Pacific Rim Mortgage and MORE with Jodie V. Tanga

04/04/2023

This is off to her 4th grade big island adventure. It’s all going soooo fast !

06/24/2014

Mortgage Credit Certificate Income Limits Have changed!


https://vimeo.com/99085908?utm_source=email&utm_medium=clip-transcode_complete-finished-20120100&utm_campaign=7701&email_id=Y2xpcF90cmFuc2NvZGVkfGViYWQxYzdlZmYzNDNmMjA5OWZmOGY5YmU4NDkxMDZkMTg0fDc2NTQxOTB8MTQwMzY1MjI3NHw3NzAx

Hey Everyone! It's Jodie Tanga with Pacific Rim Mortgage. Just wanted to give you a quick market update. I wanted to let you know mortgage credit certificate program…

03/19/2014

MARKET RATE ALERT: Rates Rising Due to FED actions.

The Federal Reserve has confirmed that it will taper another $10B. No change in Fed Fund Rate; they have dropped their 6.50% Threshold in the Unemployment rate as a trigger to adjust their Fed Fund Rate.

03/04/2014

VA Loan Limit Increase:
Honolulu 721050
Maui 657800
Kauai 713000

https://www.youtube.com/watch?v=QxGWEFqBjLM&feature=em-uplo

Jodie V. Tanga, Pacific Rim Mortgage weekly mortgage update. summary: VA loan limit increase update, VA project approval update, interest rate update, mosqui...

01/28/2014

RATE WATCH - What's on the agenda for this week?

We have a huge week for economic data with some big time reports that have the gravitas to really cause some swings in pricing.

But the biggest event of the week is clearly Wednesday's FOMC release of their policy statement. In my opinion, they will announce another reduction in the pace of their monthly purchases of Treasuries and MBS. The only question is the amount of the taper.

The bond market will be focusing on their decision on how much (if any) to adjust their rate of monthly Treasury and agency mortgage backed securities. They dropped it from $85 billion down to $75 billion at their last meeting.

01/13/2014

This Week's Mortgage Rate Forecast
Mortgage Rates Forecast: VOLATILE

This week we will see how long we can sustain the current rally and watch mortgage rates and rebate pricing (the cost to obtain a rate or the credit the lender gives you towards your closing costs when selecting a rate) improve. There is a lot of economic data coming out this week that could cause a reversal. Stay Tuned!

01/12/2014

So honored to be recognized by Mortgage Professional America in their annual HOT 100 List! I'm so excited to continue to grow personally and professionally, and am so appreciative of all the amazing family, friends and business relationships that have propelled me forward. I look around and am constantly inspired, and am driven to keep getting better at doing the thing I love to do! Making home ownership dreams a reality - Let's grow together! :) Attack 2014!

http://www.mpamag.com/special-reports/mp-america-hot-100-2014-jodie-tanga-16503.aspx

Hot 100: Jodie Tanga's profile - Mortgage Professional America Magazine

01/11/2014

JOBS REPORT CAUSES RISING INTEREST RATES TO RETREAT:

With only 74K new jobs and the unemployment rate at its lowest since 2008, the December monthly jobs report dumped a steaming pile of caution on the red carpet of economic optimism.

The last couple months have seen a surge of economic optimism. The Federal Reserve decided the economy is strong enough to start tapering its bond purchases. The economy grew at a 4.1 percent annual rate in the third quarter of 2013 and the fourth quarter of 2013 is looking pretty good. The jobs market has been picking up steam, adding an average of more than 200,000 positions over the last four months. The deficit is shrinking rapidly.

Early this morning, the monthly jobs report dumped a steaming pile of caution on the carpet. And while the headline jobless rate fell to 6.7 percent from 7 percent in November, its lowest level since October 2008, there was virtually no good news for the jobs market in this report.

In general, analysts expected that the economy would add somewhere between 200,000 and 250,000 payroll jobs in the month. Instead, BLS reported that the gain was a mere 74,000— the lowest single month total and the worst single-month performance since January 2011.

YOUR MOVE FEDERAL RESERVE CHAIR JANET YELLEN...

http://www.thedailybeast.com/articles/2014/01/10/the-december-jobs-report-is-drunk.html

01/09/2014

A big shout out for the likes, friendships, business and great times we've experienced through the years. We have so much to be thankful for and even more to look forward to! As a small bit of gratitude to all our amazing clients, referral partners and friends, we've randomly selected two Likers that will each receive LION KING the musical TICKETS.

(With their permission, we'll release their names).

THANK YOU! THANK YOU! THANK YOU!

01/08/2014

Insanely cool renovation ideas:

http://www.buzzfeed.com/peggy/insanely-clever-remodeling-ideas-for-your-new-home

Can you get through this post without calling your contractor?

01/07/2014

MARKET RATE UPDATE

End of QE3
QE3, the third round of quantitative easing by the Federal Reserve, has helped to drive mortgage rates lower and keep them there. At the December 2013 FOMC (Federal Open Market Committee) announcement, the Fed announced that they would begin tapering their purchases of bonds that represented QE3. Although no schedule was announced, it is expected that the Fed will continue to reduce their purchases, eventually ending the quantitative easing altogether - likely by the end of the year. This is the largest single factor right now in forecasting that mortgage rates will rise in 2014.

Effect on mortgage rates: This will drive mortgage rates higher

Improving Economy
A lower unemployment rate and improved spending is good for so many reasons - but not good for mortgage rates. A thriving economy will drive inflation and increase in long term rates, like mortgage rates.
Effect on mortgage rates: This will drive mortgage rates higher

So just how high will rates go in 2014? Likely they will stay in the low to mid 5% range. While anyone comparing that to the rates found in the 3% range just a year ago would not be excited, rates in the 5% range are still great rates for buying a home and shouldn't be missed!