Market Outlook 2/3

Employment numbers on the rise in the mortgage industry; Student loan debt is still weighing down po

Apr 9, 20182 min read

Employment numbers on the rise in the mortgage industry; Student loan debt is still weighing down po

In 2016, refinances made up 50% of mortgage transactions. In 2017 they made up 35% and with rates on the rise in 2018 we’re going to see...

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Princeton Wholesale

Apr 6, 20183 min read

Are we getting greedy again?

Earlier this week I went on a rant about the subprime (Non-QM) craze and how the MBA conference really opened my eyes to what was going...

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Matt Pfrommer, Princeton Wholesale Mortgage

Apr 3, 20183 min read

Equity in the Numbers

Last week, we posted about the $5.5 trillion in equity that homeowners are sitting on and pondered when and how homeowners would start to...

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We’re all in agreement that non-QM is just subprime, right?

Princeton Wholesale

Apr 2, 20182 min read

We’re all in agreement that non-QM is just subprime, right?

As I walked up and down the aisles at the MBA Conference in Atlantic City last week I couldn’t help but notice the sheer number of...

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Mortgage/Housing Market Outlook is getting better and better

David Star

Mar 28, 20182 min read

Mortgage/Housing Market Outlook is getting better and better

In my previous blog post, I discussed how home prices were outpacing the average US wage. A short housing supply and an ever-increasing...

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Homeowners have more equity than ever; Fannie & Freddie pass go… please collect $4 billion dolla

Princeton Wholesale

Mar 26, 20182 min read

Homeowners have more equity than ever; Fannie & Freddie pass go… please collect $4 billion dolla

A few months ago, we chatted about the refi market and how homeowners are sitting on mounds of equity thanks to the rising home values....

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Matt Pfrommer

Mar 23, 20183 min read

Something's Gotta Give

As I look out the window and see snow everywhere, it’s hard to believe that spring has sprung and the housing market is bracing for the...

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Josh Teti

Mar 22, 20183 min read

This Week Today with Josh Teti… blog edition

Good morning to everyone out there, and I hope you’re having a great week so far! We’ve had quite a busy one, not only inside our...

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Searching for positivity in the mortgage industry as Q1 winds down… I’m still looking.

Princeton Wholesale

Mar 19, 20182 min read

Searching for positivity in the mortgage industry as Q1 winds down… I’m still looking.

Tax reform (for some) has made owning a home more expensive, refinances are down 34% from last year, it’s a purchase market, but we’re in...

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Housing prices are outpacing wages... great!

David Star

Mar 13, 20182 min read

Housing prices are outpacing wages... great!

After Matt Joy’s important, but long post yesterday… I figured today we’d keep it short and sweet for our readers! There have been two...

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Princeton Wholesale

Mar 12, 20183 min read

The Mortgage Broker Renaissance

In Adam McKay’s adaptation of Michael Lewis’ ‘The Big Short’, the mortgage broker is depicted as a smooth-talking con-artist that has...

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Charles Howell

Mar 8, 20182 min read

Risky Business

When you do a quick scan of mortgage related news and current events online, you’ll be overwhelmed with the amount of gloomy housing...

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The White House Employee Carousel Continues; The Senate takes on the Dodd-Frank Act

Princeton Wholesale

Mar 7, 20182 min read

The White House Employee Carousel Continues; The Senate takes on the Dodd-Frank Act

Come senators, congressmen Please heed the call Don't stand in the doorway Don't block up the hall For he that gets hurt Will be he...

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Matt Pfrommer

Mar 6, 20182 min read

Same Soup, Different Day

The Secretary of Commerce, Wilbur Ross, let everyone know on Friday that the new steel tariffs would only increase the cost of a can of...

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Princeton Wholesale

Mar 2, 20182 min read

1… 2… 3… 4… Trump declares a trade war?

Greetings from New Jersey! To top off an already jammed pack week our Operations Manager, Matt Pfrommer and I will brave Nor’easter and...

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Is it time to panic?! New home sales dip in January… but we’re going to be okay.

Princeton Wholesale

Feb 27, 20182 min read

Is it time to panic?! New home sales dip in January… but we’re going to be okay.

As we head into the last month of the quarter it seems to me that all we’ve heard about in the industry are the rising interest rates,...

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Rain, rain, stay away! Updates to flood requirements are on the way.

Charles Howell

Feb 26, 20182 min read

Rain, rain, stay away! Updates to flood requirements are on the way.

As we worry about rising interest rates causing a draining period in our industry, let’s not forget the many people that are literally...

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Matt Pfrommer

Feb 23, 20182 min read

The Lion, the Foreclosure, and the Sale

Default, the term that no one in the mortgage industry wants to deal with but is always lurking in the background. We see a housing...

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Charles Howell

Feb 14, 20181 min read

Will the 5% rate become the new norm?

The MBA has announced that mortgage applications have dropped at the beginning of February, which appears to be the opposite of what we...

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Josh Teti

Feb 8, 20182 min read

Happy workers = more loans?

Here’s a question that most people find difficult to answer…are you happy at your job? It’s a loaded question and a lot of variables go...

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THE EFFORTLESS MORTGAGE NATIONWIDE! PRINCETON WHOLESALE IS LICENSED AND SERVING BROKERS IN 40 STATES & DISTRICTS

THE EFFORTLESS MORTGAGE NATIONWIDE!
PRINCETON WHOLESALE IS LICENSED AND SERVING BROKERS IN 40 STATES & DISTRICTS