Call or Text: (800) 900-8569
Email Us: alex@gustancho.com
BREAKING NEWS: Stocks Recover After 3000 Point Drop On Monday But Mortgage Rates Up This breaking news article on Stocks Recover After 3000 Point Drop On Monday But Mortgage Rates Up was PUBLISHED On March 17th, 2020 The Dow Jones plummeted nearly 3,000 points yesterday after the Fed cut rates on Sunday. The emergency rate…
This BREAKING NEWS On Why Lenders Increasing Rates When Mortgage Rates Are At Historic Lows Was PUBLISHED On March 11th, 2020 BREAKING NEWS: Why Are Lenders Increasing Rates When Mortgage Rates Are At Historic Lows? The coronavirus outbreak has shaken the financial markets The coronavirus was first reported in December 2019 in Wuhan China The…
This BLOG On Mortgage Rates Increase And How It Affects The Housing Markets Was UPDATED And PUBLISHED On February 29th, 2020 Are Days Of Low Mortgage Rates Over Mortgage Rates Increase Again After the election of President Donald J. Trump, the economy has been booming like never before in history. Unemployment rates are an all…
This article on FHA Versus Conforming Mortgage Rates On Purchases And Refinances There two types of home loan programs: Government Loans Conventional Loans There are three types of government loans: FHA Home Loans VA Loans USDA Loans Conventional Loans are often called conforming loans. The reason being so is conventional loans need to conform to…
This article is about the producer price index drop signals lower mortgage rates. BREAKING NEWS on the producer price index drop signals lower mortgage rates in the coming months: After news that producer price index unexpectedly rose in August 2019, breaking news hit the wire in September 2019 that the producer price index (PPI) dropped…
This ARTICLE On Mortgage Rates Jump As Retail Sales Beat Expectations And Trade Tensions Ease Was PUBLISHED On September 3rd, 2019 Mortgage Rates Jump As Retail Sales Beat Expectations U.S. retail sales beat expectations in June, July, and August Other factors for Mortgage Rates Jump is due to the news of trade tensions easing Retail…
This Article On Locking Mortgage Rates During Mortgage Process Was PUBLISHED On July 22nd, 2019 Gustan Cho Associates at NEXA Mortgage, LLC offer highly competitive interest rates on their mortgage products. Many clients are confused during the mortgage process Many are unclear in Locking Mortgage Rates During Mortgage Process Locking Mortgage Rates is different for each…
This Article Is About Conventional Mortgage Rates Drop To A 24 Month Low Conventional Mortgage Rates hit a 24 month low. The Federal Reserve Board has announced they will not be increasing interest rates for the remaining year of 2019 Mortgage Rates have been dropping since January 2019 and has recently hit a 24 month…
This BLOG On Mortgage Rates Have Recently Been Dropping Was UPDATED On June 21st, 2019 30 year fixed FHA mortgage rates have been as low as 4.25% and 30-year fixed Conventional mortgage rates have been as low as 4.5% earlier this year. FHA mortgage rates have spiked up to the upper 4.0% Conventional mortgage rates have…
This article on Is Refinance Boom Over For Homeowners Due To Mortgage Rates Many homeowners still have higher mortgage rates and have been waiting to refinance their mortgage loans hoping that the mortgage rates will drop below the 4.0% mark. Others still have mortgage loan balances that are higher than the value of their homes…
This BLOG On Mortgage Rates Hit 13 Month Low And FEDS Leave Rates Unchanged Was PUBLISHED On March 21st, 2019 Mortgage Rates Hit 13 Month Low at 4.25% for prime borrowers. This is good news for home buyers and homeowners watching rates Mortgage Rates hit an all-time high since the 2008 Great Recession last year…
Mortgage Rates Due To Feds Unchanging Rates For 1st Quarter 2019 Was PUBLISHED On January 31st, 2019 Many were pleasantly surprised yesterday when Federal Reserve Chairman Jerome Powell announced the FEDS are not increasing rates for first quarter 2019. The stock market went up almost 500 points on this news It brought major smiles to…
This BLOG On Are Mortgage Rates Heading Higher With Dow Soaring Was PUBLISHED On January 4th, 2019 The economy is hot. So is the housing markets. Both HUD and FHFA has increased loan limits for three years in a row due to rising housing prices. Mortgage Rates Heading Higher with Dow Soaring has not put…
This BLOG On Mortgage Rates Rise For 7 Continuous Weeks With No Sign Of Drop Was UPDATED On December 30th, 2018 Mortgage rates rise again for 7 consecutive weeks and there is no sign of turning backs. Mortgage rates hit record lows in April and it started to take off. Common sense dictates if mortgage rates…
This article is about How To Get Lowest Mortgage Rates On Home Loans And What Are LLPA INTRODUCTION OF HOW TO GET LOWEST MORTGAGE RATES HOME LOANS Mortgage loan officers who have been in the business for several years will tell you the number one question they hear is, “What are your rates today?” And…
This BLOG On Tips In Getting Lowest Mortgage Rates Florida Was UPDATED On December 10th, 2018 Borrowers who are thinking of getting a mortgage with lowest mortgage rates Florida should optimize their credit scores before applying. Majority of mortgage companies that advertise on television, radio, or newspaper often lure potential borrowers with claiming they have the best…
This BLOG On Will Mortgage Rates Rise Or Will There Be A Correction In 2018 Was UPDATED On October 29th, 2018 Will Mortgage Rates Rise Or Will There Be A Correction In 2018? With the election of President Donald J. Trump, the economy seems to be in high gear with no signs of a slowdown Housing…
This BLOG On Housing Numbers Increase Despite Higher Mortgage Rates Was Written By Ron Granado Contributing Editor For Gustan Cho Associates The housing numbers for December 2017 were a 14.5% improvement month over month from November 2016 according to the National Association of Realtors. This is the largest jump in one month since they began recording…
This ARTICLE On News Of Strong Dollar Pushes Mortgage Rates Lower Was PUBLISHED On April 11th, 2018 Economic News Of Strong Dollar Pushes Mortgage Rates Lower: Mortgage rates have been all over the map since the start of 2018 However, overall, mortgage rates have continued to drop and are now at a 24 month low…
Changing Lenders After Locking Rates: What You Need to Know in 2024 Locking in a mortgage rate is a critical step for any homebuyer. Once your rate is locked, you’re often left wondering if you’ve made the right choice. But what happens if you find a better rate or your experience with your lender isn’t…
Jumbo Mortgages are home mortgage loans that are higher than the conforming loan limit. The conforming loan limit for 2024 is $766,550. Conforming mortgage loans are mortgage loans that conform to Fannie Mae and Freddie Mac Guidelines. Fannie Mae and Freddie Mac have caps on conforming loan limits. Every year, the Federal Housing Finance Agency…
CALL NOW