Michael Johnson NMLS #22028

03/01/2019

The Digital shift is here... We can verify things in 12 minutes that was taking 10 days. We are clearing conditions before we even have the condition now!

The mortgage industry experienced a seismic shift in 2018 with an even greater transformation coming soon. While most mortgage executives have accelerated the adoption of technology to lower cost and increase speed in their operations, customer expectations have evolved at a faster pace than the mor

02/07/2019

Is your current rate above 4.5%? We can help lower your rate call 317-343-4528

Did you buy a house in the past 24 months? Your rate may be too high.

New Construction buyers... Let me lower your rate and save you money each month

An unexpected drop in mortgage rates in late 2018 has inspired some homebuyers into action ahead of the busy spring sales season, spurring an early rush of mortgage applications. The average 30-year fixed mortgage rate was expected to hover above 5 percent in 2019, but instead fell to ten-month lows around 4.46 percent for the week of January 31st.

This drop in mortgage rates caused the Mortgage Banker’s Association January mortgage rate forecast to revise the 30-year fixed mortgage rate down from 5.1 percent to an average of 4.8 percent in 2019 — the same average for all of last year. The average rate is expected to stay below 5 percent through 2021.

As rates took a dip, house price appreciation is also expected to soften. According to the latest CoreLogic Home Price Insights Report, home prices jumped 5.1 percent between November 2017 and November 2018. By November of this year, that growth rate should slow to 4.8 percent.

Potential homebuyers who are crossing their fingers and waiting for home prices to fall further may miss the affordability boat if mortgage rates creep up again. A severe shortage in both new construction and existing housing stock means homebuyers won’t see much decline, if any, in home prices in the foreseeable future.

01/17/2019

https://www.loandepot.com/knowledge-cafe/home-refinance/5-reasons-to-refinance-right-now

5 reasons to refinance right now

01/07/2019

https://www.youtube.com/watch?v=bUb1PlvTp_U&feature=youtu.be&fbclid=IwAR2jRHdbHho8dWM2Lm8UmiXJwXqsqqdD3YgVsnGjidpRp_oZvpeWl8QlHT4

If you want to know about the program and how to sign up let me know and we can discuss the details...