Refinance

Rate Drop Has Begun!!

By |2024-09-05T03:32:34+00:00September 5, 2024|Closing Costs, Home Purchase, Mortgage Loans, Mortgage Rates, Refinance|

Lowest Levels Since March 2023 On August 2nd we saw mortgage rates fall to their lowest levels since March of 2023, very close to 6% APR for 30 Year Fixed. My phone and e-mail have been inundated since then [...]

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New HELOC for Uni Hills—FINALLY!

By |2024-04-10T23:18:58+00:00April 10, 2024|Mortgage Loans, Mortgage Rates, Refinance|

Fed Still Holding the Line No surprises were coming out of the most recent two-day Federal Reserve Open Market Committee Meeting (FOMC) that concluded on March 20th, 2024. The Fed kept the status quo and refrained from cutting their [...]

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Inflation — Killer of Mortgage Rates

By |2024-03-20T18:33:32+00:00March 20, 2024|Mortgage Loans, Mortgage Rates, Refinance|

Inflation Stubbornly High Mortgage rates continue to remain stubbornly high due to the worse-than-expected inflation readings in February. The average 30-year Fixed interest rates fell close to 6% APR for zero points right around Christmas of last year. That [...]

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Still Waiting for the Mortgage Market

By |2023-05-28T11:20:45+00:00May 28, 2023|Home Purchase, Mortgage Loans, Mortgage Rates, Refinance, Vic Joshi|

Still Waiting Mortgage interest rates have yet to make a significant move lower because the inflation numbers haven’t decreased enough to create more demand in the bond market. I had been hoping for rates to improve after the 5/10/23 [...]

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Window of Opportunity to Buy or Refinance Now

By |2023-01-23T09:56:49+00:00January 23, 2023|Home Purchase, Mortgage Loans, Mortgage Rates, Refinance|

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% [...]

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Adjustable Rate Mortgage (ARM) Opportunity

By |2022-05-07T15:59:14+00:00May 7, 2022|Mortgage Loans, Mortgage Rates, Refinance|

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. [...]

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Hold On for a Bumpy Ride

By |2022-03-23T01:05:02+00:00March 23, 2022|Mortgage Loans, Mortgage Rates, Refinance|

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 [...]

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Rates, Recession, & Refinance Opportunities

By |2022-02-21T23:20:00+00:00February 21, 2022|Mortgage Loans, Mortgage Rates, Refinance|

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 [...]

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What Goes Down Must Come Up

By |2025-01-04T05:26:38+00:00December 26, 2021|Mortgage Rates, Refinance|

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 [...]

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Last Chance to Refinance?

By |2024-10-24T06:08:36+00:00August 26, 2021|Mortgage Loans, Mortgage Rates, 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 [...]

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