President Trump has been all over the Federal Reserve pressuring them to lower interest rates since he took office in January. After the Fed Dropped their overnight rate a full percent the end of '23, they've been on hold. Tariffs, Immigration policies, sticky inflation, soft employment... The Fed ... » Learn More about Trump vs. the Fed: How Politics Could Drive Mortgage Rates Higher
Regulations and Laws
New CEQA Reforms Could Finally Unlock Housing Development
CEQA Reform: A Much-Needed Boost for Housing in California If you've ever wondered why housing in California is so expensive, or why it takes years just to get a shovel in the ground on a new residential project, much of the blame traces back to a 1970 law: the California Environmental Quality ... » Learn More about New CEQA Reforms Could Finally Unlock Housing Development
Need Better Rates? Start with a Better Credit Score
Credit scores are critical when it comes to qualifying for financing, whether it’s a mortgage, car loan, or even a new credit card. The higher the score, the easier it is to qualify and the better the interest rates you’re likely to get. Even a small difference of just a few points can have a real ... » Learn More about Need Better Rates? Start with a Better Credit Score
Reverse Mortgages Explained: Pros and Cons
I have several clients that are equity rich but cash poor. I receive referrals from Financial Planners to evaluate retirees’ options from the real estate finance side. Reverse Mortgages are viable options. Reverse mortgages have come a long way. What was once considered a “last resort” is now ... » Learn More about Reverse Mortgages Explained: Pros and Cons
Why the Credit Score You See Isn’t the One Used for Your Mortgage (or Car Loan)
When I qualify a potential borrower for a mortgage I always ask "How's your credit looking?" Better to know up front what we're dealing with as credit scoring is a major factor on what kind of loan program and interest rate we'll be working with. They may convey that they see a certain credit score, ... » Learn More about Why the Credit Score You See Isn’t the One Used for Your Mortgage (or Car Loan)