Parker Thompson, MLO, NMLS 1772335

Parker Thompson, MLO, NMLS 1772335 My goal is to get you from application to closing with as much ease as possible and to have fun while we do it!

Equal Housing Opportunity Lender
Northpoint Mortgage d/b/a Fairway Independent Mortgage Corporation
Corp NMLS 2289
bit.ly/FIMCDisclosures

Fairway had an opportunity to listen to economist and mortgage guru Barry Habib this week. He explained where we are in ...
11/18/2022

Fairway had an opportunity to listen to economist and mortgage guru Barry Habib this week. He explained where we are in the market and how that correlates with past trends. Very encouraging information as we prepare for 2023!

07/26/2022

June home sales were down 8.2% on top of the previous near 5% drop in May. What does this mean, and why is it a good thing? Well, it means home prices are going to hopefully start leveling off and buyers won't be competing with as many offers. It's also good for mortgage rates, so we should start seeing some stabilization there, too. All-in-all, it's still a great time to buy a home.

07/16/2022

Yesterday was a good day in the bond market! If you’re out shopping for your new home this weekend, give me a call. These rates are good until Sunday evening🏡

What's *really* happening with mortgage rates? Let's talk about it. I saw several shares last week about a drop in inter...
07/12/2022

What's *really* happening with mortgage rates? Let's talk about it. I saw several shares last week about a drop in interest rates, when in fact, we were seeing an increase. It's true that we recently saw some relief in the bond market, but it didn't last more than a few days before taking a sharp dip. Let's first discuss where the information came from. The articles shared were based on Freddie Mac's Primary Mortgage Market Survey. This is a weekly release based on the *previous* week's rates from the top lender's in the country. What does that mean? The article was released 7/7, but was based on rates for the week of 6/27-7/1. So, yes. During that time, bond prices did go up, and rates did come down slightly, but, by the time the article was released, they'd already moved back up. So far this week, we haven't seen any significant movement, but that's not to say we won't after the fed meets again.

It’s that easy! Borrowers have already eSigned the majority of their closing docs before even getting to the attorney’s ...
06/07/2022

It’s that easy! Borrowers have already eSigned the majority of their closing docs before even getting to the attorney’s office. Once they arrive, it should be 20 minutes or less to finish signing the notary docs & get funding approval. BOOM!

10/02/2019

Real Estate Tip of the Day: Be careful when considering selling your house to OpenDoor. I had a client sell to them out of convenience, but that convenience cost them an additional 4% in commissions. Even if they chipped in for closing costs to a buyer, it wouldn't have cost that much. That was money they could have put toward their next purchase or moving costs. Everyone has a friend who's a realtor or knows a realtor. Always talk to them first before signing that OpenDoor agreement.

Address

200 Mansell Court E, Ste 105
Roswell, GA
30076

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