Robert Wasieko

NMLS# 243140

Sales Manager

Robert Wasieko
Sales Manager

NMLS# 243140
State Lic: AZ # 0917493;
1750 East Northrop Blvd
Suite 230
Chandler, AZ 85286
Direct: (480) 265-4887
Fax: (480) 269-9052
Mobile: (480) 257-9080
bob.wasieko@academymortgage.com

34 days after first seeing the only house I shopped, I closed with a loan amount that I wanted, and with reasonable accommodations... I am very happy with the whole experience.Scott Arehart
Payment Calculator
$
Yrs.
%
Calculate
$

Robert began his career in the Arizona real estate industry in 1987, and since 1997 he has been a full time Mortgage Loan Officer. He has assisted hundreds of families with their mortgage loans and has a long list of satisfied customers and referral partners who can attest to his professionalism, honesty and integrity.  According to Robert, "Many families come to me frustrated by or wary of the mortgage process due to their past experiences or by things that they have heard from friends and family."  My advice to everyone seeking a mortgage these days is the same; relax!  You are in good hands with Academy Mortgage. 

Call Bob on his mobile phone or email him 24/7.  He's well known for answering calls and emails at all hours.  His staff at Academy Mortgage is a virtual all-star team comprised of the top loan processors and underwriters in the industry. The entire Wasieko Team prides itself on fast response times, accurate information and exceeding your expectations. 

 

 

ARTICLES

Read these articles to educate yourself on the mortgage process and industry.

VIDEOS

Watch helpful videos to learn more about Academy.

NMLS# 243140

State Lic: AZ: 0917493;

Corp Lic: AZ: BK-0904081;

×
×
×

Mortgage rates continue to fall

Interest rates for U.S. home mortgages continued to decrease for the week ending Jan. 28. Lower rates may lead to a higher number of interested homebuyers and more refinance activity. 

Interest falls, improving affordability. According to Freddie Mac's Primary Mortgage Market Survey, interest rates moved lower for the fourth consecutive week. The average 30-year fixed-rate mortgage fell to 3.79% from 3.81% the previous week. A year ago, the average 30-year FRM settled at 3.66%. 

A typical 15-year FRM fell from 3.1% to 3.97% on a week-over-week basis, but remains slightly higher than the 2.98% average seen a year ago. 

The average 5-year Treasury-indexed hybrid adjustable-rate mortgage slid from 2.91% the week prior to 2.9%. A year ago at this time, the 5-year ARM settled at 2.86%. 

According to Bankrate's analysis of average interest rates, this is the lowest level seen since April 2015, making it an ideal time to refinance or purchase a new home. 

The Federal Reserve pauses. Due to market turmoil, the Federal Reserve reacted as expected and paused for the week ending Jan. 28. 

"The yield on the 10-year Treasury stabilized around 2 percent this week, and the 30-year mortgage rate dipped 2 basis points to 3.79 percent," said Sean Becketti, Freddie Mac's chief economist. "The recent market turmoil has given the Fed pause; as was universally expected, the Fed stood pat this week but kept its options open for a rate increase in March. This week's housing releases confirmed the momentum of home sales going into 2016. A hesitant Fed, sub-4-percent mortgage rates (at least for a little while longer), and strong housing fundamentals should generate a three percent increase in home sales this year." 

Bankrate also noted that the committee continues to keep a close eye on the global economy. Concerns surrounding the labor market and inflation targets drove the central bank's decision not to raise the federal funds rate for the time being.

Home prices rise. With a rise in demand for housing, the value of homes will likely continue to increase.  

"Basically, the housing market, as measured by prices, is in good shape and the more prices rise, the more homeowners have the equity to make a move," noted Joel Naroff, president and chief economist for Naroff Economic Advisors, according to Bankrate. "That is good news."

Academy Mortgage is one of the top independent purchase lenders in the country as ranked in the 2014 CoreLogic Marketrac Report. Visit www.academymortgage.com to find a loan, get a rate, or calculate your payment today.

×

Mortgage rates see little change

According to Freddie Mac's Primary Mortgage Market Survey, interest rates for U.S. home mortgages declined slightly or saw little change for the week ending Nov. 25. 

"In a quiet week leading up to the Thanksgiving holiday, the 30-year mortgage rate dipped 2 basis points to 3.95 percent," said Sean Becketti, Freddie Mac's chief economist. "Economic releases over the last week contained no major surprises, and none are expected in the next few days. The year is winding down, and the only remaining market dates of note are December 4 - the last employment report of the year - and December 15-16, the long-awaited FOMC meeting."

The Federal Open Market Committee's upcoming meeting will determine whether a rate hike will occur. 

Freddie reports easing mortgage rates. The survey indicated the average 30-year fixed-rate mortgage settled at 3.95%, which is slightly down from the previous week's rate of 3.97%. A year ago interest rates averaged 3.17%.

While 30-year FRMs decreased, the average 15-year FRM remained unchanged at 3.18% when compared on a week-over-week basis, and the rate showed a small increase from 3.17% when compared on a year-over-year basis.

The average 1-year Treasury-indexed adjustable-rate mortgage settled at 2.59% which was slightly down from last week's average of 2.64%. A year ago at this time the average interest was 2.44%.

The benchmark 5-year Treasury-indexed hybrid ARM increased slightly from 2.98% the previous week to 3.01% the week ending Nov. 25. This week's average matches the rate seen a year ago at this time.

Bankrate reported lower interest rates. According to Bankrate's analysis of mortgage rates, 30-year FRMs decreased to 4.07% the week ending Nov. 24. The previous week's average settled at 4.09%.

The average 15-year FRM also decreased from 3.31% to 3.29%.

While rates are low, a rate hike is still expected, which will likely encourage more interested homebuyers to invest in real estate.

"Realtors have reported that there are lots of 'lookers' and fewer 'buyers,'" Joel Naroff, president and chief economist at Naroff Economic Advisors noted in a blog post, according to Bankrate. "That should change when mortgage rates start rising."

The housing market continues to show improvement, and more buyers entering the market will continue to bolster the industry.

Academy Mortgage is one of the top independent purchase lenders in the country as ranked in the 2014 CoreLogic Marketrac Report. Contact me to find a loan, get a rate, or calculate your payment today.

×

Utah sees impressive economic growth in 2015

Utah's economy made impressive strides in 2015, something that's expected to continue in the coming year, according to the 2016 Economic Report to the Governor.

For three-fourths of the year, the Beehive State showed the biggest gains in job growth and came in second for the other three months. With more than 49,100 jobs added, Utah saw increases higher than anticipated at the beginning of the year.

Despite a few factors that could hold Utah back in the coming months, including air quality concerns, geopolitical uneasiness and slowing global economies, economists have high hopes for 2016 due to several factors, including:

In fact, new commercial construction has been booming across the state. According to the Salt Lake Tribune, more than $1.8 billion went to investments in commercial properties in 2015, marking the third consecutive year of growth in this area.

A variety of sectors have seen new construction, with offices, warehouses, retail locations and apartments all being developed last year. The latter represented the biggest portion of that, with 4,100 apartments added to the state's inventory in 2015. Home construction was on the rise as well, according to The Spectrum. New homes accounted for nearly one-third of total home sales in Utah. As more homes are added to the state's inventory, people looking for a residential mortgage could see increased housing options and possibly lower prices.

Academy Mortgage is one of the top independent purchase lenders in the country as ranked in the 2014 CoreLogic Marketrac Report. Visit www.academymortgage.com to find a loan, get a rate, or calculate your payment today.

×