Posts by Mid-Island Mortgage Corp.

NEWS: Key Housing Markets Still Seeing Bidding Wars

MBA NewsLink Staff May 10, 2018 Redfin, Seattle, despite a noticeable nationwide decline in bidding wars for homes in April, pockets of the country, particularly on the West Coast, remain hot this spring. Redfin reported just 15 percent of offers written by Redfin agents on behalf of their home-buying customers in April faced a bidding war,…

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NEWS: 22% of Millennials Still Live with Parents

MBA NewsLink Staff May 10, 2018 More people age 23-37 are living with their parents than at any time this century, said Zillow Inc., Seattle. Nearly 22% of American millennials–more than 14 million in total–live with a parent or both parents, the highest share for this age group since at least 2000. Zillow said the share…

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New York State Union of Teachers 2019

May 9, 2019 Mid-Island Mortgage’s Shawn Dwyer, VP, Sales, Union Business Development, was proud to attend the 2019 New York State Union of Teachers (NYSUT) Representative Assembly in Albany, NY, and offer the UnionDirect mortgage discount program. Mid-Island Mortgage is NYSUT’s solely endorsed mortgage lender.

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NEWS: Mortgage Action Alliance ‘Call to Action’ Urges Support for Self-Employed Mortgage Access Bill

MBA NewsLink Staff May 8, 2018 The Mortgage Bankers Association’s grassroots advocacy arm, the Mortgage Action Alliance, issued a Call to Action yesterday urging support of legislation that would improve mortgage access for the self-employed, gig workers and other non-traditional borrowers.   MAA asked support for H.R. 2445, The Self-Employed Mortgage Access Act (https://emmer.house.gov/sites/emmer.house.gov/files/EMMER_017_xml.pdf), introduced by…

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NEWS: Mortgage Applications Rise in MBA Weekly Survey

MBA NewsLink Staff May 8, 2018 Mortgage applications rose for the first time in five weeks as key interest rates dropped slightly, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending May 3. The Market Composite Index increased by 2.7 percent on a seasonally adjusted basis from one…

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NEWS: Applications Bounce Back in MBA Weekly Survey

NEWS

MBA NewsLink Staff October 24, 2018 Mortgage applications rebounded solidly from one week earlier as key interested rates continued to hover at seven-year highs, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending October 19. The previous week’s results did not include an adjustment for the Columbus Day…

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NEWS: Housing Inventory Shows Signs of Catching Up

NEWS

Mike Sorohan msorohan@mba.org October 23, 2018 Recent housing price reports suggest that the housing inventory crunch of the past few years is finally showing signs of subsiding, even as home prices continue to rise and sales drop. Redfin, Seattle, reported U.S. home sale prices increased by just 2.1 percent in September compared to a year ago.…

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