JVM’s Blog

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How Mortgage Points Work

The purchase of a home is often the biggest investment someone makes in their life. With this being such a large financial decision, home buyers must know all the tools at their disposal that can...

December 28, 2022 6 min read

How To Buy A Condo In California

If you’re thinking about buying a condo in California, there are a few things you’ll need to know. This blog post will cover the basics of purchasing a condo in the Golden State, from financing...

December 28, 2022 6 min read
How To Buy A Condo In California

When Do Mortgage Pre-Approval Letters Expire?

There is a lot of work behind the scenes for a mortgage pre-approval when you are buying a home. While you, as a borrower, are just submitting an application and some financial documentation, loan...

December 24, 2022 5 min read

Inflation DOWN; Rates UP; What Gives? Housing Inventory Still Tight

15 Degrees Last Night in Austin, TX This has nothing to do with mortgages, but I have to share it because I find it so interesting.  Austin saw a low […]

December 23, 2022 3 min read
Inflation DOWN; Rates UP; What Gives Housing Inventory Still Tight

How Much Income Is Needed to Buy A Home?

If it is your first time purchasing a home, one of the first questions you probably have is “how can I qualify to buy a house?” or “what can I afford to spend on a house ?” There is no single...

December 23, 2022 7 min read
How Much Income Is Needed to Buy A Home?

83% Of Homebuyers Believe It Is a Bad Time to Buy; What To Do?

* 83% of homebuyers in a recent University of Michigan survey believed it was a bad time to buy a home right now….. the lowest in 60 years! Has social […]

December 22, 2022 2 min read

Understanding Compliance in the Mortgage Industry

For many people, buying a home is the most important financial decision of their lives. It can also be one of the most confusing processes to navigate. One aspect that often causes confusion is...

December 22, 2022 5 min read

House Hacking On Steroids!

Closing 300 Transactions per Year – For Investors We work with an agent who plans to close 300 transactions in 2023 – focusing exclusively on investors. He is extraordinarily focused […]

December 21, 2022 3 min read
House Hacking On Steroids!

Loan Buybacks Are Surging and DANGEROUS!

Russian Mobster Sending Me Lots of Business Around 2004, an agent referred a Russian gentleman to me for a purchase. He was very wealthy, very well-dressed, very polished, very serious […]

December 19, 2022 4 min read
Loan Buybacks Surging and DANGEROUS!

6 Reminders for Depressed Real Estate Agents

A prominent loan officer who has been meeting with multiple real estate agents recently told me that he has never seen so many “depressed real estate agents.” They are depressed […]

December 16, 2022 4 min read

Why DEFLATION Is Now Likely and SO SCARY!

HERE’S WHAT’S SCARY: MY NEIGHBOR WAITING TO BUY HIS MERCEDES! You have no idea how scary that is! My neighbor grew up poor in Boston, played college football at the […]

December 15, 2022 4 min read
Why DEFLATION Is Now Likely and SO SCARY!

Inflation Down; Rates Down & More To Come; The Fed Does NOT Control Interest Rates

Inflation (CPI) reports came in lower than expected yesterday – and that pushed rates lower because inflation expectations are probably the biggest single driver of interest rates. According to...

December 14, 2022 4 min read
FRED Interest Rate Chat for 2022

Commercial Banks Pulling Out Of Jumbo Market; Why & What It Means

Commercial banks are pulling out of the jumbo market rather suddenly – after dominating it for the last year or so. The question is why and what does it mean? […]

December 12, 2022 3 min read
Commercial Banks Pulling Out Of Jumbo Market; Why & What It Means

No Down Payment, No Problem (Down Payment Assistance Programs)

When Boomers Are Wrong… For years, I downplayed the efficacy of down payment assistance programs, saying they were too slow to close, too expensive, and/or too off-putting for sellers (so […]

December 9, 2022 2 min read
No Down Payment, No Problem (Down Payment Assistance Programs)
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