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The Surety Bond Blog

Category Archives: Mortgage Broker Bonds

Articles and links to unique mortgage broker programs that are exclusively written by JW Bond Consultants. Also, articles listing state requirements and current surety bond market trends with industry professional perspectives.

01
Jul
2014

77% of Home flippers have scored a profit in 2013

Photo credit: mlhradio / Foter / Creative Commons Attribution-NonCommercial 2.0 Generic (CC BY-NC 2.0)     Home flipping enjoyed a significant increase in profits in 2013, compared to the previous year. 77% of homes, which were resold 12 months later were sold for a gain. According to Redfin, last year houses were flipped for $90,200 read more »




27
Jun
2014

Mortgage Interest Rates go Down from April to May

Photo credit: LendingMemo / Foter / Creative Commons Attribution 2.0 Generic (CC BY 2.0) According to the index of new mortgage contracts and the Federal Housing Finance Agency (FHFA), there has been a decrease in mortgage rates for the period from April to May. The National Average Contract Mortgage Rate for the Purchase of Previously read more »




26
Jun
2014

Home Sales Decrease for the First Time in Four Years

Photo credit: Images_of_Money / Foter / Creative Commons Attribution 2.0 Generic (CC BY 2.0) The growth in US housing recovery has come to an end. MBA reports show a drastic depreciation in their 2014 growth forecast. The Mortgage Bankers Association (MBA) lowered their forecast for combined new and existing home sales in 2014 to $5.28 read more »




21
Mar
2014

Baby Boomers Turn to Reverse Mortgage, Big Banks Back Out

aag_photos / Foter / CC BY-SA Since the recession started several years ago, the reversed mortgage has been rarely taken advantage of as a financial product. Today, however, a good number of U.S. baby boomers are turning to it as a source of retirement income. In a situation when many retirees haven’t saved enough to read more »




09
Jan
2014

Out and about: Real estate and mortgage lending trends in 2014

After a dynamic and rather positive 2013 for the real estate business, how is 2014 shaping up?  The general vibe seems quite positive. Although the housing market has not recovered as fast as many would have wished, it is in an advanced stage of revival. The process is tightly linked to growing employment and economic read more »




19
Dec
2013

Surety bonds renewal deadlines are approaching with the end of the year

It’s the end of the year again, and along with the looming end of the holiday season, quite a lot of surety bonds are due to expire on December 31. This should not ruin your holiday mood because with JW Surety Bonds you can renew your bonds very quickly and conveniently while saving on costs. read more »