What does the government shutdown mean for a mortgage?

Julie C. Nichols Mortgage

There is a lot of speculation on what happens to mortgages that are scheduled to close/fund while the government is shut down.   While the shutdown continues there may be some impact on timing when a mortgage is involved during a home purchase or a refinance. Here is a very brief overview of specific offices that may have an impact on …

Do you qualify for 100% mortgage financing?

Julie C. Nichols Mortgage

Contact me 469-786-8662 or go to julieCnichols.com to find out how to get 100% financing on your home AND receive a $200 closing credit when you close with me.         The views expressed are my own and do not necessarily reflect the views of my employer. Visit my website at: www.juliecnichols.com or contact me with any of …

Have you thought about a home renovation lately?

Julie C. Nichols Mortgage

Can’t find the house you have been looking for, or tired of your outdated kitchen and bathrooms?  Look at our HomeStyle renovation loan!  The Smart Way to Renovate or Repair Are you thinking about repairing or fully renovating your home but aren’t sure where to financially start?Rather than take money out of your savings, take out a second mortgage, or …

Mortgage rates are the highest in 9 months

Julie C. Nichols Mortgage

Mortgage rates ended today at their highest levels in over 9 months!  While today’s economic data played a small  role, the strength in the global stock markets hurt Mortgage Backed Securities (MBS) the most causing rates to increase.  Today’s economic data  reported that December Industrial Production rose 0.9% from November, above the consensus of 0.5%. The January NAHB housing index …

New Build home trends

Julie C. Nichols Mortgage

As more and more houses are being built, the National Association of Home Builders (NAHB) survey discovered that builders are not changing their product to meet the changing consumer desires.  This survey was released during the National Association of Home Builders (NAHB) Show a week ago, and reported that the size and configuration of homes constructed in 2017 changed only …

Life feeling hectic? Get organized with these tips.

Julie C. Nichols Mortgage

January is National Get Organized Month. [January is National Get Organized Month] Can you believe it’s already 2018? If you’re like most people, you’ve probably hit the ground running with no thought of putting on the brakes. Not so fast! At the start of a new year, it’s important to slow down, take stock, and regroup so you can tackle …

Mortgage Time

Julie C. Nichols Mortgage

Encouraging Housing Data   Strong housing data continued to roll in over the past week. In November, contracts signed to buy new homes surged 18% from October to the highest level since 2007. Contracts signed in November to buy previously owned homes also exceeded the expected levels. Despite the strong data, mortgage rates ended the week a little lower.   …

Mortgage Time

Julie C. Nichols Mortgage

  Strong Housing Data   Stronger than expected economic data was negative for mortgage rates this week. The passage of the potentially inflationary tax bill in the House and the Senate also was unfavorable. As a result, mortgage rates ended the week higher.   The housing market is ending 2017 on a strong note. In November, sales of previously owned …

Cinnamon Roll Wreath

Julie C. Nichols General

The perfect holiday treat. View online. Looking for something festive to make this holiday other than cutout cookies or fruit cakes? Look no further. This gooey Cinnamon Roll Wreath is filled with sugar, spice, and holiday goodness that will have you coming back for seconds. Best of all, it’s super simple and easy to whip up, making it ideal for …

Mortgage Time

Julie C. Nichols Mortgage

Retail Sales Surge Central bank meetings were the focus this week. Investors viewed the U.S. Fed meeting as positive for mortgage rates, while the European Central Bank meeting provided no surprises and had little impact. However, stronger than expected retail sales data offset the reaction to the Fed, and mortgage rates ended the week with little change. Heading into Wednesday’s …