Like it wasn’t difficult enough showing and selling properties with the Stay at Home order in place. Cal/OSHA just added another layer of complexity. Now a property must have a “through cleaning and disinfection of a property before and after each showing”. That means regardless of meeting the ... » Learn More about Another “New” Level of Complexity to Show a Property for Sale in California
Mortgage Bond Malfunctions Due to Federal Reserve Purchases Resolved
When the Federal Reserve first came into the bond market and applied their new Quantitative Easing purchasing bonds and mortgage backed securities adding liquidity to the financial market to counter COVID economic issues, it had an unintended consequence of disrupting the mortgage market. In a ... » Learn More about Mortgage Bond Malfunctions Due to Federal Reserve Purchases Resolved
Why the Low Mortgage Rates Today Are Still High, and How the Rates Can Still Go Lower
The attached chart of the rate spread between the 30 year fixed rate mortgage and the 10 year treasury note is a prefect visual and mathematic illustration on how today’s low mortgage rates are still high relative to where they should be historically, given other economic considerations. I’ve ... » Learn More about Why the Low Mortgage Rates Today Are Still High, and How the Rates Can Still Go Lower
Free Credit Reports Every Week Now From All Three Agencies
Generally the population can access a free credit report once per year from each of the three main credit reporting agencies: Equifax, Experian and TransUnion. But now according to the companies, they are making free weekly credit reports available to help people “protect their financial health ... » Learn More about Free Credit Reports Every Week Now From All Three Agencies
Video Giving Information on the How the Private Lending Industry is Being Affected Amist COVID-19
William Tessar, President of CIVIC on Private Lending industry amidst COVID from CIVIC Financial Services on Vimeo. This is a good explaination of how the backend of the mortgage industry, especially the non-QM and private lending space is affected by, and dealing with the economic issues created ... » Learn More about Video Giving Information on the How the Private Lending Industry is Being Affected Amist COVID-19