San Diego, CA (PRWEB) November 10, 2014
California homeowners that have been considering taking advantage of recent low rates to refinance their homes can find the best rates and deals with Blue Home Loans' refinance experts. Blue Home Loans, Inc. is a California based full-service mortgage company headed by father and son team, Robert and Brandon Blue, and has been helping home owners and buyers in the state to find the best home loan deals for many years. The Blue Home Loans team specializes in finding the best loan for each individual situation, and their mortgage professionals are some of the top California mortgage refinance experts.
Recently there has been some positive movement for California mortgage rates, with last week seeing rates drop back to the same levels of late last month – near the lowest levels of the whole year. There is also some evidence that this positivity could continue. According to a November 7th report from Mortgage News Daily:
“The lack of an ultimate reaction in stocks combined with the fact that the net job gain was higher than forecast (NFP gained more in revisions than the amount by which it missed the forecast on the headline) makes today's bond rally interesting. By all rights, the jobs report was strong. Apart from that "net gain" argument, the labor force participation rate also increased while all main measures of unemployment and underemployment decreased. Wages didn't hit their forecast, but neither did they fall. It was not the kind of jobs report that has historically resulted in a half point gain in MBS and an 8bp drop in 10yr yields. The conclusion here is that bond markets were, indeed, ready and willing to rally and simply needed permission from today's data and related market trading.”
The same article also says, “Finally, it's potentially important to note the following resilient anecdotes for bonds. The rally didn't stop when stocks bounced off their lows. Before that, the stock lever looked like it might have been connected. The rally happened in spite of a holiday-punctuated week ahead, which contains a Treasury refunding beginning on Monday--an event that normally causes some hesitation in bond markets. The takeaway is that the "all things being equal" scenario--the backdrop against which next week's reality will be painted--is looking positive.”
Blue Home Loans explains that with the prospect of even lower rates ahead, those who have been considering a refinance would do well to get their loan process started as soon as they can. By offering some of the lowest wholesale rates in the industry and providing excellent customer care and quick loan processing and closing times, the Blue Home Loans team of mortgage experts is ideally suited to help meet the needs of California borrowers who are seeking the best refinance deals at this time.
The company has years of experience getting the best home loan deals for their clients and has received many rave reviews over the years for their refinance services. One Blue Home Loans Review from a client from Rancho Palos Verdes, who completed a refinance loan with the company, says,
“We've bought and sold many houses, so financing and refinancing are not new to us. We spoke with several lenders and brokers, but Brandon Blue was the only one who figured out a way for us to refinance in a way that made sense and saved us a whole lot of money. He was reliable, trustworthy, and calm, and we'd love to work with him again.”
For more information on how Blue Home Loans can help California home loan borrowers get approved for their home purchase loan or refinance quickly, please visit BlueHomeLoans.com or call 1-888-929-BLUE (2583) to speak with an experienced mortgage professional.
California Bureau of Real Estate -- BRE #01938557 NMLS #1162386