The Mortgage Files

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

why are mortgage rates getting worse?

How to navigate rising mortgage rates

By Scott Sheldon / February 26, 2021

We’ve been spoiled by ultra-low mortgage rates for the last several months. We saw 30-year mortgage rates go down into the mid two’s on conventional and government loans. These interest rates were brought on by the pandemic, the job market uncertainty, and the broader United States being in a holding pattern about what’s going to…

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Are we in a housing bubble?

By Scott Sheldon / October 25, 2016

As prices continue to climb many are wondering if there’s going to be a pop similar to the financial crisis.  Here is the reality of mortgage and housing market… The financial crisis was brought on by the subprime meltdown. The subprime mortgage products that were available led to the financial collapse of America and the…

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