Lock Watch for the Week of 1/21/2019

Mortgage and Lending with Guaranteed Rate, Marin County, CA NMLS: 22343

Lock Watch for the Week of 1/21/2019



A short week and an ongoing shutdown might test the defenses of the mortgage market...


Economicalendar (all times are Pacific):

Mon, 1/14:      Markets Closed.

Tues, 1/15:     Existing Home Sales (7am).

Weds, 1/16:     Quiet.

Thurs, 1/17:    Jobless Claims (5:30am), PMI Composite Flash (6:45am), Fed Balance Sheet (1:30pm).

Fri, 1/18:        Durable Goods (5:30am) and New Home Sales (7am).


10-Year Treasury History

2.78%     Friday's Close

2.69%     One Week Ago

2.91%     One Month Ago

2.54%     One Year Ago


Battery Townsley

I know, I know. When you tell people you live near San Francisco and ask them to recall the city's history, they probably first reach for flowers in your hair and Summer of Love.  But if you are ever in the Marin Headlands and care to don a pair of sturdy hiking boots or trail running shoes, you may be impressed and surprised to behold the formidable defenses that once held watch over the entrance to the San Francisco bay.  We're not talking snipers' nests cut into the hillside here.  We're talking massive, reinforced casemates that once housed 16-inch guns like the ones brandished on the Mighty Mo.

Not often filed in the "things you see or think you see when you're out training for an ultra-marathon," and when you're halfway up a steep, winding hill above Rodeo Beach, is a 68-foot long, 120-ton refurbished cannon.  But thanks to restoration efforts, Battery Townsley serves as a worthwhile excursion within the Golden Gate National Recreation Area and it's indeed a part of San Francisco history.  

The actual guns that once resided in the bunker never, thankfully, discharged in defense of West Coast.  However, it is reported that their test firings (of 2000+lb projectiles that could practially reach the Farallon Islands) so shook the mountain that they could be felt in San Francisco proper --- with a wallop.

The batteries that ring the Headlands are an incredible piece of history in an incredible setting.  I plan to make many more trips up the hill to check them out.  If you're ever in Marin County, get in touch and I will be happy to share a few tips on where the viewing is best.


Cover your ears,



Robert J. Spinosa
Vice President of Mortgage Lending

Guaranteed Rate
NMLS: 22343 
Cell/Text: 415-367-5959 Fax: 415-366-1590

Marin Office:  324 Sir Francis Drake Blvd., San Anselmo, CA  94960

Berkeley Office:  1400 Shattuck Ave., Suite 1, Berkeley, CA  94709

*The views and opinions expressed on this site about work-related matters are my own, have not been reviewed or approved by Guaranteed Rate and do not necessarily represent the views and opinions of Guaranteed Rate.  In no way do I commit Guaranteed Rate to any position on any matter or issue without the express prior written consent of Guaranteed Rate's Human Resources Department.


Guaranteed Rate. Illinois Residential Mortgage Licensee NMLS License #2611 3940 N. Ravenswood Chicago, IL 60613 - (866) 934-7283


This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Mortgage / Finance
California Marin County Mill Valley
Active Rain Newbies
Posts to Localism
Mortgage Bankers
Local Expert
Addicted to Active Rain
home loan
rob spinosa

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Peter Mohylsky
PrimeSouth Properties - Santa Rosa Beach, FL
Let me help you find your path to the beach.

I love the mix of market activity an history.  thanks for sharing this information .  Happy New Year. 

Jan 21, 2019 08:21 AM #1
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Hi Rob,
I do love the San Francisco area.  So much to do and see. 

Jan 24, 2019 08:32 AM #2
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Rob Spinosa

Vice President of Mortgage Lending, Marin County
Can I Get a Jumbo Loan with 10% Down?
Spam prevention

Additional Information