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Posts Tagged ‘Mortgage Loan Officer California’

OCTOBER 2023 – RESIDENTIAL HOUSING MARKET UPDATE

Mortgage rates continue to rise, and inventory continues to decrease. The Federal Reserve will be meeting again on November 1st and the uncertainty on whether they will raise rates or not is causing mortgage rates to trend higher. Mixed messagi...

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SEPTEMBER 2023 – RESIDENTIAL HOUSING MARKET UPDATE

I couch U8 girls soccer and one of the things I say to keep them focused is, "If the ball is moving, you're moving." The game strategy is always changing based on the location of the soccer ball, and in many ways, the housing market is the same...

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Mortgage Rates: Past, Present and, Possible Future

If you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates. Since mortgage rates impact what you can afford when you take out a home loan – and affordability is a challenge today – it’s a goo...

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August 2023 Residential Housing Market Update

The bond market rallies as job reports come in lower than expected. When the bond market rallies so do mortgage rates, which are coming off a 20-year high. In a market that is always moving we welcome positive news.

If you're looking to buy ...

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DON’T EXPECT A FLOOD OF FORECLOSURES

The rising cost of just about everything from groceries to gas right now is leading to speculation that more people won’t be able to afford their mortgage payments. And that’s creating concern that a lot of foreclosures are on the horizon. ...

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WHAT HOMEBUYERS NEED TO KNOW ABOUT CREDIT SCORES

Your Credit Score
If you’re thinking about buying a home, you should know your credit score’s a critical piece of the puzzle when it comes to qualifying for a home loan. Lenders review your credit to assess your ability to make payments on...

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APRIL 2023 RESIDENTIAL HOUSING MARKET UPDATE

What do home sellers and homebuyers need to know in the current market?
Mortgage rates are currently on a downward trend and economic indicators suggest that trend could continue. The Federal Reserve is meeting on May 3rd and the market is exp...

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What You Need to Know About Pre-Approval

One of the first steps in your homebuying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. Business Insider explains:
“In a preapproval [s...

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MARCH 2023 – RESIDENTIAL HOUSING MARKET UPDATE

What the heck is happening to the housing market?
We’ve got bank crisis, inflation is increasing, the job market is holding strong, what does this mean for the housing market and for residential real estate? So, we’ve got a lot of things t...

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