The Mechanics of Rising Rates Hi Friends, We all knew this was coming and mortgage interest rates have finally increased significantly. Rates are up over 1% from where they were in December of 2021 due to rising inflation. The [...]
Inflation Rising Hi Friends, December 2021 saw mortgage rates continue to be pressured higher due to persistent inflation in the markets. The annual inflation rate increased over 6% in November 2021, which is three times the Federal Reserve’s desired [...]
Difficult Loan Situations Hi Friends, One of the most gratifying experiences I have, doing the work I do, is to help people in need purchase property despite the many obstacles that arise during a real estate transaction. During my [...]
Family Ties Hi Friends, I have recently returned from two weeks in Switzerland visiting my 83 year old mother who moved there in 2018 to live with two of her younger sisters at a nursing home the sisters operate [...]
Pandemic Measures Continue For Now Hi Friends, Mortgage interest rates continue to be close to historically low levels, helped by the continuing easing measures the Federal Reserve implemented at the beginning of the pandemic. These measures included reducing the [...]
Back from an Amazing SCUBA Trip Hi Friends I’m back from a much-needed break in the action after taking a sabbatical from new business that lasted from April 1 – June 19 of this year. During that time, I [...]
Markets Are Volatile Hi Friends, Mortgage interest rates have moved slightly lower since my last update, due to a decrease in the 10-year treasury and 30-year bond yields. As of April 16th, 2021, Rates were .25% lower than they [...]
After 12 Months of Historic Lows Hi Friends, Mortgage interest rates have continued to rise since my last update. Many of you who are watching the ten-year treasury bond yield already know that the party is over. After 12 [...]
Hi Friends, Mortgage interest rates continue to be near the all-time low levels we have continued to experience since June of 2020. Mortgage rates are still at historically low levels despite the FHFA (Federal Housing Finance Administration) refinance fee [...]
Mortgage Rate Update Mortgage interest rates continue to be near the all-time low levels we have been experiencing since June of this year. Mortgage rates are still at historically low levels despite the FHFA (Federal Housing Finance Administration) refinance [...]
Refinance Fee Hike Increases Rates Mortgage interest rates continue to be near the all-time low levels we have continued to experience since June of this year. Mortgage rates are still at historically low levels despite the Federal Housing Finance [...]
Yes, Rates Are Near the All-Time Low Mortgage interest rates continue to be near the all-time low levels we have been experiencing since June of this year. In today’s edition of m,y blog newsletter, I am sharing new and [...]
Low Mortgage Rates During Economic Crisis Mortgage interest rates continue to be near the all-time low levels we have been experiencing since June of this year. In the first week of August, rates bottomed out, ending the run on [...]
UltraFICO Credit Scoring Helps Millennial Home Buyers Are you a millennial? Or concerned about the financial wellbeing of your millennial child? Low Credit Usage According to recent research, only 33% of adults ages 18 [...]
Rates at 30 Year Low This week, mortgage rates for conforming, single-unit, residential properties have come back down to the lowest levels in three decades, with some borrowers being able to lock and close 30-year fixed-rate loans at 3% [...]
Mortgage Lending Roles Mortgage lending has its own vocabulary that can be confusing for buyers, especially first time home buyers researching how to get a good mortgage loan. People often ask how to compare mortgage brokers vs. mortgage consultants [...]
Link Between COVID-19 & Mortgage Loans As the COVID-19 shelter-in-place directive is impacting all areas in our society and the global society at large, the effects are being felt in the mortgage markets as well. Mortgage interest rates that [...]
Unprecedented Disruption All of us right now are experiencing unprecedented health, social and market disruptions and are directly impacted by the frequent changes and uncertainty. What started as and continues to be a global health crisis has quickly added [...]
Hi Friends, This is a CRAZY time for everyone and for many reasons, but also especially in the mortgage industry. We're experiencing crazy time mortgage rate lows. I have had over 100 new loan requests in the last two [...]
Top Producer Awards for 2019 & 2020! During my years as a mortgage consultant with C2 Financial, I beat a personal record with these top producer awards — all thanks to you, my clients! 2019: #1 C2 Financial agent [...]
Hello, friends. Here's my monthly update on the outlook for current rates in general, but first — information about loans for first-time home buyers. Skip to Current Rates here. Loans for First Time Buyers With rates falling again [...]
The Maze of Tough Loan Cases I recently closed a very difficult transaction that, if any number of lenders had applied common sense, should have been easy to close. As many of you know if you've read my About [...]
Here's my monthly update on the outlook for current rates in general, but first — news about loans for self-employed home buyers. Skip to Current Rates here. Loans for Self-Employed Stated Income Loans More new mortgage products have been [...]
