Jeff clarifies how rates are determined, citing the performance of the 10-year bond as a major factor, and why he feels we are in an artificial market due to the way the government buys debt. He and his guests talk about new purchases vs. refinancing, the issues surrounding appraisals, and which programs are most beneficial to their clients. Joining Jeff this week:

– Chris Groves of Groves Capital discusses the Real Estate market in the San Diego, CA area.

– George Gonzales from Malibu Funding shares the latest in both re-fi and purchase programs.