Will Biden’s Housing Assistance Plan Help Housing?
My son and I recently visited a fast-food restaurant in CA’s Central Valley where the new minimum wage laws ($20 per hour starting in April) had been implemented – and […]
My son and I recently visited a fast-food restaurant in CA’s Central Valley where the new minimum wage laws ($20 per hour starting in April) had been implemented – and […]
“I hope the stock market continues to boom because that means more money for down payments, a willingness to buy no matter what, and more appraisals for me…” I have a friend in the SF Bay Area...
There are about 1,460 active listings in the two counties near our SF Bay Area office – the lowest number I have ever seen … by far! (In contrast, there were almost twice as many at this time in...
This may be my most interesting blog of the year. In September I blogged about why I and so many analysts were so wrong about interest rates dropping in 2023: Why I Was So Wrong About Interest...
One of the biggest misconceptions our pre-approved buyers have is that the market is soft because of today’s higher rates. While it is a fact that today’s higher rates are keeping an enormous...
Slippery up and sticky down! Elevator up and escalator down! Those are the cliches we often hear about interest rates, and we’ve seen them play out in spades in recent weeks. Investors panic...
We had a borrower who did not want to lock his loan last week because he was convinced interest rates would fall further. But, instead of falling, rates actually rose almost 1/2% over the ensuing...
83% of consumers do NOT think now is a good to buy a house! But, at the same time, Fannie Mae’s Home Purchase Sentiment Index just hit its highest level since March of 2022! Fannie’s Home...
Rates fell again this morning in response to negative labor market news and positive productivity news. Initial and continuous jobless claims came in higher than expected today along with more layoff...
Are you curious about how to save money on your home loan? Have you heard about the possibility of buying down your interest rate but aren't sure what it entails or how much it costs? In the simplest...
The average interest rate was over 8.0% in October, and today it is under 6.7%, as rates fell again in response to weaker-than-expected employment data. Today is “Fed Day,” meaning that the...
Are you feeling weighed down by high interest rates and hefty monthly mortgage payments? Don't fret. JVM Lending is here to guide you through your journey toward the best way to lower your monthly...
GDP or Gross National Product was up an astonishing 3.3% for Q4 – and the “soft landing” (no recession) crowd is doing victory laps. This is extremely good news, as nothing reflects the health...
We have become experts at renovation loans, such as FHA’s 203k or Fannie Mae’s HomeStyle renovation loan. As a reminder, these are loans where plans and specs for improvements are submitted with...
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