Security InterBank Mortgage - NMLS# 1249428

03/29/2023

Mortgage rates stabilize and equity markets calmer after last week's bank fears dominated the news and the markets......

The January YOY metro city index from Case Shiller showed a gain of 2.5% which matched expectations but was almost half of the annual pace in December of 4.6%. The January...

03/14/2023

1 in 4 Americans want to move to California!

We polled 1,000 Americans on how they moved, how much their move cost (and if it surprised them), and their regrets about moving.

12/16/2022

This was a "slap of reality" to Wall Street as they had anticipated the Feds to give dovish commentary after the latest interest rate raise. Instead hawkish commentary that the Fed, and now central banks around the world, will continue on the march to higher rates....

Since Wednesday when chairman Powell doused market beliefs the Fed would become more dovish toward fighting inflation...

12/05/2022

New loan limits for Fannie Mae & Freddie are increased for 2023. The new limit for Los Angeles County is $1,089,300 & San Diego County will be $977,500! Call or email to see how this may benefti you or someone you know that is looking to buy but doesn't have a "big" downpayment!

Big price tags come with big down payments. Or so we have come to understand with conventional financing. But for the higher-end buyer, that may be changing...

10/25/2022

When consumer confidence dips, mortgage rates dip. Rates were at 7% last week dipping to 6.75% this week.

August FHFA Housing Price Index showed a steep decline in prices on a MOM basis of -0.7% which was more than double expectations of...

08/04/2022

The time is now!

3 reasons to buy a home now

07/22/2022

Rate acceleration slowing down?

A major change in sentiment yesterday and so far, this morning. Yesterday kind of out of the blue the 10 yr. note rate declined 15 bps and at 8:30 am ET this morning down another 6 bps, that is...

06/22/2022

Open house this Saturday. UTC

3 bedroom 2 1/2 bath townhome. Feels like a single family home in a cul de sac with open space behind you. There is a 2 car garage and driveway parking. Use the 3 community pools, two tennis courts and the clubhouse. This home is a short walk to public transit and the Westfield Shopping Mall. There....

05/31/2022

These are the three areas that have the greatest ability to impact rates this week. 1) The Fed, 2) Jobs and 3) ISMs...

04/19/2022

March Housing Starts increased to 1.793M vs. est. of 1.745M. Same story with Building Permits, coming in at 1.873M vs. est. of 1.825M...

04/08/2022

30 Year Fixed Rate to 4.875% ....... Consolidate and/or do imporvements before the rate hits 6.00%?

Video - April 6, 2022