Listen up…or read up…if you are a California homeowner, you need to know that the median price of homes in Cali is up 34 percent! This is the highest recorded annual home appreciation rate since 2013. What does this mean for you? If you are currently paying Mortgage Insurance as part of your monthly payment,
You may have heard news headlines over the past month or so that mortgage rates have been rising. If this has you worried about your plans to buy a home over the next few months, let’s talk facts. The truth is that yes, rates have risen, but only slightly, and they remain lower than they
So often I hear from first-time homebuyers that they are either unsure or downright scared of their credit score and what it might be. Well, in this article I want to demystify it all for you so that we can chase away that uncertainty and fear away with knowledge. We’re going to go through what
Recently I got a call from and 85-year old client that needed my help. She didn’t have money to buy groceries. Wow, it’s not often that I’m called on in these types of situations, but I was glad to help her. But, how did she get into such a bad situation? Her husband had passed
Despite the financial market churnings recently, I’m seeing and hearing from others I talk to in real estate that the home buying season is heating up…now. We’re seeing a high volume of buyer activity. I’ve been receiving lots of borrower inquiries and doing pre-qualifications. I don’t have any data to back this up quite yet,
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
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
Consider this, you’ve come to your target retirement age, have raised your children, paid for college and weddings, worked tirelessly, saved endlessly and now you’re looking forward to finally kicking back and enjoying life in your golden years. Except there’s a problem: you don’t have enough savings and retirement income to support the lifestyle you
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
