Search results

  1. N

    Will mortgage rates continue to drop?

    For conventional loan I can do 3.49% with a true no closing cost loan. 3.375% is with no lender closing cost. Just third party closing of approx. $2,300.00 for title/settlement/recording... Tony Nguyen  | NMLS#93776 Vision Quest Lending  | 2860 Michelle Drive, Suite 140, Irvine, CA 92606...
  2. N

    Will mortgage rates continue to drop?

    Many analysts think so. Many factors are leading to a low rate environment. If we don?t see lower rate in September, we?ll likely see rates about as low as in August. Rate-suppressing factors include: Trade wars: President Trump is proposing new tariffs on $300 billion worth of Chinese goods...
  3. N

    How important is owner occupancy rate?

    The Watermarke condo off Jamboree has over 60% rental occupancy rate so most lender will not want to lend in this project.  I ran across this back in April of this year for my buyer.  If you need help getting loan approval for a condo that is running into occupancy ratio issue, I can help. ...
  4. N

    Mortgage News

    Mortgage rates have been dropping fiercely, so many rate shoppers assume they can?t go any lower. The U.S. economy is in uncharted territory, the conditions of which could spell the lowest mortgage rates ever. The spread between two key interest rates inverted Wednesday, August 14, 2019. Here?s...
  5. N

    Mortgage Rates Update

    Mortgage rates are improving on lackluster job creation in May. Just 138,000 jobs were added, which sounds decent until you hear that one hundred eighty-five thousand were expected. It casts doubt on the notion that the economy is doing as well as everyone thought. This is helping mortgage...
  6. N

    Mortgage Rates Update

    Mortgage rates are improving on lackluster job creation in May. Just 138,000 jobs were added, which sounds decent until you hear that one hundred eighty-five thousand were expected. It casts doubt on the notion that the economy is doing as well as everyone thought. This is helping mortgage...
  7. N

    Mortgage rates are benefitting today

    Poor economic news is piling up this week, and mortgage rates are benefitting. Thus far into 2017, the economy seemed to be on a real tear. The stock market was rallying and economic indicators were positive. This week, a report was released showing new home construction has stalled, at least...
  8. N

    Mortgage rates are benefitting today

    Poor economic news is piling up this week, and mortgage rates are benefitting. Thus far into 2017, the economy seemed to be on a real tear. The stock market was rallying and economic indicators were positive. This week, a report was released showing new home construction has stalled, at least...
  9. N

    Mortgage Rates Falling After FOMC Meeting Today.

    Mortgage Rates Falling After FOMC Meeting Today. The Federal Reserve did not raise the Fed Funds Rate at its July 2016 meeting. After adjourning from a 2-day meeting, the nation's central banker voted to hold the Fed Funds Rate in a target range near 1/4 percent. The vote was near unanimous...
  10. N

    Mortgage News. Brexit

    Brexit profoundly affected the U.S. mortgage rate market. Here?s why: mortgage-backed securities (MBS) are a perceived safe investment. These bonds determine the rise and fall of mortgage rates. Those who manage money -- from institutional investors to private individuals -- want to protect...
  11. N

    Mortgage News

    Yes I have the lowest rates currently than anyone on zillow.
  12. N

    Mortgage News

    Mortgage Rates Falling After FOMC Meeting yesterday. The Federal Reserve did not raise the Fed Funds Rate at its June 2016 meeting. After adjourning from a 2-day meeting, the nation's central banker voted to hold the Fed Funds Rate in a target range near 1/4 percent. The vote was unanimous at...
  13. N

    Mortgage interest rates at a 3 year low? Just refinanced a rental...

    Rates for condo would be a little higher than for SFR. .125% higher for condo.
  14. N

    Mortgage interest rates at a 3 year low? Just refinanced a rental...

    I own a mortgage company in Irvine and we are a Direct Lender.  I would love to help homeowners get into a lower rates before they start going back up. Below are examples of interest rates for conforming loans available today. TRUE NO CLOSING COST LOAN OPTION Based on a $417,000 Loan Balance...
Back
Top