Thank you economic weakness in Europe and the China tariff fears, the long end of the interest rates have dropped to their lowest level since 2017. The short end of the rate curve, not as much.
The property values are up substantially since 2011, which gives the gift of equity to the owners of the real estate. All the consumer loans like credit cards and home equity lines are tied to indexes that are staying high.
There may be a lot of numbers to crush, especially if you’re dealing with credit card debt, private mortgage insurance, college debt (present or future), or just want to pay off the mortgage earlier… Timing is everything. If you or somebody you know is curious if the numbers makes sense, call me. I’ll help maneuver the financial waters.
If you are in the Los Angeles area, have any questions or real estate sales or financing needs, feel free in contacting me.
Ron Henderson GRI, RECS, CIAS
President/Broker
Multi Real Estate Services, Inc.
Gov’t Affairs Chair – California Association of Mortgage Professionals (2017-2018)
Chairman – OutWest Marketing Meeting (Real Estate Education)
BRE #00905793 NMLS #310358
www.mres.com
ronh@mres.com
Specialist in the Art of Real Estate Sales and Finance
Real Estate market, mortgage rates, Los Angeles, San Fernando Valley, Conejo Valley, Simi Valley, Woodland Hills, West Hills, Calabasas, Chatsworth
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