by admindan | Apr 17, 2024 | Financial Information, Money Tip
When you contact an “independent” mortgage loan broker, they usually explain they shop many lenders for you, to find the best deal. BUT, DO THEY ACTUALLY SHOP ENOUGH LENDERS AND TRULY PUT YOUR NEEDS AHEAD OF THEIR PROFITS? Possibly, maybe not, due to research by...
by admindan | Apr 9, 2024 | Loan Programs, Money Tip
My clients are saving the most amount of money by getting a 5/1 ARM mortgage loan these days versus a 30- year fixed rate at 7.526% per Google. Loan program details: 20%+ down payment, 740 FICO to $1 million loan amount 5/1 ARM @ 5.375%, no points, 5.427% APR SFD,...
by admindan | Apr 2, 2024 | Uncategorized
Are you wondering if mortgage interest rates are going to come down? We’d all like to know, right? I believe it is highly likely. I have an ARM loan for 7 years. Per US News, 3/1/24 “Mortgage rates are expected to decline later this year as the U.S. economy weakens,...
by admindan | Mar 26, 2024 | Financial Information, Money Tip
Are you interested in learning about the SoCal or Bay area housing market, supply, demand, market changes, interest rates, and more? Solution: Local housing economist Steven Thomas provides a housing report for each Southern California County. It is a statistical...
by admindan | Mar 19, 2024 | Financial Information, Money Tip
Check out this EXPOSE! Borrowers beware when getting mortgage loans from mortgage lenders. Your fees may be higher by as much as 1 point because you DIDN’T shop around or know how to ask for concessions. Per newsletter by industry-leading HousingWire: “Two borrowers...
