Austin Texas Mortgage Blog

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Mortgage and Lending - United Lending
Thanks for visiting my blog! I'm an economic & political junkie and a Mortgage Advisor in Austin, TX, so I like to write about how these two arenas interplay. I love Austin, so you'll also read local area statistics and happenings. In an effort to keep it light-hearted during our turbulent times, perhaps some inspiring stories & funny stuff about the family :)
RECENT BLOG POSTS
Employment The labor department reported 598,000 jobs were lost in January. This is worse than the expected 540,000 job loss projection and puts current unemployment at 7.6%. Overall, 3.6 million jobs have been lost since December 2007, with half of them lost in the last 3 months. Ouch. Personal...
02/09/2009
I received another wave of emails last week from my investors announcing an increase to their minimum credit score requirement on government loans to a 600 FICO. Unlike small product differences amongst my investors, I refer to this sort of a change as a "mass exodus" as the flee of investors fro...
02/04/2009
I’m realizing more during this tough economic time the truth behind the age-old adage, “It’s not what you know, but who you know.” Last week I spoke with two clients looking for jobs in Austin in two different industries. In both conversations I realized I had great connections to aid in their jo...
02/02/2009
State Farm announced yesterday it will no longer write new insurance policies or re-new any of their existing insurance policies in Florida. This change affects nearly 1.2 million customers in Florida who carry the following policies: homeowners, renters, condominium unit owners, personal liabil...
01/28/2009
It seems like not too long ago the buzz was vacancies were down and rents up as less people were qualifying to buy a home. This probably would've remained true had our economic woes contained themselves to just the housing sector. This was our original hope, and obviously not what has ensued. No...
01/24/2009
  Curious where Austin ended in 2008, and where we're headed? Well, keep these statistics in your back-pocket for the frequent economic conversations we are all experiencing. Housing December 2008 - Single Family Homes 1,299 was the number of homes sold, a 21 percent decrease as compared to Decem...
01/23/2009
During a time when we're all doing our best to meet financial obligations, apparently staying current on your notes isn't enough. Banks have recently begun foreclosing on builders with perfect pay history due to the slowdown in the housing market. Dave Brown, has been a well-known builder in Tem...
01/22/2009
Companies are struggling to sustain employee morale as our country's recession affects everyone very personally. One of the main threats to employee morale is the financial stress they suffer, much of which is caused by a near 30% decrease in their investments, ever-present layoffs and pay/benefi...
01/15/2009
HUD is delaying implementation of the "required use" provision of the final RESPA rule that was slated to be implemented January 16th. This provision would keep builders from making incentives or discounts available to buyers only upon using the builders' preferred lenders. The delay comes after...
01/13/2009
My husband, Stephen, owns an equipment finance company, so needless to say both of us being entrepreneurs in the lending industry has some days felt a little disconcerting lately. However, despite the recent challenges in our businesses, I was encouraged today when reading Gene Marks' article in...
01/10/2009
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Nicole Lahti

Austin Texas Mortgage
local_phone(512) 592-5468
smartphone(512) 507-8312
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