Mortgage Blog

CA will extend the shelter in place for another month. What does that mean for the mortgage rates? It might be a little bit better, but we still can not change the fact that the whole industry still are short of hands, and short of liquidity assets.

My life changed a little bit. I locked over 20 loans for only 2 days beginning of March. Then I could not lock the rate any more. After that, I only locked one loan for purchase , another for 15 yr fixed 2.875%. I was a little bit frustrated because I could not lock the rate(The rate went up higher, and also the lender only allowed us to lock the rate when the loan approved). Then on the other hand, I was happy that I could not lock loans since otherwise my life quality would be much worse(I had to work extended hours, it is not good for health), and also borrowers would not be happy because the shelter in place.

April would be the first month that I could finish reading for more than 10 books. It is a big accomplishment for me. I really enjoyed the reading and hope to read more and more.

My San Francisco Marathon postponed to Nov 15th. That might be my first marathon this year. I will take it easy for this one.