Your Trusted Guide for Mortgages & Real Estate
I remember 2018 all too well, as it was one of the worst years in the history of the housing market! Values crashed as much as 30% in some areas, […]
We are getting questions about Assumable Loans again, as there are a lot of sellers with very low-rate mortgages selling homes in our current high-rate environment. If those sellers could offer their...
Barry Habib Hates CNBC’S Diana Olick! Mr. Habib is one of the macro pundits I cite very often because he is correct so often. “Hate” may also be too strong […]
Buyer Was Furious Because Her First Payment WAs Due One Month Sooner Than She Thought! We had a buyer who was very upset because her first payment came due a […]
I just read a blog by a mortgage underwriter in which she was explaining how loan officers are stupid because they are not explaining the benefits of “Permanent Rate Buydowns” […]
On Thursday, CPI (inflation data) came in lower than expected – and we saw one of the largest one-day rate drops ever. I of course blogged about it here: THIS […]
Inflation Came In Cool – Exactly As Barry Habib And Jeff Snider Predicted! In 2021, I told a group of mortgage bankers at a lunch how and why rates were […]
Rates fell yesterday as soon as investors digested the likely results of the midterm elections. As I often repeat, rates fall when investors expect the economy to weaken or when […]
“Jay, How Naïve Are You?” That was the response I got from a past client last spring when I was noting how higher interest rates had not yet impacted home […]
If you are one of the many homebuyers looking to qualify for an FHA loan to purchase a primary residence, you will need to get an appraisal. An FHA appraisal establishes the value of the property you...
I received numerous requests to put together a breakdown of how to read an upfront Loan Estimate (LE) as a reference to help analyze quotes or LEs from other lenders to: (1) avoid surprises; and (2)...
The Fed raised rates 75 basis points or 3/4% yesterday – so my rate quote at the bottom of this blog went from 6.0% yesterday to 6.75% today. FALSE!! THAT […]
That Time I Was Accused Of Fraud And Turned In To Regulators In the early 2000s, I got to know a roofing contractor really well. He was from Mexico and […]
My wife Heejin and I were looking at a property in Park City, Utah last year, and the agent explained to us how easy it would be to turn it […]
We are committed to reinventing the mortgage lending model in order to provide outstanding service, low rates, and some of the fastest closing times in the industry.
Resume from where you left off. No obligations.
