13, 2019 Michael Zaransky You stroll out of your house in the countryside, hop into the self-driving car you ordered and settle in with your coffee and your laptop, not worrying about the fact that it will take you an hour or more to get to work. Though it sounds futuristic, this scenario could…
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