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Mortgage Rate Update

Tamalewagon

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Thursday's Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

To get your no obligation rate quote for your purchase or refinance, call me today at 866-476-2494 or click HERE. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

Tamalewagon

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Good Morning campers...we're starting the week off well with a dip in rates as the MBS market is currently +6 bps.

Monday's Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

To get your no obligation rate quote for your purchase or refinance, call me today at 866-476-2494 or click HERE. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

Tamalewagon

Little Buddy
Joined
Sep 24, 2007
Messages
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Tuesday's Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

To get your no obligation rate quote for your purchase or refinance, call me today at 866-476-2494 or click HERE. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

Tamalewagon

Little Buddy
Joined
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Happy Cabin Fever Hump Day campers...here is your Wednesday Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

To get your no obligation rate quote for your purchase or refinance, call me today at 866-476-2494 or click HERE. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

Tamalewagon

Little Buddy
Joined
Sep 24, 2007
Messages
7,460
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Thursday's Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

To get your no obligation rate quote for your purchase or refinance, call me today at 866-476-2494 or click HERE. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

Tamalewagon

Little Buddy
Joined
Sep 24, 2007
Messages
7,460
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Friday's Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

To get your no obligation rate quote for your purchase or refinance, call me today at 866-476-2494 or click HERE. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

Tamalewagon

Little Buddy
Joined
Sep 24, 2007
Messages
7,460
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Tuesday's Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

To get your no obligation rate quote for your purchase or refinance, call me today at 866-476-2494 or click HERE. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

Tamalewagon

Little Buddy
Joined
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Messages
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Happy Hump Day campers...here is your Wednesday Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

To get your no obligation rate quote for your purchase or refinance, call me today at 866-476-2494 or click HERE. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

Tamalewagon

Little Buddy
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Rates are quickly deteriorating in the past 2 days. This is an alert to lock if you are refinancing or purchasing!

Alert to Lock


Market Glance
>
UMBS 30YR 2%
101.75
11bp
10:00
19bp
10:30
14bp
11:00
20bp
11:30
23bp
10Y UST
1.296​
0bp
Open
1.326​
High
1.328​
Low
1.270​
 

Dirty Daytona

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Just wanted to let you guys know Scott just did a refi for me and I couldn’t happier with his service. He worked his ass off for me to get me the best rate and always communicated with me. I highly recommend Scott Wenhe for your mortgage needs!!! Thanks Scott.
-Tim Dinger
 

Tamalewagon

Little Buddy
Joined
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Thursday's Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

To get your no obligation rate quote for your purchase or refinance, call me today at 866-476-2494 or click HERE. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

Tamalewagon

Little Buddy
Joined
Sep 24, 2007
Messages
7,460
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Friday's Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

To get your no obligation rate quote for your purchase or refinance, call me today at 866-476-2494 or click HERE. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

Tamalewagon

Little Buddy
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Rates are increasing daily. If you are shopping rates, stop shopping, lock and move forward.
 

Tamalewagon

Little Buddy
Joined
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Messages
7,460
Reaction score
2,063
Monday's Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

To get your no obligation rate quote for your purchase or refinance, call me today at 866-476-2494 or click HERE. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

Tamalewagon

Little Buddy
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The threat of inflation is the reason rates are increasing. If you are purchasing or refinancing, DO NOT WAIT! Lock your rate and move forward. Here is the investor train of thought: Why purchase MBS with a 2% ROI when the Fed says they want inflation to run hotter than 2% for an undetermined amount of time to reach some long term 2% average goal of theirs. Add to that Secretary Yellen’s comments about thinking more stimulus spending is necessary and inflation fears take off. This is stimulus in addition to the 1.9 trillion currently already being discussed.

We still have rates in the 2% range on most products. You have been alerted! Get off the fence.
 

Tamalewagon

Little Buddy
Joined
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Tuesday's Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

To get your no obligation rate quote for your purchase or refinance, call me today at 866-476-2494 or click HERE. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

Tamalewagon

Little Buddy
Joined
Sep 24, 2007
Messages
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Wednesday Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

To get your no obligation rate quote for your purchase or refinance, call me today at 866-476-2494 or click HERE. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

Tamalewagon

Little Buddy
Joined
Sep 24, 2007
Messages
7,460
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Thursday's Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

To get your no obligation rate quote for your purchase or refinance, call me today at 866-476-2494 or click HERE. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

Tamalewagon

Little Buddy
Joined
Sep 24, 2007
Messages
7,460
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Friday's Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

To get your no obligation rate quote for your purchase or refinance, call me today at 866-476-2494 or click HERE. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

Tamalewagon

Little Buddy
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Even with rates in the low 3% range, these are still historically low rates. The payment difference between 2.75% and 3.125% on a $250000 is only $50. Savings are still at hand and cash out rates are still very good. The savings and payments are the most important numbers, not necessarily the rate.
 

Tamalewagon

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Rates are back in the high 2% range again for most conventional products! Whoop! VA rates are still in the mid 2% range.
 
Last edited:

Tamalewagon

Little Buddy
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Monday's Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

To get your no obligation rate quote for your purchase or refinance, call me today at 866-476-2494 or click HERE. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

Tamalewagon

Little Buddy
Joined
Sep 24, 2007
Messages
7,460
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Tuesday's Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

For a purchase prequalification or refinance quote, click HERE or call me today at 866-476-2494. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

Tamalewagon

Little Buddy
Joined
Sep 24, 2007
Messages
7,460
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2,063
Thursday's Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

For a purchase prequalification or refinance quote, click HERE or call me today at 866-476-2494. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

Tamalewagon

Little Buddy
Joined
Sep 24, 2007
Messages
7,460
Reaction score
2,063
Monday's Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

For a purchase prequalification or refinance quote, click HERE or call me today at 866-476-2494. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

Tamalewagon

Little Buddy
Joined
Sep 24, 2007
Messages
7,460
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2,063
Tuesday's Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

For a purchase prequalification or refinance quote, click HERE or call me today at 866-476-2494. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

Tamalewagon

Little Buddy
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FYI, I still have conforming rates in the mid 2% range and VA rates in the low to mid 2% range depending on credit and LTV. Get them while you can. Give me a shout if you would like an analysis of your current mortgage scenario.
 

Tamalewagon

Little Buddy
Joined
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Messages
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Wednesday's Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

For a purchase prequalification or refinance quote, click HERE or call me today at 866-476-2494. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

Tamalewagon

Little Buddy
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The MBS and bond markets are strong this morning and rates are down. It's a great day to lock.

Thursday's Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

To get your no obligation rate quote for your purchase or refinance, call me today at 866-476-2494 or click HERE. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

Tamalewagon

Little Buddy
Joined
Sep 24, 2007
Messages
7,460
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Friday's Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

To get your no obligation rate quote for your purchase or refinance, call me today at 866-476-2494 or click HERE. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

Tamalewagon

Little Buddy
Joined
Sep 24, 2007
Messages
7,460
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2,063
Monday's Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

To get your no obligation rate quote for your purchase or refinance, call me today at 866-476-2494 or click HERE. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

Tamalewagon

Little Buddy
Joined
Sep 24, 2007
Messages
7,460
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Tuesday's Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

To get your no obligation rate quote for your purchase or refinance, call me today at 866-476-2494 or click HERE. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

Tamalewagon

Little Buddy
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Happy St. Patty's Hump Day Rate Lock Advisory click HERE

JUMBO PRICING IS BACK STRONG! We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

To get your no obligation rate quote for your purchase or refinance, call me today at 866-476-2494 or click HERE. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

Tamalewagon

Little Buddy
Joined
Sep 24, 2007
Messages
7,460
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Thursday's Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

For a purchase prequalification or refinance quote, click HERE or call me today at 866-476-2494. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

Tamalewagon

Little Buddy
Joined
Sep 24, 2007
Messages
7,460
Reaction score
2,063
Monday's Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

To get your no obligation rate quote for your purchase or refinance, call me today at 866-476-2494 or click HERE. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

Tamalewagon

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Excellent news for you self employed RDP'ers. We can now use ONE year proof of income versus the previous TWO years proof of income. This is for regular every day conventional loan products, NOT hard money.
 

Tamalewagon

Little Buddy
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Wednesday's Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

For a purchase prequalification or refinance quote, click HERE or call me today at 866-476-2494. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

Tamalewagon

Little Buddy
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Good day to lock.

Thursday's Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

For a purchase prequalification or refinance quote, click HERE or call me today at 866-476-2494. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

Tamalewagon

Little Buddy
Joined
Sep 24, 2007
Messages
7,460
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Friday's Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

To get your no obligation rate quote for your purchase or refinance, call me today at 866-476-2494 or click HERE. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

evantwheeler

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Just closed a refinance on my house with Scott. I emailed Scott Mar 9th and asked for interest rates on a 15 and a 30. He gave me three options for each term in less than 30min (to be fair, he had a lot of my info on file from my 2019 home purchase which he secured a mortgage on for me). I locked a rate 30 min later. 17 days past and the process is complete and I literally have less than 2hrs time invested into the process. Scott was the most professional and dialed in party of my home buying process in 2019 when I purchased, and I can't say enough about how painless he makes the process for you.
 

Tamalewagon

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Good Morning campers...

Monday's Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

To get your no obligation rate quote for your purchase or refinance, call me today at 866-476-2494 or click HERE. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

Tamalewagon

Little Buddy
Joined
Sep 24, 2007
Messages
7,460
Reaction score
2,063
Tuesday's Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

To get your no obligation rate quote for your purchase or refinance, call me today at 866-476-2494 or click HERE. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

Tamalewagon

Little Buddy
Joined
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Messages
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Happy Hump Day campers...here is your Wednesday Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

To get your no obligation rate quote for your purchase or refinance, call me today at 866-476-2494 or click HERE. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

jet496

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Best advice I have is PAY OFF YOUR MORTGAGE! They rope you in with these low interest rates, practically free money you think, but yet you pay mostly all interest up front. How they get away with this is amazing to me. Check your bills & see how much you pay towards interest verse principle.

Make extra payments, throw big chunks at it & you should have it paid off in 10 years or so. Then you'll be making money as the equity grows.

Just sayin' & I know, easier said than done.
 

evantwheeler

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Best advice I have is PAY OFF YOUR MORTGAGE! They rope you in with these low interest rates, practically free money you think, but yet you pay mostly all interest up front. How they get away with this is amazing to me. Check your bills & see how much you pay towards interest verse principle.

Make extra payments, throw big chunks at it & you should have it paid off in 10 years or so. Then you'll be making money as the equity grows.

Just sayin' & I know, easier said than done.
Rope you in? The interest calculation is very simple math and an amortization schedule is provided by the lender showing every single P&I payment through the life of the loan, so I don't see how there are any unknowns if you're signing up for a fixed rate mortgage. The alternative is to just rent? Or maybe do as everyone on RDP does and drop down a loaf of cash and buy outright? I don't disagree with your advice to pay off quickly, but there is absolutely no reason to NOT refinance at a much lower rate if you're going to stay in the property for a couple more years. I've done the math, and it pencils out. I just refied through Scott and lowered my interest rate by 7/8 of a point on a 15 year note. This will save me $300 a month over my previous rate. My cost to refinance was around $3k.
 

Tamalewagon

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Good day to lock. MBS market is doing well so far.

Thursday's Rate Lock Advisory click HERE

We offer the most aggressive VA, FHA, Conventional and JUMBO pricing for California properties and we close our loans between 14-30 days.

For a purchase prequalification or refinance quote, click HERE or call me today at 866-476-2494. I will have loan options available to you within 30 minutes.

Scott Wenhe
NMLS 336862
CALBRE 1768632
619-255-3182
scottwenhe@gmail.com
 

jet496

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Rope you in? The interest calculation is very simple math and an amortization schedule is provided by the lender showing every single P&I payment through the life of the loan, so I don't see how there are any unknowns if you're signing up for a fixed rate mortgage. The alternative is to just rent? Or maybe do as everyone on RDP does and drop down a loaf of cash and buy outright? I don't disagree with your advice to pay off quickly, but there is absolutely no reason to NOT refinance at a much lower rate if you're going to stay in the property for a couple more years. I've done the math, and it pencils out. I just refied through Scott and lowered my interest rate by 7/8 of a point on a 15 year note. This will save me $300 a month over my previous rate. My cost to refinance was around $3k.
It's the paying all the interest up front that's BS. Do the math & let me know what people pay in interest the 1st , 2nd & 3rd year on say a $700,000 loan.

It would be different if we were actually paying 4% each year but it's more like 90% interest up front the 1st year & slowly keeps going down after that due to amortization (WTF is that for) and then most people get roped into refinancing. Crazy. Just sayin'.
 
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