Tag Archives: Tahoe VA Lender

My Thoughts for the Week of Nov 24, 2014

Happy Thanksgiving, typically a strange week for the bond and stock markets in that there is not a lot of activity or excitement. This year though November as a whole has been pretty quiet. The bond markets and interest rates … Continue reading

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Americans are Going Big with VA Loans

In 2013, U.S. homebuyers using loans backed by the U.S. Department of Veterans Administration (VA) bought the biggest new single-family homes by square feet out of all common loan types for the first time dating back to 1978, according to … Continue reading

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My Thoughts for the Week of July 21, 2014

With growing tension between Putin and the US over the downed Malaysian airliner, increased fighting between Israeli troops and Palestinians, and ongoing instability in Iraq, geopolitical news is controlling the markets right now. There has been a fair share of … Continue reading

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VA IRRRL Streamline Refinance

I just thought i would share some of the details of our VA IRRRL Streamline Refi for Veterans and Active Duty (Interest Rate Reduction Refinance Loan): 620 minimum fico score No appraisal required, AVM will satisfy No Asset Verification No Income … Continue reading

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My Thoughts for the Week of April 14, 2014

Last week was rough for US stocks, which often leads to money moving into bonds. Higher demand for “safe” Treasury bonds means lower yields (rates) for bonds and therefore mortgage rates as well. We’ll take that. Tensions over the issues … Continue reading

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My Thoughts for the Week of March 31, 2014

Today we wrap up the first quarter on 2014 and interest rates are slightly better than when we started off the year. There was a lot of fear in the bond/interest rate area 4 months ago when the Fed began … Continue reading

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My Thoughts for the Week of March 17, 2014

The US 10 Yr Treasury bond is kind of the Vegas odds indicator for world events. As uncertainty and fear over Crimea/Russia grew again last week money moved into Treasury bonds with the yield dropping from 2.80% to 2.64% and … Continue reading

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My Thoughts for the Week of March 10, 2014

Two things caused rates to increase slightly last week; easing tensions in the Ukraine and better than expected Jobs reports for February. At the beginning of last week I recommended my clients to lock their rates. This captured some of … Continue reading

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My Thoughts for the Week of February 24, 2014

We had a pretty uneventful last week with mortgage bonds and rates moving sideways in a fairly tight trading range. Not much scheduled for today but we have the potential for an interesting week ahead of us with some big … Continue reading

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My Thoughts for the Week of February 10, 2014

Before I was even out of bed last Friday I was on my phone checking the January employment report with some trepidation, but it was another solid report for interest rates. The market was expecting around +185k new jobs; the … Continue reading

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