Why I Still Love Stocks – Despite the Looming Crash
I have blogged about a potential stock market crash or at least a substantial correction many times. I still think the stock market will correct, and it will likely do so this year** – but I...
Your Trusted Guide for Mortgages & Real Estate
I have blogged about a potential stock market crash or at least a substantial correction many times. I still think the stock market will correct, and it will likely do so this year** – but I...
Will my lender allow me to split my lot after I purchase? This is another question we frequently hear from borrowers who buy homes with large lots or who buy homes in areas where cities and counties...
The disease is called Gell-Mann Amnesia and it is costing you far more business and goodwill than you can possibly imagine. And worse – we ALL suffer from it! I will explain why, but I want to...
A borrower almost left us recently for another lender that was offering a $1,000 credit for closing costs – because … WOW! $1,000! BUT.. that lender also offered that same […]
The Fed held the Fed Funds Rate steady this month – which was no surprise. The big surprise was that it announced that we’d see 3 rate cuts this year […]
Jerome Powell is terrified of having an Arthur Burns legacy. So, he’d much rather push the U.S. into a severe recession than risk cutting too soon – and re-igniting inflation. Yes, recessions and...
Everyone (and I mean EVERYONE) has been in a tizzy over NAR’s settlement of the Sitzer/Burnett (Broker Commission) case. But – it may actually be good news for many brokers and agents – and I...
The two biggest risks facing the world today involve real estate. It is ironic because this blog is all about real estate and why I love it so much as an asset class. But, this blog focuses on U.S....
We lost a borrower during the pre-approval stage to another loan officer (LO) who quoted an “estimated” interest rate that was 1/4% lower than ours. We tried to explain to the borrower that LOs...
To be in the top 10% of the wealthiest Americans, you only need a net worth of $854,00, per Yahoo Finance (this is pretty much everyone who owns a home in CA). The top 5% have net worths of $1...
As a first-time homebuyer with limited savings for a down payment, navigating the world of mortgages can be daunting. Thankfully, there are options available to help low-to-moderate income borrowers...
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 […]
Figuring out how much of a down payment you need to buy a $300k house can be overwhelming. This guide will break down your down payment, income needs, and everything in between so you can start your...
Hot jobs reports can push rates way up, but they should not be trusted. The actual data surfaces sooner or later, and rates adjust back downward. Sometimes it takes a day or two, and sometimes,...
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