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Peter Gallagher, Princeton Mortgage Wholesale
- Oct 17, 2018
- 2 min
Amazon won't be boxed out of the Mortgage biz...
Back on March 8th of this year, HousingWire first reported that Amazon (yes, THAT Amazon) was looking to hire an individual to lead their newly-formed mortgage division. Previously, it was assumed that the online shopping giant would start with offering checking programs, and then possibly move into debt-based products after establishing themselves. But it seems they’re priming themselves to take the leap as we speak. Yesterday at the MBA annual convention, representatives fo
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Peter Gallagher, Princeton Mortgage Wholesale
- Sep 12, 2018
- 3 min
Sack the Rates!
Happy Wednesday everyone! I hope the first week of the NFL regular season treated you well (unlike us here in Pittsburgh), and week 2 is right around the corner with the Ravens headed to Cincinnati tomorrow night. We’re almost mid-month, and I think this is a great time to talk market outlook. Freddie Mac is reporting rates are looking better than they were since this past April (great news), so it could be a great time for potential home buyers to re-check the market. Same g
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Peter Gallagher, Princeton Mortgage Wholesale
- Aug 31, 2018
- 2 min
Crucial Conferences
No matter what industry you find yourself working in, whether it be medical, technology, or housing… it’s almost a guarantee there’s some sort of professional conference that you can involve yourself in. There’s the Agents of Change Summit in San Diego, the famous SXSW tech conference in Austin, and our friends at HousingWire will be hosting their engage.marketing conference September 13th & 14th. As mentioned before, we here at Princeton Mortgage Wholesale will be attending
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Peter Gallagher, Princeton Mortgage Wholesale
- Aug 27, 2018
- 3 min
The Correction Opportunity
That’s what I look like when I hear the words ‘market correction’. It’s simple cause end effect. An action is taken, and a result is produced. What happens when housing prices drop? A chance for investors to stack some bills. Like some other ambitious 20-somethings, I have a good friend who’s been toying with the idea of buying a house for the past two years. We’ve always had serious intentions in purchasing investment properties and already have (the beginnings of) plans in
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Peter Gallagher, Princeton Mortgage Wholesale
- Aug 24, 2018
- 3 min
Breathe in, breathe out. (Most of us) will make it…
I know it, you know it, everyone knows it. There’s a market correction coming in between 2019-2022. Our economy is artificially propped up and it’s currently teetering on its stilts. The last time the Dow Jones lost over 54% of its value was from 2007-2009. If we’re in for another roller coaster ride like that, there will be a few headaches before we get off. But should everyone be screaming? Who will make it through the ride just fine? You may be saying ‘Just fine? Our prope
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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 this..." Unless the soaring housing prices have caused you to live under a rock, you’re probably aware we’re in the early stages of what some experts are calling a ‘trade war’. On July 3rd, the administration of President Donald Trump officially imposed tariffs on $34 Billion worth of Chinese goods. There are threats of tariffs as high as $800
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