Interest rates ticked up to the highest level in over two years in response to another increase in consumer prices. Let’s discuss what happened and what to watch for next week. 40-Year High Consumer Inflation Last Thursday, the Bureau of Labor Statistics (BLS) reported the Consumer Price Index (CPI) came in at a scorching 7.5%…

 Loans for Self Employed Borrowers or Borrowers with w’2 and Self Employment income….  Rate and Term Refinance, Primary Home Purchase Loans 85% LTV to 1.5 Million 80% to 2.0 Million Second home & Investment property Mortgage Loans to 75% LTV (Loan to Value) to 2 million+ 30-40 Year Fixed Term Mortgage Loan with I/O Loan Option for…

Rates have been trending higher in fits and starts since August 2020, but the mortgage market was insulated from much of the pain due to its disconnect from Treasuries in 2020 (they typically correlate very well). 2021 saw the correlation return despite a few divergences due to things like mortgage-specific fee changes.  By the end of 2021,…

Mortgage rates moved higher at their fastest pace in several years at the beginning of January.  Even though the volatility died down after the first week, the month ended up matching last February with the average lender moving up at least half a percent on the average 30yr fixed conventional scenario. If we look back to September…

What is a 40-year Fixed Rate Loan with a 10 Year Interest Only Feature Loan? Are you looking to take advantage of today’s Low Interest Rates for longer term? Maybe you seek a lower initial home loan payment after cash out? With Rates on the rise, you are not alone! Our lending products are often…

It’s a tale as old as time for those who closely follow the day to day gyrations in the mortgage market.  Bond volatility forces lenders to raise rates fairly quickly.  Lenders then wait for market gains AND stability before adjusting rates back toward previous levels.  Even then, rates remain slightly higher than the bond market says they…

Dan Cassel works with many Self Employed Borrowers. Besides Real Estate Loans, he also delivers Loans for Pre Owned Equipment, Trucks, and Business improvements. Dan moves very quickly and we have a simple one page application to begin. These loans require speed and reliable money and we deliver! Items needed: Invoice from seller to buyer…

Mortgage rates have been having a bad 2022 so far with the average lender up to the highest levels in roughly 2 years as of yesterday.  The reason? The broader bond market (which dictates interest rates) is in the midst of an adjustment process in response to a shift from the Fed. This adjustment process can be…

Our Residential Investment Rental Loan Products are still from mostly “Institutional” or “Mortgage Banking” Money this month. Dan Cassel and the Trinity Mortgage Broker Team in San Diego have provided our Borrowers a reliable source for Investment Home Financing since 2009, with quite a few Aggressive Loan Solutions for both Salaried and Self-Employed Borrowers.  Many of our…

Monday, January 17, 2022 (Martin Luther King, Jr. Day) is a Federal Holiday. Dan Cassel – Trinity Mortgage will also be closed in Remembrance of Dr. Martin Luther King, Jr.