New HELOC for Uni Hills—FINALLY!

Fed Still Holding the Line No surprises were coming out of the most recent two-day Federal Reserve Open Market [...]

Inflation — Killer of Mortgage Rates

Inflation Stubbornly High Mortgage rates continue to remain stubbornly high due to the worse-than-expected inflation readings in February. The [...]

Holiday Joy

They grow up fast! This holiday season I was fortunate to spend some time with my only child, my [...]

Mortgage Interest Rate Drop!

Hikes on Hold The Federal Reserve continued holding on interest rate hikes and finally started showing signs that rate [...]

Getting Over the Interest Rate Hump

Rate Hike Pause Continues At the conclusion of the November 1, 2023, Federal Reserve meeting, the Fed continued the [...]

What is a Bank Statement Loan?

Loan Options As a mortgage consultant, it's important to me be able to educate clients to ensure that they [...]

Still Waiting for the Mortgage Market

Still Waiting Mortgage interest rates have yet to make a significant move lower because the inflation numbers haven’t decreased [...]

Spring Buying Season Is Here

Hello, friends. Home Buying Competition The spring home-buying season is starting to heat up in my area and it [...]

Another Bank Bailout?

Recession Déjà Vu Hi Friends, March was a volatile month in the markets. The headlines were full of news [...]

Father Daughter Retrospective

Home Buying Is Up Hi Friends, As mortgage interest rates have started to fall with inflation in the first [...]

Window of Opportunity to Buy or Refinance Now

Rates Heading Down Mortgage rates have stabilized and are slowly heading lower due to the continued good news on [...]

Happy New Year — Rates Are Headed Down!

Happy new year, friends! Rates Down As Predicted Mortgage interest rates finally started falling in November 2022, as I [...]

Home Buyers: How to Deal with the Hottest Inflation in 40 Years

Hi Friends, Mortgage interest rates continue to be high due to the hottest inflation readings in over 40 years. [...]

Real Estate Markets Respond to Rising Rates

Hi Friends, Mortgage interest rates are at the highest levels I have seen since 2007. They have more than [...]

Turbulent 2022 Mortgage Rates

Refinances & Purchases Drop Hi Friends, Mortgage rates keep rising at a very brisk pace. May 2022 saw mortgage [...]

Adjustable Rate Mortgage (ARM) Opportunity

Home Buyer Squeeze Hello friends, Mortgage rates keep rising at a very brisk pace. April 2022 saw mortgage interest [...]

Hold On for a Bumpy Ride

Hello friends, A lot has happened since I penned the last installment of my newsletter. Continued rising inflation, historically [...]

Rates, Recession, & Refinance Opportunities

The Mechanics of Rising Rates Hi Friends, We all knew this was coming and mortgage interest rates have finally [...]

What Goes Down Must Come Up

Inflation Rising Hi Friends, December 2021 saw mortgage rates continue to be pressured higher due to persistent inflation in [...]

First Time Buyer’s Brush with Financial Disaster

Difficult Loan Situations Hi Friends, One of the most gratifying experiences I have, doing the work I do, is [...]

Relationships Matter Most

Family Ties Hi Friends, I have recently returned from two weeks in Switzerland visiting my 83 year old mother [...]

Last Chance to Refinance?

Pandemic Measures Continue For Now Hi Friends, Mortgage interest rates continue to be close to historically low levels, helped [...]

Back from SCUBA to Another Refinance Frenzy

Back from an Amazing SCUBA Trip Hi Friends I’m back from a much-needed break in the action after taking [...]

Diving with Giants

Markets Are Volatile Hi Friends, Mortgage interest rates have moved slightly lower since my last update, due to a [...]

Low Mortgage Rate Party Is Over

After 12 Months of Historic Lows Hi Friends, Mortgage interest rates have continued to rise since my last update. [...]

February 2021 Mortgage Rate Update

Hi Friends, Mortgage interest rates continue to be near the all-time low levels we have continued to experience since [...]

Taking a Breather!

Mortgage Rate Update Mortgage interest rates continue to be near the all-time low levels we have been experiencing since [...]

Mortgage Rates in Uncharted Waters

Refinance Fee Hike Increases Rates Mortgage interest rates continue to be near the all-time low levels we have continued [...]

Misconceptions About Mortgage Interest Rates

Yes, Rates Are Near the All-Time Low Mortgage interest rates continue to be near the all-time low levels we [...]

Profiting from the Coronavirus Crisis?

Low Mortgage Rates During Economic Crisis Mortgage interest rates continue to be near the all-time low levels we have [...]

UltraFICO Helps Millennial Home Buyers

UltraFICO Credit Scoring Helps Millennial Home Buyers Are you a millennial? Or concerned about the financial wellbeing [...]

Historically Low First Mortgage Rates

Rates at 30 Year Low This week, mortgage rates for conforming, single-unit, residential properties have come back down to [...]

Mortgage Broker vs. Mortgage Consultant: What’s the Difference?

Mortgage Lending Roles Mortgage lending has its own vocabulary that can be confusing for buyers, especially first time home [...]

COVID-19 and Mortgage Loans

Link Between COVID-19 & Mortgage Loans As the COVID-19 shelter-in-place directive is impacting all areas in our society and [...]

Health, Community, & Finance

Unprecedented Disruption All of us right now are experiencing unprecedented health, social and market disruptions and are directly impacted [...]

Crazy Time Mortgage Rate Lows

Hi Friends, This is a CRAZY time for everyone and for many reasons, but also especially in the mortgage [...]

Vic Joshi Top Producer Awards

Top Producer Awards for 2019 & 2020! During my years as a mortgage consultant with C2 Financial, I beat [...]

Loans for First Time Buyers + Current Rates

Hello, friends. Here's my monthly update on the outlook for current rates in general, but first — information about [...]

Tough Loan Cases + Current Rates

The Maze of Tough Loan Cases I recently closed a very difficult transaction that, if any number of lenders [...]

Loans for Self-Employed + Current Rates

Here's my monthly update on the outlook for current rates in general, but first — news about loans for [...]

Loans for Seniors & Veterans + Current Rates

I have news this month on loans for seniors and veterans, but first let's look at the overall outlook [...]

An Ethical Business Story

I'd like to share something that happened to me this past week that will help explain how ethical business practices [...]

Refinancing Goes Nuts!

Fed Cuts Rate and Refinancing Goes Nuts! The Federal Reserve cut their target interest rate, the Fed Funds, by [...]

Mortgage Refinance Opportunity

Hello Friends, here's my market rates email list update for August 2019. Federal Reserve Rate Cut The Federal Reserve [...]

HELOC vs. Refinance

HELOC vs. refinance: Which is better for a cash-out loan? Is a home equity line of credit (HELOC) or a [...]

What Are Closing Costs?

First Time Home Buyers Guide to Closing Costs You have your downpayment. Great. You are ready to [...]

What’s the Deal with Redfin Mortgage?

DIY Mortgage Loans A lot of people ask us why they should bother with using a real estate broker as [...]

Need Help With a Mortgage Loan?

Hello, friends. I'm here to educate home buyers and guide them through the mortgage loan process to get them the [...]

Mortgage Rates & SCUBA Diving

December Stock Market Corrections The corrections in the stock market to end 2018 rolled into the beginning of 2019. [...]

2019 New Year Mortgage Rates

Rocky December 2018 We ended 2018 with lots of volatility in the stock market which did help improve mortgage interest [...]

Mortgage Rate Seesaw

Hello, friends. We are in a new higher interest rate environment and are heading even higher going into 2019 and [...]

Tips for First Time Home Buyers

Buying your first home is a momentous time in most people's lives. Here are some tips for first time home [...]

Trump Impact on Mortgage Lending

When Donald Trump was voted in as the next president of the United States in 2016, the markets perceived that [...]

Shining a Light on Mortgage Lending

I'm Vic Joshi, a mortgage consultantl, shining a light on mortgage lending with my revamped website. I took on this [...]

Vic’s REAL Mortgage Advice Blog