Metro Express Mortgage

08/18/2018

Please take a minute to read my summer newsletter.

• The median price for all San Diego County home sales in June 2018 was $585,000. This is a 6.4 percent increase compared to June 2017.

08/14/2017

http://www.sandiegouniontribune.com/business/real-estate/sd-fi-corelogic-20170621-story.html

Lack of homes for sale and slowed construction appear to be major forces in new peaks set over the past months leading into the traditional busy summer season.

05/23/2017

Mortgage rates began the day in decent shape with the average lender roughly unchanged versus yesterday. As the day progressed, bond markets (which dictate rates) weakened. Most lenders were forced to reissue slightly higher rates in the afternoon. Any lenders who didn't raise rates this afternoon will instead have to account for the weakness in tomorrow morning's rate sheets. In other words, some lenders will be offering higher rates tomorrow morning, even if markets don't move at all between now and then.

03/03/2017

California is experiencing greater than national average home value increases making equity an attractive financing option.

Homeowners are opening their favorite piggy bank again — their homes. As home values rise faster than expected, that increased homeowner wealth suddenly seems more enticing. It's showing up in big remodeling growth and higher profits for retailers like...

12/25/2016

07/09/2016

As many of my clients know I was in London the week following the Brexit vote. While the mood was solemn in England, except at Wimbledon where Andy Murray was a ray of sunshine for them, Brexit happened and in the U.S. rates rejoiced. I am back in the states and ready to lock your loan. Call me to assess your current position.

07/09/2016

As many of my clients know I was in London the week following the Brexit vote. While the mood was solemn in England, except at Wimbledon where Andy Murray was a ray of sunshine for them, Brexit happened and in the U.S. rates rejoiced. I am back in the states and ready to lock your loan. Call me to assess your current position.

07/09/2016

Mortgage rates held surprisingly steady despite a strong employment headline. The jobs report came out yesterday showing the creation of almost 100k more jobs than expected. Between this and the Brexit turmoil we would expect movement but the market stayed steady. Rates remain low and re-fis are booming.

03/26/2016

We now have a call button so you can connect directly off our page!

12/16/2015

Please read my December Newsletter for what changed in 2015 and my predictions for 2016.

As the year closes I would like to thank you for your loyalty as a client. After 20 years in the mortgage industry I have successfully worked with hundreds of borrowers. Each time one reaches out, even 10 years later, it feels like an old friend is calling. Life moves quickly with marriages, care…

10/10/2015

Mortgage rates were generally quiet today as bond markets wound down ahead of the 3-day weekend. While stock markets and many businesses will be open as usual on Monday, banks and bond markets will be closed. This means that many mortgage lenders will either be closed, or otherwise simply not making any rate sheet adjustments.