Rates Worse Again; Up 0.5% from Trough; What Will Bring Rates Back? FLIPs OK

30 Year Fixed Rate Loan at a Cost of One Point: 4.375%* Rates continue to climb, as economic news continues to come in better than forecasted. Gross Domestic … [Read more...]

Rates Better Today; Using Up Seller Credits for Closing Costs; Rent-Backs

30 Year Fixed Rate Loan at a Cost of One Point: 4.25%* The Irish bailout and other sovereign debt concerns sent rates down a bit. Stocks tanked amid concerns … [Read more...]

Rates Improve Slightly; APR vs. Note Rate; JVM on KQED’s Forum Radio Show

30 Year Fixed Rate Loan at a Cost of One Point: 4.25%* Rates improved somewhat but they still remain much higher than last week's levels. We are all hoping that … [Read more...]

Rates About the Same; 10 Financed Properties Rule

30 Year Fixed Rate Loan at a Cost of One Point: 4.25%* Rates got worse this morning for various reasons, and then got better in late-day trading. The market is … [Read more...]

Rates Improve; 2 – 4 Unit Properties Offer Better Returns Than SFRs

30 Year Fixed Rate Loan at a Cost of One Point: 4.25%* Rates came back somewhat after bond traders figured out they may have over-reacted. The market, however, … [Read more...]

Rates Climb Again; “Large Deposits” – Don’t Show Them, or Explain Them

30 Year Fixed Rate Loan at a Cost of One Point: 4.25%* Rates climbed again, as Retail Sales figures came in much higher than expected. Remember, once again, that … [Read more...]

Rates Hold; Fed’s Effort to Lower Rates Work This Time; Closing Cost Credits

30 Year Fixed Rate Loan at a Cost of One Point: 4.125%* Markets, most title companies and many of our lenders are closed today. But the lenders that are open … [Read more...]

Tuesday Rate Quotes; Rates About the Same from Yesterday/Last Week

30 Year Fixed Rate CONFORMING Loan at a Cost of One Point: 4.0%* *Assumes: 20% Down; Credit Score above 740; Loan Amount Less than $417,000; Owner-Occupied; Single … [Read more...]

Rates Up; World Buried in Debt – Higher Rates Coming

30 Year Fixed Rate Loan at a Cost of One Point: 4.0%* Rates climbed a bit in reaction to the somewhat positive employment news on Friday. Little economic news … [Read more...]

Rates Up; Co-Signing – Risks and Things to Know

30 Year Fixed Rate Loan at a Cost of One Point: 3.875%* Unexpectedly high "job creation" numbers (Non-Farm Payroll Numbers) shocked the market today, and rates … [Read more...]