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Will Inflation Go Down?

Broken piggy bank with band aid bandage or plaster finance background

Will Inflation Go Down?   There’s a lot of economic jargon being tossed around in headlines these days, and one of the hot topics out there is inflation.  To start, it’s important to understand what inflation is.  When the value of a currency diminishes, the result is inflation – basically, you get less for the…

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What the Fed Rate Hike Means for You

The Fed Rate hike will have a big effect on markets, especially mortgage markets and other debts

What the Fed Rate Hike Means for You   Today the Fed increased their Fed Funds rate by .75 percent.  While on the surface that doesn’t seem like too big a bump, this is the largest single-day increase to the Fed funds rate since 1994, signaling a serious attempt at Fed members to reign in…

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HELOC VS Refinance

the HELOC vs Refinance debate has a different "right answer" for everyone!

HELOC VS Refinance – the clash for cash   If you need to access cash from your home equity and have no interest in selling, in most cases you’re left with limited options to tap into the equity you’ve likely grown over the past few years of high appreciation.  It often boils down to a…

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What is a Rent Back?

Can a rent back help me get an offer accepted

What is a Rent Back? In today’s housing market inventory is low and buyer demand is high.  In such a market, many buyers need to get creative in structuring their offer on a home, and many sellers (future buyers) need to consider the fact that they, too, will soon encounter the same challenges that buyers…

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What the Fed Rate Hike Means for My Mortgage

When the Fed raises the Fedral funds rate, we often see mortgage rates go down

How the Fed Rate Hike Affects Mortgage Rates   Yesterday, March 16, 2022, was the date of the first Fed rate hike in 3 years, and is the first of an expected 7 total for the year 2022.  This rate hike is an effort to fight off the inflation once deemed “transitory” but has proven…

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Giving Our Buyers the Edge with Buyer’s Advantage

Buyer's Advantage helps home buyers get their offer accepted amongst competition

At MasonMac, we work to consistently give our home buying customers an advantage in the market place.  In today’s market, more than ever, it’s important that buyers have an edge and every advantage they can get, and that’s where MasonMac’s Buyer’s Advantage program comes in!   With Buyer’s Advantage, MasonMac not only preapproves customers through…

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Should You Pay Points?

Mortgage points

Should You Pay Points? When getting a mortgage, one of the most important things to pay attention to is the cost of the loan being applied for.  There are certain fees customers can shop for that may be drastically different from one lender to another (for example, discount points, and lender fees) and some fees that…

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Is Affordable Housing Still Possible?

Affordable Housing is still a reality in most markets by many metrics

Home prices are at all time highs!  It’s a bubble!  There’s a dip coming!  It’s a terrible time to buy!  These are some of the things headlines have been touting for….well, years now, as appreciation in the housing market has marched higher.  And yes, home prices are up – much higher in some markets, than  a…

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2022 Conventional Loan Limits

loan limits

Each year toward the end of November, FHFA (Federal Housing Finance Authority, the agency overseeing Fannie Mae & Freddie Mac) releases updated loan limits for the following year.  This sets the maximum amount of money that can be borrowed under conventional lending guidelines.  Today’s announcement informed us that for 2022, conventional loan limits will be…

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No PMI With Less Than 20% Down?

You can get a loan without monthly PMI, but it may not make sense

No PMI With Less Than 20% Down?   Yes!  It’s possible!  Kind of… There have been a lot of headlines about mortgage products with no PMI and less than 20% down recently.  It’s been mortgage dogma for a long time that any loan less than 20% down includes PMI, or monthly mortgage insurance, but recently, many…

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Mason-McDuffie Mortgage

12647 Alcosta Boulevard
Suite 300
San Ramon CA. 94583

Phone: 925-242-4400
Fax: 866-743-0260
Toll-Free: 877-275-6662
info@masonmac.com

Licensing

Licensed by The Department of Financial Protection and Innovation
under the California Residential Mortgage Lending Act. NMLS# 1141
NMLS Consumer Access Site

Not  a  commitment  to  lend. Rates  and  terms  subject  to  change  without  notice. Licensed by The Department of Financial Protection and Innovation under  the  California  Residential  Mortgage Act  No. 4130968; AL  #22653; AR  #32700; Colorado regulated by the Division of Real Estate; DE #019623; FL #MLD819; Georgia Residential Mortgage Licensee #20924; ID #MBL-5861; Kansas Licensed Mortgage Company #MC.0025601; KY: #MC701698; MD: #16927; Mississippi Licensed Mortgage Company Licensed by the Mississippi Department of Banking and Consumer Finance; Licensed by the NJ Department of Banking and Insurance; NC: L-152867; NV: #3681; OK: #ML012358; Licensed by the Oregon Division of Financial Regulation #ML-3808; PA: #37008; TN: #112513; Licensed by the Virginia State Corporation Commission #MC-5579, WV: #ML-31523/MB31759, WY: #3964. NMLS #1141. www.nmlsconsumeraccess.org

CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550.
THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV.

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