David Wolsky NMLS 182108
I moved from Chicago to Tucson in 1994 and joined the industry with a local mortgage broker. I joined Sunstreet in 2008 and it’s great to be back! I enjoy helping folks reach the American Dream of homeownership whether they are buying their first house or their dream house or saving money every month with a refinance. My wife, Faye and I have been married since 1984. My son Adam and his wife Shikha live in New Jersey and my daughter Becka is in California. I am very active in the community with my Rotary Club, Tucson Sunrise Rotary. I have also served on the boards of the Jewish Federation of Southern Arizona and the Jewish Community Foundation of Southern Arizona. My hobbies include traveling, art, music, cooking, road cycling and movies. My favorite teams are the Arizona Wildcats, Chicago Bears, Cubs, White Sox, Bulls and Blackhawks.
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Sunstreet Mortgage was professional and fast. We closed on our home in less than four weeks. We were very pleased with the service and particularly the thoroughness of the brokers involved in securing our mortgage.
The Mortgage News
Homeowners who refinanced through Freddie Mac in 2013 continued to display fiscal restraint, choosing fixed rate mortgages, keeping essentially the same mortgage balance, and in many cases opting for shorter-term loans to build equity more rapidly. In doing so homebuyers who refinanced during the year will save approximately $21 billion on net over the first 12 months of their new loans.
The Mortgage Bankers Association (MBA) called the fourth quarter of 2013 a particularly strong one for commercial and multifamily mortgage originations, with a total volume of around $280 billion in closed loans, the highest volume since 2007. Preliminary figures indicate that the volume for the entire year was up 15 percent from 2012 and increased 34 percent between the third and final quarter of 2013.
Now that prices have recovered to within striking distance of where many folks purchased their homes, potential sellers have found something new to worry about. Can their potential buyer get a mortgage?