Mortgage News and Information

Mortgage News

Solar Leases and Refinancing Your Mortgage

TO REFINANCE YOUR MORTGAGE WITH A SOLAR LEASE YOU WILL NEED: 1- General liability insurance from Solar Co 2- Solar Lease signed contract 3- Monthly statement showing payment for Solar Lease 4- Solar panels added to home insurance SOLAR LEASES: Requirements for...

read more

Are Costco Mortgage Rates Better?

Costco is known for their excellent products and prices but what about their new mortgage service? Costco has partnered with several lenders and make use of a real time pricing engine powered by Nylx to deliver real time quotes. The pitch is that the lender fee will...

read more

NEW REFINANCE PROGRAM – HARP

HARP UPDATE Yesterday, the Federal Housing Finance Agency announced enhancements to the Home Affordable Refinance Program (HARP), and extended the program until Dec. 31, 2013. The changes are designed to expand the number of borrowers with little or negative equity...

read more

End of Low Mortgage Rates?

Choicelend.com – Yesterday the 10 yr note closed above its 20 day average for the first time since April 15th, although it is up some this morning it hasn’t been able to push back below its 20 day on the yield chart. The 9 day relative strength index is...

read more

Bearish Euro Economies Good for Mortgage Rates

Choicelend.com – With all the bearish news over the weekend from China to Germany to France to the BRICs to Greece to Spain and here in the US with the Chicago Fed economic index reading negative; the safety moves to US bonds will keep mortgage rates lower. Now...

read more

Mortgage Rates Reaching New Lows

Choicelend.com – The ten year treasury yield reached the low 3’s today pushing mortgage rates to a new low this year. Traders are confused about this market dynamic as the experts were predicting yields in the 4.5% range by this time. Make no mistake, we...

read more

Mortgage Rates Improve over Japan’s Tragedy

Choicelend.com – Mortgage rates improved by investors fleeing to safety. Is it an over-reaction?   It may be, Japan has a great deal of US Treasuries and may need to sell them to raise cash for the re-construction.   It they do rates will go up.   Take this...

read more

Mortgage Rates Improve on Safety Moves

Choicelend.com – The turmoil in the Middle East has driven investors into the safety of US Treasuries improving mortgage rates at least temporarily. If you have been sitting on the sidelines waiting for rates to go down this is your chance. We have been saying...

read more

The Archives

Choicelend.com   12362 Beach Blvd Suite 20, Stanton Ca 90680
NMLS  290928  - DRE  01739645
©2016 Choicelend.com All rights reserved.

footer-logos