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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 financing impacts housing market growth, sentiment

Posted on Wednesday, August 27, 2014 at 3:23:20 PM

Why aren't there more homes for sale across the country? A larger inventory of real estate is a big reason behind housing market success, and as potential buyers struggle to find properties - and enter bidding wars when they do - the overall economic growth may be more limited than it otherwise could be. 

According to HousingWire, many homeowners may be concerned about residential financing rates. Fear of ending up with more costly mortgages than their current ones could be one cause for a smaller inventory of homes for sale, but it is likely not the entire picture.

Freddie Mac's recent figures put the 30-year fixed rate mortgage at 4.10 percent for the week ending Aug. 21, a low point so far in 2014. The 15-year FRM averaged 3.23 percent during that time. 

In addition, the Mortgage Bankers Association reported that interest in residential financing is on the rise. In its Weekly Mortgage Applications Survey, the MBA noted that applications ticked up 2.8 percent on a weekly basis in late August. Refinancing comprised 56 percent of the total mortgage share, while adjustable-rate mortgages made up only 8 percent of total residential financing applications. 

In a separate report, Freddie Mac explained that improvements to the U.S. housing market are continuing, but at a slow pace. On a local basis, many smaller economies are gaining ground much faster, with 13 of the 50 states considered "stable."

"As we see the economy slowly normalizing we're starting to see its effects in the housing market as well, albeit very slowly," said Frank Nothaft, chief economist at Freddie Mac. "The good news is the big housing markets, of which some were also the hardest hit, continue to improve."

Overall, the U.S. housing market is getting better and mortgage rates are still relatively affordable. Hopefully, these trends will continue, and more people will be motivated to buy and sell homes.