Sunday, December 28, 2014

A Great Start to 2015

Get ready for blast off.  Many signs in the economy are pointing to a great start for 2015. 

  • Interest rates remain low and all indications are they will remain low for some time.
  • GDP for the 3rd quarter was revised sharply higher to plus 5.0 percent.
  • GDP for the 2nd quarter was revised up to a plus 4.6 percent.
  • Consumer sentiment has held steady at very high levels.
  • Consumer spending is way up on major purchases by 0.6 percent.
  • Gas prices are expected to remain down creating more disposable income for consumers.

With the Dow Jones Industrial Average rocketing through 18,000 on Wednesday, that only added more optimism about the start for 2015 being far better than anything we have experienced since the great recession.

Housing data has come in a little weaker than expected however many experts are predicting that with the cost for oil being as low as it is, this could bring life to the housing market.  Saudi Arabia announced this week that they have no plans curtail oil production, no matter the price of oil, so this creates pressure on virtually all other oil producing nations to do the same.  Although low oil prices are bad for American oil companies, consumers are not shedding any tears or worry about how profitable they will be.  All consumers care about is that it is costing a lot less to heat their homes and fill their car gas tanks.

Existing home sales, which had been showing signs of life, declined a larger than expected 6.1 percent for the month of November.  This report caught many industry professionals by surprise as the declining cost of fuel as well as the mild start to the winter in most parts of the country was expected to help housing.  The good news in the housing report is that even though sales have slowed, inventory has not increased which has kept stability in housing prices. 

A positive for the housing industry is that the Federal Housing Finance Agency reported that home prices increased unexpectedly in October.  With a no change in September, October’s increase of 0.6 percent was a pleasant surprise.  Additionally home prices are 4.5 percent higher than the same time last year.

The final piece to my optimism for the coming year in housing is that in speaking with many real estate professionals, quite a few of them have indicated that they have been having many conversations with potential home sellers.  A significant number of the current homeowners they have spoken with have indicated that they are likely to place their home on the market within the next 3-12 months.

With trading volume light with the holidays, and the lack of economic data being reported in the coming week, the markets are expected to remain quiet.

·        Tuesday December 30th – S&P Case-Shiller Home Value Index & Consumer Confidence
·        Wednesday December 31st - MBA Apps., First Time Jobless Claims & Pending Home Sales
·        Thursday January 1st - New Year’s Day –All Markets Closed
·        Friday January 2nd – ISM Manufacturing Index & Construction Spending

As your mortgage professional, I am happy to assist you with any information you may need regarding mortgage or real estate trends.  I welcome the opportunity to serve you in any way I possibly can.  Please feel free to reach me at (707) 455-7070.

Sunday, December 21, 2014

An Early Christmas Gift

It is the week before Christmas, and the Fed decided to give investors an early Christmas present.  On Thursday the stock market jumped 421 points primarily on news that the Fed has no plans to raise interest rate in the near future.  (As of Friday morning, the stock market is set to jump once again as the Dow futures are up significantly in pre-market trading.)

With the improving economy, investors were fearing that the Fed was going to start changing their plan to begin raising interest rates sooner than initially anticipated.  On Wednesday, the Fed statement indicated that despite the improving economy, they plan on “being patient in beginning to normalize the stance of monetary policy”.  Simply put…this means that they are not planning on increasing rates in the near future and rates are likely to remain low well into 2015.  Low rates is great for business which translates into the anticipation of stocks rising as the economy continues to improve.

Mortgage rates have hit the lowest point for 2014 however that did little to improve activity related to mortgage applications.  The Mortgage Bankers Association reported that purchase applications declined 7.0 percent.  Because of the time of year, the decline is not surprising as buyers tend to stop looking for homes between now and the end of the year.  The surprise was on the refinance applications as they remained flat despite the incredibly low rates.

Housing starts continue to remain flat.  Single family housing starts declined 5.4 percent for the month of November after gaining 8.0 percent in October.  There does not seem to be any real explanation for the decline as weather has not played a factor at all in any part of the country.  Housing permits also declined in October by 5.2 percent which once again seems to have no real explanation.

I am not too concerned about the latest housing starts report as it is only one report and certainly does not indicate any type of trend.  We have been seeing this number move back and forth from positive to negative territory throughout the year. With oil prices having dropped significantly it is believed that the housing sector, both new and existing home sales, will get a boost in the first quarter of 2015.

After rising first time jobless claims rose above 300,000 for a brief period in late November, initial jobless claims have been coming back down near their recovery lows. Initial claims fell for the 3rd straight week, down 6,000 to 289,000 in the week ending December 13th.

Just in time for the holidays, the consumer price index shows that inflation is very tame.  In fact, prices only increased 0.1% in the month of November.  When you add in the significant decline in energy prices, inflation dropped 0.3%.

Next week’s potential data market moving indicators are:

·        Monday December 22nd – Existing Home Sales
·        Tuesday December 23rd – Durable Goods Orders, GDP, and New Home Sales
·        Wednesday December 24th - MBA Mortgage Applications and First Time Jobless Claims
·        Thursday December 25th – Christmas Day –All Markets Closed

As your mortgage professional, I am happy to assist you with any information you may need regarding mortgage or real estate trends.  I welcome the opportunity to serve you in any way I possibly can.  Please feel free to reach me at (707) 455-7070.

Sunday, December 14, 2014

Another Great Testimonial!

We refinanced this year.  Our agent Karen was exceptional.  We both work long hours and she made it easy for us to coordinate all of the information.  Stacey was also great at anticipating what information would be required, in the end the approval process was easy and we closed in no time.  We are very happy and would rate Big Valley with the highest marks for their great people and customer service that truly went above and beyond. Laura C.

Thursday, December 11, 2014

Monday, December 8, 2014

Last Day For Toys For Tots Coming Up Wednesday!

Toys for Tots!
Join Big Valley Mortgage and our local military in collecting toys for children in the area!
Please collect new, unwrapped gifts for pick-up
 Wednesday December 10, 2014!
Any questions please call our office
(707) 455-7070

                  Thank you and Happy Holidays!

Friday, December 5, 2014

Markets Quieter Than Normal For This Time Of Year

Although there was definitely economic data to trade on this week, the markets were quieter than normal for this time of year.  It is not uncommon for trading volume to decline in the month of December, however it typically takes hold in the second week of the month as we move closer to the holidays.

The biggest potential market movers for the week were the employment figures.  On Wednesday ADP released their private payroll growth report which came in at 208,000.  This fell in the lower range of analyst’s expectations.  The stock market barely reacted to the report.  There was an initial drop in the stock market indices when the news was released however the market recovered quickly.

On Friday at 8:30AM the second employment report for the week was released by the Department of Labor.  These numbers came in far above expectations.  Payrolls jumped 321,000 which comes off a revised increase from October up to 243,000.  Additionally wages rose sharply during the month.  This is by far the strongest employment report since the recession.  The stock market opened slightly higher but surprisingly not with as much fanfare as one would expect given the great report.

For quite some time traders have had a few major national and international concerns to use as a catalyst to make trades.  For a while the Ebola scare along with the China and European economic slowdown were dominating headlines and having a major effect on trading behavior.  Since reports in these areas have virtually disappeared, investors have had little to get them excited to make investment moves in their portfolios.

The only real housing data released this week was the Mortgage Bankers Association mortgage application report.  Purchase applications rebounded with a 3.0 percent rise after the previous week’s decline of 10.0 percent.  Refinance applications dropped by a larger than expected 13.0 percent despite mortgage rates returning close to historic lows.

In other economic news from the week, the ISM Manufacturing Index remained extremely strong.  The index for November came in at 58.7 which is very close to post Great Recession highs.  New orders for manufacturing soared for the month along with the list for backorders.  These increases bode well for continued strength in production for the near future.

First time jobless claims dropped back below 300,000 down to 297,000 for the week ending November 29th.  This decline indicates that the prior week’s report which showed a jump in claims up to 314,000 was more of a fluke than a trend in the employment sector.  The markets reacted with little fanfare to this report as the focus for this week has been on the ADP and Department of Labor reports.

Next week’s potential data market moving indicators are:

·        Wednesday December 10th - MBA Mortgage Apps
·        Thursday December 11th – First Time Jobless Claims and Retail Sales
·        Friday December 12th – Producer Price Index and Consumer Sentiment

As your mortgage professional, I am happy to assist you with any information you may need regarding mortgage or real estate trends.  I welcome the opportunity to serve you in any way I possibly can.  Please feel free to reach me at (707) 455-7070.

Tuesday, December 2, 2014

Toys For Tots!

Toys for Tots!
Join Big Valley Mortgage and our local military in collecting toys for children in the area!
Please collect new, unwrapped gifts for pick-up
 Wednesday December 10, 2014!
Any questions please call our office
(707) 455-7070

                  Thank you and Happy Holidays!

Friday, November 28, 2014

A Testimonial

Thank you Michael, and wishing you, your family and the wonderful staff at Big Valley a wonderful Holiday Season. We have fond memories of working with you for our loan. We couldn't be happier than how the house and loan all turned out, and how you made it happen. We would recommend your firm to anyone needing a loan, in fact we have many times. We will be sure to call you if the need arrises in the future.
Jeanne and Darrel Brown

Tuesday, November 25, 2014

Customer Testimonial

“I contacted Big Valley Mortgage regarding the purchase of a home. Michael O'Rourke sat down with me and walked me through the whole process from everything that I need in order to start the process to the final closing. Michael even directed me to one super-lady of a realtor.

Every single step of the process was amazing. Big Valley originally not only got me a low interest rate (locked for 30 years), but the week of final review...I got an even lower interest rate, well below the current 'great rates'. The staff behind the scenes were also so easy to work with (Joanne and Marilyn you guys rock). 

Buying a house is a very STRESSFUL experience, however Michael and his team at Big Valley Mortgage made it a breeze. If you are looking or even considering buying a house and want a great/honest and friendly mortgage company, then look no further than Big Valley Mortgage.”
 
-Perry H. Vacaville, CA

Friday, November 21, 2014

Stock Market Trades

The stock market may have traded in a narrow range of 100 points for the week, but that does not mean there was a lack of economic data available for investors to grab onto.  For the housing market, a few major reports were released of which signs of housing market improvement have appeared.

The housing starts report continues the pattern of going up and down as it has over the last few months.  Although the overall report shows that starts declined for the month of October, the inspiring part of the report is that single family homes rose by 2.4 percent. Additionally, overall starts are 7.8 percent higher than the same time last year.

Furthering the trend of positive housing news, existing home sales continued their slow rise in October by gaining 1.5 percent.  This follows September?s increase of 2.6 percent.  Supply of homes slipped to 5.1 months down from 5.3 months in the prior month.  Although supply has declined, demand has also tapered somewhat as we approach the holiday season.  (Actually, by all account we are already in the holiday season as I have seen Christmas lights and holiday sales since the first day of November).

The final piece of positive news on the housing front is the Mortgage Bankers Association report that applications for purchase loans jumped a whopping 12.0 percent for the week ending November 14th.  This jump in applications closes the gap between last years mortgage activity and where we are today down to minus 6.0 percent.  This has been the closest to being even to last year that we have experienced in quite some time.  Refinance applications declined 6.0 percent for the same week.

In other news, there was little market reaction to the release of the Feds FOMC Minutes.  Nothing in the report came as a surprise to investors.  The governments stimulus program is over and the markets continue to be humming along.  The Fed continued to express concern about slowing economies in Europe and Asia.

Inflation continues to remain virtually non-existent.  The Consumer Price Index remained unchanged for the month of October.  Inflation from the same time last year is up 1.7 percent which is considered very low and has not given the Fed reason to raise interest rates.

Finally, first time jobless claims remain low and stable at 291,000.  This is compared to the prior weeks report of 293,000.  The one big question is how will these numbers translate into the November employment numbers which will be released the first Friday in December?

Although next week is a holiday shortened week as the markets are closed on Thursday and most investors take off on Friday, there is no shortage of key economic data being released on Tuesday and Wednesday.

        Tuesday November 25th - GDP, FHFA House Price Index, S&P Case-Shiller HPI
        Wednesday November  26th - MBA Mortgage Apps, Durable Goods Orders, First Time Jobless Claims, New Home Sales, Pending Home Sales
        Thursday November 27th - Thanksgiving: All Markets Closed

As your mortgage professional, I am happy to assist you with any information you may need regarding mortgage or real estate trends.  I welcome the opportunity to serve you in any way I possibly can.  Please feel free to reach me at (707) 455-7070.

Tuesday, November 18, 2014

Toys For Tots

Toys for Tots!
Join Big Valley Mortgage and our local military in collecting toys for children in the area!
Please collect new, unwrapped gifts for pick-up
 Wednesday December 10, 2014!
Any questions please call our office
(707) 455-7070

                  Thank you and Happy Holidays!

A Quiet Week

I walked outside my front door this morning at 5:00AM and listened to how quiet it was.  It was a quick reminder of how quiet the markets have been this week.  Veteran?s Day contributed to the lack of craziness in market activity, however it was more due to the lack of any major economic headlines.

Ebola headlines have virtually disappeared from the media.  The threat of ISIS, although, not gone from our lives, has been pushed much further down in the news reports.  With the lack of economic news or world drama this week, we were able to find out own entertainment, or you might call it drama, right here in the United States.

The most talked about, and tweeted event of the week was the pictures of Kim Kardashian posing nude in the publication called the "Paper".  I have never heard of this publication, but that does not necessarily mean anything, because now I have.  Because any and all possible comments have been either spoken, written or tweeted regarding the pictures, I find no reason for me to join in the fray at this time.

According to the Mortgage Banker Association, even though mortgage rates are still very low, it is not doing much in prompting refinance activity.  The MBA reported that applications for refinances declined another 11 percent after the prior week's drop of 6.0 percent.  Purchase mortgage applications rose a miniscule 1.0 percent which is less than the 3.0 percent in the prior week.

It is getting towards holiday time and unfortunately housing activity seems to be slowing.  Next week a couple of housing reports will be released, however they will be reflecting activity from September which is not a true indicator of what is happening in the market right now.

First time jobless claims remain low at 290,000.  This is a 12,000 increase from the prior week's report.  There are no special factors that are attributed to the increase.  This appears to only be normal fluctuations that occur in the weekly report.

A recent study from Moody's Analytics is that Millennials are not saving any money.  In fact on average they are running at a saving deficit of 2% per year.  Workers from the age of 35 to 44 have a positive savings rate of 3%.  Part of the Millennials savings challenge has been related to recent years of hard to find jobs.  The labor market is improving so it is hopeful that this negative savings trend will reverse itself.  It is far too early to know how the Millennial?s savings rate will impact housing in the future.

(Since there is a lack of any other major market headlines, I find myself with extra room in my newsletter.  I guess I could go back to writing about my thoughts on Kim Kardashian's photos.)

Next weeks potential market moving economic reports are:

        Tuesday November 18th - Producer Price Index and Housing Market Index
        Wednesday November  19th - MBA Mortgage Apps, Housing Starts & FOMC Minutes
        Thursday November 13th - First Time Jobless Claim, Consumer Price Index, Existing Home Sales

As your mortgage professional, I am happy to assist you with any information you may need regarding mortgage or real estate trends.  I welcome the opportunity to serve you in any way I possibly can.  Please feel free to reach me at (707) 455-7070.

Saturday, November 15, 2014

Michael O'Rourke, Owner


Michael O'Rourke
As the owner of Big Valley Mortgage, I would like to thank all our employees, who over the years, have become like family. I would further like to thank all our loyal clients who have looked to us when they have needed Real Estate professionals. It is with everyone's help that we are privileged to serve the very community we live in.

Feel free to contact me at 707-455-7070 ext. 304

CA DRE LIC # 01259806/01215943
NMLS # 214645/1850




479 Mason St. Suite 109

Vacaville, CA 95688-4505

Phone: 707-455-7070 ext 304

Fax: 707-455-8337
Email: morourke@thelendingpros.com

Wednesday, November 12, 2014

Continuing The Journey Upward

The stock market continues its journey upward as this week each closing bell was accompanied by a higher closing index.  Although the market is not shooting up like a rocket as it did last week, we none the less continue to see growing strength in the economy.

The Fed has ended the recession stimulus bond buying program and rates were supposed to rise.  What has happened?  Absolutely nothing!  Mortgage rates remain stable and there is no indication that they are going to rise in the near future.  Inflation remains very low and as long as that continues, upward pressure on rates will remain virtually non-existent.

On Wednesday ADP announced their estimate for private payroll growth for October.  Their prediction was for 230,000, which was right in line with most analysts expectations.  The market did not react significantly to this positive report as the growth in employment has been a trend lately. 

On Friday morning, The Department of Labor made their announcement on employment and the numbers came in ..  The consensus prior the release of the reports was that 240,000 jobs were added (essentially in line with ADP) and that the unemployment rate would remain at 5.9%.  However at 8:30AM on Friday the Labor Department announced that only 214,000 jobs were added.  The unemployment rate dropped to 5.8%.

Continued evidence of economic strength was reported on Monday with the ISM Manufacturing Report.  The index for October rose 2.4 points which piggybacks on August's strong increase which makes for the highest months of consecutive growth since February 2011.  New manufacturing orders jumped 5.8 points which is a great indicator that there will be significant production growth across the manufacturing supply chain in the U.S. in the coming months.

Ina nice turnaround, the Mortgage Bankers Association reported that applications for purchases rose 3.0 percent for the week ending October 31st.  This reverses the trend of application declines we have seen in recent weeks despite mortgage rates having dropped a few weeks ago.  Rates for mortgage have inched up from their 12 month lows in the last week.  As is expected, refinance applications reacted negatively to this and declined 6.0 percent.

Although the focus for this week pertaining to employment is the ADP and Department of Labor reports, let us not forget about the weekly reporting of first time jobless claims.  The good news is that claims continue to remain below 300K per week which is considered healthy.  This week's report came in at 278K which is down 10K from the prior week.  Initial market reaction was positive to the news.

Next week?s potential market moving economic reports are:


        Wednesday November  12th - MBA Mortgage Apps
        Thursday November 13th - First Time Jobless Claims
        Friday November 14th - Retail Sales

As your mortgage professional, I am happy to assist you with any information you may need regarding mortgage or real estate trends.  I welcome the opportunity to serve you in any way I possibly can.  Please feel free to reach me at (707) 455-7070.

Sunday, November 9, 2014

Great Reviews!


I contacted Big Valley Mortgage regarding the purchase of a home.  Michael O'Rourke sat down with me and walked me through the whole process from everything that I need in order to start the process to the final closing.  Michael even directed me to one super-lady of a realtor.

Every single step of the process was amazing, Big Valley originally not only got me a low interest rate (locked for 30 years), the week of final review...I got an even lower interest rate-well below the current 'great rates'. The staff behind the scenes were also so easy to work with (Joanne and Marilyn you guys rock).  

Buying a house is a very STRESSFUL experience, however Michael and his team at Big Valley Mortgage made it a breeze.   If you are looking or even considering buying a house and want a great/honest and friendly mortgage company, then look no further than Big Valley Mortgage.

Perry H.
Vacaville, CA

I've know Jim for over 25 years and can speak of the character & professionalism that embodies what he does.  Jim was has always been honest and forthright in his assessment of the most appropriate route to take; whether re-financing, initial loan, bankruptcy or foreclosure.

When you deal with Jim you never feel there's anything it for him because he takes the time to listen and gather the pertinent information so the decision is appropriate...for the client, not for him.  He takes his time through the process and ensures you fully understand the terms.  

I will continue to work with Jim and tell others to at least hear what he has to say before finalizing any deal....you know when you find the "right" mechanic that you can trust when you bring your car in?  Well Jim Fox provides that same feeling when it comes to mortgages.

Nick P.
Providence, RI

Monday, November 3, 2014

What A Difference A Week Makes

What a difference a week makes.  After the market craziness last week, the stock market has been once again launching to the stars.  Through Thursday the market is up 432 points. The market rose 221 points on the latest positive economic data on the economy on Thursday.  Prior to the market open on Friday, Dow Futures are up over 150 points which indicates a significant market rally at the opening bell.  The futures are being driven by the great news out of Japan that the government is going to expand their stimulus program.  One of the fears that has been tempering the market lately is that Japan and China are experiencing an economic slowdown. Stimulus should bolster the Japanese economy.

The biggest mover of the market this week was Thursdays report on GDP.  Economic growth accelerated beyond almost everyones expectations at a rate of 3.5% for the 3rd quarter.  This comes after the 2nd quarters less than stellar growth of only 1.3%.  Despite the fact that the government has been cutting stimulus to the economy, it seems that the U.S. rebound continues to gain steam.

As expected, the Fed announced the completion of the bond buying program which has been going on since the great recession.  It has been thought that the Feds program was the only reason rates have been staying low on mortgages.  However despite the Fed ending the stimulus program, it seems that mortgage rates have barely moved.

In the last few weeks mortgage rates had dropped down to lows that we have not seen in the last 12 months.  However, because of the positive economic data and the mostly better than expected corporate profit reports released this week, mortgage rates have moved back up to where they were a couple of weeks ago.  By historical standards rates continue to remain very low and home purchasing extremely affordable.

The pending home sales report released on Monday showed signs that the low mortgage rates have been having a positive impact on purchase transactions.  The index for pending homes sales rose 0.3% for the month of September.  This is an improvement over the prior months 1.0% decline. Although September?s increase is relatively small, it should translate into an improved existing home sales report in November.

One thing that has caught many people by surprise in the housing market is that despite the recent decline in mortgage rates, both applications for purchases and refinances have not increased.  In fact purchase apps declined 5.0% and refinances dropped 7.0% for the week ending October 24th.  No real explanation is given for the decline.

Next week's potential market moving economic reports are:

       Monday November 3rd - ISM Manufacturing Index & Construction Spending
       Tuesday November 4th - Factory Orders
       Wednesday November  5th - MBA Mortgage Apps & ADP Employment Report
      Thursday November 6th - First Time Jobless Claims
        Friday November 7th - National Employment

As your mortgage professional, I am happy to assist you with any information you may need regarding mortgage or real estate trends.  I welcome the opportunity to serve you in any way I possibly can.  Please feel free to reach me at (707) 455-7070.

Friday, October 31, 2014

Staff Profiles: Chris Norris

As Part the Solano Lender team, I’m a California Licensed Broker who obtained a Bachelor of Science degree in Business Administration with a focus in Real Estate and Land Use Affairs in 1991. My work experience in this industry dates back to 1968 when my family entered the exciting world of real estate. I have had the pleasure of helping people achieve their dreams and goals as a lender since 1993.


Whether It’s taking my past management experience to tackle obstacles that get in the way of the loan process or just the ability to explain a document in a way that a child could understand, my life’s work is to help my relationships achieve their vision for themselves.

Thank you for letting me help.

Tuesday, October 28, 2014

A Lot To Celebrate

After last weeks downward super slide of the stock market, it seems that investors have a lot to celebrate this week.  Last week the market concerned itself with Ebola fears as well as European and China economic slowdowns.  However this week corporate profit reports have seemed to have investors forgetting all about those issues.

Caterpillar, which is considered a great barometer of economic health of the country, announced an 18.5% increase in profit which was far above investor expectations.  Additionally they revised their projections upward for the remainder of the year.  Microsoft sales surged 25%, and 3M profits jumped 11%.  These better than expected announcements have investors excited about the future. 

The price of oil has dropped to around 80 dollars a barrel.  Some experts are predicting that prices will drop as low as 70 dollars per barrel.  Gas prices are declining at the pump which means consumers will have more disposable income.  More disposable income means the potential for more spending, especially as we head into the holiday season.

After a few months of mostly negative housing reports, this week we received a hint of possible improvement.  The National Association of Realtors reported that existing home sales rose a solid 2.4 percent in September to a higher-than-expected annual rate of 5.17 million. Condo sales were the strongest for the month rising 5.2.  Single-family homes also increased a strong 2.0 percent.
Supply of available inventory in September declined to 5.3 months from 5.5.in August.  The median price for homes remains in positive territory from the same time last year being up 5.6 percent.

More positive news on home values came from the Federal Housing Finance Agency. Home prices rose nicely with a ½ percent increase in August.  Additionally, prices also increased in July by a revised 0.2 percent.  Compared to the same time last year, prices are up 4.8 percent from 4.6 percent in July.

The Mortgage Bankers Association reported that with the recent decline in mortgage rates, applications for refinancing soared 23 percent.  Applications for purchase loans declined by 5.0 percent.  There is not any real concern about the decline on the purchase side as this sector of the market does not respond as quickly to mortgage rate movements as refinances.

Finally, if you were worried about the government raising interest rates, it appears that it will not happen anytime soon.  Inflation continues to remain very low and with the job market still recovering ever so slowly, the FOMC has no reason to change rate policy next week.

Next weeks potential market moving economic reports are:


·        Tuesday October 28th - Durable Goods Orders
·        Wednesday October 29th - MBA Mortgage Applications and FOMC Announcement
·        Thursday October 30th - First Time Jobless Claims and GDP
·        Friday October 31st - Pending Home Sales

As your mortgage professional, I am happy to assist you with any information you may need regarding mortgage or real estate trends.  I welcome the opportunity to serve you in any way I possibly can.  Please feel free to reach me at (707) 455-7070.

Saturday, October 25, 2014

Staff Profiles: Jim Silva


I have been in the mortgage business for over 20 years helping clients achieve their financial goals. My goal is to guide you through the mortgage process and help you decide the best product for your needs.

I have been a resident of Solano County all my life and watched our community grow.

After running my own branch of APMC for over five years I joined Big Valley Mortgage because of their integrity and dedicated staff.


CA BRE # 00924799

NMLS # 215349


479 Mason St. Suite 109
Vacaville, CA 95688-4505

Phone: 707-455-7070 ext. 311
Fax: 707-455-8337

Email: jsilva@thelendingpros.com