Mortgages are like puzzles. I enjoy solving those puzzles and providing a clear path to a healthy financial future for all of my clients.
After getting my Bachelor's degree in Public Relations, I spent 15 years in the mortgage industry before joining the Commerce Home Mortgage team. I learned my work philosophy from my father when I was young. I once asked him why he left for work half an hour before he needed to. He told me he wanted to make sure he'd get there on time, no matter what happened. I always strive to have that same sense of responsibility and urgency whenever I am working with a client.
Outside of work, I have a devotion to service and a thirst for adventure. I am a private pilot and an advanced scuba diver. My wife and I enjoy feeding our friends experiencing homelessness or hardship every Saturday at the Crossroads Church in Costa Mesa, California.
Mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeks. Freddie Mac, along with Fannie Mae, the Mortgage Bankers Association and the National Association of Realtors, is calling for mortgage rates to continue to rise over the next four quarters.
This has caused some purchasers to lament the fact that they may no longer be able to get a rate below 3.5%. However, we must realize that current rates are still at historic lows.
Here is a chart showing the average mortgage interest rate over the last several decades:
Though you may have missed getting the lowest mortgage rate ever offered, you can still get a better interest rate than your older brother or sister did ten years ago, a lower rate than your parents did twenty years ago, and a better rate than your grandparents did forty years ago.