Kevin O'Connor's (rates01) Blog

Follow me
By
Mortgage and Lending - JB Mortgage Capital, Inc. - NMLS# 247447
RECENT BLOG POSTS
0 Comments
Here are my latest updates from around the web. Mortgage rates are starting off the month at great levels for both refinance and purchase transactions. After hitting all-time lows early-mid March, mortgage rates moved higher until mid April when the market started to reverse course.The mortgage i...
05/06/2020
May 2020 mortgage rates are starting off the month near all time lows for both refinance and purchase transactions.Fixed rate mortgages remain more attractive then adjustable rate mortgages for both owner occupied and non-owner occupied transactions.May 2020 Mortgage Rate Expectations:Overall we ...
05/04/2020
If you are in the market to purchase a home then you should adhere to a few important aspects when searching for the right mortgage lender. Perhaps the most important thing is to chose a lender you can trust. One that has a great reputation and a long history of providing great loans to homebuyer...
04/04/2020
Starting off the month of April 2020 mortgage rates are higher when compared to the all time lows achieved during the first week in March. The reasons for this include; too many applications were received, market volatility and Fed action. All three are playing a role in consumer mortgage rates.F...
04/02/2020
The value of residential real estate in the United States post "Great Recession" declined significantly. In fact some reports say 70% of residential properties witnessed a value reduction.Mortgage Insurance and Private Mortgage Insurance:Mortgage Insurance (MI) or traditional Private Mortgage Ins...
03/18/2020
Mortgage rates are near all time lows and one would think applications would be skyrocketing. Well that's not the case according the Mortgage Bankers Association.The Mortgage Market Index came in at 645.5. Last week the reading came in at 689.5 and the previous week it came in at 682.0. It is som...
02/26/2020
1 Comments
We don't ask enough of them. It's honestly the best thing you can do when obtaining a mortgage. Refinance or purchase the number one thing you want to do is ask questions when working with an experienced mortgage professional.What questions should you ask?Great question! Knowing what to ask is an...
02/17/2020
Everyone is asking what will mortgage rates do now that they are at multi-year lows?Odds are they'll move higher from here. Nothing moves in the same direction forever and this is especially true for consumer mortgage rates. I'm not "predicting" a significant move higher nor do I think that a mov...
02/11/2020
We've all heard the the radio advertisements promoting "no cost rates" and most homeowners have wondered; is this really true? And how can blame them, no cost rates seem to good to be true. I'll break down what a no cost rate actually means, how different lenders have different definitions and wh...
01/17/2020
0 Comments
Tomorrow is the beginning of four days of fairly important economic reports and we're getting closer to the signing of the Phase One trade deal with China. For the most part the trade deal is "baked into" the bond markets so consumer mortgage rates should not be significantly impacted as we move ...
01/13/2020
Rainer
34,031

Kevin O'Connor

Helping Homeowners Achieve Their Dreams.
Contact The Author