Arash Gezerseh - NMLS 298574 - Movement Mortgage

09/26/2023

The average lender was already very close to multi-decade highs for 30yr fixed mortgage rates last Thursday afternoon, but a modest recovery on Friday meant that there was a chance we could have avoided printing today's headline this week.  Unfortunately, the bond market started the day...

09/19/2023

The mortgage and real estate markets are more challenging than ever right now. Feedback like this makes it all worth it.

Click to see all 160 reviews of Arash Gezerseh - Movement Mortgage, Loan Officer

03/02/2023

As the saying goes: The beatings will continue until morale improves.

If you want to see higher 30yr fixed mortgage rates, you'd have to go back to November 9th, 2022 after today.  To be fair, that's been true on several occasions recently as rates jumped somewhat abruptly in response to February's economic data. It was economic data yet again tha...

02/14/2023

Before you let the promise of volatility alarm you, keep in mind that it cuts both ways.  In other words, mortgage rate volatility can result in rates moving either generally higher or lower. Tuesday's scheduled release of the Consumer Price Index (CPI) is responsible for the looming vo...

02/01/2023

For some, this will be old hat.  For others, there's a mystifying dynamic that demands explanation.  The confusion stems from years of being conditioned to believe that when the Fed "hikes" or "cuts" rates that mortgage rates move accordingly.  That...

01/19/2023

In a single moment, the fees for a vast majority of new mortgages in the US have changed.  In some cases, the changes are drastic, both for better and worse.  Let's break it down. What do you mean by "fees/costs?"   This refers to Loan Level Price Ad...

12/15/2022

The average conventional 30yr fixed rate is moving into the low 6% range for top tier scenarios. Aggressive lenders are quoting in the high 5's. The last time rates were this low was during the first few days of September.

Mortgage rates are based primarily on the bond market (specifically, mortgage-backed securities or MBS).  When MBS improve, lenders are creating loans that are worth more money and can thus offer them at lower rates.  Supply, demand, etc. Today's rates improved by more than wou...

11/30/2022

Big news....

CONFORMING MORTGAGE LOAN LIMIT IN LOS ANGELES COUNTY INCREASED TO $1,089,300!

Message me to learn more!

11/18/2022

It might not be snowing in LA, but you can still get in the holiday spirit if you know where to head when it gets dark outside!

Including both ticketed events and free neighborhood displays.

10/17/2022

Unsurprisingly, the market remains intently focused on inflation as the key driver of Fed policy and rate volatility. This week, the biggest inflation report combined with more UK market drama to push rates to another 20yr high. The UK doesn't typically factor into our assessment of mar...

09/27/2022

It's been a wild week for mortgage rates.

The most recent historical high water market for mortgage rates was "14 years."  It was broken so many times in September that we officially declared it to be boring last Tuesday.  Now, less than a week later, 14-year highs would be more exciting than boring.  As...

09/03/2022

What KILLS a Pre-Approval?

Check out the full talk with The Realtor Evan at the link below!

Watch:
https://youtu.be/_Lva4usRT7E