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Inventory will improve—but not by much.

Inventory will improve—but not by much.

Recent data from Trulia shows that inventory is rising for starter homes and trade-up properties—but likely not enough to satisfy demand. According to the real estate marketplace’s recent analysis, starter home inventory was up 3.5%

Jul 09, 2019 |

Collateral Based Loans - No Credit Qualify

Collateral Based Loans - No Credit Qualify

$100,000 to $500,000 Private Money Loan against Investment Property Close in 10 days or less 12% interest Only + 4 points Minimum 6 months of Inerest Based on Equity not FICO Score REQUIREMENTS: 60% Loan to Value or Less Loan Application Credit Re

Jun 21, 2019 |

Mortgage Rates

Mortgage Rates

Mortgage rates were only modestly higher today.  Most lenders were still quoting the same rates compared to Friday with the only difference being slightly higher upfront costs.  This means the rate at the top of the average mortgage qu

Jun 18, 2019 |

Homeowner Equity is on the Rise, Slightly Faster Than Home Prices

Homeowner Equity is on the Rise, Slightly Faster Than Home Prices

The increase in homeowner equity has slightly exceeded the pace of housing appreciation.  CoreLogic says that the 63 percent of homeowners nationally who have a mortgage on their property saw their equity grow by 5.6 percent between the fir

Jun 11, 2019 |

Mortgage Rates Down

Mortgage Rates Down

The 30-year fixed-rate mortgage averaged 3.99% in the May 30 week, down from 4.06%, Freddie Mac said Thursday. That marked a 16-month low for the popular product, which has eked out a weekly rise only six times so far in 2019. The 15-year fixed-rate

May 31, 2019 |

Freddie Mac Portfolio Growth Slowed Slightly, Delinquencies Down

Freddie Mac Portfolio Growth Slowed Slightly, Delinquencies Down

Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 6.2 percent in April, declining from 8.0 percent the previous month.  The portfolio balance at the end of the period was $2.216 trillion com

May 28, 2019 |