30 Year Fixed Rate Loan at a Cost of One Point: 3.25%* (APR=3.47%)
Rates are holding relatively steady, as there is minimal economic news surfacing this week.
?Real Estate Web Searches Climb 253% in Four Years as 90% of Homebuyers Use Internet as Primary Research.? This is a headline from Mortgage News Daily. The full article is linked below.
http://www.mortgagenewsdaily.com/01072013_home_buying_behaviors.asp
While ?old fashioned? prospecting and relationship-building remain the best way to garner business, the above article indicates that a strong web presence is increasingly necessary.
We recommend reading the above article and enhancing your web presence sooner rather than later, before it is too late.
We have been aware of this trend for years at JVM, as we continue to hone and enhance our web presence with great success. Along with our newly designed website, JVM has presence on Facebook, Yelp, Twitter, YouTube, and LinkedIn.
We encourage readers to visit our website at www.jvmlending.com, and to connect with us via any one of our social media networks.
*The above rate quote has the following assumptions: $500,000 purchase; $400,000 loan amount; 20% down payment; credit score above 740; property is SFR; borrower has sufficient income to qualify; Estimated closing costs affecting the APR include $4,000 for Origination Fee; $995 for Lender Fees; $2,300 for Title Insurance (CLTA and ALTA), $800 for Escrow Fee;? and $1,000 for Prepaid Interest.
Jay Voorhees and Heejin Kim at (925) 855-4491
Real Estate Broker, CA Dept of Real Estate, DRE# 01524255, NMLS# 335646
9
JAN
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