Mortgage home loan answers
Learn about mortgage home loans and rates.
-
Shashank Shekhar is Named Top 40 Under 40 Most Influential Mortgage Professionals
Posted on February 12th, 2012 No comments
Shashank Shekhar is Named Top 40 Under 40 Most Influential Mortgage ProfessionalsSan Jose, CA (PRWEB) February 09, 2012
Shashank Shekhar, CEO of Arcus Lending a San Jose, CA Mortgage Lender was recently named “Top 40 Under 40 Most Influential Mortgage Professionals in the Country” by National Mortgage Professionals Magazine.
After evaluating 1000+ nominations through a very rigorous selection process, the magazine named the top 40 for the year 2011. This is what the magazine mentioned about Shashank’s reason for being named in this illustrious list:
“Shashank Shekhar is the chief Executive Officer of Arcus Lending, Author of the Blog LendingExpertBlog and author of 2 books on Real Estate. A Social Media expert, Shashank helps incorporate social media ideas in to his customer’s daily business plans and is always will to help others in their advances of business and Social Media. Within 3 years of originating loans Shashank is closing more than $ 30 million in personal production in 2011 by building one of the strongest brands in the San Francisco Bay Area Region.”
About Arcus Lending:
Arcus Lending, a San Jose, CA Mortgage Broker and a Direct Lender offers Residential Mortgage for Home Purchase and Refinancing for California home owners. The company is currently in the process of opening new branches in California and getting licensed in other states. An introduction video can be watched here http://www.youtube.com/watch?v=HakqTLAk7rU. More information can be found via email – Info(at)ArcusLending(dot)com or by phone (408) 615-0655.###
©Copyright 1997-
, Vocus PRW Holdings, LLC. Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Find More Mortgage Home Loans Press Releases -
Shashank Shekhar is Named Top 40 Under 40 Most Influential Mortgage Professionals
Posted on February 12th, 2012 No commentsShashank Shekhar is Named Top 40 Under 40 Most Influential Mortgage Professionals
San Jose, CA (PRWEB) February 09, 2012
Shashank Shekhar, CEO of Arcus Lending a San Jose, CA Mortgage Lender was recently named “Top 40 Under 40 Most Influential Mortgage Professionals in the Country” by National Mortgage Professionals Magazine.
After evaluating 1000+ nominations through a very rigorous selection process, the magazine named the top 40 for the year 2011. This is what the magazine mentioned about Shashank’s reason for being named in this illustrious list:
“Shashank Shekhar is the chief Executive Officer of Arcus Lending, Author of the Blog LendingExpertBlog and author of 2 books on Real Estate. A Social Media expert, Shashank helps incorporate social media ideas in to his customer’s daily business plans and is always willing to help others in their advances of business and Social Media. Within 3 years of originating loans Shashank is closing more than $ 30 million in personal production in 2011 by building one of the strongest brands in the San Francisco Bay Area Region.”
About Arcus Lending:
Arcus Lending, a San Jose, CA Mortgage Broker and a Direct Lender offers Residential Mortgage for Home Purchase and Refinancing for California home owners. The company is currently in the process of opening new branches in California and getting licensed in other states. An introduction video can be watched here http://www.youtube.com/watch?v=HakqTLAk7rU. More information can be found via email – Info(at)ArcusLending(dot)com or by phone (408) 615-0655.###
©Copyright 1997-, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Find More Mortgage Home Loans Press Releases
-
HSH.com Weekly Mortgage Rate Radar: Mortgage Rates Retreat Again on Tepid Fed Predictions
Posted on February 2nd, 2012 No comments
HSH.com Weekly Mortgage Rate Radar: Mortgage Rates Retreat Again on Tepid Fed PredictionsFoster City, CA (PRWEB) February 01, 2012
After a recent upward blip, rates on the most popular types of mortgages retreated again this week, according to HSH.com’s Weekly Mortgage Rate Radar. The average rate for conforming 30-year fixed-rate mortgages fell by 5 basis points (.05 percent) to 4.03 percent. Conforming 5/1 hybrid ARM rates decreased by a single basis point, closing the Wednesday-to-Tuesday wraparound weekly survey at a mean of 2.99 percent. These mean rates rest just above record lows.
Slow economic growth in the U.S. and abroad has had a dampening effect on both inflation and interest rates. “Optimism about the direction of the economy was dimmed somewhat after the Federal Reserve meeting last week,” said Keith Gumbinger, vice president of HSH.com. “That Fed members expect low inadequate-term rates to persist swell into 2014 is a sign that weak economical growth will be with us for some time yet to come.”
“There is some growing speculation that the Fed may again be called upon to provide additional support for the economy in the form of a new mortgage or Treasury bond-buying program at some point this year,” said Gumbinger. “Any move would further underscore how poorly the economy is performing, but might foster even lower mortgage rates, should it come.”
Average mortgage rates and points for conforming residential mortgages for the week ending January 31 were, according to HSH.com:
Conforming 30-year fixed-rate mortgage
Average rate: 4.03 percent Average points: .24
Conforming 5/1-year adjustable-rate mortgage
Average rate: 2.99 percent Average points: .21
Average mortgage rates and points for conforming residential mortgages for the previous week ending January 24 were, according to HSH.com:
Conforming 30-year fixed-rate mortgage
Average rate: 4.08 percent Average points: .25
Conforming 5/1-year adjustable-rate mortgage
Average rate: 3.00 percent Average points: .22
Methodology
The Weekly Mortgage Rate Radar reports the average rates and points offered on conforming 30-year fixed-rate mortgages and conforming 5/1 ARMs. The weekly mortgage rate survey covers a large sample of mortgage lenders and is conducted over a Wednesday-to-Tuesday cycle, with data released every Wednesday. HSH.com’s survey helps consumers find the best rates on home loans in changing market conditions. Unlike mortgage rate surveys that report average rates only, the Weekly Mortgage Rate Radar’s inclusion of both come rates and average points provides a more accurate view of mortgage terms currently offered by lenders.Every week, HSH.com conducts a survey of mortgage rate data for a broad range of consumer mortgage products including ARMs, FHA-backed and jumbo mortgages, as well as home equity lend and lines of credit from hundreds of direct lenders in the U.S. For information on additional loan products, visit HSH.com.
About HSH.com
HSH.com is a trusted source of mortgage data, trends, news and analysis. Since 1979, HSH’s market research and commentary has helped homeowners, buyers and sellers make smart financial choices and save money on mortgage and home equity products. HSH.com, of Pompton Plains, N.J., is owned and operated by QuinStreet, Inc. (NASDAQ: QNST), one of the largest Internet marketing and media companies in the world. QuinStreet is committed to providing consumers and businesses with the information they need to research, find and select the products, servicing and brands that meet their needs. The company is a leader in visitor-friendly marketing practices. For more information, please visit QuinStreet.com.Press Contact
Andrew Heilman
775-784-3842
pr(at)hsh(dot)com###
©Copyright 1997-
, Vocus PRW Holdings, LLC. Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Related Mortgages Press Releases