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Dan Cassel and the Trinity Mortgage Loan team offices will be closed on Monday, September 4th, 2023, in honor of Labor Day. We will be back on Tuesday, September 5th. Wishing everyone a safe and happy holiday! For any urgent matters, please contact your Loan Officer direct, visit www.dansrealestateloans.com or email us anytime at: danc@dansrealestateloans.com 

The role of economic data in determining mortgage rate momentum is hard to overstate these days and today provided another solid example.  This morning, the average mortgage lender was offering rates that were modestly HIGHER compared to yesterday afternoon.  After the data hit, most lenders ended up offering mid-day improvements that brought the average easily…

As the week began, the bond market continued heading toward higher rates at the same pace seen in the previous week.  This made for the highest mortgage rates in more than 2 decades on both Monday and Tuesday (albeit not much higher than those seen in late 2022).  Things calmed down on Wednesday as multiple…

This was supposed to be the week where a key inflation report would cast a vote on the fate of interest rate momentum. The vote was ostensibly friendly, but rates surged higher anyway. What gives?  To continue reading this Mortgage Market Article, please visit  https://lnkd.in/gAcDUu-T To learn more phone Dan Cassel and the Trinity Mortgage Loan…

NEW! LIMITED DOC LOAN PRODUCT Today, Real Estate Loans for Self Employed Borrowers can be tricky. Dan Cassel and his Loan Team from Trinity Mortgage in San Diego have focused on solving these issues since 2009. We are able to offer “Custom” Loan Options and Lite Doc Solutions for Cash Out or the Self-Employed Borrowers that…

If you are a Self-Employed Borrower looking to Buy or Refinance Real Estate in California and show significant tax write-offs, you may have been told you don’t qualify for the mortgage you seek, because it is extremely common for business owners to take advantage of the write-offs available to them and lower taxable income. The…

Almost everyone has said it or heard it: Existing Home Sales are in the toilet because there’s no inventory and there’s no inventory because no one wants to give up their 3% mortgage when rates are 7%. “There are simply not enough homes for sale,” according to NAR Chief Economist Lawrence Yun. To keep reading…

Mortgage rates spiked abruptly last week after several economic reports showed the economy doing better than expected. Now this week, key inflation data showed prices falling faster than expected. Rates responded with a full recovery. If rates could only choose one thing to be afraid of, it would be inflation.  Rates are based on bonds.  Bonds…

Dan Cassel – Trinity Mortgage will be closed on Monday, July 3, 2023 and Tuesday, July 4, 2023 in honor of Independence Day. We will be back Wednesday, July 5, 2023. Have a Great, Safe Family and Friend filled Independence Day!!

Accepted Private Money Assets: Residential & Commercial Properties Other details: Lien Position: 1st and 2nd Who We Lend To: Individuals, Entities, Trusts, Foreign Nationals   Location: Generally California Only -but tell us more! Occupancy: Owner and Non-Owner Occupied Purpose: Business / Commercial Use/ No Construction. Term of Loan: Short Term exit of loans in 2-5…