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National Association of Professional Mortgage Women

Providing business, personal, and leadership development to advance women in mortgage-related professions. 

Important
Reminders 
Monthly, all local meeting minutes are to be sent to your NVP and the National Secretary, and all treasurer reports are to be sent to your NVP and National Treasurer.
 
Local Associations
Spokane  
Women In The Workplace
Quick links of stories of interest...
Women Ask For Raises As Much As Men Do- But Get Them Less Often- Fortune

Upcoming NAPMW Events Around The Country

9/8- NAPMW Austin Presents "8 HR SAFE Comprehensive Live 2016 Continuing Education" 

9/13- NAPMW Columbia River September Meeting

9/13- NAPMW Anchorage September Meeting and Luncheon

9/14- Board of Directors National Board Meeting 

9/14- NAPMW Greater St Louis Presents "Recent Public Policy Developments That Impact Our Housing Market" 

9/14- Texas Mortgage Roundup Dallas

9/14- NAPMW Houston September Education: Finding New Mortgage Solutions Outside The Box

9/15- NAPMW Hudson Valley Wine Tasting and Buffet Dinner

9/20- NAPMW Atlanta September Luncheon


9/29- NAPMW Houston Seas The Day Trader Show

10/04- NAPMW Austin Making The Condo Connection with Fannie Mae Austin Board of Realtors 



Contact Us
NAPMW
c/o Agility Resources Group LLC
345 North Main St., Suite 313,
West Hartford, CT 06117 

Phone: 1-800-827-3034

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What Your Leadership Style Says About You

As many of you may recall, NAPMW hosted an APEX Meeting in New Orleans earlier this summer where Local Presidents and the National Board came together for leadership training, association updates, and the National Board Meeting.
This all-day event was educational and entertaining, to say the least. Especially the morning session hosted by Dr. Cynthia Rowan: Unlocking the Power of Your Leadership Style for Success!

Before the APEX Meeting, Cynthia asked all who would be in attendance to take the DiSC Assessment, "the leading personal assessment tool used by over 1 million people every year to improve work productivity, teamwork and communication." - DiSC Profile

DiSC stands for the four main leadership styles we use in work environments and leadership positions: Dominance, Influence, Steadiness, and Conscientiousness. Everyone possesses one of these main leadership styles, as well as a secondary style that works with the first.

With DiSC assessments in hand at the APEX Meeting, Cynthia went over the four different leadership styles, how to use them to better understand ourselves, and how to adapt our behaviors with others. 

She also put us in groups of each leadership style were we talked through our strengths, weaknesses, and actions we can take to work well with the other three styles. 

The day was full of a lot of laughs and enlightenment. It helped us not only in our personal and work lives, but also in working with one another to achieve a common goal. 

If you are interested in learning more about the DiSC Assessment, click here to visit DiscProfile.com.

Local Event Spotlight
NAPMW Austin's Wine Down Wednesday
For their summer installation, NAPMW Austin hosted a Wine Down Wednesday Event at Antonelli's Cheese Shop in Austin, TX. 

Antonelli's offers cheese tastings where a cheesemonger introduces numerous food, cheese and wine pairings along with bread, olives, and nuts.

"NAPMW Austin held Wine Down Wednesday at Antonelli's Cheese Shop to celebrate a great month end and the launching of our Fall Calendar.  We had a great turnout, learned about cheese, and welcomed new members into the group." - George Light, NAPMW Austin President

If you're interested in doing something a little different for your monthly meetings, be sure to check out local businesses in your area that host tastings or events. This is a great way to network and spend time with each other, and an easy way to invite potential new members for an evening of fun and excitement!
MBA: Mortgage ApplicationsTick Up Ever So Slightly
It's all quiet on the mortgage application front, per the latest data from the Mortgage Bankers Association.

According to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association, released Wednesday morning and based on data for the week that ended Sept. 2, 2016, mortgage applications during rose by 0.9% over last week's total.

Last week saw a 2.8% increase from one week earlier, which itself was down 2.1% from the week before that.

So basically, it's minor movements in one direction or the other each week, but it's all in the same ballpark, and has been for a little while now.

Specifically, the MBA report showed that the Market Composite Index, which is a measure of mortgage loan application volume, rose by 0.9% on a seasonally adjusted basis from one week earlier.

On an unadjusted basis, the Index actually fell by 0.1% when compared with the previous week.

Additionally, the Refinance Index increased 1% from the previous week, while the seasonally adjusted Purchase Index also increased 1% from one week earlier.

On the other hand, the unadjusted Purchase Index fell by 1% compared with the previous week but was 7% higher than the same week one year ago.

Overall, the refinance share of mortgage activity increased to 64% percent of total applications, rising from 63.5% in the previous week, the MBA's report showed.

The adjustable-rate mortgage share of activity decreased to 4.3% of total applications.

Additionally, the MBA's report showed that the Federal Housing Administration share of mortgage applications fell by two basis points from 9.7% last week to 9.5% this week, while the Department of Veteran Affairs' share of total applications fell to 11.9% from 12.5% during the week prior.

The United States Department of Agriculture share of total applications remained unchanged at 0.6%.

Interest rates also showed relatively little movement.

According to the MBA report, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances (meaning loans with balances $417,000 or less) increased to 3.68% from 3.67%.

The MBA report also showed that the average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances (meaning greater than $417,000) increased to 3.66% from 3.63%.

Additionally, the average contract interest rate for 30-year fixed-rate mortgages backed by the FHA fell from 3.54% to 3.52%, while the average contract interest rate for 15-year fixed-rate mortgages held steady at 2.96%, and the average contract interest rate for 5/1 ARMs fell from 2.9% to 2.87%.

 
Click here for more at HousingWire.com.
 
SAVE THE DATE
NAPMW Annual is at the Luxor Casino and Resort in Las Vegas on 
April 10-12, 2017!