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 is starting to feel a lot like 2020 and 2021 again. Many of the home buyers I have pre-approved for [...]
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 inflation. PCE: Measure of Inflation The Fed’s favorite measure of inflation, Personal Consumption Expenditures (PCE), showed that inflation rose 0.1% [...]
Adjustable Rate Mortgage (ARM) Opportunity
Home Buyer Squeeze Hello friends, Mortgage rates keep rising at a very brisk pace. April 2022 saw mortgage interest rates rise up 2% higher than they were in December of 2021. This quick rise in rates has obvious consequences. [...]
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 high gas prices, the Federal Reserve’s March meeting that resulted in a rate hike, a volatile stock market, faster rising [...]
Rates, Recession, & Refinance Opportunities
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 [...]
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 to help people in need purchase property despite the many obstacles that arise during a real estate transaction. During my [...]
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 easing measures the Federal Reserve implemented at the beginning of the pandemic. These measures included reducing the Fed Funds interest [...]
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 since June of this year. Mortgage rates are still at historically low levels despite the Federal Housing Finance Administration (FHFA) [...]
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 have been experiencing since June of this year. In today’s edition of m,y blog newsletter, I am sharing new and [...]
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 how to get a good mortgage loan. People often ask how to compare mortgage brokers vs. mortgage consultants — what's [...]
