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…

8 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…

9 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…

1 year 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