by AZREIA Editorial Team | May 1, 2023 | AZREIA, Hedge Funds, Newsletter, Peoples Mortgage Co
By Andrew Augustyniak | Peoples Mortgage Company I hope everyone’s first quarter has turned out to be an accomplishment. As this market continues to evolve, I am seeing more and more deals being made. As the saying goes, with adversity comes opportunity. Blackstone,...
by AZREIA Editorial Team | Mar 30, 2023 | AZREIA, Investing, Newsletter, Peoples Mortgage Co
By Andrew Augustyniak | Peoples Mortgage Company I hope everyone’s 2023 is off to an amazing start. Compared to this time one year ago, there are definitely many more deals to be had. The question is – will those deals continue to get better? Or have we reached the...
by AZREIA Editorial Team | Feb 27, 2023 | AZREIA, Investing, Newsletter, Peoples Mortgage Co
Andrew Augustyniak | Peoples Mortgage Here’s the Phoenix Market Investor Purchase data broken down by percentage of all home purchases in the market. This is Q4 Data only. For reference, investor purchases hit a high of 42% of all Phoenix home purchases in...
by AZREIA Editorial Team | Feb 1, 2023 | AZREIA, Interest Rates, Newsletter, Peoples Mortgage Co
Andrew Augustyniak | Peoples Mortgage Determining Interest Rates What’s the current rate? As loan officers, we get this question daily. While it seems like an innocuous question that should be simple enough to answer, there are many variables that play a role in...
by AZREIA Editorial Team | Dec 31, 2022 | AZREIA, Investing, Newsletter, Peoples Mortgage Co
By Andrew Augustyniak | People’s Mortgage Company With interest rates continuing to rise, prices settling down, and primary home buyers on the sidelines scared – the time is coming for investors to take advantage. With that being said, this month I wanted...
by AZREIA Editorial Team | Dec 1, 2022 | AZREIA, Mortgage Loans, Newsletter, Peoples Mortgage Co
By Andrew Augustyniak | People’s Mortgage Assuming a Mortgage Loan With interest rates continuing to rise, homebuyers are looking for ways to make their purchase more affordable. In past ‘Lending Tips,’ we have discussed the merits of the rate buydowns and this month...
by AZREIA Editorial Team | Nov 1, 2022 | AZREIA, Investing, Lending, Newsletter, Peoples Mortgage Co
By Andrew Augustyniak | People’s Mortgage Investor Cash Flow No Doc aka DSCR Loan Investors, this product is the solution to all your problems! If you are an investor with long-term rentals but have had trouble qualifying in the past, the investor cash flow loan is...
by AZREIA Editorial Team | Sep 29, 2022 | AZREIA, Mortgage Rates, Newsletter, Peoples Mortgage Co
By Andrew Augustyniak | People’s Mortgage Higher mortgage rates are throwing a bucket of ice water on the super-heated housing market. Home prices in August were down about 6% from their peak in June, the biggest 2-month drop in prices in nearly a decade. The pace of...
by AZREIA Editorial Team | Sep 1, 2022 | AZREIA, Investing, Mortgage Date and Analytics, Newsletter, Peoples Mortgage Co
By Andrew Augustyniak | People’s Mortgage The housing market is not crashing but is definitely feeling the burn. After two frenzied years, home buying is starting to cool off as mortgage rates have reached pre-pandemic levels. Now that we are shifting into more of a...
by AZREIA Editorial Team | Aug 1, 2022 | AZREIA, Investing, Newsletter, Peoples Mortgage Co
By Andrew Augustyniak | People’s Mortgage After one of the most dramatic real estate bear markets in history, the real estate market has recently taken a distinguishable turn. More and more indicators are pointing to an ease in the real estate market, meaning that...