▶ VideoOur topic for today is ending a toxic relationship with your interest rate. My daughter just bought a new house a few months ago, and she told me that she’s not loving her interest rate. She mentioned the meme that we’ve all heard a million times since the interest rates started running up: marry the…
▶ VideoThis morning, the Consumer Price Index (CPI) came out. This is one of two main reads on inflation that comes out every month – the 2nd most important to The Fed. There are a few things I want to point out about these numbers. Inflation Trends are Looking Good First, The Fed is driven by…
▶ VideoIt’s been a wild ride in the financial markets in the last few days. Equities markets saw a huge nose-dive, and we’ve seen a pretty good snap back… but we aren’t back to where we were. Of course, that has some impact on bonds and mortgage rates. So, many people are asking: what is going…
▶ VideoToday was Fed Day: a 2-day meeting that happens every 6 weeks. They announced that there will be no change in rates this time, but they are definitely making it sound like there is room for changes in September. There were a lot of questions in the press conference, and he is continuing to say…
▶ VideoI want to thank Barry Habib for this topic inspiration, although I’m putting my own spin on it. There has been a lot of talk lately about why rates are so high. Inflation has been to blame, and The Fed has also been talking about how the employment rate has been so strong – so…
▶ VideoI’m starting to wonder if we are reaching the point in the market where we might actually start to see things turn around? A few signs that I’m seeing: It’s all About Supply and Demand First, looking at the gold standard for what is going on with rates: everyone tracks Freddie Mac, and we are…
▶ VideoEvery election cycle, the same topic often comes up: everyone is saying that it is best to wait until after the election to buy a house. I have been in the business for almost 25 years, and I see this conversation come up every time. Let’s Look at Historical Data So, I decided to dive…
▶ VideoLet’s talk about some updates regarding the topic of real estate commissions. Yesterday was the day that the administrators here in California set to start using the new forms that address the changes in commissions. Apparently, the Department of Justice has contacted California asking the state to hold off before memorializing the changes in these…
▶ VideoI don’t get this question too often, but it’s come up a few times recently: Should I be putting extra money towards my mortgage to pay it off? When is the best timing to do this? Do This First Before Making Extra Mortgage Payments My answer is there are only a few circumstances where I…
▶ VideoThis week I came across an article talking about how the Biden administration is working on a way to reduce “junk fees” in mortgage lending. They are saying that junk fees are up 36% since 2020. It sounds like a really good idea! Let’s figure out how to reduce the fees so that we can…
▶ VideoFor today’s topic, I want to share about two questions that I get asked every day: Interestingly, even though these are the two most common questions, I don’t have a very good answer for either one of them! First: What Will Happen with Rates? We all know what impacts interest rates. Generally speaking it is…
▶ VideoOne of the biggest challenges my clients are facing right now is that they are looking in this limited inventory market – and they just aren’t finding a house that they want. Either it’s a junky house that needs to be fixed up, or the right homes are out of their price range. Thinking Outside…
