I'm Dan Frio, and I've spent 38 years in mortgage lending. The Rate Update started because most people shopping for a mortgage are handed a rate and very little else - no explanation of why it moved, what it costs them, or whether it's actually competitive.
So every weekday I publish a rate update on YouTube. What moved, why it moved, and what it means if you're buying, refinancing, or waiting. No hype, no predictions dressed up as facts. Over 40,000 people follow along.
How we work is simple. One application, one credit pull, and your file goes to more than 30 lenders. You see where your loan actually prices instead of taking the first offer and hoping. Same file, same day, real comparison.
We handle purchases and refinances, FHA, VA, USDA, jumbo and conventional, reverse mortgages, and investor financing from a single rental up to 8 unit buildings on lease income - a range most lenders stop short of at 4 units.
Not every loan is a fit, and I'll tell you when one isn't. If a different lender or a different product serves you better, you should hear that from me before you sign anything. That's the whole idea behind The Rate Update: clear, honest and affordable, in that order.
