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Mortgage and Lending - Guaranteed Rate, Marin County, CA - NMLS: 22343
Lock Watch for the Week of 12/24/2018 Volatility-O-Meter:It's a holiday week and we don't know if the President will fire the Fed chairman.  Can't we just all take a vacation? Economicalendar (all times are Pacific):Mon, 12/24:      2-Yr Note Auction (8:30am).Tues, 12/25:     Markets Closed.Weds,...
The Most Wonderful Time of the Year (to Get Gift Funds)  It's that time of year again when holiday gift giving is on everyone's mind.  But you know me, compulsive mortgage professional, I want to focus on  but a single aspect of the loan process --- gift funds--- this same form of largesse that i...
Lock Watch for the Week of 12/17/2018 Volatility-O-Meter:FOMC statement and virtual certainty of another rate hike (.25%).  This will not surprise anyone, but against the backdrop of recent market volatility, the ensuing statement could.  Then, GDP on Friday. Economicalendar (all times are Pacifi...
How to Get Rid of PMI on Your Mortgage Nearly every home buyer initially hates the "P" word --- PMI, or private mortgage insurance.  Years and years of conditioning have taught generations upon generations of first-time buyers that PMI is something to be avoided at all costs, and even though I da...
Lock Watch for the Week of 12/10/2018 Volatility-O-Meter:Key inflation reports mid-week will help set the direction.  Recent market (stock and bond) volatility has largely played into a narrative that the Fed may reduce number of forthcoming rate increases, but if inflation comes in hot, I expect...
Each Year I Conform a Little More If you know me, you know that I don't like to stick to convention.  I was the teenager who skipped college, moved to Hollywood and played rock guitar.  In my 20's, I saved up vacation time not for sandy white beaches but instead for expeditions to the harsh mount...
Lock Watch for the Week of 12/3/2018 Volatility-O-Meter:As expected, the week is opening with an attempt to make sense of how the G20/China trade truce may play out. Economicalendar (all times are Pacific):Mon, 12/3:      PMI Mfg Index (6:45am), ISM Mfg Index and Construction Spending (7am).Tues,...
Start Me Up, I Want to Buy a Home  To borrow yet another song reference, and you know I'm fond of those, 'it's not unusual' for first-time buyers to come in our door and readily admit they have no idea where to start the home buying process.  Often they are referred by real estate agents who tell...
Lock Watch for the Week of 11/26/2018 Volatility-O-Meter:Wednesday's gonna be a doozy, so shake off your holiday weekend hangover. Economicalendar (all times are Pacific):Mon, 11/26:      2-Yr Note Auction (10am).Tues, 11/27:      Case-Shiller HPI (6am), Consumer Confidence (7am), 5-Yr Note Aucti...
Grateful for the Grind This year at Thanksgiving, I find myself up against the same challenge as every November --- how to keep the pedal to the metal and avoid succumbing to the seasonal slowdown that will send the unprepared and uninspired in my industry to the couch for a nap that could last u...

Rob Spinosa

SVP of Mortgage Lending, Marin County
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