Southwest Funding Mortgage Banker Blog

Mortgage markets deteriorated last week as optimism for a Greek rescue package increased, and as U.S. consumers showed that, despite falling income levels, spending will not be slowed. As reported by the government, household income dropped in August, falling 0.1 … Continue reading →

Mortgage markets improved last week as the Federal Reserve provided new market stimulus and the Eurozone continued to grapple with Greek’s sovereign debt issues. Conforming mortgage rates fell last week overall, dropping for the second straight week. For rate shoppers, … Continue reading →

The mortgage community is full of net branch mortgage companies and the competition and advertising is fierce. Just Google net branch or mortgage branch opportunities and see all of the results. But what are you getting? If you are in … Continue reading →

The Mortgage Bankers Association states that only the funeral industry has fewer repeat customers than the mortgage industry. A primary reason why this joke is too close to the truth is because many net branch mortgage companies, along with mortgage … Continue reading →

Mortgage bonds worsened last week as Eurozone default fears eased abroad, and expectations for a domestic stimulus increased. Mortgage rates rose for the first time in three weeks last week, pushing conforming and FHA mortgage rates off their all-time, historical … Continue reading →

Southwest Funding, a direct endorsement HUD approved mortgage lender headquartered in Dallas, Texas is currently interviewing and hiring for the position of Mortgage Loan Reviewer. Since 1993, Southwest Funding has been the industry leader in long-term opportunities for mortgage professionals. … Continue reading →

Mortgage markets improved last week as a weakening Eurozone and questions about the U.S. economy sparked a global flight-to-quality. Conforming and FHA mortgage rates improved for the second week in a row. The storylines should sound familiar by now. They … Continue reading →

Mortgage markets improved last week on a weak jobs report, expectation for new market stimulus and growing evidence of a global economic slowdown. Rates were especially volatile, too, with the long Labor Day Weekend looming. Overall, conforming mortgage rates improved … Continue reading →

Southwest Funding Business Development Manager Stuart Blend discusses how adding value to your referral partners can increase business. Stuart discusses how technology has improved the loan process, but it has done so at the expense of personal relatoinships that used … Continue reading →

Last week was another volatile week for mortgage rates. Wall Street alternately sought risk and shunned it, causing mortgage-backed bonds to rise and fall rapidly. There was a lot to move markets, too, including banking concerns across Europe, inflation figures … Continue reading →