by Dan the Man for Mortgages | Aug 29, 2023
Are you drowning in credit card or other consumer debt at high interest rates? Or, do you want cash to remodel your home and increase the value? Solution: BEST HELOC (Home Equity Line Of Credit) loan at much lower rates and possibly deductible on your taxes: 7.49%...
by Dan the Man for Mortgages | Aug 23, 2023
Kickbacks in mortgage lending and real estate occur too often. You may not see it directly in your loan, but many Loan Officers are giving or paying for borrower introductions which COST YOU MONEY. Why can there be as much as 1.50% difference in rate quotes between...
by Dan the Man for Mortgages | Aug 15, 2023
Are you wondering if NOW is a good time to purchase a home, when mortgage rates are so high and there’s limited inventory? Yes, it is, because less people are willing to purchase a home at these rates. But you can refi when rates are lower in the next 1-4 years....
by Dan the Man for Mortgages | Aug 8, 2023
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 Dan the Man for Mortgages | Jul 25, 2023
Watch out, some loan officers will completely take advantage of you to make big money. Problem: Last week a financial advisor asked me to evaluate his client’s cash-out refi. The Veteran borrowers wanted $90,000 cash-out to pay off credit card debt and upgrade...
