Mortgage Blog

July 1st, 2008 9:27 AM

Our Corporate office has hired 7 new underwriters to go along with the 4 we already had, and that's helped out a ton on underwriting turn times.  We were at 3 weeks for a while, and now we're at 1 week, and soon we should be back to what we're used to which is 24-48 hour turn around times for approvals that aren't automatically approved online, which of course takes about 30 seconds for an approval.

Interest rates have come back down just a little, moving with the 10 year U.S. Bond yield which yestersday dipped back under 4.00%. 

We had a good week of wheat harvesting last week but then the rain fell and now we're back working in the office until it dries out.

Check out my updated website www.colbyzeka.com.


Posted by Colby Zeka on July 1st, 2008 9:27 AMPost a Comment (0)

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