Loan Level Pricing Adjustments & Credit Bank Changes- What You Need To Know

On May 1, Fannie Mae and Freddie Mac made changes to loan-level pricing adjustments (LLPAs) that have been applied to conventional loans since the Great Recession. Most conventional mortgages that lenders want to sell to Fannie and Freddie will now be subject to the new fees. The fees don’t apply to first-time homebuyers with qualifying income that’s […]

New measures that cut the cost of FHA mortgage loans roll out in March

The reduction could save 850,000 homebuyers and homeowners who have Federal Housing Administration loans an average of $800 this year. A For Sale sign in front of a home Wednesday in Miami. Joe Raedle / Getty Images ARTICLE FROM: NBCNEWS The Biden administration has announced new measures it says could help make buying and owning a home […]

Is the Shifting Market a Challenge or an Opportunity for Homebuyers?

If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars which drove home prices up as buyers competed with one another to be the winning offer. But what was once your greatest challenge may now be your greatest opportunity. Today, data […]

Don’t Let Rising Inflation Delay Your Homeownership Plans

If you’re thinking about buying a home, experts say owning a home is historically a good hedge against inflation. Let’s chat if you are ready to start the home buying process today. Just send me an email or call 619-888-2117.

JUST LISTED: SOUTH PARK OPPORTUNITY!

1820 29th Street, South Park 3 + 2 Optional BR, 2.5BA I 2,208 ESF Offered at $1,300,000 SUPER SOUTH PARK OPPORTUNITY! Transform this large two-story property into a dream home or perhaps income producing units. Please review the floor plan in the documents section to get a feel for the flexible layout. The upper level (interior photos) […]

How To Approach Rising Mortgage Rates as a Buyer

In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. While that news may have you questioning the timing of your home search, the truth is, timing has never been more important. Even though you may be tempted to put your plans on hold in hopes that rates will […]

Will Mortgage Rates Remain Low Next Year?

In 2020, buyers got a big boost in the housing market as mortgage rates dropped throughout the year. According to Freddie Mac, rates hit all-time lows 12 times this year, dipping below 3% for the first time ever while making buying a home more and more attractive as the year progressed (See graph below):When you continually hear how rates are […]

Today’s Buyers Are Serious about Purchasing a Home

Today’s homebuyers are not just talking about their plans, they’re actively engaged in the buying process – and they’re serious about it. A recent report by the National Association of Home Builders (NAHB) indicates: “…. Of American adults considering a future home purchase in the second quarter of 2020, about half (49%) are not simply planning it, they are actively engaged […]

How Technology is Helping Buyers

If you have questions on how to price your home, let’s connect today to discuss your real estate needs and next steps. Just send me an email or call 619-888-2117. I can help.

5 Unwritten Rules Home Buyers Might Not Even Realize are a Big Deal

If you’re looking to buy a house, you’re probably eager and excited. That’s fine, but just keep in mind that in this heightened emotional state, it’s easy to get swept up in the moment and behave, well, not perfectly. This can lead to trouble since, just like anything else, buying a home comes with its own […]