Predicting Future Mortgage Interest Rates – A Fools Errand

    Countless articles have headlined the almost certain increase in home mortgage interest rates that would follow the increase in the Fed Funds Rate. The increase has come from the Fed, but mortgage interest rates have actually fallen. How can that be, and what does it portend for the future. Very generally speaking, a…

Major Banks Making Jumbo Mortgages Easier to Get

In Los Angeles County, a jumbo mortgage is any loan above $625,000. While conforming mortgages, or those under $625,000 in LA County are commonly easier to get and at lower interest rates than jumbo loans, that is not the case in the Summer of 2015. In fact, major US banks have just announced that they…