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Sure, Mortgage Rates Are Lower, But Mandatory Fees Are Not

Comments(0) By •January 7th, 2009

With respect to mortgage rates, you can’t always believe what you read in the papers.  Or what you see. A terrific example is the chart at left. Published by Freddie Mac, it shows the 30-year fixed mortgage’s “going rate” as reported by the nation’s mortgage lenders. On December 30, 2008, that rate was 5.1 percent. But [...]

The Government has our Fannie covered!

Comments(0) By •September 11th, 2008

Last weekend, our government announced a “bailout”  of both FANNIE MAE and FREDDIE MAC. This is an important event in our industry.  I want to be sure I connect with you on some of the details, and answer any questions you may have. What is Fannie Mae & Freddie Mac? In simple terms, Fannie Mae and [...]

Avoid the most common Danville real estate loan mistakes

Comments(0) By •July 29th, 2008

Through the past 22 years, Mike Miller has been an industry leader in Danville Mortgages and Danville Real Estate.  Both in product innovation and consumer education.  We proudly present to you this post to uncover some of the most common areas where consumers are often victims.  We hope this will assist you when choosing among [...]

Mortgage Myths, Facts, and Fallacies…

Comments(0) By •July 21st, 2008

If you are uninformed, or misinformed, it will amount to the same thing…less business for you.  Allow me, fellow real estate professionals, to clarify a few points regarding the current world of mortgage finance.  This is very important stuff… The most important thing to know is that you cannot let your client do whatever you [...]

Danville Real Estate is easy to finance!!!

Comments(1) By •June 11th, 2008

If your business slows down (for any reason), the ability to work with “what you have” is of utmost importance.  Knowing where to go to get good but creative financing is extremely valuable these days.  Luckily, with 20 year experience in Danville, I am the expert and finding ways to put your clients into homes.  [...]

About The Danville Mortgage Blog

The Danville Mortage Blog is your premier source for information on Danville real estate, home loans in Danville, general mortgage knowledge, real estate market updates and Danville community information. On top of all this, you will find leading Danville real estate agents showcased, making your selection of a real estate agent easier.

For Danville real estate agents, you'll find valuable tips on how to take your real estate business to the next level. We're also a wonderful place to keep up on the ever changing mortgage industry.

Mike Miller

  • 395 Hartz Avenue, Danville, CA 94526

Prospect Mortgage Equal Housing Lender

Bank of Commerce Mortgage is an equal housing lender. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. Credit and collateral are subject to approval. Terms and conditions apply. HUD Approved FHA Lender. NMLS ID #1839. Lending available in California Dept. of Real Estate Broker #01218426. The opinions expressed herein are not necessarily those of Bank of Commerce Mortgage or its affiliates.