by admindan | Dec 5, 2023 | Financial Information, Money Tip
Are you wondering about the direction of mortgage interest rates and how they will influence your future home purchase or current home loan? Borrowers are consistently asking about my expectations. I’ve been working in mortgage lending 35+ years. My career was built...
by admindan | Oct 10, 2023 | Financial Information, Money Tip
When you are looking to purchase a home, the standard loan offered has been a 30-year fixed rate. But, the average home buyer doesn’t stay in their loan or home for 30 years, the new average is 7-8 years. Solution: Get an Adjustable Rate Mortgage (ARM) now to purchase...
by admindan | Sep 7, 2023 | Loan Programs, Money Tip
Too many borrowers are going with the wrong lender, wrong loan program and a mortgage rate way too high at 7.625%+. Do you want to save 2% in your rate? Success story details from Pam and Andy loan last week: $1 million home purchase from builder in San Diego 25% down...
by admindan | Aug 8, 2023 | Loan Programs, Money Tip
The mortgage market has gotten crazy lately. The NATIONAL AVERAGE 30-year fixed rate searching through Bloomberg.com was 7.41% yesterday. Don’t pay 1+% too much! Best rate: 30-year fixed rate loan up to conventional conforming limits of $726,200 is 6.25% with no...
by admindan | Mar 28, 2023 | Loan Programs, Money Tip
Are you looking to purchase an investment home and want the BEST rate and lowest DOWN payment of all mortgage loan programs? Mr. C thought it was a good idea. His loan closed 3/14 for a property he found in CA, $600k price, single family, 750 FICO, 6.25% rate, 8.436%...