Fannie Mae and Freddie Mac are the two government sponsored agencies that guarantee timely payment of principal and interest to the investors who front the money that finances the American mortgage market. This guarantee means that more investors are willing to participate and at more advantageous rates for homeowners. Naturally, not every mortgage is repaid perfectly. Sometimes, payments are missed. In…

Yesterday’s policy announcement from the Federal Reserve had a chance to cause significant volatility for the bond market and the bond market is the chief ingredient in the mortgage rate equation.  But this time around, the Fed didn’t cause a measurable reaction in the mortgage market. I’m frequently asked whether mortgage rates are 0% since the Fed just kept…

It’s the end of the week and thus time, once again, for the weekly mortgage rate survey from Freddie Mac.  News organizations and even some bond market strategists (sadly) rely on Freddie’s weekly update for a sense of mortgage rate movement.  That’s why an overwhelming majority of the new mortgage rate articles on any given week come…

Welcome! If you have a pressing Real Estate Loan Product question, seek a Confidential FREE Financing Analysis or seek todays pricing to maybe Lock in a new Loan Rate, you came to the correct place!  To get started please just simply complete this Quick request Form now…. To Phone Dan and the Trinity Mortgage Lending…

Almost everywhere you look, low mortgage rates are in the news.  Experts are claiming they’ll remain low or move lower for years to come.  They might be right!  But that doesn’t necessarily mean you should wait to refinance or to lock your rate if you’re already in the loan process. It is true that mortgage rates improved noticeably earlier this…

Dan’s Portfolio “Less Hassle” Banks Loan Highlights: September 2020 * 85% LTV Primary Purchase loans to 1 Mil using Bank Statements; * 75% LTV Non Owner Purchase Loan to 1 Mil using Bank Statements * 70% LTV Primary Cash Out Refinance loan to 2 Mil, * 65% LTV Non Owner Cash Out Refinance loan to…

Mortgage Rates improved nicely today with the average lender more convincingly back under the 3.0% threshold for conventional 30yr fixed scenarios.  In general, that refers to 740+ credit and 20% equity/down-payment on an owner-occupied single family home with a loan amount at or under the conforming loan limit.  Stray very far from that path and rates can…

Let’s keep this short and simple.  There are some major misconceptions out there today and for many of you, it’s very important to address them.  What are the misconceptions?   Misconception 1: Rates are lower today than they were yesterday This one is very easy to clear up.  It’s a frequent Thursday occurrence, actually.  It stems…

Some mortgage companies have generated buzz by advertising 30 yr fixed rates of 1.99%. While it is possible to obtain such a rate, there is definitely a catch. Rates are certainly low in the big picture.  Up until this week, they were as low as they’ve ever been.  The average lender was easily able to do…

With most lenders still easily able to quote a 30yr fixed under 3%, mortgage rates are very low in outright terms.  But relative to the recent trend and the general level of volatility, today  is still a bit rough.  Rates rose as fast as they’ve risen since early June, ultimately hitting the highest levels in more than 2…