Recent Articles
Jul
05
2024
05
2024
I'm Buying a House. Now What Do I Do?
Whether you are a first-time homebuyer or one that has many notches on your belt, it’s always great to know what to expect on the loan side of things when you are buying a home. There is A LOT that goes on behind the scenes, and below is a short summary of what to expect once you are in...
Whether you are a first-time homebuyer or one that has many notches on your belt, it’s always great to know what to expect on the loan side of things when you are buying a home. There is A LOT that goes on behind the scenes, and below is a short summary of what to expect once you are in...
Jun
04
2024
04
2024
Will the Election Affect Mortgage Rates?
As much as economists say that this upcoming election will not affect mortgage rates, the real answer is – heck yes - its very likely it will for a variety of reasons (and likely not the ones you are thinking of). And it’s not that if Biden wins that (long term) mortgage rates...
As much as economists say that this upcoming election will not affect mortgage rates, the real answer is – heck yes - its very likely it will for a variety of reasons (and likely not the ones you are thinking of). And it’s not that if Biden wins that (long term) mortgage rates...
May
07
2024
07
2024
The Housing Bubble Popped, and You Missed It
Mortgage rates have been over 6% for over a year and a half now (they passed 6% in September of 2022) and haven’t looked back. The folks that have been sitting on the sideline waiting for a housing bubble to pop, missed a very loud noise that eerily sounded like water, dish soap, and a...
Mortgage rates have been over 6% for over a year and a half now (they passed 6% in September of 2022) and haven’t looked back. The folks that have been sitting on the sideline waiting for a housing bubble to pop, missed a very loud noise that eerily sounded like water, dish soap, and a...
Apr
04
2024
04
2024
What is the Point to Paying Points?
A big shout out to fellow author, Arnie Aurellano at the Scotsman Guide for first reporting on the Freddie Mac data that came out in January focusing on paying points in order to buy down the rate on your mortgage. A quick “Mortgage 101” reminder of what the concept...
A big shout out to fellow author, Arnie Aurellano at the Scotsman Guide for first reporting on the Freddie Mac data that came out in January focusing on paying points in order to buy down the rate on your mortgage. A quick “Mortgage 101” reminder of what the concept...
Mar
01
2024
01
2024
How the Heck do Homebuilders Have Those New Lower Rates?
I’ve seen them. You’ve seen them. Driving up and down Interstate 5, or maybe on Highway 26 – do these new construction communities have access to a secret pile of money that they can loan out at rates that are a full 2% less than what other lenders have access...
I’ve seen them. You’ve seen them. Driving up and down Interstate 5, or maybe on Highway 26 – do these new construction communities have access to a secret pile of money that they can loan out at rates that are a full 2% less than what other lenders have access...