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)
San Fernando Valley Real Estate Trends: May 2025
Let’s just say May didn’t pull any punches when it came to shaking up the San Fernando Valley housing market. Whether you’re a buyer, seller, or just watching from the sidelines, the numbers speak loud and clear there’s plenty shifting beneath the surface. Condominiums: Sales Cool, Inventory ... » Learn More about San Fernando Valley Real Estate Trends: May 2025
Mortgage Rates, Inflation, and a Whole Lot of Uncertainty
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