Back from an Amazing SCUBA Trip Hi Friends I’m back from a much-needed break in the action after taking a sabbatical from new business that lasted from April 1 – June 19 of this year. During that time, I [...]
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) [...]
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 [...]
Low Mortgage Rates During Economic Crisis Mortgage interest rates continue to be near the all-time low levels we have been experiencing since June of this year. In the first week of August, rates bottomed out, ending the run on [...]
Rates at 30 Year LowThis week, mortgage rates for conforming, single-unit, residential properties have come back down to the lowest levels in three decades, with some borrowers being able to lock and close 30-year fixed-rate loans at 3% APR with [...]
Link Between COVID-19 & Mortgage LoansAs the COVID-19 shelter-in-place directive is impacting all areas in our society and the global society at large, the effects are being felt in the mortgage markets as well. Mortgage interest rates that fell to [...]
Hi Friends,This is a CRAZY time for everyone and for many reasons, but also especially in the mortgage industry. We're experiencing crazy time mortgage rate lows.I have had over 100 new loan requests in the last two weeks, which is [...]
The Maze of Tough Loan CasesI 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 Mortgage Loans page, [...]
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 [...]
