Matt Meister NMLS 166645
With over 17 years of experience, Matt Meister has helped hundreds of Southern Arizonans secure a mortgage in order to buy or refinance a home. He has lived in Tucson since 1983 and is married with three children and is a huge Wildcat fan! Matt has been named one of the top 1% of loan originators in the U.S. more than once and has been able to achieve this distinction because of his dedication to knowing what loan programs are available to borrowers and working extremely hard for each one. Call or email Matt today to start the no obligation process of pre-qualification for a purchase of a home or a “refinance checkup”.
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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?