Blog Archive
Introduction to Social Media at Western Bancorp
Thank you for reviewing our account. We are performing additional upgrades to our marketing strategy. As part of this we have elected to initiate a social media presence across various portals. In these segments we will be providing information related to our offerings, current competitive rates, promotions, all related to our mortgage services. Also featured within our series will be monthly letter from our CEO addressing the company goings on, updates, and more.
Will Japan Hurt our Housing Recovery?
April Fool’s Day Compliments of Dodd-Frank
Its about Products and Process
It’s said that the pendulum tends to swing too far in either direction, and while I don’t know if that’s true in physics, it’s certainly true when it comes to mortgage products.
A New Year
With huge changes due to the financial reforms recently passed by Congress, choosing who you use as a mortgage lender is more important than ever.
A New Era With New Rules
The role of your mortgage lender is truly heightened as a result of all the new regulations you’ve been reading about. More than ever, you need to make the right decision on what lender you’re going to use the first time.
Could Rates Actually Go Lower?
The past several months seem to prove that you shouldn’t always trust the conventional wisdom. Most recently, the conventional wisdom was that in March, the Federal Reserve would have finished buying the $1.25 trillion in mortgage backed securities they were authorized to purchase, and when this heavy buying activity ended, mortgage rates would shoot up in April, May and June.
The Greek-American and Our Mortgage Markets
As a Greek-American I have being watching the financial crisis and the upheaval it is creating in Greece with what I think is a different perspective than many other Americans. I want to share a perspective on what another Greek-American is dealing with and how his actions affect our mortgage market.
It’s America Time to Shine
If you’ve been noticing the headlines recently, you’ve seen that some European countries are going through extremely difficult economics problems. The headlines you’ve probably seen the most have been about Greece. Their government spending was way out of whack, and their economy is paying the price.
Believe
If there’s one thing I’ve seen over and over again, it’s the cycle where housing soars, corrects, and then soars again.
At its low periods, like today, many, many people think real estate values will never come back. And certainly they’ll never go up again like they did in the past.
I don’t know about other parts of the country, but this is California where the American Dream thrives. I am eternally optimistic about California housing values, and most optimistic about values in the Bay Area.
So, I’ve collected some quotes from the past where people say real estate is dead. Reading them might allay some peoples’ concerns and put things into perspective. Enjoy:
