Wishing you a wonderful Thanksgiving!!
Wishing you a wonderful Thanksgiving!! We have so much to be thankful for this Thanksgiving, including you! How ever you celebrate This thankful day We hope you relax And have time to play With family and friends To help you share The bounty of gratitude For people you care No matter your taste Whether turkeys…
Read More2ND TD with Cash Out/Debt Consolidation solutions for your Primary or Investment Home!
Are Looking for a 2ND TD with Cash Out/Debt Consolidation solutions for your Primary or Investment Home, and Rates keep Rising? Does your First Trust Deed have a great low interest rate and you still need a CASH OUT Loan solution? We deliver 2ND TD Loans of all types. Here are a few more Loan…
Read MoreHonoring those who served!!
Read MoreHigher Rates Due to The Fed, But Not Due to The Fed’s Rate Hike
The Federal Reserve hiked rates by 0.75% this past week and 30yr fixed mortgage rates moved moderately higher. Interestingly enough, those two things are fairly unrelated. The Fed Funds Rate (the thing the Fed “hikes” when you hear about the Fed hiking rates) applies to overnight loans among large financial institutions. It’s important, to be…
Read MorePosted National Average Mortgage Rates
National Average Mortgage Rates Rate Change Points Mortgage News Daily 30 Yr. Fixed 7.29% -0.01 0.00 15 Yr. Fixed 6.75% 0.00 0.00 30 Yr. Jumbo 6.35% 0.00 0.00 Freddie Mac 30 Yr. Fixed 6.95% -0.13 0.80 15 Yr. Fixed 6.29% -0.07 1.20 5/1 ARM 5.95% -0.01 0.20 Mortgage Bankers Assoc. 30 Yr. Fixed 7.06% -0.10…
Read MoreShould I work with a mortgage broker or my local Bank for my new home loan?
Great question! Whether purchasing a home or refinancing one, it is extremely difficult to shop interest rates posted daily by so many lenders. Many of these rates are “Loss Leaders” and reflect loans that only 25% of the applicants may qualify for. Or they are FHA or FNMA weekly “averages” and they do not take…
Read MoreHow to secure a low mortgage rate?
Tips for Securing a Favorable Low Mortgage Rate Maintain Steady Employment: Dan Cassel works closely with clients to understand their employment history and its impact on mortgage eligibility. He helps clients navigate job changes or gaps to minimize any negative effects on their mortgage application. Improve Credit Score: Dan provides personalized advice on improving credit…
Read MoreYes, Mortgage Rates Are Now Over 7%! It is complicated!
It’s no mystery that mortgage rates have been moving relentlessly higher in 2022. But how high is high? That will depend on a number of factors, including: The date and time of day of the quote (things change quickly) The lender in question (different lenders have slightly different pricing and quoting practices) The specifics of…
Read MoreTiming is the most common reason for California Private Money Financing
Timing is the most common reason for California Private Money Financing: -1031 Exchange Deadline -Other Financing Sources fall out at the 11th hour -Bidding War – 30 day all cash escrows -Past Due Ballon payment -Taking Quick advantage of investment opportunity Or Property does not meet Financing guidelines: -SFR, Multifamily, Mixed Use, Commerical, Retail, Light…
Read MoreShould I work with a mortgage broker or my local Bank for my new home loan?
Great question. Whether purchasing a home or refinancing one, it is extremely difficult to shop interest rates posted daily by so many lenders. Many of these rates are “Loss Leaders” and reflect loans that only 25% of the applicants may qualify for. Or they are FHA or FNMA weekly “averages” and they do not take…
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