The United States is facing a dire fiscal situation, with a federal debt that has exceeded $33.7 trillion as of November 11, 2023. This staggering number equates to over $100,000 of debt for every single person in America. The debt servicing is presently $1.8 Billion per day. (Note this is not ... » Learn More about How The US Debt Affects Mortgage Rates
housing affordability
Mortgage Rates Still Over 7%, the Fed, and Housing Affordability
The Standard 30 Year Fixed Rate Mortgage still hovers above 7%. With the Federal Reserve's ongoing debates about whether to maintain the 5.25% Fed Funds Rate or raise it another 0.25% at their upcoming meeting, prospective homebuyers and current homeowners are faced with some tough decisions. ... » Learn More about Mortgage Rates Still Over 7%, the Fed, and Housing Affordability
Questions For Homeowner’s Associations, and Information You Need To Know Before Buying
Understanding elements when buying, or owning a property under the jurisdiction of a Homeowner's Association (HOA) is critical. This is way more than "How much are the HOA dues?" It can affect quality of lifestyle, or the economic viability of the unit. I always tell buyers when you own a ... » Learn More about Questions For Homeowner’s Associations, and Information You Need To Know Before Buying
Key Interest Rates, Mortgages, and the Federal Reserve’s Ongoing Actions
As the economy continues to recover from the impact of the pandemic, the Federal Reserve is taking measures to address inflation and manage economic momentum. With expectations of another 0.25% increase in the Fed Funds Rate, we are witnessing a gradual shift away from the 0% rate of April 2022. In ... » Learn More about Key Interest Rates, Mortgages, and the Federal Reserve’s Ongoing Actions
Insurance In California, The Mess Explained
I usually only blog original content but I'm snagging some information conveyed by my friend Laine Caspi - Insurance Agent/Agency Owner at Paratus Insurance Services that's relevant to the insurance issues in California. There's banter about the insurance companies being greedy, but what we do ... » Learn More about Insurance In California, The Mess Explained