How To Get A Lower Mortgage Rate

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If you are buying a home or thinking about refinancing your current mortgage I’m sure you want the lowest mortgage rate possible without having to pay ridiculously high fees. Wether its a 30-year fixed rate mortgage, a 15-year fixed rate mortgage or even an adjustable rate mortgage you have the opportunity to save thousands of dollars in interest if you … Read more

Refinance Tips To Save You Money

Modern Brown Home

If you are doing a refinance one of your main goals should be to save money. Whether it’s on closing costs and/or obtaining a lower interest rate saving money should be a top priority. Even if you’re doing a cash out loan in which your payment will go higher; there are ways you can save money on your next transaction. … Read more

Government Shutdown

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Should You Be Concerned? A concern is growing among homeowners, homebuyers and realtors – will this current government shutdown prevent borrowers from closing their mortgage on time? The quick answer is not yet. If you are closing in the next week or two you should be fine because your mortgage company has probably already received the 4506-T report back from … Read more

When Not To Do A Refinance

Modern Home

It doesn’t always make sense to refinance your current mortgage and here are some guidelines to follow when making that determination on when not to do a refinance in California. We all want the lowest rate and payment possible but sometimes doing a refinance is not good idea and it’s important to make sure you’re making informed financial decisions – … Read more

Buying Down The Rate

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Buying down the rate in California is when you pay a fee to the mortgage lender for a lower interest rate. The most widely recognized payment is “1 point buy down” which typically reduces the mortgage rate by 0.25% +/- (when compared to a mortgage rate in which you are not buying down the rate). So How Is It Figured … Read more

The Best Mortgage Lenders

Home Owners

So who are the best mortgage lenders for refinancing? To determine that we need to establish what is important to a homeowner when he or she looks to refinance their current mortgage. For some people it’s all about the mortgage rate; for others it’s more about the service and then there are others that want both a great mortgage rate … Read more