13 Feb 2026 Mike’s Morning Mortgage Update – The D... Let’s start with the numbers. Santa Clarita ranks #1 in the nation for average household credit card debt, with households carrying roughly $21,000 – $22,000 in credit card balances on average. they are one of four California cities that are in the top 5 in the nation! That’s just credit cards. Layer in: Car payments […] Share on Facebook Share on Twitter
5 Feb 2026 Mike’s Monthly Mortgage and Real Estate Upda... Happy February! Wow… that was a fast month. January may officially be the fastest month of the year so far. I’m still shocked at how quickly it went! As always, I wanted to share a quick market update with you. And yes, please be on the lookout for my Christmas / New Year’s / Holiday […] Share on Facebook Share on Twitter
5 Feb 2026 Using a 1031 Exchange to “Move Up” Without Pay... A common situation we run into is this: A homeowner wants to upgrade to a larger “forever home,” but they also own a rental property they’d like to use the equity from for the new purchase. The problem? If they sell the rental, they may owe large capital gains taxes, and that tax hit can […] Share on Facebook Share on Twitter
3 Feb 2026 How Divorce Complicates a Mortgage Hi Everyone, So far this week, I’ve spoken with four buyers who are in the middle of a divorce, and each situation has been different. Honestly, I’m still sometimes shocked by what I hear about asset division and financial planning in divorce. As agents, you don’t need to be divorce attorneys, but there are […] Share on Facebook Share on Twitter
29 Jan 2026 Bridge Loans: How Buyers Are Winning Non-Contingen... As we head into the spring buying season, the market is starting to heat up, and clean offers are winning again. We’ve already seen multiple buyers get offers accepted simply by going non-contingent, using a bridge loan instead of selling first. Interest rates are also about 1% lower than this time last year, which has […] Share on Facebook Share on Twitter