As underwriting guidelines for lenders become more stringent, we need to re-examine what a good mortgage application looks like. As you begin your search for a home, there are a few items that you should be aware of that will help get your loan approved - and with the best … [Read more...] about Guidelines for Your New Mortgage
California real estate
These numbers are truly amazing. It makes great financial sense to purchase a home today, and here's why. Look at the actual COST of a home right now compared to previous years. Residential real estate values have returned to 2003 first quarter prices. That in itself, says … [Read more...] about The Price Is The Same But The Cost Is Less
The big question on everyone's mind right now is; what's with these interest rates? Beginning on Thursday, May 21, rates began to move up, dramatically. They are now a full 1% higher than they were just a couple of short weeks ago. What's going on, and will they come back … [Read more...] about What’s with these mortgage rates?
Who's the Old War Horse? Why, me, of course. I've lived through so many up-swings and down-turns in the market - it's exhausting. In the early 80's when I was a stockbroker, rates were in the mid to high teens. The later 80's saw drastic changes in the real estate … [Read more...] about An Old War Horse