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Mortgage rates began the day Wednesday with promise.  Actually, it was the underlying bond market (which largely dictates mortgage rates) was sending promising signals by apparently building on the bigger improvements seen on Tuesday.  This is exactly what mortgage lenders needed in order to feel comfortable setting rates at even lower levels. Unfortunately, not long after the…

Mortgage rates moved lower today after starting the week by jumping noticeably higher yesterday.  Today’s gains came courtesy of global growth concerns early in the trading session and a strong 10yr Treasury auction during domestic market hours.  This morning’s mortgage rates weren’t too much better than yesterday’s, but several lenders offered mid-day improvements after the Treasury auction. …

Happy Labor Day to the Hardest Working Americans out there…From our great US Factories and Farm workers to our First Responders, to the Police, and the Great Military Protecting us!   Thank you!!!  Go Team USA! Labor Day Holiday – Overview The Lending Team Of Dan Cassel and Trinity Mortgage will be closed on Monday, September 6,…

Dan Cassel and Trinity Mortgage are a Licensed California Mortgage Brokerage team in San Diego, CA that works with both Self Employed and Salaried Borrowers to Fund aggressively priced California Residential and Commercial Real Estate Loans of all types, with “Trusted” Institutional Banks, Mortgage Banks, and “Private Mortgage Funds” thru our proprietary “Lending Platform Technology”. Families-Investors rely…

Mortgage rates drifted lower again today, with the average lender getting back down to the lowest levels since the first week of August.  In a general sense, today’s friendly rate momentum represented follow-through momentum after Fed Chair Powell soothed the market on Friday morning. Both stocks and bonds improved as Powell said that he had been considering tapering…

In general, Mortgage Loans are just not as straightforward as the last 10 years. Since 2009, Dan Cassel and the Trinity Mortgage Broker team have delivered Aggressive CA Residential and Investment Loan Pricing and Loan Solutions to Salaried or Self-Employed Borrowers that the common “Full-Service Mortgage Banks” just typically do not provide. Our loan products…

Mortgage rates recovered and bounced at 6-month lows early last week and moved higher at a faster-than-normal pace through the middle of this week. They’ve been slow to recover, but Friday went a long way toward solidifying the short-term ceiling. Economic data inspired the move on Friday with Consumer Sentiment falling to the lowest levels since 2011,…

Mortgage rates moved slightly lower again today–extending a steady string of improvements that began after last week’s Fed announcement.  The average lender is now able to quote conventional 30yr fixed rates that are at least as low as those seen in the middle of July.  In most cases, today’s offerings are slightly better. The details can vary quite a bit…

“Taper talk” refers to comments, speeches, or official policy communications from the Federal Reserve (aka “the Fed”) that speak to the timing and nature of a reduction in the Fed’s bond buying activities.  Wow!  What a boring and potentially confusing sentence!  Let’s try again… The Fed buys bonds–US Treasuries and mortgage-backed bonds (which, in turn, serve…