OUR NEWS

Oct 10, 2019

Uncertainty!

Today’s News Synopsis: What causes more home seller stress than showings and repairs?  Mortgage rates decreased this week with 30-year rates now at 3.57% and 15-year rates at 3.05%.  Governor Gavin Newsom just signed the ‘Housing Crisis Act of 2019,’ which will speed up the home building process. In The

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Oct 03, 2019

Where Are They Going?

Today’s News Synopsis: Millennials are moving more frequently.  Freddie Mac reported mortgage rates remain firm with 30-year rates at 3.65% and 15-year rates at 3.14%.  EXp just launched its own version of the instant offer platform. In The News: Freddie Mac – “Mortgage Rates Hold Steady” (10-3-2019) “Freddie Mac (OTCQB: FMCC) today released

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Sep 26, 2019

Start at the Bottom, Go Toward The Top

Today’s News Synopsis: Homebuyers as a whole who bought at the bottom of the market in 2012 have now earned over $203 billion in equity.  After having shown improvements, mortgage rates decreased this week with 30-year rates now at 3.64% and 15-year rates at 3.16%.  Pending home sales increased 1.6%

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Sep 19, 2019

It’s Like The Real Estate Disruptor Dating Game Out There

Today’s News Synopsis: Zillow is partnering with builders.  The National Association of Realtors Reported existing-home sales increased by 1.3% in August.  Mortgage rates increased greatly this week with 30-year rates now at 3.73% and 15-year rates at 3.21%. In The News: Freddie Mac – “Mortgage Rates Jump” (9-19-2019) “Freddie Mac (OTCQB: FMCC)

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Sep 12, 2019

Quiet On the Set! Oh Wait, We Don’t Even Have An Office

Today’s News Synopsis: Commercial spots are all the rage in Hollywood…too bad there’s not many available.  Freddie Mac reported mortgage rates went up this week with 30-year rates now at 3.56% and 15-year rates at 3.09%.  The amount of available mortgage credit decreased last month by 3.9%. In The News:

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Sep 05, 2019

Maybe The “Flier Bandit” Got You

Today’s News Synopsis: Is your house not selling?  Freddie Mac reported mortgage rates decreased this week with 30-year rates now at 3.49% and 15-year rates at 3%.  The new plan for the GSEs is expected to be revealed very shortly. In The News: Freddie Mac – “Mortgage Rates Drop” (9-5-2019) “Freddie

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Aug 29, 2019

Sorry Millennials. No 2008 Bargains In This Recession

Today’s News Synopsis: A recession won’t help you buy a house.  Mortgage rates increased slightly from last week but generally held steady with 30-year rates now at 3.58% and 15-year rates at 3.06%.  The National Association of Realtors reported a 2.5% decrease in pending home sales in July. In The

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Aug 22, 2019

Mortgage Market Reopens to Risky Borrowers

Today’s News Synopsis: Homebuyers with low credit scores and high debt are getting loans.  Mortgage rates continue to decline with 30-year rates at 3.55% and 15-year rates at 3.03%.  Foreclosure activity was down 19% in July according to ATTOM Data Solutions. In The News: Freddie Mac – “Real Estate Market Strengthens

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Aug 15, 2019

What’s On Your Color Palette For 2020?

Today’s News Synopsis: What are the top colors for your home for 2020 and beyond?  Mortgage rates are at their lowest on record with 30-year rates at 3.6% and 15-year rates at 3.07%.  Home prices increased 3% in July with the 3% drop in supply. In The News: Mortgage Bankers

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Aug 08, 2019

Is It Worth The Premium To Sell To iBuyers?

Today’s News Synopsis: Sellers pay a price for convenience.  Mortgage rates saw a tremendous decrease in the latest Freddie Mac survey with 30-year rates now at 3.6% and 15-year rates at 3.05%.  Foreclosure filings decreased 18% from last year, coming in at 296,458. In The News: Freddie Mac – “Mortgage Rates

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