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Mortgage and Lending - California Mortgage and Real Estate Broker - BRE#949075 NMLS#301693
Roger W. Herrick has 23 years of continuous experience in the mortgage and real estate business.
RECENT BLOG POSTS
We all have heard the financial media presenting information on the bond markets continually make erroneous assumptions about the relationship of mortgage interest rates with US Treasury Bond and Note prices.  This happens because these financial reporters may understand the bond markets in gener...
10/25/2007
Bonds are benefiting on some weaker than expected economic news this morning.   Durable Goods Orders for September were reported lower than expectations. Initial Jobless Claims were reported higher than expectations. New Home Sales for September will be reported today. Yesterday's weak Existing S...
10/25/2007
Until recently, there were two main ways to get cash from your home: you could sell your home, but then you would have to move; or you could borrow against your home, but then you would have to make monthly loan repayments. Now reverse mortgages gives a third way of getting money from the home. A...
10/24/2007
Stocks are under some selling pressure this morning. Merrill Lynch, the country's largest investment banker and broker, reported a far more massive 3rd quarter loss. The entire Stock market is trading lower on this news, and this is helping Bond prices improve.Existing Home Sales for September ca...
10/24/2007
Not too many economic reports scheduled for release today, Stocks will likely continue their role in leading Bond prices.  The reports on the fires have taken over most headlines as they should.    And hot news from Apple could cause Stocks to take a run higher on renewed investor confidence.  So...
10/23/2007
 A mortgage is considered jumbo when it exceeds the conforming limit set by Fannie Mae and Freddie Mac, the federally chartered companies that provide funding to retail mortgage lenders. The limit is adjusted annually based on average house prices. For 2007, the limit is $417,000 for single-famil...
10/22/2007
Stocks have determined the direction for Bonds of late and last week's Stock tumble helped Bonds improve.  With little news to influence Bonds until Wednesday, Stock prices could resume their position big dog.Should Stocks bounce and rally, more money will flow out of Bonds and into Stocks, causi...
10/22/2007
The November Newsletter is Complete. Referral Offers are on the NewsletterThis is a quarterly newsletter.    This has been sent to my clients for several years.There is some great articles of important information that you can benefit from.http://www.contactherrick.com/files/8/4/8427e1ad0ac567663...
10/21/2007
Home Equity Lines vs. Traditional Second Mortgage Loans  By using the equity in your home, you may qualify for a sizable amount of credit, available for use when and how you please, at an interest rate that is relatively low. Furthermore, under the tax law--depending on your specific situation--y...
10/21/2007
Construction Loan ChecklistYou've found the lot, have a house plan in hand and have chosen a builder. The next step is to lock in your construction loan. To complete your loan package, we'll need a number of items from you and the builder.Items we need from you for your construction loan:Plans an...
10/21/2007
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Roger W. Herrick

Coast to Coast Lending Group Inc.
smartphone(949) 365-6585
local_phone(949) 205-4287
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Roger W. Herrick has 23 years of continuous experience in the mortgage and real estate business.