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California Mortgage broker gives FREE mortgage advice and home loan tips to California homeowners. California loan officer experienced in first time home buyer mortgages, purchase loans, cash out refinance mortgages, fixed rate mortgages, mortgage planning, bad credit refinance, bankruptcy buyout loans, and all other areas of real estate financing.
The COFI Index used to adjust the rate on the Pick-a Payment or Option ARM an all too popular California adjustable rate mortgage, continues to rise in contrast to many other indices. Therefore a California refinance decision leaving an adjustable rate mortgage loan for a fixed rate loan, goes from a “maybe” to a “must”.
The COFI Index used to adjust the rate on the Pick-a Payment or Option ARM (an all too popular California adjustable rate mortgage which normal recasts monthly ) rose in August after declining for 3 straight months. This trend will surely change the decision to refinance for those Californians with an adjustable rate mortgage loan from a “maybe”...
If you are located in California or Colorado and looking to refinance or purchase you came to the right place. We have over 250 Investors and offer they best programs and rates. For a FREE quote call Toll Free: 1-877-231-0466, option 4.
About a year ago, the California home loan refinance rates hit the all time low rate and now only they have started to rise slowly. Moreover, many people are saving money on their present home loans by means of refinancing. With the invention of Internet, it has been made easier for searching the latest and lowest mortgage rates present in Californ
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