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 [...]
I'd like to share something that happened to me this past week that will help explain how ethical business practices extend to others in my industry, not just borrowers. I got a call from a potential borrower who wanted to [...]
Fed Cuts Rate and Refinancing Goes Nuts! The Federal Reserve cut their target interest rate, the Fed Funds, by .25% at the conclusion of their two-day Open Market Committee Meeting on September 19th. This rate cut was anticipated by [...]
Hello Friends, here's my market rates email list update for August 2019. Federal Reserve Rate Cut The Federal Reserve did cut their target rate .25% yesterday, July 31st, as anticipated. They also ended their balance sheet reduction plan two [...]
HELOC vs. refinance: Which is better for a cash-out loan? Is a home equity line of credit (HELOC) or a refinance of your principal mortgage the better option for you? Market Rate Can Help You Choose A recession in 2020 [...]
