Are you curious about the status of mortgage interest rates? Watch the most recent mortgage market update from Barry Habib, Founder and CEO of MBS Highway.
“Inventory levels, according to the National Association of Realtors, are down over 10%. So much less properties to choose from. Purchase volume is up over 10%…. We still are a very strong purchase market”
Habib began his career as a loan originator in 1986 and founded Certified Mortgage Associates in 1989, a mortgage provider in Monmouth County, NJ. Barry was recognized as the Nations top mortgage loan originator in 1992. During his career, Barry closed over $2 billion in personal production. In 2012 Barry founded MBS Highway to provide support for loan originators and real estate professionals through their website. Habib works as a professional speaker on financial markets, housing, negotiation, technical trading analysis, sales training, building relationships and motivation. He has managed a hedge fund, authored a stock advisory newsletter, owned an insurance agency, and acted as managing partner in a real estate investment company. (via Wikipedia)