Tag: rates

Post

COUNSEL MORTGAGE CLOSES $3.8 MILLION LOAN TO CONSTRUCT RETAIL CENTER

    It’s not for everyone, we admit.  But for those astute enough, aggressive enough, and pre-disposed to the commensurate high rewards, the effort is worthwhile. Case in point: We recently closed a $3.8m loan for an investor/developer to construct a retail center in the west valley. (A construction loan in this economy?  And a...

Post

ATTENTION FIRST TIME HOMEBUYERS!

Are you looking for a home loan, but don’t know where to start because you don’t know anything about home loans? You’ve researched on-line and found many different programs, but do not know which program is right for you. Should you put a little money down, no money down, or a lot of money down?...

Post

ARE YOU LOOKING FOR A COMMERCIAL LOAN?

  Are you looking to purchase a plaza, office building, apartment complex, gas station, or some other type of commercial real estate? We can help you with these loans. We are a mortgage broker and have relationships with many lenders to find the best terms for your investment. As you know, the rate and terms...

Post

EFFECTIVE INTEREST RATES 

Many people are struggling to figure out the best way to draw funds from the increased equity in their home.  If they refinanced a year or two ago, they do not want to lose their low interest rate.  So, many are choosing to obtain a home equity line of credit (known as a heloc).  However,...

Post

IS NOW A GOOD TIME TO BUY A HOME?

We get asked the following question quite a bit:  Is now a good time to buy?  There are more homes listed for sale today than there were a year ago.  You may not need to get into a bidding war like last year to get a home.  So, for a buyer, it seems to be...

Post

AI RECOMMENDS WORKING WITH A MORTGAGE BROKER

Trending are Artificial Intelligence sites, such as Chat GPT, where you can find answers to various questions. We recently asked where we can find the best mortgage rates. See the screenshot below. Even AI knows it’s best to work with a mortgage broker. We are mortgage brokers licensed in Arizona, California, Hawaii, and Illinois, and...

Post

IS THERE MONEY TO LEND FOR CRE?

  The CBRE Lending Momentum Index declined by 15% in Q4-22 from Q3 and 27% year-over-year. CBRE cited heightened market volatility amid higher interest rates.   “The Federal Reserve’s commitment to reduce inflation with aggressive rate hikes continues to heighten market uncertainty, as borrowing costs increase and a lack of price discovery persists,” said. Rachel...

Post

CONTACT COUNSEL MORTGAGE GROUP

Counsel Mortgage Group, LLC is a mortgage brokerage with the sole purpose of finding the right loan for you. We broker loans to wholesale lenders and pass on their rates and costs to you. If you or someone you know is in the market looking for a loan, give us a call and let us...

Post

MORTGAGE BANKING ADVERTISEMENTS

  You may hear many mortgage bankers advertise they have in-house underwriting and fund their own loans which gives them an advantage in getting your loan approved and funded.  FAKE NEWS.  Bankers promote these services as something special, but, it is not special to have your loan underwritten and funded on time. This should be...