Refis up Another 10% as Rates Revisit Recent Lows
Declining interest rates made for another strong week for mortgage applications. The Mortgage Bankers Association (MBA) said its Market Composite [...]
How to Buy a Small Multifamily Property (A Step-by-Step Case Study for Newbies!)
I really like small multifamily properties, and I talk about them an awful lot. Several months ago, I wrote [...]
Appraisals are no longer required on some home sales of $400,000 and under
Regulators raise appraisal threshold for first time since 1994 Beginning Oct. 9, 2019, certain home sales of $400,000 and under [...]
With California’s high power rates, will all-electric homes be affordable?
California has some of the highest average residential electric rates in the country, but average monthly bills are among the lowest [...]
California in-law units could be easier to build and less expensive under new bills
The governor has until Oct. 13 to act on several bills. Lawmakers are optimistic the measures will be signed. [...]
Which Mortgage Is Better? ARM vs. Fixed Rate.
If you’re raring to buy a home, chances are you’re weighing the merits of an adjustable-rate mortgage (ARM) and a [...]
What That Would Zero or Negative Interest Rates Mean for Mortgages?
President Donald Trump is pushing the U.S. Federal Reserve to drop interest rates down to nothing—or even go negative—ahead of the Fed's [...]
Fed Announces Interest Rate Cut
As expected, the Federal Reserve announced today that it would cut interest rates by a quarter point. The cut was [...]
5 Ways to Finance an Investment Property
The housing market crash has become a distant memory, and home prices are looking healthy again. And a stronger [...]
Money Mistakes That Could Cost You A Mortgage
These 5 Money Mistakes Could Lead to Your Mortgage Being Denied Just because you have pre-approval doesn't mean you've [...]