Posts Tagged ‘mortgage’

MasonMac’s Lock & Shop Loan Program

MasonMac's Lock & Shop mortgage allows home buyers to search for a home with interest rate protection in place.

In a volatile interest rate market, one of the most stressful parts of home buying can be trying to find the perfect home while trying to keep track of rates, payments, and affordability.  In a relatively calm market, it may not be a big deal, but in 2022, when rates have moved upward faster than any time…

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The Latest Fed Rate Hike

The Fed Rate hike today moves borrowering costs higher, but should help mortgage rates come down

Once again, in an effort to curb inflation, the Fed has announced another Fed Rate Hike to the tune of a .75 increase to the Fed Funds rate.  This Fed rate hike brings the Fed funds target rate range to 2.25%-2.5%, and the increase was in line with expectations, resulting in minimal initial changes to…

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Why Do So Many Mortgage Companies Call?

Why do you get so many calls after applying for a mortgage?

If you’ve recently applied for a mortgage loan, you may have noticed a trend – your phone is ringing (even more than usual) with numbers on the caller ID you don’t recognize.  If you answer, you’re likely getting pitched for a mortgage from a company you never contacted and a loan officer or dialer you…

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Homeowners Should Expect Appreciation in 2022

Home prices are forecast to continue to rise in 2022

Home Appreciation Expected to Continue Through 2022   With the final quarter of 2021 under way, we expect to see a lot of forecasts and announcements around changes as we head into another new year.  Over the next month, 2022 loan limits will be announced, lenders will begin to make a final push to finalize…

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8 Things to Consider When Refinancing

refinancing can be a great financial move

8 Things to Consider When Refinancing Since the 1980s, rates in the US have consistently fallen on mortgage loans, with new all time lows regularly being established.  Refinancing can be a great financial decision, but it’s important to consider a few things before diving in so you can be prepared for the process, outcomes, and…

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3 Tips to Increase Credit Scores FAST

Use these tips to increase credit scores quickly!

3 Tips to Increase Credit Scores FAST   When applying for debt, a lot of weight is put on credit scoring. The difference between ultra competitive rates, terms, and lenders practically begging for your business and seeing terms that come with astronomical rates and costs can sometimes be just a few points in credit scoring.…

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Is It Smart to Refinance Your Home?

Is it smart to refinance your home?  As with most things mortgage-related, it depends on your individual scenario.

“Yes!  Of course!  Immediately!”, said the mortgage company…   While as a mortgage company we certainly have skin in the game when it comes to refinancing, transparency is also the name of our game, and we want you to know the truth to the question “is it smart to refinance my home?”.  And that truth…

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Richmond Virginia Mortgage Client Appreciation Party

River City Roll hosted Mason-McDuffie Mortgage's Virginia team for their client appreciation party

On Wednesday, November 6, 2019, Mason-McDuffie’s Richmond Virginia branch held a client appreciation party to gather with and thank their clientele.  The event was held at Richmond’s River City Roll (rivercityroll.com) venue and offered a ton of fun for clients and their families.  The patio was packed with clients and their families along with MasonMac team…

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What the Fed Rate Cut Means to You

The Fed rate cut is a small piece of the big economic picture, but it does NOT have an immediate impact on mortgage rates as many people believe

The Fed has once again cut rates, this time by .25% – so what does this mean for you?     Well, the Fed funds rate is the rate banks borrow from each other.  When the rate is cut, it is done to help stimulate the economy and increase inflation.  The Fed funds rate is…

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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

Questions about your payment? Please call 866.671.9519 or email servicing@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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