Categories Interest Rates
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The 10 year US Treasury rate fell on news that Johnson & Johnson have stopped trials of their Covid vaccine due to a patients illness. In addition, a stimulus package looks increasingly unlikely to pass before the election which will drag on the current recovery.
Categories Centennial Mortgage, HUD Regulations
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Centennial Mortgage, Inc. (CMI) is proud to be an independent, privately-owned FHA Lender. Our small team is able to stay focused on our core business and we pride ourselves on the level of customer service we are able to provide. CMI is also pleased to be closely associated with other like-minded businesses that help us remain independent. This month, we are focusing on Network Computer Service, Inc. (NCSi). This company provides CMI with IT services. Please see below for a statement written by NCSi.
Categories Centennial Mortgage
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Centennial Mortgage is pleased to welcome Sadie Herting to the team as a Project Manager.
Categories Centennial Mortgage
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Last week, Centennial Mortgage closed five projects on Tuesday, September 22 and Wednesday September 23.
Categories Interest Rates
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Investor sentiment is starting out stronger this week despite political uncertainty.
Categories Interest Rates
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The 10-year treasury is flat this morning having only a 1 basis point change since last Monday.
Categories Centennial Mortgage
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The recent forest fires on the West Coast have impacted many of the individuals and families of the Centennial Mortgage team. We are fortunate that it has been limited to smoke and no lives have been lost.
Categories Centennial Mortgage, Interest Rates
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10 year US Treasury rates are flat at .66% As the market opened on Tuesday after Labor Day at .67%. Fundamentals have not changed and with light economic data coming out this week we do not expect much volatility.
Categories Centennial Mortgage
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Effective September 4, 2020, due to a health emergency issued by the Centers for Disease Control and Prevention (“CDC”) and the Department of Health and Human Services (“HHS”), the White House announced a temporary eviction moratorium until December 31, 2020.
Categories Centennial Mortgage, HUD Regulations
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Many folks often wonder why it is difficult to get HUD to make changes to their rules. The answer is simple in some regards and very complex in others.
Categories Healthcare, Interest Rates
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The stock market is showing increased volatility since last week. The NASDAQ opened down 3% which is causing money to shift into United States Treasuries.
Categories 223(a)(7), Centennial Mortgage
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Hershey Towers B, 72 units in Pana, Illinois.