All Blog Entries by Brian Stewart 
There are currently 3 blog entries published by Brian Stewart.
Marin Home Buyers: Mortgage Rates Improving
By: Brian Stewart Saturday, June 27th, 2009 at 9:43am. 1327 Views, 0 Comments.
Yesterday the Treasury successfully auctioned off $27 Billion in 7 year notes with bids being much higher then expected. As a result, the benchmark 10 year treasury note closed at a much lower 3.50%. This means that mortgage rates also moved lower (improved) today and will likely improve again early next week.
If you have been sitting on the fence, and were disappointed in missing the very low rates that existed 4-8 weeks ago, this may be your opportunity. Whether you are interested in refinancing or buying a new Marin home or condo in Marin, now might be a good time to explore your options especially since home prices are down and inventory is starting to rise in Marin County.
Below you fill find a summary of current rates. If you'd like to…
Your Marin Mortgage - Lower Your Monthly Payments
By: Brian Stewart Tuesday, May 19th, 2009 at 4:55pm. 1314 Views, 0 Comments.
Whether you are in the market to buy a home in Marin County or are simply exploring your options for refinancing your current mortgage, now is a fabulous time to take advantage of the incredible low interest rates that are out there.
Residential mortgage rates are currently at all time historic lows. The graph above shows US average mortgage rates over the past 36 years. Oddly, the website where this information was obtained (Mortgage News Daily) hasn’t updated their graph to reflect improvements in fixed rates over the last month - now in the 4.75-5.25% range.
You get the picture though, if you can qualify to refinance, think about doing is now and lock into lower monthly payments.
Feel free to contact me if I can assist you with your…
How to Navigate the Mortgage Market as a Home Buyer in Marin
By: Brian Stewart Monday, October 6th, 2008 at 9:40pm. 1466 Views, 0 Comments.
I was reflecting back on the roller coaster ride we've all witnessed within the mortgage industry and came upon an article entitled Fannie Mae Eases Credit To Aid Mortgage Lending which first appeared in the New York Times on September 30, 1999.
This article from 1999 makes for an interesting read and helps underscore that the credit crisis we are in today stemmed partly from political policy decisions made over a decade ago. All finger pointing aside, the backlash of any financial crisis is the pendulum swinging to the opposite extreme. The days of sub-prime lending and mortgage qualification without income verification are gone and underwriting standards have tightened drastically across the board. For conventional loans, Marin County home buyers…