san diego residential mortgage specialist: Mortgage Rate Update 5-4-12: Trends, Projections & Todays Lowest Rates - 05/04/12 12:01 AM
The market finished stron on Thursday with a net gain of 12 basis points. Below is a free daily report designed to help you understand what specifically is happening with mortgage rates, while providing clarity pertaining to THE TRUTH BEHIND MORTGAGE QUOTES. 

The Mortgage Street Smarts of where mortgage interest rates are going (and why):
The following information is current as of Friday 5-4-2012 and will help you understand todays best mortgage rates. If you are a Buyer/Borrower who is still on the fence (or if you are a Real Estate Agent attempting to educate your "on the fence" Buyer), … (0 comments)

san diego residential mortgage specialist: Mortgage Rate Update 5-3-12: Trends, Projections & Todays Lowest Rates - 05/03/12 12:29 AM
Finally some transparency in the mortgage industry! Be sure to learn THE TRUTH BEHIND MORTGAGE QUOTES before applying for a mortgage anywhere. There is no industry which spends more money on advertising with the direct goal of confusing their end user than the mortgage industry. Below is a daily report aimed at providing market data and predictions.

The Mortgage Street Smarts of where mortgage interest rates are going (and why):
The following information is current as of Thursday 5-3-2012 and will help you understand todays best mortgage rates. If you are a Buyer/Borrower who is still on the fence (or … (0 comments)

san diego residential mortgage specialist: Mortgage Rate Update 5-2-12: Trends, Projections & Todays Lowest Rates - 05/01/12 11:30 PM
Another rough day for mortgage rates on Tuesday. If you are a Real Estate Agent or Borrower, you are encouraged to understand THE TRUTH BEHIND MORTGAGE QUOTES in an effort to both make the best possible decisions, as well as to help put an end to deceptive advertising related to mortgage loans.

The Mortgage Street Smarts of where mortgage interest rates are going (and why):
The following information is current as of Wednesday 5-2-2012 and will help you understand todays best mortgage rates. If you are a Buyer/Borrower who is still on the fence (or if you are a Real … (0 comments)

san diego residential mortgage specialist: Mortgage Rate Update 5-1-12: Trends, Projections & Todays Lowest Rates - 05/01/12 12:13 AM
Do you ever wonder how so many Banks can each claim to have the best mortgage rates on the same day? This is clearly an example of clever advertising designed to lure you in to making unsound buying decisions. Before making a commitment to work with a Bank, Direct Lender, or Mortgage Broker, first read THE TRUTH BEHIND MORTGAGE QUOTES to insure that you are not falling for clever advertising gimmicks when securing your largest debt!

The Mortgage Street Smarts of where mortgage interest rates are going (and why):
The following information is current as of Tuesday 5-1-2012 and will help … (0 comments)

san diego residential mortgage specialist: Mortgage Rate Update 4-30-12: Trends Projections & Todays Lowest Rates - 04/30/12 12:25 AM
Who do you know who is buying a home? Do them a favor and share THE TRUTH BEHIND MORTGAGE QUOTES to insure they make the wisest decisions pertaining to the overall cost of their mortgage: both up front and along the way. Below is a daily report which is intended to provide transparency over what direction mortgage rates are going.

The Mortgage Street Smarts of where mortgage interest rates are going (and why):
The following information is current as of Monday 4-30-2012 and will help you understand todays best mortgage rates. If you are a Buyer/Borrower who is still on … (0 comments)

san diego residential mortgage specialist: How To Purchase A Home With A Reverse Mortgage - 04/28/12 07:05 AM
How to purchase a home with a Reverse Mortgage is a topic that all Real Estate Agents and Financial Planners should become familiar with. As the Baby Boomers continue to mature, this particular strategy will become more popular. Consider the following economic facts to support this claim.
Retiree's are typically on a fixed income (many have no ability and/or desire to re-enter the workplace now that they have retired) Most fixed income methods do not maintain the pace of inflation over time (thus weakening the precious dollars earned each month against their purchasing power) Many Seniors lost a significant portion of … (2 comments)

san diego residential mortgage specialist: How Many Properties Can Be Financed At Once? - 04/27/12 05:14 AM
How many properties can be financed at once nowadays?  There are so many interpretations floating around, that I felt compelled to explain this current underwriting guideline.

There are 3 "occupancy types" to be identified when determining how many properties can be financed at once:
Owner Occupied - The Borrower currently lives in this property (or intends to occupy this property as their primary residence within 60 days) Second Home - The Borrower lives in a different property, but keeps this property as a Second Home (note: when qualifying for this type of occupancy, there are specific income guidelines, along with … (0 comments)

san diego residential mortgage specialist: Mortgage Rate Update 4-27-12: Trends Projections & Todays Lowest Rates - 04/27/12 02:10 AM
Are you currently applying for a mortgage loan and seeking the best mortgage rates? The logical first step in the process is to inform yourself of the facts by reading THE TRUTH BEHIND MORTGAGE QUOTES. Below is a daily market report to help you better understand the direction rates are moving.

The Mortgage Street Smarts of where mortgage interest rates are going (and why):
The following information is current as of Friday 4-27-2012 and will help you understand todays best mortgage rates. If you are a Buyer/Borrower who is still on the fence (or if you are a Real Estate … (0 comments)

san diego residential mortgage specialist: Mortgage Rate Update 4-26-12: Trends Projections & Todays Lowest Rates - 04/26/12 01:37 AM
After a rocky day on Wednesday, the market ended up exactly where it opened. What will rates do moving forward? The article below has been designed to help Consumers not only understand interest rate activity, but also become more aware of THE TRUTH BEHIND MORTGAGE QUOTES to better allow the wisest financial decisions to be made pertaining to your largest monthly expense.

The Mortgage Street Smarts of where mortgage interest rates are going (and why):
The following information is current as of Thursday 4-26-2012 and will help you understand todays best mortgage rates. If you are a Buyer/Borrower who is … (0 comments)

san diego residential mortgage specialist: Mortgage Rate Update 4-25-12: Trends Projections & Todays Lowest Rates - 04/25/12 03:06 AM
Not a good day for mortgage rates yesterday as the market worsened a whopping 27 basis points. Are you presently pursuing a mortgage loan? Would you like to understand THE TRUTH BEHIND MORTGAGE QUOTES before making a financial decision that will effect your family for the next 30 years? See below for a detailed daily report designed to help Consumers just like you make the right choice for your mortgage needs. 

The Mortgage Street Smarts of where mortgage interest rates are going (and why):
The following information is current as of Wednesday 4-25-2012 and will help you understand todays best … (1 comments)

san diego residential mortgage specialist: Mortgage Rate Update 4-24-12: Trends Projections & Todays Lowest Rates - 04/24/12 02:22 AM
Who do you know who is considering a mortgage refinance? Do them a favor and help them learn THE TRUTH BEHIND MORTGAGE QUOTES to insure that they make the smartest decision possible. For more reports like the one below, please visit www.JasonGordon.info

The Mortgage Street Smarts of where mortgage interest rates are going (and why):
The following information is current as of Tuesday 4-24-2012 and will help you understand todays best mortgage rates. If you are a Buyer/Borrower who is still on the fence (or if you are a Real Estate Agent attempting to educate your "on the fence" Buyer), … (0 comments)

san diego residential mortgage specialist: Mortgage Rate Update 4-23-12: Trends Projections & Todays Lowest Rates - 04/23/12 12:10 AM
Another day, another improvement for mortgage rates. If you have not already refinanced your existing mortgage, what exactly are you waiting for? Interest rates historically tend to move up and down on a chart (similar to a heart monitor). By locking in rates now, you will be securing some of the lowest mortgage rates in history.
Before you decide who to work with for your next mortgage, I recommend you take a moment to become familiar with THE TRUTH BEHIND MORTGAGE QUOTES. I hope you find this information useful.

The Mortgage Street Smarts of where mortgage interest rates are going … (0 comments)

san diego residential mortgage specialist: How To Finance Your Closing Costs When Buying A Home - 04/22/12 04:48 AM
How to finance your Closing Costs when buying a home is a question I am constantly asked by Buyers who are seeking to minimize the amount of cash they "come to the table with" when determining their funds to close.  The following information will hopefully help you understand the context of these terms (while perhaps learning how to implement some creative financing along the way).
 
 
The first step in determining how to finance your Closing Costs when buying a home is to understand some basic terminology.  The total money you will "bring in" is referred to as your funds-to-close.  For a detailed … (23 comments)

san diego residential mortgage specialist: How To Calculate FHA Mortgage Payments - 04/20/12 10:25 AM
How to calculate FHA mortgage payments now that the most recent Monthly Mortgage Insurance changes have been implemented.

How to calculate FHA mortgage payments
Step 1: Determine the loan amount
Purchase Price x .965 = Base Loan Amount (assuming the Borrowers opt for the minimum 3.50% down payment) Base Loan Amount x .0175 = Up Front Mortgage Insurance Premium (UFMIP) Base Loan Amount + UFMIP = Final Loan Amount Step 2: Determine the monthly payment
Principal + Interest Payment Calculation Click here to access a free mortgage payment calculator When the new window pops up, click on: The "resources & tools" tab … (6 comments)

san diego residential mortgage specialist: Mortgage Rate Update 4-20-12: Trends Projections & Todays Lowest Rates - 04/20/12 01:46 AM
Who do you know who would like to learn THE TRUTH BEHIND MORTGAGE QUOTES before signing their final loan documents? Remember that knowledge is power and the purpose of these reports is to equip you to make the best possible financial decisions for your family. Mortgage companies and Banks spend millions of dollars each month in an effort to confuse the general public about mortgage rates and closing costs. 

The Mortgage Street Smarts of where mortgage interest rates are going (and why):
The following information is current as of Friday 4-20-2012 and will help you understand todays best mortgage rates. … (0 comments)

san diego residential mortgage specialist: Mortgage Rate Update 4-19-12: Trends Projections & Todays Lowest Rates - 04/19/12 01:04 AM
After a poor start, the market recovered nicely yesterday to finish up 6 basis points. For a full detailed report of the recent history of mortgage rates, along with projections of future interest rate activity, please reference the charts below.
If you are personally seeking a mortgage, I recommend that you do not make a move without first reading about THE TRUTH BEHIND MORTGAGE QUOTES to insure the best financial decisions are being made without the distraction of clever marketing antics.

The Mortgage Street Smarts of where mortgage interest rates are going (and why):
The following information is current as … (0 comments)

san diego residential mortgage specialist: Mortgage Rate Update 4-18-12: Trends Projections & Todays Lowest Rates - 04/17/12 11:31 PM
Wouldn't it be nice if you could get a gimmick-free guide to mortgage rates? Please feel free to share the report below with the people in your life whom you care about. Imagine a world where everyone knew THE TRUTH BEHIND MORTGAGE QUOTES and avoided making costly financial decisions. 

The Mortgage Street Smarts of where mortgage interest rates are going (and why):
The following information is current as of Wednesday 4-18-2012 and will help you understand todays best mortgage rates. If you are a Buyer/Borrower who is still on the fence (or if you are a Real Estate Agent attempting … (0 comments)

san diego residential mortgage specialist: Mortgage Rate Update 4-17-12: Trends Projections & Todays Lowest Rates - 04/17/12 02:57 AM
We began the week with a fairly uneventful day. After a morning of flat-lining, the market only had a net change of 3 basis points (which will have no effect on mortgage rates). If you have not already learned THE TRUTH BEHIND MORTGAGE QUOTES, please feel free to take a moment to learn how to avoid making costly mistakes while falling prey to clever marketing gimmicks.
The Mortgage Street Smarts of where mortgage interest rates are going (and why):
The following information is current as of Tuesday 4-17-2012 and will help you understand todays best mortgage rates. If you are a … (0 comments)

san diego residential mortgage specialist: Mortgage Rate Update 4-16-12: Trends Projections & Todays Lowest Rates - 04/16/12 02:08 AM
Have you taken a moment to learn THE TRUTH BEHIND MORTGAGE QUOTES? Please enjoy the report below to help you better prepare yourself for what to expect with mortgage rates moving forward. Once you allow yourself to be equipped with the facts, you will be better suited to make strong financial decisions for your family in relation to your largest personal debt...your mortgage. 

The Mortgage Street Smarts of where mortgage interest rates are going (and why):
The following information is current as of Monday 4-16-2012 and will help you understand todays best mortgage rates. If you are a Buyer/Borrower who … (0 comments)

san diego residential mortgage specialist: Mortgage Rate Update 4-13-12: Trends Projections & Todays Lowest Rates - 04/13/12 01:32 AM
Ouch, tough day for rates yesterday as the market worsened by a total of 18 basis points. Will Friday the 13th result in an improvement for rates? See below for market predictions to help you make the best decision on when to lock in your interest rate.
If you are personally pursuing a mortgage loan, you are havily encouraged to learn THE TRUTH BEHIND MORTGAGE QUOTES to insure the best financial decisions are being made without falling for clever marketing jingles or gimmicks. 

The Mortgage Street Smarts of where mortgage interest rates are going (and why):
The following information is … (0 comments)

 
Jason E. Gordon, Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE (CMG Mortgage, San Diego, CA)

Jason E. Gordon

Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE

San Diego, CA

More about me…

CMG Mortgage, San Diego, CA

Address: 11440 W. Bernardo Court, Ste. 300, San Diego, California, 92127

Mobile: 619-200-8031

Author Bio: Jason Gordon is a Residential Mortgage Specialist in San Diego, CA. He combines ethics, education, and experience while helping Homebuyers and Homeowners to achieve their financial goals.View all AR Posts By Jason Gordon

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