WE'RE GROWING!

Fairway in Arizona has experienced incredible growth during the first half of 2015! We are currently looking to fill positions in multiple Branches. Do you know any mortgage professionals looking for an incredible opportunity? Contact a Fairway Loan Officer with your referral or visit our online Job Board for more details!

VIEW JOB BOARD

28 Tips for Becoming a Real Estate Digital Marketing Pop Star

Hit the mark every time by employing these strategies

 by  Ibemere Obinna   Jul 2, 2015

The success of any real estate agent depends entirely on his marketing skillsand the consistency with which he applies them. A successful real estate digital marketing strategy is one that meets the needs of your prospects at each stage of their house hunt.

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Optimizing Credit For A Better Mortgage Experience

Realtor Partners, ask a Fairway Loan Officer today how our new CreditEDGE program can help turn your credit challenged buyers into closed deals in as little as 90 days!

Weekly Mortgage Interest Rate Report June 25, 2015

Weekly Mortgage Interest Rate Report June 25, 2015

Week ending on 06/25/15 Interest Rate Points & Fees Margin  30 Year Fixed Rate 4.02% 0.7 N/A  15 Year Fixed Rate 3.21% 0.6 N/A  5/1-Year Adjustable Rate 2.98% 0.4 2.74  1 Year Adjustable Rate 2.50% 0.3 2.74  Week ending on 06/18/15 Interest Rate Points & Fees Margin  30 Year Fixed Rate 4.00% 0.7 N/A  15 Year Fixed Rate 3.23% 0.5 N/A  5/1-Year Adjustable Rate 3.00% 0.4 2.74  1 Year Adjustable Rate 2.53% 0.2 2.74 “Mortgage rates were little changed this week. Economic releases confirmed increasing strength in housing. Existing home sales increased 5.1 percent in May to an annual pace of 5.35 million units and new home sales increased 2.2 percent to an annual pace of 546,000 units. Buyers appear anxious to purchase homes before the expected increase in interest rates later this year. Given the tight inventory of homes for sale, a 5.1-month supply at the current sales pace, home prices are being bid up.” – Sean Becketti, chief economist, Freddie Mac

Data is provided by Freddie Mac's Primary Mortgage Market Survey® (PMMS)

This is not intended as an advertisement of interest rates as defined by Regulation Z, Section 226.24. Data is provided for informational purposes only. The financial and other information contained herein speaks only as of the date posted herein. Freddie Mac, and/or the sender of this information, is not responsible for business decisions made based on the reported results of the PMMS. In general, the data presented were calculated from information collected Monday through Wednesday of the same week that the PMMS is released and may not reflect mortgage rates, fees or points currently available. Average fees and points are provided to reflect the total upfront cost of obtaining a mortgage. Borrowers may still pay closing costs which are not included in the survey.

Thank you from Fairway!

Thank you to all of our Agents who attended The EDGE Event on Thursday, June 25th and learned how the new CreditEDGE program can help build their pipeline!

We had a great turnout and then response was overwhelmingly positive. Thank you to all who provided feedback.

A very special thank you goes out to our Sponsors;

Amanda Wigal Schlosser
Brandables Promotional Items
www.brandables.com    

Brian Peitz
Chicago Title
602-667-1230 

Michael Gallaugher
Bennet & Porter Insurance
480-212-1150

If you missed the class and would like more information on how we're converting credit challenged clients into closed deals, contact a Fairway Loan Officer today for more information!

10 Costly Mortgage Mistakes YouCan Help Your Clients Avoid

Financing a home is a process most borrowers only go through a few times in their life. We know from experience that it isn’t easy to stay on top of all the of the ins and outs of the financing requirements, especially  with all of the changes being mandated by the government over the past few years, and more changes being suggested. If you’re thinking about getting a new mortgage in the near future, or making a change to the financing you already have, avoid these ten common mortgage mistakes to keep your stress levels down and extra money in your pocket.

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Weekly Mortgage Interest Rate Report June 18, 2015

Weekly Mortgage Interest Rate Report June 18, 2015

Week ending on 06/18/15 Interest Rate Points & Fees Margin  30 Year Fixed Rate 4.00% 0.7 N/A  15 Year Fixed Rate 3.23% 0.5 N/A  5/1-Year Adjustable Rate 3.00% 0.4 2.74  1 Year Adjustable Rate 2.53% 0.2 2.74  Week ending on 06/11/15 Interest Rate Points & Fees Margin  30 Year Fixed Rate 4.04% 0.6 N/A  15 Year Fixed Rate 3.25% 0.6 N/A  5/1-Year Adjustable Rate 3.01% 0.4 2.74  1 Year Adjustable Rate 2.53% 0.2 2.74 “Mortgage rates were down this week while housing data were generally positive. Although housing starts dropped 11.1 percent to a seasonally adjusted pace of 1.04 million units in May, housing permits surged 11.8 percent to its highest level since August 2007. Reinforcing this positive momentum, the NAHB housing market index rose 5 points in June, suggesting home builders are very optimistic about home sales in the near future.” – Len Kiefer, deputy chief economist, Freddie Mac

Data is provided by Freddie Mac's Primary Mortgage Market Survey® (PMMS)

This is not intended as an advertisement of interest rates as defined by Regulation Z, Section 226.24. Data is provided for informational purposes only. The financial and other information contained herein speaks only as of the date posted herein. Freddie Mac, and/or the sender of this information, is not responsible for business decisions made based on the reported results of the PMMS. In general, the data presented were calculated from information collected Monday through Wednesday of the same week that the PMMS is released and may not reflect mortgage rates, fees or points currently available. Average fees and points are provided to reflect the total upfront cost of obtaining a mortgage. Borrowers may still pay closing costs which are not included in the survey.