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Rate Update: Mortgage Rates, Spooked By Taper Talk (Over) reaction?
Mortgage rates began the day in line with yesterday’s levels, for the most part after Bonds began to deteriorate modestly after a earlier scheduled Treasury auction. These types of auctions can add clarity to the “demand” side of the supply/demand equation, thus causing a bit of bond market movement at times. The bigger impact followed the release of…
Read MoreQ1 and Q2 2021 Most requested Residential and Investment Loan Products:
Hi Balance Home Loans 12 or 24 Mo Bank Statement Home Loans Jumbo Home Loans Conventional Home Loans Rental Home Loans DSCR Loans for Investments Non-QM Jumbo Loans Cash out Loans!! Piggyback Loans!! Private Money Loans Commercial Bridge-Cash-Out Loans Fix and Flip Loans-coming back! Owner or Spec Construction Loans For a Free Secure Loan Analysis…
Read MoreRates Remain Resilient this week After Inflation Scare
The 70’s and 80’s brought unforgettable economic lessons about inflation. Since then, certain market participants have been watching inflation like hawks, even when they didn’t need to. After the start of the pandemic, the massive amount of fiscal stimulus (covid relief bill) and monetary accommodation from the Fed (bond buying and rate cuts) had inflation hawks on high…
Read MoreRental Loans and ways to Qualify in 2025
Our Residential Rental Home Loan Funds are from Solid “Institutional” Banks, or “Mortgage Funds”. These sources Fund One Rental property or a Portfolio of Rental Properties. Dan Cassel and the Trinity Mortgage Loan Team in San Diego understand this market and we have provided our Borrowers a reliable source for Investment Home Financing since 2009,…
Read MoreHappy Mother’s Day Message to Friends and Family!!
“Our Warm wishes on Mother’s Day to all my family and friends. Let us do our little bit to make our moms feel special because they are truly special.” “We may not tell them how much we love them. We may not tell them how much they mean to you. Let us do it on…
Read MoreMoment of Truth For Rates and Housing
Last week’s 6.4% reading on Q1 GDP reinforced the notion of a strong economic recovery. In turn, the recovery helps to justify the sharp move higher in rates seen during the same 3 months. Rates managed to recover quite a bit in April, but ended up rising slightly this week, by some measures. Is the intermission over?…
Read MoreWhat is a “Cash Out” Home Refinance Loan?
What is a “Cash Out” Home Refinance Loan? This is a process where Dan Cassel and the Trinity Mortgage Broker team refinance your existing California Real Estate Loan with a New Home Loan for more than you currently owe on your house. It presumes you have equity built up in your California home. The spread…
Read More2021 Non-QM Loan details for Dan Cassel and Trinity Mortgage – Bank Statement Loans
Dan Cassel and Trinity Mortgage in San Diego, CA. have offered reliable California Real Estate Loans from our Aggressive Loan Networks, where Banks have competed for our Borrowers daily loan Business since 2009! We Provide Residential and Investment Loans for both Salaried and Self Employed Borrowers and somewhere in between! Purchases, Refi’s, and Cash Out!…
Read MoreMortgage Rates Lowest in Nearly a Month
Mortgage Rates had another decent day on Thursday with the average lender offering modestly better terms compared to yesterday. Improvements continue to arrive in fairly small doses, but they’ve been adding up. You’d have to go back nearly a month to March 12th to see anything definitively lower (although it’s worth noting that today’s rates are also…
Read MoreAnother Tentatively Decent Day For Rates
Mortgage Rates have been doing pretty well so far in April. They bounced at long-term highs on March 31st (matching the highs from 2 weeks prior), but have been descending gently since then. Today’s move was definitely modest. The average borrower wouldn’t see much of a difference–if any–versus yesterday’s rate offerings. But given the rising rate reality…
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