After the sub-prime market crash in 2008, the term “adjustable-rate mortgage” (or just “ARM”) has almost become a curse word in the world of finance. However, experienced mortgage lenders know that it is sometimes a better solution compared to a traditional fixed-rate mortgage. ARMs have made a slight comeback in Continue Reading →
There is an inverted Treasury yield curve that is currently happening because of the China trade war, Fed rate cuts and other unique market factors. It’s an abnormal situation, and it’s one that some people worry is a sign of an impending recession. Yet, how it’s affecting mortgage rates is Continue Reading →
The mortgage industry is always evolving. At Transparent Mortgage, we keep up with the latest trends, ideas and products to best serve our customers throughout San Diego and all of Southern California. We’ll help you review all your options and find the right mortgage solutions for your homeownership situation. The Continue Reading →
Most economic experts predicted that mortgage rates would continue their upward trend in 2018, even though the rates have remained at historic lows. Very recently, they made a big jump as bond yields increased. In fact, interest rates reached the highest level since the end of March. It sure looks Continue Reading →
For many homeowners with adjustable-rate mortgages (ARMs), the fluctuating interest rate will be based on the LIBOR rate. This stands for “London Inter-Bank Offered Rate” and it represents the interest rate at which London banks can borrow money from other banks in a particular currency. LIBOR Effect on Adjustable-Rate Mortgage Continue Reading →
