Category Archives: Mortgages

Las Vegas Market Update – May 2011

Posted on May 7, 2011 by Forrest

Happy Mother’s Day Weekend! Single family residential (SFR) closings for April were down 9%from March but 4.5% better than April 2010. The median sales price of an SFR dipped further to $125,000.  Yet, the average closed sales price increased slightly … Continue reading →

Posted in Market Stats, MLS, Mortgages, Pricing | Leave a comment

Mortgage Insurance (MI) Changes Coming Soon

Posted on March 23, 2011 by Forrest

Mortgage Insurance Update Jim & Vicki Sheppard Shelter Mortgage Please be aware of the upcoming changes, which are  reflected on the attached flyer.  Click Here for Flyer.   As of April 18, 2011, the following changes are as follows on FHA … Continue reading →

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November Market Update * Shelter Mortgage Updates

Posted on November 8, 2010 by Forrest

NEW Mortgage CE Class! First, I want to announce a new CE class that was recently approved by Shelter Mortgage!  The new “Mortgage Financing in a New Age” class will be launched Wednesday, November 10, 2010 in the Summerlin office … Continue reading →

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HERA Amends the Truth in Lending Act

Posted on July 30, 2009 by Forrest

New changes to the loan process that could affect borrowers. New changes in regards to the timing of the Truth in Lending (TIL) statement are effective beginning July 30, 2009 on all new mortgage applications.  A TIL is designed to … Continue reading →

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