The Mortgage Files

Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.

*Mortgage Tip: How To Get Best Rates For Jumbo Loans

By Scott Sheldon / August 7, 2011

Here’s a mortgage tip: if you are looking for the best interest rate on a Jumbo Loan consider a 5, 7, or 10 year product. The availability of Jumbo Loans in Sonoma County through a Fannie/Freddie Lender have nearly evaporated since 2007. However in the last several months, Jumbo have re-emerged as an available product…

Low Mortgage Rates: The Debt Ceiling's Influence

By Scott Sheldon / August 3, 2011

The Debt Ceiling has resulted in low mortgage rates, get a rate quote today. For the last few weeks the Debt Ceiling news has rattled the financial markets causing the stock market to sell off. This ebb and flow of money has caused that money to flow into the bond market driving yields on bonds…

The Best Mortgage Rates Are Back….Lock In!

By Scott Sheldon / June 19, 2011

The best mortgage rates are back, lock in that great rate now! For the last few weeks, mortgage rates have been quite favorable. 30 year mortgages are now pricing under 4.5% for primary residences. This has been due to the fact the Federal Reserve is buying treasury bonds and will continue to do so only…

Get A Mortgage Rate Quote

By Scott Sheldon / June 1, 2011

If you are looking for a Sonoma County Mortgage, get a mortgage rate quote. Mortgage Interest Rates move on a daily basis causing interest rates to change sometimes by the hour. Daily macro economic events influence the buying and selling of bonds which stimulates the movement of money and subsequently, interest rate movement. Get A…

Current Mortgage Rates For Santa Rosa

By Scott Sheldon / May 14, 2011

Since the death of Bin Laden, current mortgage rates for Santa Rosa remain under 4.75%! For the last two weeks we have had a rally in current mortgage rates and you can now lock in the best mortgage since middle of 2010. Consumers are feeling stronger about the economy by pouring their money into the…

"Bank Mortgage Rates" Petaluma

By Scott Sheldon / December 12, 2010

Bank mortgage rates in Petaluma are available directly from local Petaluma lenders. In the last couple of weeks 30 years mortgage rates have risen due to the Federal Reserve’s activity in buying bonds. Most borrowers today searching for bank loans are still focused on attaining the best 30 year fixed mortgage rate. While the market…

Mortgage Shop Santa Rosa

By Scott Sheldon / November 29, 2010

To Mortgage Shop Santa Rosa be prepared for current mortgage rates to change frequently. Everyone knows they should Mortgage Shop Santa Rosa at least on a preliminary level makes sense in order to compare the most current mortgage rates on any home loan. Unlike shopping for a car or a camera to begin your mortgage…

Comparing Mortgage Rates In Sonoma County

By Scott Sheldon / November 18, 2010

What to look for in comparing mortgage rates in Sonoma County. The Federal Reserve came out last week discussing in the media how they intend to purchase mortgage bonds moving forward in order to keep borrowing costs for consumers comparing mortgages down. If you are comparing mortgage rates in Sonoma County be aware that interest…