Homeowners

One Last Chance to Refinance at Historic Low Interest Rates One Last Chance to Refinance at Historic Low Interest Rates

  If you have been sitting on the fence waiting for the right time to refinance,... 

12 Biggest Mistakes Consumers Make When Refinancing 12 Biggest Mistakes Consumers Make When Refinancing

With all the buzz surrounding San Mateo mortgage refinances lately, I have received... 

Why Do Some Home Owners Decide Not to Refinance Their Mortgages? Why Do Some Home Owners Decide Not to Refinance Their Mortgages?

  Refinancing into a lower rate is a great option for many home owners, but in today’s... 

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Buyers

Mortgage Myth Busted: I Must Have Steller Credit to Buy a Home Mortgage Myth Busted: I Must Have Steller Credit to Buy a Home

Many people think they need to have stellar credit and no debt in order to get... 

July 11th: First Time Home Buyer Class July 11th: First Time Home Buyer Class

Are you a first time home buyer looking to purchase a Bay Area home and don’t... 

Mortgage Myth Busted: I Don’t Have 20% to Put Down So I Can’t Buy Now Mortgage Myth Busted: I Don’t Have 20% to Put Down So I Can’t Buy Now

In the past, lenders have required at least 20% down payment on a home loan. However,... 

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Mortgage News

Realtors: Learn How to Increase Your Buyer Base with FHA and CalSTRS Realtors: Learn How to Increase Your Buyer Base with FHA and CalSTRS

With home prices and mortgage payments as high as they are in San Mateo County, a lot of buyers aren’t going to have 20% or more to put down on a house, especially if it is their first house. Savvy real estate agents who are familiar with lower down payment loan programs will increase their buyer base and close more deals. What Types of Lower Down... [Read more of this article]

What Does the New Economic Stimulus Bill Mean to First Time Home Buyers? What Does the New Economic Stimulus Bill Mean to First Time Home Buyers?

  Last week, President Obama signed The American Recovery and Investment Act of 2009, a $789 billion dollar stimulus bill. What kind of impact does it have on the first time home buyer? What does the new economic stimulus bill mean to home buyers? First time home buyers, defined as anyone who hasn’t owned a home in the last three years, can claim... [Read more of this article]

2009 Bay Area Conforming Loan Limits 2009 Bay Area Conforming Loan Limits

The Federal Housing Finance Agency (FHFA) announced that conforming loan limits for 2009 will remain the same as loan limits of 2008, except in certain high cost areas which includes the Bay Area. So we are all on the same page, conforming loans meet the standards set forth by Fannie Mae or Freddie Mac. Mortgages that conform to these guidelines are... [Read more of this article]

Post Election Mortgage Rate Predictions Post Election Mortgage Rate Predictions

Whether you are elated or deflated from the results of the election, I am sure we are all relieved that it is over. I can admit I have been slightly obsessed with the daily dramas of this political soap opera, but now it’s time to transition to action. So with the Dems awaiting to take control, what is expected for the next 30 days when it comes... [Read more of this article]

The Effects of the Fed Rate Cut The Effects of the Fed Rate Cut

  Wall Street predicts The Fed will cut rates once again today. The prediction is that the Fed Funds rate will be lower to 1%. This will be the lowest it has been since 2004 (currently we are a 1.5%). Some are even predicting an even bigger cut, lowering the rate to 0.5% – 0.75% which would be a historic low. What Does This Mean? Cutting... [Read more of this article]

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