This newsletter is short, simpler to understand and I am including lots of pictures.

When it comes to mortgage rates, the news are about a week behind.

I am able to supply up to the minute information because we pay a monthly subscription to a professional service and in this manner we are able to see the hour by hour changes in mortgage rates.

I would like to give you an update as to what is happening with Mortgage Rates and how you could take advantage of the current interest rate climate through 5 strategies to reduce the cost and increase the equity that your mortgage is generating for you.

“Alejandro was recommended to me by my real estate lawyer. My mortgage was transferred to a different servicing company, and all of a sudden my monthly payments almost doubled. That was a very stressful situation. We’ve been in the house for 20 years, and all of a sudden we were forced into a situation where we were at risk of losing it.  

In this episode of The Key to City of Angels, host Rick Albert sits down with Alejandro Szita of Prosperity Lending to break down the realities of lending in 2025—especially for self-employed borrowers, entrepreneurs, and entertainment professionals.

Every once in a while I send out a “Newsflash" email when mortgage rates sharply drop. 

This happens to be one of those fortunate occasions; this past Friday, mortgage rates suddenly and dramatically dropped to a 3-year low. 

Since mid September 2025 I started to notice a trend change in the Mortgage Market. 

I am talking about the Secondary Mortgage Market which is where Lenders sell their Mortgages in order to get the funds to fund new mortgages.

Christmas is the most beautiful time of the year! It is the time when we connect with our loved ones and everyone that shares with us our journey in Life. 

It is interesting to note that when you are in the Service Industry, that is when your livelihood depends upon servicing others, your true payment comes in the form of connection and happiness when you have contributed in improving someone else's life. This gives you the energy to continue going—no matter the obstacles.

Payment reduction, interest rate reduction, cash for business, buying a new property or investment, re-structuring debts, solving the problem of keeping a property, or negotiating with a partner of family member who wants to sell rather than hold, or a property needs substantial maintenance and repairs creating uncertainty as to what to do next, are examples of what we routinely do for our customers. 

I mention this because in the process of helping people obtain mortgages, we have run into the above and have provided solutions that then allowed our clients to get their loans funded.

What if you could walk into a bank, show them your bank statement and get immediately approved for a no-hassle mortgage?

Without having to show tax returns, explain what you do for a living, show that you are currently working or even getting paid anything, nor bring tons of paperwork or justify every single enquiry on your credit report?

You may have seen the news that mortgage interest rates recently again dropped dramatically and are now the lowest since September 2024. The Freddie Mac website currently lists the 30-year fixed rate at 6.19% (with a regularly documented, tax return loan), and 15-year fixed is even at 5.44%.

"I love Alejandro. I have a good rapport with him. I met Alejandro a couple years back on a real estate project. That deal didn’t work out unfortunately, but I kept him in mind for several years. And I called him when I had a new scenario recently, and we got it done.  

“He is very professional and very personable. It’s rare to find that, I think. I find him very honest—he’s a really good guy. When I work with Alejandro, it’s fun and it feels like I’m working with a buddy.

A mortgage has 3 items that are directly under your control. 

Modifying any of these items:

• Changes your Rate

• Changes the amount of Interest you Pay

• Changes the duration of the Mortgage

The three items that are under your control and you can change are:

My wife and I recently took a short trip to The Netherlands, where she is from. I took the opportunity to compare the US mortgage market and the Dutch mortgage market. The Netherlands has the fifth largest economy in the European Union.

Interest rates recently dropped again significantly, and they are now the lowest they have been in 11 months.

Owning real estate has many benefits compared to other assets such as stocks, bonds or cryptocurrency. Real estate is a reliable method of growing wealth that has stood the test of time for thousands of years.

From the many articles I have read about how to buy a home, I have never encountered this information which I learned from experience.

Buying a home is not a commodity. It is not something fungible. It is not automatic, remote, virtual, effortless, dispassionate, technological or without your active involvement.

Today, I wanted to share something about the Bond Chart with you and how it relates to mortgage rates. Because the Bond Chart, not the rate set by the Federal Reserve, is the true key to understanding mortgage rates. 

Today I would like to take a moment to talk about selecting a good real estate agent.

It has been my experience throughout the years that people find it difficult to know whom they can trust with the sale or purchase of a home (or other real estate property), and how to determine if a real estate professional has the necessary skills to do a good job. 

When you are planning to make a real estate purchase, it is absolutely crucial that you know how to properly estimate the price of the home (or other real estate property) in TODAY’s market. You need this information not only to determine what homes you can afford and what you should offer, but also because the lender on your mortgage  will send their own appraiser to estimate the value of the property, and they will not lend you more than that estimated value. (If there is a difference, you will need to come up with the difference in cash.) 

Mortgage interest rates have been fluctuating recently. This is not talked about a lot in the media, but  in the last two weeks, there was a large dip in interest rates, followed by a large surge, and then a slight decrease again.  

In this email, I will explain what is causing these fluctuations, and more importantly, I will explain what you can do to catch the market at a good time.