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Economic News & Our Borrowers

Economic News & Our Borrowers

SLG’s focus is on mortgage products, pricing, and service. There are many moving parts that go into each one of those, and all of the news in recent weeks has been on the government and economy. What’s going on out there that impacts Sovereign Lending Group’s...
Sovereign Lending Group is Watching the Economic Tumult

Sovereign Lending Group is Watching the Economic Tumult

When rates go up, bond prices go down, and vice versa. People who own bonds may not care if the price is going down since they don’t have to sell them , but many institutions do, including banks who own them. And in this environment, where people are second-guessing...
Jobs Data: What Recession?

Jobs Data: What Recession?

Sovereign Lending Group’s clients should know that the economy in the United States is driven by housing and by jobs, and we saw the employment data last week that turned heads. And bond market investors were left wondering what impact this data will have on the...
VA Loan: A Complete Guide

VA Loan: A Complete Guide

A VA loan is a type of mortgage loan available to veterans, service members, and eligible surviving spouses. It is a government-backed loan that is issued by private lenders but is guaranteed by the Department of Veterans Affairs (VA). The VA loan program was created...
The Debt Ceiling and Mortgage Rates

The Debt Ceiling and Mortgage Rates

Sovereign Lending Group prides ourselves on our service, reputation, and product line up. But that doesn’t mean, of course, that we don’t keep our eye on offering competitive pricing, mortgage rates, and the economy in general. Overall mortgage rates were down last...