Entries by Rob McCarthy

Market Report and What the Unemployment Numbers are Saying…

Please See this Weeks Market Update that will Discuss the following: Last Weeks Market Review A Look Ahead – What to Expect How Zoom has changed the way we do business! (http://www.mmgweekly.com/w/index.html?SID=86df7dcfd896fcaf2674f757a2463eba) Next and Most Important…please see April’s unemployment numbers that were just released at 10am this morning.  California’s unemployment rose from 2.9 in February […]

Cash Out Refi’s Might Go Away?

 First and Foremost… I just read an interesting report on how lenders may eliminate cash out refinances on conforming and jumbo loans. We have seen the “add” for cash-out refinances get super expensive lately.  It appears the Federal Reserve doesn’t want borrowers pulling equity out of their homes.  They feel home values may go down […]