Rates May Decline Further

Q: I’m waiting for the lower rates closer to 3% that were predicted when the pandemic started. What’s the real story on rates? Can I get 3% or LESS? Where are rates going? A: YES! You can get 3% or LESS. Call me to discuss all of your options.  However, if...

Mortgage Rate Drop You Have Waited For

Q: I have been waiting for refinance my $550,000.00 loan that is currently at 3.75%. I keep seeing lower rates advertised but they do not apply to loans over $510,400.00. When will these “high balance” conforming loans offer lower rates? What are my current options?...

A No Cost Savings Is Always Good

Call if your rate is over 3.125% Q: My family member is in a related business to yours and commented that it might not be worthwhile to refinance our $400,000.00 (currently at 3.875%) because we have had the loan for 18 months and should not go back to 30 years. What...

New Lows in Rates

NEW LOWS IN RATES — FREE RATE REDUCTIONS.– AND 29 YEAR SPECIAL! Q: I have been waiting for refinance my $550,000.00 loan that is currently at 3.75%. I keep seeing lower rates advertised but they do not apply to loans over $510,400.00. When will these “high...

The Truth About No-cost Loans

What IS The Truth About No-cost Loans? How Do They Really Work? Jumbo Rates? Q: Last week I read an article that sounded critical of your no-cost loans. He said that the borrower pays hidden fees for a “no-cost” loan. What is really true about “no-cost” loans? A: I...

Fed Drops Rates Again

Santa Cruz Sentinel – 09/22/2019 Q: Last week you were talking about rates going up, but I saw where the Federal Reserve just dropped rates again. Shouldn’t that give us the lowest rates in the last few years? A: The GOOD NEWS for mortgage borrowers is that...