More recession talk

With the stock market high and the interest rates still historically low, it is a great time to buy.  In out market (Fresno area) the inventory is low, however house prices are not improving in comparison to previous years.  My suggestion if you are looking, is to get prepared in advance before you see something… [Read More]

Are we headed for recession?

As we creep to the end of the 3rd and start of the 4th Quarter the fed will be lowering rates once again.  Check out the economy update from Elliot Eisenberg and just disregard the talk about the Loan Officer Symposium.

Conforming Mortgage Loan Limits Increase

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12/4/2018 On November 27th the Federal Housing Finance Agency raised the maximum conforming loan limits on mortgages.  This is the third year in a row that the maximum conforming loan limits have been increase, after being stagnant for the 10 years prior.  The new conforming loan limit has moved up 6.9% to $484,350, from $453,100. … [Read More]

Fixed Mortgage Rates or Adjustable Mortgage Rates?

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Fixed rates or adjustable rates? Fixed rates or adjustable rates? What’s the difference between these terms and how do they affect you? It’s a question you may be asking as you begin thinking about your home loan process. What is Your Mortgage Interest Rate? Interest is the fee charged for borrowing money. Your initial mortgage… [Read More]

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