Things have been bad for mortgage rates in 2021.  That assertion has nothing to do with the outright level of mortgage rates–indeed, that’s still very low historically–and everything to do with the pace and duration of the rate spike.  Like many things, there comes a certain point at which things have been bad enough for…

Dan Cassel and the Trinity Mortgage Loan team offer Spec Residential- Attached, Detached, Multi-family, Infill, and broken project Construction Financing on Properties located in California. We use both Bank or Non-Bank Construction Loan options and offer “other” Real Estate Investment Loan Solutions like Bridge Loans, Portfolio Restructures, and “Take Out” Financing. Individuals, LLCs, corporations, partnerships, trusts, estates, international investors, Ground-up…

There are a few interesting developments for mortgage rates today–especially considering last week’s striking discrepancy between Freddie’s weekly survey and the reality on the front lines.  Specifically, the Freddie survey finally did a bit more to catch up with reality as it conveyed one the biggest recent jumps to the highest levels reported since early last summer. …

Mortgage rates rose moderately today, depending on the lender.  It’s worth noting that lender pricing is exceptionally widely stratified at the moment.  In other words, some lenders made big moves today while others did not.  Disparity between lenders is nothing new, but the point is that it’s been elevated and persistently volatile.  This began after the pandemic…

Dan Cassel – Trinity Mortgage Broker team provide the reliable one-on-one Mortgage Loan guidance you deserve when it comes to Purchasing or Refinancing Residential and Investment Real Estate in California. Our proprietary Lending Platform Technology allows us to qualify Salaried or Self-Employed Borrowers quickly, while offering the most valuable, aggressive FNMA, Non-QM-Portfolio,  Jumbo Residential and…

Ideally for clients who can fully document their income, but maybe not always with tax returns or conventional documentation. Many of our Refinance loan requests are for Salaried Borrowers, however a fair percentage are also Self-Employed, often as Business Owners, Real Estate Investors, Builders who may need some “Documentation” flexibility! We deliver! They seek to:…

Mortgage rates WISH they were still at 2.97%–the number conveyed today by Freddie Mac’s weekly survey.  Freddie’s data is accurate when it comes to capturing broad trends over time, but can really fall short when the bond market is experiencing elevated volatility. To say that bond market volatility has been elevated recently is an understatement of extreme proportions.  Things…

Are you looking for refinancing loan options on a home in San Diego, Los Angeles or elsewhere in California? Are you aware many Loan Limits have increased? Choosing the correct Refinance Loan Solution and Loan Team that matches your goals for your given scenario, in todays Loan Market Place can be a very confusing process.…

Fri-Volatility has returned to the mortgage market in grand fashion this past week with many lenders quoting rates that are as much as a half of a point higher than they were to begin the week.  That means if you were looking at something in the 2.75% neighborhood last Monday, it could be 3.250% today.  What…

Recovery prospects, renewed focus on stimulus, inflation concerns, a brighter Covid outlook, etc…  All of these are reasons for an ongoing, gradual trend toward higher rates in 2021 (i.e. general bond market weakness) but none of them really explain why the bond market had its worst day in months today specifically.  Still, pundits are pointing to the…