Archive for February 2016

Mortgage Rates–the real story

If you own a home today, you are almost certainly being subjected to an avalanche of direct mail urging you to refinance your mortgage. Ads on the radio and TV are in your face constantly, making the same pitch. If you’re like most people, you tune them out. Now may be the time to act.…

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Quicken’s “Rocket Mortgage” catches CFPB’s attention

Anyone watching the Superbowl on Sunday couldn’t miss the ad series for Quicken Mortgage’s “Rocket Mortgage.” If you bought into their pitch, you’d think that you’d download their app, hit a couple of buttons on your phone and get your mortgage in minutes—like magic. The government agency charged with protecting consumers, aptly named the Consumer…

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Another mention in the media!

Are subprime mortgages coming back? I speak to a lot of journalists; between the circulation of “The Mortgage Insider” and the fact that I’ve been around as long as I have, they look to me as an authority for their stories. The latest was in the influential trade magazine, “Scotsman’s Guide.” Reporter Victor Whitman reached…

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Joseph M. Parsons NMLS #230285
Pinnacle Capital Mortgage,
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