14 Dec 2023 12/14/2023 – rates and early payoffs –... The Federal Reserve shut its mouth, and the numbers look good for lower rates for most of next year! YAY! After a flat CPI on Tuesday, the dot plot numbers hit yesterday, and rates got slightly lower, which is excellent news! With rates falling and likely falling again next year, this would be an […] Share on Facebook Share on Twitter
12 Dec 2023 12/12/23 – Reverse Mortgages and Condo list ... We are getting a slew of requests for Reverse Mortgages recently and are closing quite a few of them now. I was speaking with a lady last week, whose Hubby passed away in September. She has been living in their house and has a small mortgage, but she has gone through quite a bit of […] Share on Facebook Share on Twitter
7 Dec 2023 12/8/2023 – Mortgage Payment Down 12.75% We are all hearing that interest rates have fallen and will continue to go lower as the economy continues to underperform. Lower rates are good news for homebuyers, but please remember that these things don’t go in a straight line. More importantly, you need to be able to tell buyers what that means for them […] Share on Facebook Share on Twitter
5 Dec 2023 12/5/2023 I hope you are having a great week so far. By the way, it is not Christmas yet, so get to work! I got a couple of fallouts that fell in my lap between last week and today, and I wanted to explain the fixes and how simple they were. One buyer had […] Share on Facebook Share on Twitter
30 Nov 2023 11/30/23 -Mariposa Update and Loan Limits I am back in the office today, and I missed it! Here is a fun one for today, especially for those of you who show properties in the Santa Clarita Valley or other “severe fire areas.” The Mariposa condo situation is all cleared up, and the litigation is no longer a concern, BUT the insurance […] Share on Facebook Share on Twitter