Rate Drop Has Begun!!
Lowest Levels Since March 2023 On August 2nd we saw mortgage rates fall to their lowest levels since March [...]
Finally — A Rate Cut
30-Year Rate Drop The Federal Reserve is finally in agreement that inflation is heading towards their 2% target due [...]
The Indonesia SCUBA dive trip was a huge success!
The Indonesia SCUBA dive trip was a huge success! We were in North Sulawesi on the Islands of Bunaken, Bangka, [...]
Good News for Mortgage Rates in May
Fed Funds Rate Stayed the Same Good news for mortgage interest rates in May with the Federal Reserve leaving [...]
Rates Still in Limbo
Rate Cut Delay After a nice move down in mortgage interest rates to end the month of March 2024, [...]
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 NowHi Friends,Mortgage interest rates continue to be close to historically low levels, helped by the continuing [...]
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 LowsHi Friends,Mortgage interest rates have continued to rise since my last update. Many of you [...]
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 RatesMortgage interest rates continue to be near the all-time low levels we have continued to experience [...]
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 LowThis week, mortgage rates for conforming, single-unit, residential properties have come back down to the lowest [...]
Mortgage Broker vs. Mortgage Consultant: What’s the Difference?
Mortgage Lending RolesMortgage lending has its own vocabulary that can be confusing for buyers, especially first time home buyers researching [...]
COVID-19 and Mortgage Loans
Link Between COVID-19 & Mortgage LoansAs the COVID-19 shelter-in-place directive is impacting all areas in our society and the global [...]
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 industry. We're [...]
Vic Joshi Top Producer Awards
Top Producer Awards for 2019 & 2020!During my years as a mortgage consultant with C2 Financial, I beat a personal [...]
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 CasesI recently closed a very difficult transaction that, if any number of lenders had applied [...]
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 CutThe Federal Reserve did cut their [...]
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 LoansA lot of people ask us why they should bother with using a real estate broker as opposed [...]
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 [...]
