STUDENT LOAN DEBT AND MORTGAGES

Student loan debt and mortgages, how does one affect the other?  According to USA Today the national student loan debt was $1.2 Trillion in April of 2015.  How does that make you feel?  Let’s face it, our parents are great, but we don’t want to live with them forever.  There’s something about striking out on your…

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MORTGAGE RATE UPDATE

If you signed up for my mortgage rate update service you would have known right off the bat that it was time to lock your interest rate this morning.  That’s assuming that we didn’t already lock the rate last week.  There’s been too many outside factors influencing our mortgage rate market lately, namely Greece.  Now how…

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REVERSE MORTGAGE QUALIFYING-HECM LOAN

Did you know that FHA is now requiring borrower’s to qualify for HECM reverse mortgages?  Take a look for yourself, they’re really digging into your personal finances with the reverse mortgage product.  Here are a few things to take away from this new income worksheet. 1.  They’re not only looking at your ability to pay…

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Clients are asking where mortgage rates are headed

Well, that’s the million dollar question  isn’t it?  The mortgage bond market worsened by over 160 basis points, that’s a huge loss and it will take a lot to recover.  What we typically see when rates shoot up like they did is the market calming down over the next week and mortgage rates will correct…

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Market Analysis, Q1 GDP news!

Daily Market Analysis Q1 GDP preliminary data at 8:30 was about where most were expecting, down 0.7% frm the advance at +0.2%. The initial market reaction didn’t move much, the 10 was already at 2.12% prior to the release MBS prices also saw no reaction, up 5 bps prior to the release and up 5…

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Mortgage Rate Report-Lock Em Up

Rates At a Glance Mortgage Rates Currently Trending Today’s Mortgage Rate Forecast Today’s Potential Rate Volatility Neutral Neutral High (by Sigma Research) Today’s Mortgage Rate Summary How Rates Move: Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real time, all day…

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Mortgage Rate Report 05-26-15

Rates At a Glance Mortgage Rates Currently Trending Today’s Mortgage Rate Forecast Today’s Potential Rate Volatility NEUTRAL NEUTRAL HIGH (by Sigma Research) Today’s Mortgage Rate Summary How Rates Move: Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real time, all day…

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Market Update 05-19-15

Daily Market Analysis Finally…a solid April economic report. April housing starts expected to be up 10% were up 20%, permits expected to be up 2.9% were up 10%. Starts in March revised from 926K to 944K; permits in March were revised to 1.038 mil from 1.039 mil. This report is the best data we have…

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Rates most likely headed higher/Lock and Load those prices

Rates At a Glance Mortgage Rates Currently Trending Today’s Mortgage Rate Forecast Today’s Potential Rate Volatility Neutral HIGHER HIGH (by Sigma Research) Today’s Mortgage Rate Summary How Rates Move: Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real time, all day…

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About Us

Thanks for visiting North Bay Capital. Local expertise and broad real estate experience will benefit you whether you are serious about buying or selling a home at this time, or are a returning client checking out the many homeowner resources offered here.

Please consider this website as your online source for mortgage, real estate, and local community information. Be sure to return often for the latest property listing updates. READ MORE

North Bay Capital

(707) 583-3666
2974 Night Song Way
Castle Rock, CO 80109

 

Company NMLS ID 1279902
Individual NMLS ID 278103
Company CA DRE 01970612
Individual CA DRE 01855372

This material is not provided by, nor was it approved by the Department of Housing & Urban Development (HUD) or by the Federal Housing Administration (FHA).
Loans made or arranged pursuant to CA Bur of Real Estate – Real Estate Broker – Broker#1279902. California Bureau of Real Estate (877-373-4542). NMLS #1279902