This past week, the Federal Reserve raised the Federal Funds Rate by .75%, the first such hike since 1994. Let’s walk through what the Fed said and how the financial markets reacted. “Clearly, today’s 75 basis point increase is an unusually large one and I do not expect moves of this size to be common,”…

This past week, home loan rates improved to the best levels in a month. The 10-yr Note yield closed beneath 2.80% for two consecutive days for the first time since April 13th. Moves like these begin to suggest that rates may have peaked. The main reason for the decline in rates is due to rising…

We are closed Monday May 30th to honor and remember our Fallen Heroes!!

As you prepare for buying a home in California, it’s important to plan and properly budget for the expenses you’ll encounter when you purchase a home. While most people understand the need to save for a down payment, most homebuyers were surprised by their closing costs. Sellers are less likely to pay or offer Home…

Mortgage rates are coming off their best 2 weeks in quite some time–a feat that sounds more impressive than it is by the time we consider the precursors.  Namely, the improvement in rates was heavily dependent on vastly bigger movement in the stock market.  Stocks and rates don’t always move in unison, but when stocks fall…

A. BORROWER   Borrower does not meet standard guidelines: They phone Dan!   *Resident Alien/Foreign borrower *Vesting – LLC’s, Corporations, Partnerships, Trusts *Income-self-employed,  *Unverifiable income,  *Banks statements ok vs tax returns *Credit – no credit scores, low credit scores, previous BK  *Seeks 1st or 2nd trust deed for 2-5 years, interest only *Short term fix and flip and owns…

Dan Cassel and the Trinity Mortgage Broker team provide the one-on-one guidance you deserve when it comes to Purchasing or Refinancing commercial property. We offer an extensive line of commercial loan solutions to investors, builders, business owners and other borrowers throughout San Diego, Los Angeles, and the surrounding Southern California areas. Our proprietary Lending Platform…

Thursday and Friday weren’t great days for the mortgage market last week.  Rates jumped sharply on Thursday and then drifted just a bit higher on Friday.  By the end of the week, the average lender was yet again quoting the highest rates since 2009 with the most prevalently quoted conventional 30yr fixed rates in the 5.5% range. One business…

Thursday marks the weekly release of the industry’s most widely cited mortgage rate survey.  All manner of news outlets rely on the survey to generate once-a-week stories.  Those have been especially popular recently, but only because bad news sells. The only problem with that news in this case is the fact that it’s no longer accurate. …

Self Employed? – 4 Mortgage Options to get a Mortgage Without Tax Returns? If you are Self-Employed and show significant tax write-offs, you may have been told you don’t qualify for a mortgage. It is extremely common for business owners to take advantage of the write-offs available to them. The only problem is when it’s time…