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  #41  
Old 08-07-2019, 10:27 PM
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huntingsocal huntingsocal is offline
(aka Hogswild)
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Default

Trump’s China tariffs was the bomb nobody expected

Market’s knee jerk reaction was good for rates

If you’ve been on the fence about a refi, probably time to get off

If you’ve been prequalified to buy a home in the last six months, you might be pleasantly surprised when I tell you how much your payments will be now

PM me for a no cost, no obligation number crunch
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  #42  
Old 08-15-2019, 9:25 PM
huntingsocal's Avatar
huntingsocal huntingsocal is offline
(aka Hogswild)
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Join Date: Dec 2012
Location: SoCal
Posts: 2,203
iTrader: 32 / 100%
Default Is a Recession Coming?

All this talk about inverted yield curves and such has the markets spooked about a recession.

Came across this article on fortune.com and found the mortgage piece interesting:

When the Next Recession Hits, 4 Good Things Could Happen


from the article:

"Over the past five recessions, mortgage rates have fallen an average of 1.8 percentage points from the peak seen during the recession to the trough. And in many cases, they continued to fall after the fact as it takes some time to turn things around even when the recession is technically over.

Mortgage rates don’t have nearly as far to fall as they did in the past since the starting point is so much lower today. But even a little weakness in economic activity can send rates plunging."


It may or may not be the perfect time for you to refinance or buy a house right now, but it wouldn't hurt to check.

PM me and I'll let you know if it is a good time now or what you need to do to get ready so when the time is right you can pull the trigger

No cost, no obligation, no annoying follow up, and no sales pitch.

I'll just crunch some numbers for you so you know where you stand
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