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Employment is in the Headlines

Employment is in the Headlines

Housing and jobs drive the economy in the United States, and Sovereign Lending Group’s clients should know that July’s job’s data sure turned some heads, and certainly suggesting that we’re not in a recession. Nonfarm payrolls increased by 528k in July. What do rates...
Mortgage Rate Pressure

Mortgage Rate Pressure

Sovereign Lending Group Mortgage Rate Pressure Sovereign Lending Group’s loan officers like to remind our clients that mortgage rates are not controlled by the Federal Reserve or any specific entity. The vast majority of mortgages are bundled by Sovereign and other...
Pool Of VA Loan Applicants Expanded Due To New Bill Passed

Pool Of VA Loan Applicants Expanded Due To New Bill Passed

VA loans have now been expanded to a new group of people thanks to this lengthy bill passed in congress. Here is what it means:  The Bill  There was a provision included in the Johnny Isakson and David P Roe, M.D. Veterans Health Care and Benefits Improvement Act that...