Rates on 30 years mortgages remain above 6%
05/08/2008
Though down slightly from a week ago, mortgage rates remained above 6% for the 3rd consecutive week according to Freddie Mac. The Mortgage giant reported that 30 year mortgages average 6.05% this week, down .01% from last.
New Home Sales Drop, State Guide Update For Mortgage Brokers
04/24/2008
More bad news for mortgage brokers and bankers as The Commerce Department reported today that new homes sales dropped 8.5% last month, representing the lowest level (slowest pace) in over 16 years. On top of this came news that the median price of new home sales dropped by the largest amount in almost 4 decades, the [...]
Existing Home Sales Fall 2% in March, Pricing also Falls. Mortgage Broker Guide Update.
04/22/2008
The median price homes sold in March dropped to $200,700, a decline of 7.7% from the median price in March 2007. The National Association of Realtors revealed today that sales of existing single-family homes (including condos) also dropped 2%.
Bryant Surety Bonds also wants to make mortgage brokers aware that additional states have been added to [...]
Mortgage Broker Licensing Guidelines
04/21/2008
Bryant Surety Bonds is proud to unveil our state by state mortgage broker licensing guide. Because each state has its own laws and regulations, it is our hope that this guide will make it easier for mortgage brokers to know what they need to do to qualify for licensing in a new state.
Currently we have [...]
Operational Announcement: Bryant Surety Bonds Closed Friday 3/21/08
03/20/2008
Bryant Surety Bonds, Inc will be closed on Friday March 21, 2008.
Please explore our website to learn all about the Surety Industry, along with surety bond information by business type.
Also be sure to fill out an surety bond application, it is easy to do as everything can be completed online, and instant quotes are available.
Mortgage Rates Drop to Below 6% For The First Time In Over A Month
03/20/2008
For the first time since the week of Feburary 14 mortgage rates dropped to below 6%.
According to Freddie Mac, rates averaged 5.87% for 30 year loans, down from 6.13% last week.
Other mortgages also fell this week:
Rates on 15-year, fixed-rate mortgages, a popular choice for refinancing, averaged 5.27%, down from 5.60%.
For five-year, adjustable-rate mortgages, rates dipped [...]
Bryant Surety Closed Friday 22, 2008 Due to Weather Conditions
02/22/2008
Please note that though Bryant Surety Bonds is closed due to the inclement weather outside, our agents are still accessible through their email and we will be processing applications and bonds as normal. If you are not currently working with an agent, please fill out one of our online surety bond applications, it takes [...]
2007 Home Sales Numbers
01/31/2008
The numbers are in for the 2007 housing market, confirming what what was already known, it was not a good year for to be a mortgage broker, or mortgage banker.
Sales of existing homes fell 2.2% in December, and for the year ended down 13%. This marks the largest drop in 25 years. Prices also fell [...]
Through solid relationships with T-listed and A-Rated bonding companies, Bryant Surety Bonds has the contacts, expertise, and top service, needed to provide you with a hassle free experience, all while offering competitive rates. We offer an extensive list of surety bonds (both commercial and construction) to fill the needs of your business or its next big project.
It is because of these relationships that Bryant Surety Bonds, Inc. can offer you several specialty programs like the exclusive markets we represent for: mortgage bonds, Contractor license bonds, and even our bad credit surety bond program for those with high risk credit. We are excited to put our expertise to work for you, please apply for a surety bond today. As always, it is free to apply and there are no obligations.
Just learning about surety bonds and want some general information, please visit our surety bond information page for useful tips on how to become bonded and more.
Bryant Surety Bonds is able to handle a wide variety of needs, from standard bonds to the most difficult bond risks. Visit our Construction Bonding departments web page to view our selection of construction bonds.
With several programs under which to write bid bonds, we are confident we can write the right one for you. If you have good credit, please apply for our Bid Bonds by downloading our application here.
For contracts under $100,000 the approval system is based on the owners personal credit, while approval for contracts over $100,000 is based on both personal credit and the businesses financials. Please visit our Performance Bond page for more information.
For builders, visit our Subdivision Bond page to see why they are advantageous against other forms of guarantees, such as irrevocable letters of credit and CDs.
This is just a sample of the types of contract bonds we have available. Visit our Contract Bonds page, and when you are done browsing, please download our online application to get started.
Due to several well-laid relationships, Bryant Surety Bonds Commercial division has several exclusive state surety bond markets that are designed to save you money. Below are some of the more common commercial bonds. Visit our Surety Bond Categories page for a full list of our offerings. When you are ready, please apply using our online application for commercial bonds.
Auto dealer bonds are available nationwide for clients with all types of credit history. These bonds are also sometimes called used car dealer bonds or DMV Bonds.
Bad Credit Surety Bonds are available for clients who do not qualify for standard market rates due to their credit score, financial history, or experience. The name can be misleading, as this program can apply to applicants with limited credit history.
License and Permit bonds is a category of bonding all its own. These bonds are typically required for many licensing applications, such as auto dealer and broker licenses.
The Mortgage Broker bond, also know as a mortgage surety bond, is required by state law in order to obtain a mortgage broker license. We offer instant approval for qualified applicants of both Mortgage Broker and Mortgage Lender bonds. Feel free to check out our mortgage broker state licensing guideline page to learn more about state by state laws and regulation for mortgage broker licensing.
