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Interest Rates

Interest Rates 

Interest Rate Correction as they Relate to Interest Only Loans

March 20, 2023March 20, 2023 Alan Fine interest only loans, interest rates, mortgage interest rate corrections

10 yr. T-Note(Treasury Note) is a key benchmark indicator for long term rates.  It’s Yield(rate) peaked in Oct 2022 at

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This licensee is performing acts for which a real estate, consumer loan, or mortgage license is required. C2 Financial Corporation is licensed by the CA DRE, 1821025; AZ DFI, 919209; CO DRE, NMLS 135622; FL OFR, MBR3519; HI DFI, HI-135622; ID DF, MBL-9475; MI DIFS, FLOO23565/SR0023566; MS DBCF, 135622; OR DF, ML-4917; TN DFI, 135622; TX DSML, 135622; WA DFI, MB-135622; NMLS 135622. Loan approval is not guaranteed and is subject to lender review of information. All loan approvals are conditional and all conditions must be met by borrower. Loan is only approved when lender has issued approval in writing and is subject to the Lender conditions. Specified rates may not be available for all borrowers. Rate subject to change with market conditions. C2 Financial Corporation is an Equal Opportunity Mortgage Broker/Lender. The services referred to herein are not available to persons located outside the states of CA, AZ, CO, FL, HI, ID, MI, MS, OR, TN, TX, and WA. Michael Tietz Loan Officer, NMLS 53715 Licensed in AZ 1038562, CA 1210004, CO 100509900, FL LO48712, HI HI-53715, ID, MI 53715, OK MLO29579, OR 53715, TN 53715, TX 53715, and WA MLO-53715. Alan Fine Loan Advisor, NMLS 236398 Licensed in CA 00840325 and MI 236398

Texas Complaint/Recovery Fund Notice: (https://www.sml.texas.gov/ResidentialMortgageLoanOriginator/rmlo_mb_forms.html)

NMLS Consumer Access Portal: http://www.nmlsconsumeraccess.org
C2 Financial Corp. www.c2financialcorp.com