Interest Rates

Jumbo Mortgages are Back with my Favorite Lender

This is really good news. Jumbo mortgages are back with the largest wholesaler in the country. Customers still need to qualify but interest rates are in the low 3’s for qualifying customers.

Also for customers with lots of equity in their homes there is a good chance of an appraisal waiver which brings our processing time down to about two weeks.

Please feel free to give me a call to discuss your scenario (561) 329-0075

March 2021 Mortgage Rates on the Rise

In the beginning of March 2021 mortgage rates spiked due to optimism in the economy and thoughts about the stimulus plan.

This video discusses the factors that could make mortgage rates continue to slowly rise.

January 2021 - The Conforming loan limit for 2021 is $548,250

This means that customers who were once Jumbo customers back in say 2018, are now conforming customers with really low interest rates. If you check your statement and your balance you will huge savings.

November 2020 -The VA Interest rate Reduction Refinance Loan has the best interest rate in the country.

Conquer with Conquest - Interest Rates August 2020

Interest Rates May 2020

February 2020 - Mortgage Rates improve again

September Update - 2019 Interest Rates are at 33 month lows! This is good for refinancing and also makes purchasing more home for a lower payment easier.

Without getting into the mechanics of how interest rates change, we would like to point out that DHL Mortgage Inc has access to the best and largest wholesale lenders in the country. They have the best interest rates which allows us to broker them to you at the best prices.

By definition, (usually) wholesale rates are less than retail rates.
The large banks on the corner have to cover the brick and mortar of the location, we don’t. They have to pay a large staff, We don’t.
We have the ability to waive a fee.  They don’t

Currently, our favorite source is giving an appraisal reimbursement on certain loan programs. That is a credit of up to $500 at closing.
When you apply with DHL Mortgage, your only up front expense is the 3rd party appraisal fee that most customers pay with a credit card.

All other fees and costs are collected at closing.

If you are in need of an estimate of your unique situation, please give us a call or send us an email.

Thank you,

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