Jan 23, 2020

The Average National Credit Score Is Over 700 For The First Time EVER!

Today’s News Synopsis: Why does your credit score matter….so much?  The average U.S. home seller profits were at another high at $65,000 in 2019.  Mortgage rates decreased to their lowest in three months with 30-year rates now at 3.6% and 15-year rates at 3.04%. In The News: Freddie Mac – “Mortgage

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Jan 10, 2014

Craig Hill with The Norris Group #364

Hard money loan officer Craig Hill of The Norris Group joins Bruce Norris on the Real Estate Radio Show to talk funding for real estate investors #364

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Apr 18, 2013

The Norris Group Real Estate News Roundup 4/18/13

Today’s News Synopsis: Mortgage rates decreased again this week for the third week in a row.  30-year rates are now at 3.41%, and 15-year are at 2.64%.  Home sales in Southern California increased with the decrease in foreclosures, leading to median prices also increasing by 23.4%.  Despite numbers for unemployment

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May 11, 2012

Phil Tirone with 720creditscore.com #277

This week Bruce Norris is joined once again by Philip Tirone. Philip has been an entrepreneur from the start, buying and selling gold and silver in elementary school. He later established a car audio resale business in high school. As a mortgage broker he created 720creditscore.com to help his clients

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May 04, 2012

Phil Tirone with 720creditscore.com #276

This week Bruce Norris is joined by Philip Tirone, who Bruce counts as a friend. He made a very kind gesture to his wife as she went through her illness, something Bruce will never forget. Surprisingly, Philip was not always popular and was denied entrance to all of the universities

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Feb 17, 2011

The Norris Group Real Estate News Roundup 2/17/11

4,966 new and resale houses and condos sold in the Bay Area, according to MDA DataQuick. Statistics from the MBA shows the delinquency rate for mortgages decreased to 8.22% in the 4th quarter of 2010. The Labor Department said jobless claims increased 6.5% last week.

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Nov 17, 2010

The Norris Group Real Estate News Roundup 11/17/10

The MBA reports mortgage application volume decreased 14.4% this week. According to CoreLogic, home prices have fallen 2.8% since September 2009. Mortgage fraud has increased 20% from early 2009. Mortgage lenders are raising their minimum credit score requirements on FHA-insured loans.

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Nov 08, 2010

The Norris Group Real Estate News Roundup 11/8/10

The NAR reports FHA, Fannie Mae and Freddie Mac account for over 90% of the mortgage market. New California building codes, known as CALGreen, will be enforced on January 1st. Richard Fisher of the Dallas Federal Reserve believes the low interest rates are doing little to stimulate the economy. Fannie Mae acquired 85,340 REO properties in the 3rd quarter.

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