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)
economics
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
San Fernando Valley Real Estate Snapshot April 2025
What the Latest Numbers Say About Where We’re Headed Even with interest rates still hovering higher than we'd like, the San Fernando Valley housing market isn’t standing still it’s shifting. Inventory is building, buyer behavior is changing, and the numbers from April 2025 tell a story. Condo ... » Learn More about San Fernando Valley Real Estate Snapshot April 2025
The Hidden Costs of Homeownership (And How to Plan for Them)
Most people buying a home focus on the obvious costs—the down payment, the loan, and the monthly mortgage. But what often doesn’t get enough attention are all the other expenses that come with owning and keeping a home in good shape. Whether it’s your first home or your fifth, these “hidden” ... » Learn More about The Hidden Costs of Homeownership (And How to Plan for Them)