Is this just another drop in the bucket?
As the summer months start to take shape it appears as if there is a refinance storm brewing. The Wall Street Journal published an...
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Peter Gallagher, Princeton Mortgage Wholesale
- Dec 21, 2018
- 2 min
Rate Hikes and Uncertainty for the Holidays!
Big news in the mortgage world this week...I'm sure almost everyone is aware of the rate hike that has occurred. The Fed stuck to their...
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Peter Gallagher, Princeton Mortgage Wholesale
- Sep 20, 2018
- 2 min
Brace for impact!
In the mortgage industry, new lenders are popping up every day, while classic staples run the risk of fading away. Out of the top 20...
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Princeton Wholesale
- Sep 17, 2018
- 3 min
Get hunkered in… it’s going to be a long, cold winter.
As we enter into the final 2 weeks of Q3 it’s clear to me that the competition in our space is stronger than ever… so strong that Fannie...
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Frank Granata, Princeton Mortgage Wholesale
- Aug 21, 2018
- 2 min
Whistle while you work… or is it whistle while you try to find a full-time job?
Home prices are up, inventory is down, lets increase rates a little bit and see what happens. I imagine that’s how the conversation in...
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Peter Gallagher, Princeton Mortgage Wholesale
- Aug 10, 2018
- 3 min
You, me, and International Tariffs.
Just before the walls started to close in around Luke, Chewy and Leia... Han muttered the iconic phrase, “I’ve got a bad feeling about...
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Princeton Wholesale
- Jun 11, 2018
- 2 min
Like gas prices… the cost to originate a mortgage is going up.
$8,957. That was the per loan cost to originate a mortgage in Q1 of 2018. We haven’t seen the costs this high since 2013 – 2014 and it...
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Matt Pfrommer, Princeton Mortgage
- May 18, 2018
- 2 min
Do you hear what I hear?
It is rare in our industry for everyone to be having the same conversation. So many people and businesses are involved in the housing...
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David Star
- Mar 28, 2018
- 2 min
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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Josh Teti
- Mar 22, 2018
- 3 min
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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Josh Teti
- Mar 1, 2018
- 2 min
The Great Recession…have we learned our lesson?
Think back 10 years ago to March 2008 (yeah I know, it’s March already?!). I was in college getting pumped for spring break in Florida...
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Charles Howell
- Feb 14, 2018
- 1 min
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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Princeton Wholesale
- Feb 1, 2018
- 2 min
The CFPB managed to win and lose in their most recent court case; Rates continue to rise…
Have you been following the PHH v. CFPB case? No? Me either, but I did find the most recent ruling in the case very interesting… so we’re...
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Princeton Wholesale
- Jan 30, 2018
- 2 min
Rates are still on the climb; Lenders are looking to slim down overhead wherever possible… even sale
Yesterday, we saw a huge sell off in the bond market that led to… quite honestly, scary looking rate sheets. Mortgage rates aren’t...
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Princeton Wholesale
- Jan 5, 2018
- 2 min
How concerned should we be about rising home values & higher interest rates?
It seems as if everyone is paying a LOT of attention to rates, the bond market, housing prices etc. That makes sense though… right? If...
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