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Mortgage and Lending - Guaranteed Rate, Marin County, CA - NMLS: 22343
Lock Watch for the Week of 4/1/2019 Volatility-O-Meter:Full slate of reports this week, capped by employment numbers on Friday.  But the bond market may be poised for a correction and higher rates this week.  Stay on your toes. Economicalendar (all times are Pacific):Mon, 4/1:    Retail Sales (5:...
Getting a Mortgage on a Vacation Condo in Hawaii Now that you've snapped out of your daydreams of swaying palm trees and the enveloping comfort of warm tropical air, you may recall that in a previous blog post I covered the things we need to know when buying a second home in Hawaii, and using a j...
Lock Watch for the Week of 3/25/2019 Volatility-O-Meter:"I don't know where I'm going, but I sure know where I been..."  We are in uncharted waters this week and the Fed's statement last week creates a new backdrop for rates.  There has been much volatility since the statement and I would expect ...
Using a Jumbo Mortgage to Buy a Second Home in Hawaii Who, stateside, doesn't at least want to entertain the idea of calling it a long work week, heading to the airport and then a few hours later touching down on one of the Hawaiian islands?  What if you're on the cusp of that reality and have de...
Lock Watch for the Week of 3/18/2019 Volatility-O-Meter:All eyes on the Fed this week. Economicalendar (all times are Pacific):Mon, 3/18:     Housing Market Index (7am).Tues, 3/19:     Factory Orders (7am).Weds, 3/20:     FOMC Meeting  (11am).Thurs, 3/21:    Jobless Claims and Philadelphia Fed Bu...
What Is an Escrow Account? When renters desire to become home buyers, they quickly learn once in the mortgage process that their single rent payment will morph into "PITI" or "principal, interest, taxes and insurance," or a "total monthly housing payment."  So, yes, there are additional monthly e...
Lock Watch for the Week of 3/11/2019 Volatility-O-Meter:A lot of key reports this week and on the heels of the real dud of a jobs number Friday.  Could this be an inflection point?  We'll see. Oh, and let's not forget auctions too. Economicalendar (all times are Pacific):Mon, 3/11:     Retail Sal...
I Got Another Rate Quote.  Can You Beat It? Talk may be cheap, but money is not.  And you can bet your bottom dollar that most consumers seeking to get a mortgage will shop for the best rate quotes through any number of ways; their local bank, the internet, etc.  We will often get requests to mat...
Lock Watch for the Week of 3/4/2019 Volatility-O-Meter:A healthy slate of reports this week but I'm not sure any of it will break the 15bps range we've held since early January.  Employment situation on Friday warrants the most attention. Economicalendar (all times are Pacific):Mon, 3/4:     Cons...
Will My California Property Taxes Go Up if I Refinance? I would be willing to bet that each year, good financial benefit gets left on the table by those who want to refinance their mortgages but are afraid that by doing so, they may see their California property taxes go up.  Is this concern foun...

Rob Spinosa

SVP of Mortgage Lending, Marin County
Can I Get a Jumbo Loan with 10% Down?

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