This topic is something I never thought I would talk about, but I’ve had a lot of questions about it lately & it needs to be addressed. Today I want to share information about Loan Level Pricing Adjustments (LLPAs). What is an LLPA? For sake of what we are talking about today, we are only […]
Down Payment Myths… It’s Not as Hard as You Think!
A report from the National Association of Realtors talks about the myths of down payments. It’s interesting to understand that down payment requirements for buying a home might be lower than you realize: Additionally, there is down-payment assistance programs that can help. Do You Need Money for a Down Payment? The truth is that in […]
Homeowners Have 40 TIMES the Wealth of Renters
The National Association of Realtors recently released some interesting information. They say that homeowners build 40 times the amount of wealth compared to renters. Real Estate is Generating Wealth You’ve heard me talk about this topic often in my videos: that real estate is generating a lot of wealth than any other asset. You buy […]
Housing Up, Inflation Down – Things are Right on Projections
On the mortgage front this week, inflation numbers came out this morning. CPI is still trending lower, which is a good sign. You can see in the chart below: our high was 9.1%, now we are down to 5% on the headline number. This is a significant improvement! Of course, it’s still too high, but […]
Fannie Mae 102-4
102-4 represents where the Fannie Mae mortgage bond closed yesterday. While the vast majority of the general public (including me, until I really began studying the interest rate markets) has absolutely no idea the significance of this number, it represents a very important decision point for buying a home or deciding on whether now is […]
The Fed Gives More Medicine, But is the Patient Already on Life Support
It’s Fed Day again, and they administered another 25 basis points of “medicine” to the economy. You’ve heard me talk about Barry Habib in the past. He gave the greatest analogy. He has been talking about how if you aren’t feeling well, then the doctor will give you medicine. 5 minutes later, if you’ve still […]
Chart Shows Prices Stopped Falling in February
In today’s video, we are looking at a chart to take a closer look at what is happening with home prices. I’ve showed this chart before, and this time we are looking at a zoomed in part of it. This piece shows 20 years of housing price data. Real Estate Prices Have Been Coming Down […]
Reason 942 Why Holding Real Estate Makes Great Sense
Reason 942 to own real estate: it’s insurable to the full value of the asset, unlike assets held in the bank which are insured up to $250,000 unless the Feds step in and back up everything else. (And I don’t say this lightly). Real Estate is a Hard Asset In all seriousness… real estate is […]
International Women’s Day: Celebrating the Women in Your Life
Today isn’t just a typical Wednesday… it’s International Women’s Day! It would be easy to wonder why Bill (the mortgage dude) cares about today. In my world, it means a lot because of the women in my life. My Beautiful Wife and 4 Amazing Daughters It all starts with my wife: she’s a beautiful, strong, […]
New Product – Jumbo, High Balance, and Conforming Loan amounts with amazing rates!!
We recently rolled out a new product for high balance and jumbo loans – basically anything over the conventional limit. We are so excited about this option because the interest rates are great. Obviously, interest rates are driving everything right now. New Adjustable Rate Options These are full-doc jumbo products. But we are seeing adjustable […]
- « Previous Page
- 1
- …
- 15
- 16
- 17
- 18
- 19
- …
- 23
- Next Page »