HMAC Team We Approve

As Black History Month 2023 draws to a close, we at HMAC Team We Approve once again note the importance of Black History to the future of the Black Community. We honor all who have given so much.

HMAC Team We Approve will be closed Monday, February 20th, in observance of the Presidents' Day holiday.
We will resume regular business hours on Tuesday, February 21st.

“New beginnings are in order, and you are bound to feel some level of excitement as new chances come your way.” - Oscar Auliq-Ice, author

Happy New Year from all of us at HMAC Team We Approve.

Please note that we will be closed on Monday, January 2, 2023, and will resume regular business hours on Wednesday, January 3.

𝐌𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐑𝐚𝐭𝐞𝐬 𝐂𝐨𝐧𝐭𝐢𝐧𝐮𝐞 𝐃𝐨𝐰𝐧𝐰𝐚𝐫𝐝 𝐓𝐫𝐞𝐧𝐝

Mortgage rates continued to pull back from their early November peak, falling for the fifth consecutive week, according to the latest report from Freddie Mac.

Find out more at https://snip.ly/t6kmg9.

For your mortgage needs, contact us.
📞714-417-9931
✉[email protected]
homemac.com/teamweapprove

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

Happy Holidays!

In observance of the Christmas Holiday, HMAC Team We Approve will be closed Dec. 26th and Jan. 2nd for the New Year Holiday.

𝗙𝗛𝗙𝗔 𝗥𝗮𝗶𝘀𝗲𝘀 𝟮𝟬𝟮𝟯 𝗖𝗼𝗻𝗳𝗼𝗿𝗺𝗶𝗻𝗴 𝗟𝗼𝗮𝗻 𝗟𝗶𝗺𝗶𝘁𝘀 𝗢𝗻 𝗙𝗮𝗻𝗻𝗶𝗲 𝗠𝗮𝗲, 𝗙𝗿𝗲𝗱𝗱𝗶𝗲 𝗠𝗮𝗰 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲𝘀

The Federal Housing Finance Agency (FHFA) recently announced the conforming loan limits for residential mortgage loans acquired by Fannie Mae and Freddie Mac in 2023. Fannie Mae addresses the limits in Lender Letter 2022-06.

Learn more at https://snip.ly/nyrams.

For your mortgage needs, contact us.
📞714-417-9931
✉[email protected]
homemac.com/teamweapprove

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

📢 HMAC Team We Approve will be closed this Thursday and Friday, November 24 and 25th, for the Thanksgiving holiday.

We will resume regular business hours on Monday, November 28th.

𝗪𝗵𝗮𝘁’𝘀 𝗔𝗵𝗲𝗮𝗱 𝗳𝗼𝗿 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲𝘀 𝗮𝗻𝗱 𝗛𝗼𝗺𝗲 𝗣𝗿𝗶𝗰𝗲𝘀?

Now that the end of 2022 is within sight, you may be wondering what’s going to happen in the housing market next year and what that may mean if you’re thinking about buying a home. Here’s a look at the latest expert insights on both mortgage rates and home prices so you can make your best move possible.

Find out at https://snip.ly/3jbf7e.

For your mortgage needs, contact us.
📞714-417-9931
✉[email protected]
homemac.com/teamweapprove

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

To all who served,

WE ARE THANKFUL FOR YOUR SERVICE.

Happy Veteran's Day
11/11/2022

𝗠𝗮𝗻𝘆 𝗼𝗳 𝘁𝗵𝗲 𝗕𝗲𝘀𝘁 𝗖𝗶𝘁𝗶𝗲𝘀 𝗳𝗼𝗿 𝗥𝗮𝗶𝘀𝗶𝗻𝗴 𝗮 𝗙𝗮𝗺𝗶𝗹𝘆 𝗔𝗿𝗲 𝗦𝘂𝗿𝗽𝗿𝗶𝘀𝗶𝗻𝗴𝗹𝘆 𝗦𝘁𝗶𝗹𝗹 𝗔𝗳𝗳𝗼𝗿𝗱𝗮𝗯𝗹𝗲

The best areas for families with children tend to be midsize cities in Texas and Virginia, where homes are still at least somewhat affordable, according to a recent ranking from the Yardi Systems company StorageCafé, which used Yardi Matrix data.

Learn more at https://snip.ly/3lmop7.

For your mortgage needs, contact us.
📞714-417-9931
✉[email protected]
homemac.com/teamweapprove

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

𝗪𝗵𝗲𝗿𝗲 𝗮𝗿𝗲 𝗵𝗼𝗺𝗲 𝗽𝗿𝗶𝗰𝗲𝘀 𝗱𝗿𝗼𝗽𝗽𝗶𝗻𝗴 𝘁𝗵𝗲 𝗳𝗮𝘀𝘁𝗲𝘀𝘁?

Price weakness is showing up in many of the high-priced metro areas that, until this spring, ranked among the hottest in the nation. The once-frothy tech hubs of Northern California and Seattle are enduring the largest pullbacks in home values, according to CoreLogic’s monthly home price index.

Learn more at https://snip.ly/j8fwli.

For your mortgage needs, contact us.
📞714-417-9931
✉[email protected]
homemac.com/teamweapprove

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

𝗧𝗮𝗸𝗲 𝘁𝗵𝗲𝘀𝗲 𝟭𝟬 𝘀𝘁𝗲𝗽𝘀 𝗻𝗼𝘄 𝗮𝗳𝘁𝗲𝗿 𝘁𝗵𝗲 𝗙𝗲𝗱’𝘀 𝗹𝗮𝘁𝗲𝘀𝘁 𝗶𝗻𝘁𝗲𝗿𝗲𝘀𝘁 𝗿𝗮𝘁𝗲 𝗵𝗶𝗸𝗲

Persistently high inflation could also keep the Fed on an aggressive path, with officials indicating in September they’re likely to back more historically large rate moves at their two remaining meetings this year.

Here’s your 10-step plan for taking charge of your wallet as the Fed hikes rates.

🔗https://snip.ly/l6ky64.

For your mortgage needs, contact us.
📞714-417-9931
✉[email protected]
homemac.com/teamweapprove

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

𝗦𝗵𝗼𝘂𝗹𝗱 𝗜 𝗯𝘂𝘆 𝗮 𝗵𝗼𝘂𝘀𝗲 𝗻𝗼𝘄, 𝗼𝗿 𝘄𝗮𝗶𝘁?

Buy now, or wait? That’s the question prospective homeowners are struggling to answer in today’s housing market, where home prices have skyrocketed and mortgage rates have surged to a 14-year high.

However, there are signals that the seller’s market is beginning to tilt in the opposite direction.

Learn more at https://snip.ly/qklkb9.

For your mortgage needs, contact us.
📞714-417-9931
✉[email protected]
homemac.com/teamweapprove

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

𝗔𝗥𝗠𝘀 𝗿𝗲𝘁𝘂𝗿𝗻 𝘄𝗶𝘁𝗵 𝗹𝗼𝘄𝗲𝗿 𝗿𝗮𝘁𝗲𝘀: 𝗦𝗵𝗼𝘂𝗹𝗱 𝘆𝗼𝘂 𝗴𝗲𝘁 𝗼𝗻𝗲 𝘁𝗼 𝗯𝘂𝘆 𝗮 𝗵𝗼𝗺𝗲?

With mortgage rates trending up and home prices still climbing, more borrowers are looking to adjustable-rate mortgages. This type of mortgage can be a more affordable means to get into a home, especially as higher rates on fixed mortgages begin to price some borrowers out — but is it worth the risk?

Learn more at https://snip.ly/gtx54f.

For your mortgage needs, contact us.
📞714-417-9931
✉[email protected]
homemac.com/teamweapprove

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

In observance of Labor Day, our offices are closed on Monday, September 5, 2022.

We will re-open on Tuesday, September 6, 2022, with normal business hours

Have a safe and enjoyable holiday!

---

Need a mortgage? Contact us.
📞714-417-9931
✉[email protected]
homemac.com/teamweapprove

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

𝗗𝗶𝘀𝗰𝗼𝘃𝗲𝗿 𝗧𝗵𝗲𝘀𝗲 𝗙𝗶𝘃𝗲 𝗢𝗮𝘀𝗶𝘀 𝗼𝗳 𝗔𝗳𝗳𝗼𝗿𝗱𝗮𝗯𝗶𝗹𝗶𝘁𝘆

Housing demand has seen more than its fair share of softening of late as high home prices, rising mortgage interest rates and inflationary pressures have pushed affordability beyond budgetary reach for many buyers, especially first-timers.

Read more at https://snip.ly/ddlj9p.

Need a mortgage? Contact us.
📞714-417-9931
✉[email protected]
homemac.com/teamweapprove

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

𝗛𝗼𝘂𝘀𝗶𝗻𝗴 𝗦𝘂𝗽𝗽𝗹𝘆 𝗜𝘀 𝗚𝗿𝗼𝘄𝗶𝗻𝗴, 𝗚𝗶𝘃𝗶𝗻𝗴 𝗕𝘂𝘆𝗲𝗿𝘀 𝗠𝗼𝗿𝗲 𝗖𝗵𝗼𝗶𝗰𝗲𝘀

✔️New listings of homes for sale dropped 12% year over year during the four weeks ending Aug. 7, the steepest decline since June 2020.
✔️Pending home sales are down 16% from a year ago.
✔️Despite the decrease in new listings, the overall housing supply continues to grow; number of homes for sale is up 4% year over year.
✔️Nationwide, 44.3% of home offers written by Redfin agents faced competition, the sixth-straight decline and the lowest share on record.

Find out more at https://snip.ly/nj11gz.

For your mortgage needs, contact us.
📞714-417-9931
✉[email protected]
homemac.com/teamweapprove

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

𝟱 𝘄𝗮𝘆𝘀 𝘆𝗼𝘂𝗿 𝗵𝗼𝗺𝗲 𝗰𝗮𝗻 𝗺𝗮𝗸𝗲 𝘆𝗼𝘂 𝗺𝗼𝗻𝗲𝘆

Find out at https://snip.ly/mmk0eb.

Need a mortgage? Contact us.
📞714-417-9931
✉[email protected]
homemac.com/teamweapprove

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

The labor of our past leaders should not be in vain. As we rejoice today, let’s remember them and pledge to always strive to uphold the freedom and unity they fought for. Have a wonderful Independence Day!

As a reminder, we will be closed on Monday, July 4th, in observance of Independence Day. We will resume normal business hours on Tuesday, July 5th, 2022, at 9 AM.

For your mortgage needs, contact us.
📞714-417-9931
✉[email protected]
homemac.com/teamweapprove

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

We are proud this month to acknowledge the celebration of all the LGBTQIA+ community has achieved over the years.

May their many contributions to our community continue each and every day.

Need a mortgage? Contact us.
📞714-417-9931
✉[email protected]
homemac.com/teamweapprove

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

Homeowners with mortgages prior to 2008 still have the opportunity to refinance.

Learn more at https://snip.ly/jj1sqj.

Contact us today!
📞714-417-9931
✉[email protected]
homemac.com/teamweapprove

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

Honoring This Important Day In The Growth Of Our Nation.

Want to get a mortgage? Contact us.
📞714-417-9931
✉[email protected]
homemac.com/teamweapprove

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

Homebuyers fleeing crowded urban life during the pandemic found reprieve in the nation’s suburbs, and their migration has turned some of those markets into the nation’s hottest. Check out the 10 most popular housing markets of early 2022.

Click this link to learn more https://snip.ly/0jm7cg.

Want to get a mortgage? Contact us.

📞714-417-9931
✉[email protected]
homemac.com/teamweapprove

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

Ginnie Mae to open eNote program to more participants. The agency will reopen its digital collateral program to new participants starting June 21.

Learn more at https://snip.ly/50t2q3.

Want to get a mortgage? Contact us.

📞714-417-9931
✉[email protected]
homemac.com/teamweapprove

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

Mortgage rates continued to decline this week according to the latest weekly survey released today by Freddie Mac.

Want to get a mortgage? Contact us.

📞714-417-9931
✉[email protected]
homemac.com/teamweapprove

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

Reference: https://nationalmortgageprofessional.com/news/freddie-mac-mortgage-rates-inch-downward-again

ARM loans have been rising in popularity, according to Redfin, as mortgage rates surge at their fastest pace in decades.

Learn more at https://nationalmortgageprofessional.com/news/mortgage-industry-will-soon-be-armed-teeth.

Contact us today!
📞714-417-9931
✉[email protected]
homemac.com/teamweapprove

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

HMAC Team We Approve joins the whole nation in celebrating Memorial Day this Monday - May 30, 2022.

Contact us today!
📞714-417-9931
✉[email protected]
homemac.com/teamweapprove

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

𝗕𝗶𝗱𝗲𝗻’𝘀 𝗔𝗱𝗺𝗶𝗻𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻 𝗔𝗻𝗻𝗼𝘂𝗻𝗰𝗲𝗱 𝗔 𝗡𝗲𝘄 𝗣𝗹𝗮𝗻 𝘁𝗼 𝗜𝗺𝗽𝗿𝗼𝘃𝗲 𝗛𝗼𝘂𝘀𝗶𝗻𝗴 𝗖𝗼𝘀𝘁𝘀

Noting that home prices are a major upward pressure on inflation, a statement from the White House introduced the executive branch’s Housing Supply Action Plan, which includes legislative and administrative steps aimed at addressing the country’s inventory shortfall in five years. The first step, per the release, will be the “creation and preservation of hundreds of thousands of affordable housing in the next three years.”

Learn more at https://snip.ly/93t5j2.

Contact us today!
📞714-417-9931
✉[email protected]
homemac.com/teamweapprove

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

CoreLogic, a global property information provider, is forecasting that home buyers are still ready to buy even as home-price appreciation peaked at its highest level in 45 years

Learn more at https://snip.ly/yj4abu.

Contact us today!
📞714-417-9931
✉[email protected]
homemac.com/teamweapprove

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

It's still more affordable to purchase a home. Compared to where mortgage rates were in 1981 – when the average rate was more than 16%, according to Freddie Mac – today’s 30-year fixed mortgages are under 4%.

To learn more, visit https://snip.ly/g1lsyq.

Contact us today!
📞714-417-9931
✉[email protected]
homemac.com/teamweapprove

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org