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Mortgage and Lending - Guaranteed Rate, Marin County, CA - NMLS: 22343
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Money for Nothing As this was written, we were mere hours from a Federal Open Market Committee (FOMC) decision wherein "the Fed" would raise short-term rates another .25%, and provide some insight into the trajectory of rates into 2019 and beyond.  Barring something unpredictable on the financial...
09/27/2018
Lock Watch for the Week of 9/24/2018 Volatility-O-Meter:Big week of data ahead and auctions, including a Fed decision, which will (with 95% certitude) bring us a rate hike. Economicalendar (all times are Pacific):Mon, 9/24:       2-Yr Note Auction (10am).Tues, 9/25:       Case Shiller Home Price ...
09/24/2018
The Running of the Credit I have never been to Pamplona, Spain, and I've never run with the bulls, but I have known two individuals who did.  One came back with some fascinating stories about the experience and the other one, tragically, did not.  We're not going to dwell on either of them here, ...
09/19/2018
Lock Watch for the Week of 9/17/2018 Volatility-O-Meter:I feel as though something tipped last week.  No matter what the reports showed, the bond market wanted to move higher and rates increased as a result.  It is unclear what will break this trend and certainly this week's news doesn't seem to ...
09/17/2018
Can I Get a Cosigner for a Jumbo Mortgage? Parents have been helping their kids buy homes since, I'd guess, kids have been buying homes, but in today's lending environment, it's important that both borrowers and real estate professionals avail themselves of the most current options, advantages an...
09/13/2018
Lock Watch for the Week of 9/10/2018 Volatility-O-Meter:Key inflation readings on Wednesday and Thursday could make things very interesting. Economicalendar (all times are Pacific):Mon, 9/10:       Quiet.Tues, 9/11:       JOLTS (7am), 3-Yr Note Auction (10am).   Weds, 9/12:     PPI (5:30am),10-Yr...
09/10/2018
Using RSU Income to Qualify for a Jumbo Mortgage Way back in 1997, Jeff Bezos set forth his bold business plan for Amazon, with proviso #9 reading:  "We will hire and retain the best people and we will not pay them with cash."  Wait.  What??? So I guess it's no longer any secret that many technol...
09/06/2018
Lock Watch for the Week of 9/3/2018 Volatility-O-Meter:Short week, but some important reports throughout and an employment focus at the end. Economicalendar (all times are Pacific):Mon, 9/3:       Markets closed.Tues, 9/4:       PMI Mfg Index (6:45am), ISM Mfg Index and Construction Spending (7am...
09/03/2018
Somebody Get Me a Doctor Loan! "Robert Spinosa, the doctor will see you now." "Hello Mr. Spinosa, what brings you in today?  Annual check up?" Well, actually you, Doc.  You're bringing me in today.  I hear you're trying to buy a house. "Uhhh, how did you know?" Maybe it's the aura of the student ...
08/29/2018
Lock Watch for the Week of 8/27/2018 Volatility-O-Meter:We're getting back to business this week with auctions, GDP and enough other reports to keep things interesting. Economicalendar (all times are Pacific):Mon, 8/27:       2-Yr Note Auction (10am). Tues, 8/28:       International  Trade in Goo...
08/27/2018
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RobSpinosa

SVP of Mortgage Lending, Marin County
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