Here in California, it’s been a strange and bumpy few months in housing. At the beginning of the year, we were churning along with a lot of activity and rising home prices, looking like our housing momentum was continuing. Then came COVID-19 and our state locked down, throwing housing into a bit of a limbo […]
Rates Hit a New Low! Is Now the Best Time to Get a Mortgage?
30-year fixed rates fell to historic lows last week. But will that continue in this crazy marketplace? Last week, Freddie Mac announced their historic rate drop which brought 30-year fixed rates to an all-time low of 2.98%. This is the lowest ever recorded in their history. But we have seen consumer mortgage rates do some […]
Are People Still Buying Homes During COVID-19? The Answer May Surprise You
It’s summer and in a normal year, that means movement. Parents typically wait until summer to buy new homes and move because they don’t want to displace their children during the school year. But like everything in our lives right now, has COVID-19 had an impact on new home purchases? Surprisingly, it appears that home […]
Should You Refinance Your Home Right Now?
Are you looking to reduce your monthly payment? perhaps reduce your mortgage term from a 30-year mortgage to a 15-year mortgage? Are you looking to take advantage of your home equity and receive cash out to complete home improvements or pay off debt? These choices would depend upon your Life goals current budget, and financial […]
Stockton Mortgage Company Shares Tips If You Can’t Make Your Mortgage Payment
Today we are seeing so many of our clients being impacted and the economic implications of sheltering-at-home, furloughs and lay-offs. But help is available for those who need it. What is Mortgage Forbearance? If you are having difficulty making your mortgage payment during this difficult time, you may want to consider mortgage forbearance. This is […]
Refinancing Your Mortgage Amidst COVID-19 Crisis
In times of financial prosperity, people are optimistic about purchases and financing. Consequently, many people have ridden the swelling prosperity of the past few years with little urgency or regret. Unfortunately, we now see what can happen during times of great uncertainty and financial instability with the advent of COVID-19. Tapping into Your Home’s Equity […]
Why Do We Love Stockton? Let Us Count the Ways!
The news is full of depressing stuff. Yet, here in California, we live in one of the most beautiful states in the nation. This may be a great time to extol the virtues of our fair city with some of the reasons we love living here. The History Here in Stockton, we have deep roots […]
Important Practical Tips for Young Home Buyers
According to research, Rents have increased over the last few years, leading millennials to research the potential of home buying instead of renting, when rents begin to equal the average monthly housing payment it makes sense to buy rather than rent. for tax purposes you receive a $60 renter credit from the state and as […]
Is an FHA Mortgage Right for You?
If you are a first-time home buyer who is concerned about being able to qualify for a mortgage, you may want to consider an FHA mortgage. What is an FHA Loan? FHA loans are government-insured loans through the Federal Housing Administration although they are approved and administered by regular lenders that often offer conventional mortgages […]
The Important Advantages of Working with a Mortgage Broker
If you have been mortgage shopping lately, you know how confusing it can be. Should you consider a 30-year mortgage or a 15-year mortgage? Fixed or adjustable? What if you are having trouble qualifying altogether? You’re not alone. Chances are that you have come away from the experience overwhelmed and unsure about what to do […]
