Economy

Did the Fed Lower the Interest Rate?

Does the Fed affect mortgage rates?

Today it’s anticipated that the federal reserve will cut rates by a margin of .25 to the Fed funds rate.  What does that mean?  Well, the Fed funds rate is the rate which banks borrow from each other in the federal reserve system.  When the Fed cuts rates, it’s usually to stimulate the economy by…

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What is a No Closing Cost Refinance

A No Closing Cost Refinance can allow you to save money monthly without costing you dollars or equity

Rate is the one word that comes up perhaps more than any other when shopping for a mortgage loan.  The second most frequent topic of discussion is on closing costs – the dollar amount it takes to get a mortgage done.  There’s an appraiser that needs to be paid, underwriters that need a paycheck, and…

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What Would a Recession Mean for Housing?

Markets and Economy

The “R” Word   It’s come up a lot recently.  With unemployment at or near all time lows, a stock market rally that’s defied all odds for longer than history says it should have, and the Fed looking at potentially reversing monetary policy, it looks like our next recession is more a matter of when,…

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Mason-McDuffie Mortgage Corporation

2430 Camino Ramon
Suite 300
San Ramon CA. 94583

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

Licensing

Licensed by the Department of Business Oversight
under the California Residential Mortgage Lending Act. NMLS# 1141
NMLS Consumer Access Site