Real Mortgage Advice · Archive

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Last Chance to Refinance?

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

Refinancing Goes Nuts!

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

What Are Closing Costs?

First Time Home Buyers Guide to Closing Costs You have your downpayment. Great. You are ready to close the deal on your loan and start making bids on houses! Soon you get your closing statement and there

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 opposed to using an app like Redfin Mortgage that launched last fall. They see that there seems to be a

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 loan they need for their unique situation. Here's an overview of what I do for anyone who needs help with

Mortgage Rates & SCUBA Diving

December Stock Market Corrections The corrections in the stock market to end 2018 rolled into the beginning of 2019. This helped push money into the bond market, which resulted in lower mortgage interest rates to start in 2019. The

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 rates to end the year. Despite the Federal Reserve’s expected interest rate hike of .25% on December 19th 2018, mortgage

Mortgage Rate Seesaw

Hello, friends. We are in a new higher interest rate environment and are heading even higher going into 2019 and 2020. I'll explain what's happening behind the scenes and what you can expect to unfold in the next year or

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 buyers to help you sail through the experience. Get a GOOD Realtor I tell this to my clients all the

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 as a bullish event. This means that money began flowing into the stock market like crazy, hitting highs on the

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