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Trying to find the right home loan can be difficult. Finding the right company to help you get your loan can be even more confusing. With literally thousands of lenders to choose from, borrowers can easily become overwhelmed.
Fortunately, at Intermountain Mortgage Company, Inc., our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Take advantage of our expertise in the residential lending industry by applying online today. You will find that the skill, professionalism, and consideration we give to each of our clients make getting your loan a successful endeavor. Founded in 1992, we have been servicing our clientele for many years and take pride in the number of repeat clients that we have.
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Existing Home Sales Score First 2018 Gains
by Jann Swanson on March 21, 2018 at 3:01 pm
Posted To: MND NewsWireSales of existing homes reversed direction in February after sliding for two consecutive months. The National Association of Realtors® (NAR) said completed sales transactions of pre-owned single-family houses, condos, townhomes, and cooperative apartments were up 3.0 percent to a seasonally adjusted annual rate of 5.54 million compared to 5.380 million in January. After last month's increase, sales are now 1.1 percent above a year ago. Sizeable sales increases in the South and West offset declines in the Northeast and Midwest. The February number fell on the high end of analyst's expectations. Those polled by Econoday had expected sales to be in the range of 5.300 million to 5.620 million, with a consensus of 5.240 million. Single-family home sales were strong, rising 4.2 percent to a seasonally...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it. […]
Hurricanes Weren't the Only Delinquency Disaster Last Year
by Jann Swanson on March 21, 2018 at 2:11 pm
Posted To: MND NewsWireNatural disasters were the backdrop for mortgage loan performance in 2017. CoreLogic has previously reported on delinquencies in Houston and throughout Florida in the wake of Hurricanes Harvey and Irma and in Puerto Rico after Hurricane Maria. In the company's Loan Performance Report for December, Chief Economist Frank Nothaft said the West Coast was not immune from the impact of multiple disasters. "The wildfires in Sonoma and Napa [California] counties began October 8 and destroyed or damaged thousands of homes," Nothaft said. "Two-and three-month delinquency rates have spiked in these two counties, more than doubling between October and December. The after effects of Hurricanes Harvey. Irma, and Maria continue to appear as well. Serious delinquency rates in the Houston and Miami metropolitan...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it. […]
MBS Day Ahead: Fed Day: A User Manual
by Matthew Graham on March 21, 2018 at 1:28 pm
Posted To: MBS CommentaryThis is a quick guide designed to help you approach this afternoon's Fed events in a logical and useful way. What's Happening Today and When? At 2pm ET: The Fed's official policy announcement will be released along with updated "economic projections" (aka "dots"). At 2:30pm ET: Powell will begin his first press conference as Fed Chair How do I figure out what's going on? If you have the ability to tune in to MBS Live at 2pm, you will see newswire bullet points posted into the live chat. A few minutes later, you will also see an update or alert shortly thereafter discussing the market's first reaction to the news. Can I just access the primary material that the newswires are based on? Yes! Links to the announcement and economic projections will appear...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it. […]
LO and Sales Products; Training and Events; Don't Bet Against the Fed
by Rob Chrisman on March 21, 2018 at 1:15 pm
Posted To: Pipeline PressEver wanted to read a story, or recommend it to those who might find it interesting, titled, “Blockchain-Based Residential Real Estate Network Democratizes Investment Barriers and Solves Mortgage Debt Conundrum?” Here’s your chance, since it was just published . (Yes, it is a bit of a sales pitch, but it gives one an idea of the status of this subject.) For something more applicable to LOs in the present, XINNIX’s Casey Cunningham is hosting a complimentary webinar today “An Innovative Approach to Engaging Teams for Real Results” today at 3PM ET. The webinar will cover XINNIX’s findings on the exact correlation of engagement to production. Recent participants have quadrupled their recruiting and driven loan officer production from 3 to 5 units a month...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it. […]
Refi Applications Near 10-Year Low, But Purchases Improve
by Jann Swanson on March 21, 2018 at 12:50 pm
Posted To: MND NewsWirePurchase mortgage applications continued to gain strength during the week that ended March 16 but failed to compensate for a declining volume of refinancing activity. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of application volume, was 1.1 percent lower on a seasonally adjusted basis than during the week ended March 9. On an unadjusted basis the index was down 1.0 percent. The volume of applications for home purchase financing was up 1 percent from the previous week on a seasonally adjusted basis and 2 percent higher unadjusted. The latter index was 6 percent higher than during the same week in 2017. The improvement in purchase mortgage applications were more than offset by a 5 percent drop in the Refinance Index. The share of applications for refinancing...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it. […]