If you’ve been checking mortgage news, you might have seen headlines about a “controversial refinance tax” put in place by the Federal Reserve, which was temporarily stalled. This tax will raise interest rates across the board for most mortgage lenders / brokers, but they decided to delay said tax; now, it will go into effect at end-of-October. So what does this mean for your home finance?
It means there’s a tight timeline on securing all-time low rates, while they last! Keep in mind - rates might never dip this low again, since COVID-19 helped them get here.
In many ways, these rates are a perfect storm of global events and stimulus from the Federal Reserve (AKA “the Fed”).
Instead of waiting for September and October to pass, why not start the refinance / home purchase process now? You’d do well to check rates every day, if possible, and you can do so 24/7 at ProspectQuote.com. It requires no personal contact info, and it’s mobile-friendly too.
We have dedicated and knowledgeable Loan Officers available M-F during regular business hours. Just call: 858-605-0952. We’re more than happy to assist, or just talk mortgages with you.
Thanks, and stay safe out there!
Prospect Home Finance
875 Garnet Avenue
San Diego, CA 92109
NMLS: 349089 | BRE: 01837707
Jason Vondrak has been in the mortgage industry since 2004 and co-founded the mortgage brokerage Prospect Home Finance in 2006 in San Diego, California. Today he serves as President and CEO of Prospect Home Finance and the president and founder of Prospect Property Group, a real estate development company, established in 2012.
Our focus is to be the best home financing choice for homeowners looking for transparency, speed, service and affordable financing terms.
Company NMLS: 365482
875 Garnet Ave
San Diego, California 92109
Phone: (858) 605-0952
Prospect Home Finance strives to ensure that its services are accessible to people with disabilities. Prospect Home Finance has invested a significant amount of resources to help ensure that its website is made easier to use and more accessible for people with disabilities, with the strong belief that every person has the right to live with dignity, equality, comfort and independence.
Prospect Home Finance makes available the UserWay Website Accessibility Widget that is powered by a dedicated accessibility server. The software allows prospecthomefinance.com to improve its compliance with the Web Content Accessibility Guidelines (WCAG 2.1).
The Prospect Home Finance accessibility menu can be enabled by clicking the accessibility menu icon that appears on the corner on the page. After triggering the accessibility menu, please wait a moment for the accessibility menu to load in its entirety.
Prospect Home Finance continues its efforts to constantly improve the accessibility of its site and services in the belief that it is our collective moral obligation to allow seamless, accessible and unhindered use also for those of us with disabilities.
Despite our efforts to make all pages and content on Prospect Home Finance website fully accessible, some content may not have yet been fully adapted to the strictest accessibility standards. This may be a result of not having found or identified the most appropriate technological solution.
If you are experiencing difficulty with any content on Prospect Home Finance website or require assistance with any part of our site, please contact us during normal business hours as detailed below and we will be happy to assist.
If you wish to report an accessibility issue, have any questions or need assistance, please contact us by sending an email to: email@example.com