Hear what people are saying and writing about how we have helped them pave their way to home ownership.

 
 
 

Residential Wholesale Mortgage, Inc works with a network of industry experts that can provide various services you might require. The companies we share with our clients have proven that they deliver industry leading expertise and high quality service. If you wish to contact any of the companies listed below to evaluate their services simply use the information provided.


Appraisal Services

Insert Appraisal Company
Street Address
City, State ZipCode

Contact: Name
Phone: 555.555.5555
Email: name@mydomain.com
Web: www.mydomain.com


Financial Advisors

Insert Financial Advisor Company
Street Address
City, State ZipCode

Contact: Name
Phone: 555.555.5555
Email: name@mydomain.com
Web: www.mydomain.com


Home Inspections

Insert Home Inspection Company
Street Address
City, State ZipCode

Contact: Name
Phone: 555.555.5555
Email: name@mydomain.com
Web: www.mydomain.com


Insurance Companies

Insert Insurance Company
Street Address
City, State ZipCode

Contact: Name
Phone: 555.555.5555
Email: name@mydomain.com
Web: www.mydomain.com


Realtors

Insert Realtor Company
Street Address
City, State ZipCode

Contact: Name
Phone: 555.555.5555
Email: name@mydomain.com
Web: www.mydomain.com


Title Companies

Insert Title Company
Street Address
City, State ZipCode

Contact: Name
Phone: 555.555.5555
Email: name@mydomain.com
Web: www.mydomain.com


DISCLAIMER: All clients are free to select any quality service provider they desire. There is no requirement to use any of our recommended providers as a condition of your mortgage transaction. Residential Wholesale Mortgage, Inc makes no guarantees of satisfaction or service level for the service provider recommendations above.

 
 

European Concerns Increase

Increased concerns about Europe helped mortgage rates improve this week, although the impact of the recently passed extension to the payroll tax reduction is beginning to push up mortgage rates for certain loans (discussed below).

The news from Europe was mostly negative this week. Economic growth in Germany was slower than expected. Negotiations on restructuring Greek debt did not progress as planned, increasing the risk of default. S&P is downgrading the debt of several European countries, including France. Finally, the European Central Bank (ECB) provided no relief, as it gave no indication that it would increase the level of aid available to troubled countries. As a result, investors shifted funds to relatively safer investments, including US mortgage-backed securities (MBS), which helped mortgage rates move lower.

The recently passed extension to the temporary payroll tax reduction contained a lightly publicized revenue raising provision to increase the guarantee fees charged on Fannie Mae and Freddie Mac loans. This fee results in higher rates for borrowers, and mortgage rates for loans not expected to close within the next month or so have begun to reflect this coming increase in guarantee fees.