ARCHIVED BLOG POSTS
2018
Be A.G.G.R.E.S.S.I.V.E. with a 5% Down Jumbo Mortgage I never so much as played a single down of varsity football, but that didn't help me escape the Friday night lights, the pep rallies and late-game chants of the Tigerettes: Be aggressive! B.E. aggressive! B.E. A.G.G. --- R.E.S.S.I.V.E! Yes, ...
03/29/2018
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Lock Watch for the Week of 3/26/2018 Volatility-O-Meter:Very high. Short week, GDP, trade war, auctions, locusts... Economicalendar (all times are Pacific):Mon, 3/26: Dallas Fed Mfg Survey (7:30am). 2-Yr Note Auction (10am).Tues, 3/27: Consumer Confidence and Richmond Fed Mfg Index (...
03/26/2018
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Paying Your Marin County Property Tax Bill As I write this in March of 2018, my very own Marin County property tax bills sit alongside my computer on my desk, awaiting payment of their second installment. No doubt with the same procrastination exhibited by most fellow Marin County property owner...
03/20/2018
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Lock Watch for the Week of 3/19/2018 Volatility-O-Meter: Mid-to-high. Fed meeting this week, but universal expectation of .25% rate increase). Not a whole lot of reports otherwise, but Washington chaos is always possible as well. Economicalendar (all times are Pacific):Mon, 3/19: Quiet.T...
03/19/2018
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1031 Exchange Jumbo Mortgage If, indeed, there are two certainties in life, death and taxes, then real estate investors just might have found their Juan Ponce de Leon in the 1031 exchange, which allows them to defer capital gains taxes on the sale of a rental property so long as they reinvest the...
03/16/2018
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Lock Watch for the Week of 3/12/2018 Volatility-O-Meter: High. A lot of reports this week and all against an ever-changing political situation. Economicalendar (all times are Pacific):Mon, 3/12: 3-Year Note Auction (8:30am), 10-Year Note Auction (10am).Tues, 3/13: Consumer Price In...
03/12/2018
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How High Can You Get with 10% Down? First and foremost, let me declare emphatically that I would pass any drug test at any time. You show up at Casa Spinosa at 4am in the morning, drag me out into your unmarked van, make me tinkle in a cup and take a lock of my graying hair, and you're still not...
03/08/2018
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Lock Watch for the Week of 3/5/2018 Volatility-O-Meter: High. No surprise here. There are enough reports below to make things interesting even if trade wars weren't so easy to win. Economicalendar (all times are Pacific):Mon, 3/5: ISM Non-Mfg Index (7am).Tues, 3/6: Factory Orders...
03/05/2018
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Niche Jumbo Mortgage in California Not all mortgage scenarios in California --- and especially in the high-cost areas we often see in the San Francisco Bay Area, Silicon Valley and in the greater Los Angeles environs --- fit squarely in "the box." "The Box" is the narrow definition of what it ta...
03/02/2018
Rainmaker
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701,172
Rob Spinosa
Mortgage Loan Originator, Marin County
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