Jake Picone

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Jake Picone Hello. I am a Mortgage Originator for Nations Lending.

Rates coming down a bit. As for recession worries, economy cycles happen for many reasons, just keep your eyes on your f...
27/05/2022

Rates coming down a bit. As for recession worries, economy cycles happen for many reasons, just keep your eyes on your future, stay informed, and plan to do whats best for yourself and your loved ones in the long run.

The 30-year average decreased for the second week in a row but still is almost 2% higher than its year-end 2021 level.

I commonly field questions about the year to come and the market as a whole now that 2022 is a cool off following the HO...
28/04/2022

I commonly field questions about the year to come and the market as a whole now that 2022 is a cool off following the HOT market of low rates and inventory that just could not keep up. I am putting out this survey in the hopes that I can put together information or posts that target the public's specific concerns. I have been finding people are afraid to ask or just assume this is not the time to be inquiring about a mortgage. This is not the case. You can ALWAYS discuss your financial, residential, and mortgage future with a Mortgage Loan Originator even if you are simply in the planning stage for the year to come. So, if you would be so kind as to take a minute of your time to answer this mortgage related survey –only 5 questions- and help me discover - and hopefully put to rest – some concerns, I would greatly appreciate it!

Thank you for your time! I look forward to viewing your responses.

For those who have been asking me about rates and the year to come, I have been talking about this quite a bit. The vola...
28/04/2022

For those who have been asking me about rates and the year to come, I have been talking about this quite a bit. The volatility will level out. Our rates remain as competitive as ever in the industry.

But the recent spike has contributed to a noticeable downturn in purchase demand, according to Freddie Mac.

Still plenty of time to get that rate locked in. If looking into a refinance is on your 2022 list, now is the time!
30/01/2022

Still plenty of time to get that rate locked in. If looking into a refinance is on your 2022 list, now is the time!

The interest rate on a 30-year fixed-rate mortgage ticked down to 3.55% this week, according to Freddie Mac.

Still time to lock in a great rate for 2022! If you're thinking about a refinance or purchase for the new year, now is t...
20/01/2022

Still time to lock in a great rate for 2022!
If you're thinking about a refinance or purchase for the new year, now is the time!

Check out the mortgage rates for Jan. 20, 2022, which are unchanged from yesterday.

People are staying in homes longer than ever now. May be time to look at a new kitchen and bump up that equity! Refinanc...
11/01/2022

People are staying in homes longer than ever now. May be time to look at a new kitchen and bump up that equity! Refinance and rehab loans to fund projects like these are becoming popular.

From countertops to flooring to colors and beyond, see what styles are hot this year.

The Fed is going to begin stepping in 2022, but things STILL look good!  Rates are still historically record lows, so do...
16/10/2021

The Fed is going to begin stepping in 2022, but things STILL look good! Rates are still historically record lows, so don't be afraid to ask about a mortgage or refinance.

Economists at Fannie Mae expect higher mortgage rates and home prices next year due to higher inflation, a tightening of monetary policy, and low home inventory

Interesting. The next big wave of real estate, post pandemic... Commercial / Office space.
31/03/2021

Interesting. The next big wave of real estate, post pandemic... Commercial / Office space.

As companies begin to look at moving back into commercial office space, the questions far outnumber the answers as to how it will all play out

There's still time! If you're thinking about a refi, don't wait much longer.
18/03/2021

There's still time! If you're thinking about a refi, don't wait much longer.

Stocks Rebound After Fed Signals Interest Rates Will Remain LowLast Updated March 18, 2021, 6:28 a.m. ETMarch 18, 2021, 6:28 a.m. ETThis briefing has ended. Follow our latest coverage of markets, business and the economy.Here’s what you need to know:Stocks rebound as Fed projects interest rates wi...

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