by Dan the Man for Mortgages | Oct 10, 2023
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 Dan the Man for Mortgages | Sep 19, 2023
Are you looking for the best mortgage loan to purchase a home for the next 3 to 10 years? Solution: Great ARM (adjustable rate mortgage) options of 3/1, 5/1, 7/1 & 10/1 in Southern California: 20%+ down payment, 740 FICO, $1 million loan amount or less 3/1 ARM @...
by Dan the Man for Mortgages | Jul 11, 2023
Housing affordability is very challenging right now, when looking at mortgage rates, home prices and income levels. Good news! A July 9th housing report by Morningstar predicts mortgage rates will average 5% in 2024 and 4% in 2025. “The Fed has engineered a massive...
by Dan the Man for Mortgages | Jun 27, 2023
Are you wondering why mortgage rates are so high? Do you want to know how long this high rate environment will last? Me too! I’ve been working directly in areas of mortgage interest rates, forecasting, hedging and securitization for 35+ years. I’ve learned a lot,...
by Dan the Man for Mortgages | Jun 6, 2023
Are you waiting to purchase a home because mortgage interest rates are so high? Most buyers are waiting for rates to drop lower. BUT, consider this, when rates decrease to more reasonable levels, many more buyers will be shopping and submitting offers to purchase...
