Category Archives: Rates News

What to expect in Q4 for Markets and Mortgage Rates

Well, here we are…in October! We’ve turned the page to a new season and a new quarter. Now that the peak home buying season has cooled, like the crisp, fall air, I thought it would be a good time to share with you some of my thoughts on what’s happening in the markets and what

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How the New Tax Reform Law Affects Homeowners

How confused have you been over the new tax law? While it was making its way through Congress it seemed like we heard different stories everyday of what awful or wonderful things would befall us once it was passed. Then, by the time it was signed into law by President Trump on December 22nd, we

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Housing Outlook

Outlook for Housing & Mortgage Market for 2018

Interested to know what’s expected for the new year in terms of real estate and mortgage rates? Me too! I’ve been reading up on what the experts I respect see happening in the new year and one foundational theme I’m seeing is that we could see some shifting and changing in housing and mortgages in

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So.Cal Housing Market Report

As the summer peak homebuying season winds down, now may be a great time to consider buying a home, especially if you have been waiting on the sidelines during this super-busy summer season. Here’s an update on the housing market here in California and our outlook for fall. First, let me note that mortgage rates

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Q&A: How can I get a lower rate?

One of the questions I hear from clients most often is ‘how can I get a lower rate on my mortgage?’ It’s a great question and one of the most important ones to ask before you sign on for a long-term mortgage. The good news here is that there are numerous ways that you can

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Fed raised rates, mortgage rates moved lower. Say what?

Since my last post in mid-March we’ve seen some interesting developments in the mortgage market, namely that since the Fed raised its key interest rate, mortgage rates actually improved some, dropping to the lowest levels all month. It was certainly a nice gift! Let’s recap what’s been happening. So, back on March 15th the Federal

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Fed likely to raise rates this week. What’s the play for you?

This Wednesday, on March 15th, the Federal Reserve Board (‘The Fed’) will meet, and all signs point to them voting in favor of raising the Fed Funds Rate, a key interest rate. What does this mean for you? First, remember that they don’t literally raise mortgage rates but their actions affect the direction of stock and

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Welcome Spring! Peak home buying season is here!

What are rates doing this week as we usher in the spring home-buying season?According to to Len Kiefer, deputy chief economist, Freddie Mac: “The average 30-year fixed mortgage rate fell to 3.78 percent this week following mixed housing data. Housing Starts dropped 17 percent to a seasonally adjusted pace of 897,000 units, below market expectations. However, housing permits

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