Sierra Pacific Mortgage

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Mortgage and Lending - Sierra Pacific Mortgage Raleigh
RECENT BLOG POSTS
If you have found yourself upside down on your home don't despair.  We might have a solution for you.  Understand how and why your property value may not be what you think it is in this quick informative video.  Contact us for more information.  Please subscribe or forward this on to anyone y...
08/14/2014
Good day North Carolina!  Current Mortgage Rate Trends- Mortgage rates are continuing the trend from yesterday and are slightly better this morning.  Remember that weak economic news usually causes mortgage rates to drop where positive economic news causes mortgage rates to rise. North Carolina C...
08/14/2014
Current mortgage rate trends in North Carolina- Mortgage rates traded in a narrow range today.  Mortgage rates started better this morning with poor readings from non farm payrolls and inventories.   Investors are keeping an eye on overseas and may buy bonds if issues escalate which may cause mor...
08/11/2014
Current mortgage rate trends August 5, 2014  Current mortgage rate trends – rates got worse today. Remember that bad news for the economy usually means lower rates and vice versa.  July ISM Services was much stronger than expected signaling a strengthening economy. The ISM is a measure of 2/3 of...
08/05/2014
The Stock market and the bond market both were weaker this morning.  Yesterday investors sold bonds after a short run up and took profits.  Some are speculating that inflation is more of a problem than the Fed is willing to admit and that has some investors worried.  Inflation can cause rates to ...
07/31/2014
Mortgage rates were higher today mainly because of one sentence from the FOMC: “The likelihood of inflation running persistently below 2 percent has diminished somewhat”.  Looks like the American economy is showing signs of stability and inflation may become an issue in the near future which caus...
07/30/2014
Current Mortgage Rates – Mortgage rates don’t change but the cost to get the rate you want does.  This is called “pricing”.  If pricing gets worse and you don’t want to pay extra money to get the rate you want then essentially a higher rate would cost less.  So again, rates don’t change, pricing ...
07/29/2014
How we calculate mortgage insurance (MI) on FHA loans to figure out a monthly MI payment.      View "What exactly is PMI, MI or MIP? " for more info.   What you will need: A standard calculator A piece of paper/pen A little patience An understanding of MI factor  An understanding of UFM...
07/28/2014
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I reside in Raleigh but lend in the State of Virginia. Purchases and refinances.  Most of my Virginia home loan business is in Alexandria/DC Metro areas, Fairfax and Richmond.  If you need a home loan and live in Virginia I would love to help!  I specialize in VA (Veteran) home loans and luxury h...
07/27/2014
Attention fellow Veterans and military service members:  I served in the US Army Infantry and used my VA home loan benefit twice.  Both times I was able to buy a home with NO MONEY DOWN! If you are thinking about using your VA home loan benefit or need more information about VA home loans click t...
07/27/2014
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Nevin Williams

Raleigh Mortgage Pro
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