When Will Ben Bernanke Blink?  Is the Federal Reserve’s Rate Raising Fight Against Inflation Going Too Far?

When Will Ben Bernanke Blink? Is the Federal Reserve’s Rate Raising Fight Against Inflation Going Too Far?

Published on: 27/08/2024

There is a lot of speculation and debate among economists about whether the Federal Reserve will raise the Fed’s short term interest rate to 5% in their meeting on Wednesday. One thing that is not receiving much attention in all of this is how these steady increases are effecting the bond market, and an inversion in that market has caused a change in mortgage interest rates that hasn’t been seen in over 20 years.

Finding the Right Commercial Mortgage Broker

Finding the Right Commercial Mortgage Broker

Published on: 23/08/2024

For a potential borrower, finding the right broker is paramount, so they can take care of the loan details, and you can concentrate on moving forward with your new investment.

The 7 Sins of Mortgage Brokers

The 7 Sins of Mortgage Brokers

Published on: 23/08/2024

Don’t get caught out by the bad eggs of the industry. Learn exactly what to look out for when dealing with mortgage brokers to make sure you get the best deal possible

How To Read A Wholesale Lender Rate Sheet and Beat Mortgage Banks & Brokers At Their Own Game!

How To Read A Wholesale Lender Rate Sheet and Beat Mortgage Banks & Brokers At Their Own Game!

Published on: 08/08/2024

Mortgage Banks and Brokers everyday are closing home buyers and refinancers at a higher rate than they deserve! This artificial upping of the rate and the revenue created by doing so are hidden from the customer. This hidden ripping-off of the mortgage consumer is called Yield Spread Premium overchaging if the loan is originated by a broker and Service Release Premium overcharging if the loan is originated by a mortgage bank...you know, Countrywide, Wells Fargo, or Bank of America.

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NEXA Mortgage, LLC NMLS# 1660690

Corp: 5559 S Sossaman Rd Bldg 1 Ste 101, Mesa, AZ 85212
NEXA Mortgage, LLC is an Equal Housing Lender

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5559 S Sossaman Rd Bldg #1 Ste #101 Mesa, AZ 85212

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NMLS# 1660690 | 3100 W Ray Road #201 Office #209 Chandler, AZ 85226

NEXA Mortgage LLC is an Equal Housing Lender

Notice To Texas Loan Applicants: Consumers wishing to file a complaint against a mortgage banker, or a licensed mortgage banker residential mortgage loan originator, should complete and send a complaint form to the Texas Department of Savings and Mortgage Lending, 2601 North Lamar, Suite 201, Austin, TX 78705. Complaint forms and instructions may be obtained from the department’s website at www.sml.texas.gov.

A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed mortgage banker residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department’s website at www.sml.texas.gov