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Home Loan was started to help our customers achieve their goals, and we're proud of our track record. But don't take our word for it. Here's what some of our customers have to say:

"Working with Mario [Loan Originator] at Home Loan Investment Bank made the often rocky road of refinancing smooth and almost easy. Once we sent our information to Mario he reviewed it quickly, and promptly let us know if anything was missing. We were in Arizona, the property we were refinancing was in Maine, and Mario was in Rhode Island, but working with Mario was like working with a next door neighbor!"

– Dave M.

 "In this day and age, it is rare to find true kindness, consideration and courtesy. Emily [Loan Originator] was all of those things and more. I just wanted you, her manager, to know what a really excellent job she did for us. Thank you.

– D. Gayle & Robert W.

"This is just to thank you for all of your help. We finally closed on the houses! Please know that we are very thankful to you for helping us achieve a 'new' dream in America. My husband came to America 18 years ago with one dollar in his pocket and now he owns three houses... thanks to Home Loan Bank."

– Carolina B.

"Thanks to Kristin [Loan Originator] and your bank loan, this New Year is certainly looking brighter for me and my children. I know that I am one of the many thousands of people your bank deals with on a daily basis, but I never felt like a number or an account."

– Maggie C.

"I am writing to thank your for the opportunity for us to finally bring our previously high mortgage rate down. Due to financial difficulties over the past several years, until now we have been unable to do so. The opportunity your institution has made available for us is making all the difference in us securing our financial future."

– Karen T.

 "Thank you so much for all your help on our recent loan. Your professionalism, knowledge and great customer services made it all happen."

 – Frank and Eileen S.

"I closed on a home refinance with Home Loan Investment Bank in May. Mario [Loan Originator] made the process easy and painless. Mario and Home Loan were great to work with. It was just like your neighborhood bank on the phone and over email, and they were always available to move the process forward. This was truly a once in a lifetime refinance opportunity. I have the same monthly payment for a 15 year fixed mortgage versus my old 30 year fixed mortgage. Thank you. "

– Nils M.

"Thank you for superior professionalism and just plain human compassion throughout my refinancing process."

– Sonja S.

"I have been a Real Estate Broker for over 24 years, dealt with a lot of banks, bankers and brokers and I have never been treated so kindly."

– Evelyn B.

"Lance [Loan Originator] was extremely helpful, answered all of our questions promptly, whether asked by phone or fax, and his attention to detail and follow up were commendable. It may be a level of excellence that you expect from all of your agents, but we found it exceptional and worthy of comment."

– Harold S.

"We have told other people about the great way we were treated and about the smooth refinancing experience your company and Emily [Loan Originator] provided and have referred them all to you for help in refinancing their home."

–Gay and John B.

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Residential real estate: A closer look

Posted on Thursday, September 22, 2016 at 4:16:52 PM

Residential real estate has come back from the brink, much to the benefit of the American economy. When the housing crisis and mortgage debacle were at their heights, there was no way of telling when or if the market would bounce back. This not only impacted those who were looking to purchase a home, but those who already did and the construction industry. 

Housing starts have not come close to reaching where they were right before the recession, but are slowly building. Mortgage applications have been strong this year, and refinancing activity has been unprecedentedly high thanks to historically low interest rates. This mixed bag is shifting going into the final stretch of 2017, and all current or prospective homeowners should know where they stand. 

Diving deep
Bankrate recently provided an exhaustive analysis of the mortgage and home construction markets, affirming that a lot of change is likely on the horizon in both areas. One might think that new housing starts stalling throughout the past few years would be a positive factor for existing real estate, but this is not the case. Rather, the fact that new homes are few and far between has adversely affected the housing market as a whole. 

"Inadequate single-family home construction since the Great Recession has had a detrimental impact on the housing market by accelerating price growth and making it very difficult for prospective buyers to find an affordable home - especially young adults," National Association of Realtors Chief Economist Lawrence Yun told the news provider. 

Citing data from the U.S. Department of Commerce's Department of Housing and Urban Development, the source pointed out that construction starts for residential properties dropped significantly over the summer, but continues to be generally flat compared to the past three years' worth of data. Notably, housing starts are already about twice as voluminous as they were in 2010, but more growth needs to occur to truly improve the health of the market. 

On the mortgage end, Bankrate stated that interest rates on 30-year fixed residential loans continued their 36-week trend of remaining below 4 percent, which bodes well for those families who are approved on a lien. Whether or not the interest rate base will rise going into the end of the year remains unclear, but most analysts are betting on a rise by the beginning of 2017. 

Getting rolling
Homeowners who are looking to sell their houses should enjoy a high level of demand given the fact that interest rates are beginning to show signs of rising, cpupled with the raw volume of applications across the nation through the end of the year. Those who are looking to purchase a home or refinance an existing mortgage will want to move quickly on those activities while the rates remain low. 

As always, consider working with a local, community bank to navigate the highly complex process of acquiring and refinancing a mortgage.