Credit Inquiries and FICO Scores
Can credit inquiries hurt FICO scores? The short answer is yes. Racking up large numbers of inquiries can lower your score. The FICO models consider them significant because extensive behavioral...
View ArticleRefinance Program HARP 3.0?
The buzz on Capitol Hill is that Congress is considering a bill dubbed “Responsible Homeowner Refinancing Act of 2012” – HARP 3.0. The bill is designed to streamline the refinancing process for...
View ArticleHistoric Housing Market and Mortgage Rates
Clearly the housing market is turning around as prospective homebuyers are taking advantage of close to record-low mortgage rates and lower home prices, encouraging signs the industry is healing after...
View ArticleEverybody Loves These Loan Programs
We wish everyone a happy and properous 2013. As we approach spring home buying season and interest rates continue to trend higher, the following programs may be beneficial to you or your friends &...
View ArticleMarket & Product Update (March 07, 2013)
The US housing market is in the midst of a robust recovery aided by low interest rates, pent up demand, an increase in cash buyers, low inventory and rising prices. It’s the perfect combination of...
View ArticleThree Reasons to Refinance Now
If you are on the fence about refinancing, below are three good reasons you should consider: Home Values: Median values in California have increased rapidly this past year. The median home price of a...
View ArticleCA Housing Market Overheating?
Southern California home prices increased more than 28% compared to a year ago this time. The dramatic 28% plus jump was greater than any year-over-year increase during the housing boom and the most...
View ArticleRefinancing Still an Option for Some
If you have been unable to refinance during the past 5 years due to a lack of equity, you may be able to do so now due to increases in home values over the past several years. Home prices in California...
View ArticleShopping For a Mortgage? Ask…
You have many choices when applying for a home loan. Some lenders have begun advertising that they offer substantial credits to their customers — some in the $2,000 to $5,000 range. This is nothing new...
View ArticleFresh Approaches to Private Residential Real Estate Lending
We are beginning to see paradigm shifts in housing finance. A few new companies are bringing fresh approaches to private residential real estate lending and the programs are geared to those who have...
View ArticleAnother Opportunity to Refinance
Just a quick update… This past week has been very unusual for mortgage rates – Mortgage rates defied odds and edged down to the lowest point in seven months, even as some economic reports show that the...
View ArticleSurge in Home Equity Spurs Refinances
Many of us associate the term “cash-out refinance” with the risky consumer behavior during the real estate boom, when some homeowners turned inflated home values into money machines, leveraging their...
View ArticleHas Housing Reached an Inflection Point?
The US housing market continues its recovery aided by low interest rates and low inventory, however, some suggest that housing has reached an inflection point, given that most homes in the US are at or...
View ArticleHousing Market Sizzles
As the Summer drags on, some housing markets in California and the US continue to sizzle. Flattery is a tried-and-true negotiating strategy, but some homebuyers in hot markets are coming up with...
View ArticleWhat the Fed Rate Hike Means to you?
We wish everyone a happy and safe holiday season and thank you for your continued support and referrals, we sincerely appreciate them. Today, eight years after a devastating recession opened an era of...
View ArticleMortgage Rates Drop…
Mortgage costs and rates were expected to climb after the Federal Reserve raised its benchmark lending rate in December, but mortgage rates for 30-year loans fell to the lowest level since late April...
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