Have you started thinking about the holidays yet? Just thought I’d let you know Christmas is 64 days from today! Now that you’re freaking out about that…you won’t even notice that mortgage rates crept a little higher last week as we saw a bit of a reversal of the trend of lower rates we’ve enjoyed
Hope your week is off to a great start! Some good news here about mortgage rates…according to the latest survey of average rates released by Freddie Mac, both the 30-year and 15-year continued to drift lower last week to levels not seen since October 2016. Even with Friday’s stinker of a Jobs Report, unemployment remains
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
All you need to know about the latest mortgage rate and housing trends The stock markets are trending toward a little more safety and conservatism since the last Fed Meeting where the Members expressed some concern over the prospect of slowing growth in the economy. Yet, the economy is still cranking out new jobs and
Shutdown Strategy Well, hello there! Happy New Year and welcome to 2019. Yes, I know we’re quite a ways into the month but I wanted to pop in and offer you a look at the markets and how we’re ‘strategizing’ for our clients around this government shutdown. (No worries…this is still a ‘no politics’ zone;)
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
Do you wonder if you are in the right mortgage program for this stage of your life? It’s a smart financial question to ask, especially with rates rising and home appreciation rates increasing every year. As you know, I love to look out for my clients’ best interests and a chance I had recently to
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,
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
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
