The 10-Year Treasury Just Dropped Below 4% — What That Means for Mortgage Rates (and Public Employees)
For the first time in almost a year, the 10-year Treasury yield has fallen below 4%. Why does this matter? Because mortgage rates are closely tied to the 10-year Treasury — when yields drop, mortgage rates often follow. But here’s the catch: the last time we saw this level, it didn’t last long. Rates quickly bounced back up, leaving […]
Don’t Miss Your Refi Window: How Refinancing Could Save You Hundreds Each Month
If you’ve been keeping an eye on mortgage rates, now is the time to lean in. They’re at a level that could mean serious savings—we’re talking hundreds of dollars a month. If refinancing has been sitting on your to-do list, this could be the window you’ve been waiting for. Let’s look at what’s possible. Imagine […]
Save Big with the California Employee Loan Program – Purchase, Refinance, and Cash-Out Options!
We’re proud to offer exclusive benefits through our California Employee Loan Program (CELP) that can help you save thousands when buying, refinancing, or taking cash out. Whether you’re looking to purchase a home, consolidate debt, or fund a project, our program provides rate reductions and closing cost credits across nearly all of our loan products. […]
California Public Employees: Now’s the Time to Maximize Your Home Equity!
With interest rates continuing to drop and exclusive discounts for California’s city, county, and state employees, there has never been a better time to evaluate your financial situation and see how a Cash-Out Refinance can help you consolidate debt, lower your overall monthly payments, or fund major expenses. What Is a Cash-Out Refinance? A Cash-Out […]
Why Aren’t Mortgage Rates Dropping Even When the Fed Cuts Rates?
With all the news about the Federal Reserve lowering rates, you’d think mortgage rates would be plummeting. Unfortunately, it hasn’t quite played out that way—mortgage rates have actually been inching up! So, what gives? Fed Cuts vs. Mortgage Rates: A Misunderstood Relationship The Fed recently lowered its benchmark rate in hopes of making borrowing more […]