Mortgage Information

Mortgage Reform that could unleash the next Big U.S. Stimulus

The Financial Times / Meredith Whitney reported that Freddie Mac wants to enter the secondary home equity loan market in…

10 months ago

How’s the Market? Don’t Wait!

Don't wait!  Mortgage Rates remain high and it is unlikely rates will drop this year. Real Estate experts are urging…

10 months ago

What You Should Know About Interest Rates

In 1971, the interest rate for a mortgage was 7.33%. If you waited for interest rates to go down, you…

1 year ago

OCTOBER HOME SALES & MARKET TRENDS

The Santa Barbara Real Estate market continued to reflect trends that have been with us all year: relatively few homes…

1 year ago

Want a 3% Mortgage Rate?

Would you like a 3% Mortgage Rate? An Assumable Loan might be something to consider. Assumable loans are loans where…

1 year ago

Zillow’s 1% Down Loan Program Will Destroy the Housing Market, or not…

In the movie The Big Short there was a scene in which a stripper bought multiple investment condos. She was…

1 year ago

What’s Up with Mortgage Rates?

AUGUST 23, 2023 The current average interest rate for the benchmark 30-year fixed mortgage is 7.61%, rising 6 basis points…

2 years ago

Mortgage Rates & the Housing Market

We are in one of the most foundationally strong housing markets of our lifetime because homeowners are going to fight…

2 years ago

What’s UP with Mortgage Rates?

Mortgage rates continue to hover around seven percent, as the dynamics of a once-hot housing market have faded considerably. Unsure…

2 years ago

How to Make an All Cash offer without “All Cash”

A new company has come up with a way to make an all-cash offer even though you need a mortgage.

2 years ago