Mortgage rates have been on a wild ride the past few years, and we’re still not back to anything close to “normal.” As of mid May, the 30-year fixed rate is hovering around 6.92%. That’s down from the peaks in late 2023, but still double what we saw back in 2021. So where are things headed? It’s ... » Learn More about Mortgage Rates, Inflation, and a Whole Lot of Uncertainty
Mortgage Rates
Mortgage Rate Update April 17 2025
The financial markets have been chaotic lately. The treasuries and mortgage backed securities have had huge swings within hours of a tweet from the White House. Tariffs and the possibility of inflation can push rates higher… meanwhile Inflation eased in March, with the headline Consumer Price Index ... » Learn More about Mortgage Rate Update April 17 2025
San Fernando Valley / Los Angeles Real Estate: Trends Shaping the Market in March 2025
There are numerous elements interacting right now that are shaping the San Fernando Valley and Los Angeles real estate markets. Some key factors include inventory levels, interest rates, government-imposed tariffs, layoffs, wildfires, insurance, and HOA issues. Let’s break down some of this. For ... » Learn More about San Fernando Valley / Los Angeles Real Estate: Trends Shaping the Market in March 2025
Mortgage Rate Update, Tariffs, Inflation, and Debt: The Key Factors Driving Mortgage Rates
The financial markets and mortgage rates have experienced significant volatility over the past year. A quick glance at the 30-Year Fixed Mortgage chart reveals a fluctuation of approximately 1.5%—with current rates sitting in the middle of this range. Recent Consumer Price Index (CPI) data indicates ... » Learn More about Mortgage Rate Update, Tariffs, Inflation, and Debt: The Key Factors Driving Mortgage Rates
FHA’s 203(h) Mortgage Insurance for Disaster Victims program
Experiencing the devastation of losing a home to a wildfire is an unimaginable hardship. In such times, understanding the resources available can be a beacon of hope. One such resource is the FHA's 203(h) Mortgage Insurance for Disaster Victims program, designed to assist individuals in rebuilding ... » Learn More about FHA’s 203(h) Mortgage Insurance for Disaster Victims program