February is Black History Month, an important time for us to commemorate and celebrate the lives of civil-rights pioneers throughout history. Great men and women like W.E.B. Du Bois, Jackie Robinson, Booker T. Washington, Rosa Parks, Martin Luther King, Jr., and so many others made invaluable sacrifices to advance our rights and freedoms. Started by […]
Are you buying a house or looking at a refinance and just starting the loan application process? There are plenty of blogs and articles that will tell you how to prepare and get ready to be a good loan applicant, but today, we’ll tell you 20 things NOT to do during the loan process. Understanding […]
The ink wasn’t even dry yet on his official inauguration, and President Donald Trump already found a way to impact the real estate industry – although not as we would have predicted. In one of the very first moves by his new administration, POTUS Trump signed an administrative order to suspend the FHA’s planned […]
The final quarterly reports for 2016 are in, and the news does not bode well for banking giant Wells Fargo, embroiled in a fake-account scandal that defrauded hundreds of thousands of customers. In fact, the San Francisco-based national bank has admitted that for years, its employees had been creating fake checking accounts and opening unauthorized […]
This week, consumers looking to buy a home in 2017 using the popular FHA loan program got a bit of good news. On January 9, U.S. Housing and Urban Development Secretary Julián Castro announced that the Federal Housing Administration (FHA) will reduce its mortgage insurance premiums pay by a quarter of a percent per year. […]
For over 100 years, the California Association of REALTORS® (C.A.R.) has aided and served real estate agents, brokers, and real estate professionals in the state of California. C.A.R. works tirelessly to promote excellence and professional standards, integrity, and education, quell legal disputes, and even affect real estate and housing law. They are driven to uphold […]
“It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” -Henry Ford, American car manufacturer and industrialist Where does our money come from, and who controls it? In part one of this blog, we […]
As the confetti falls on another New Year and the calendar flips to 2017, we’re reminded by how truly incredible 2016 was. When it came to informing you about mortgage lending and the real estate market, there was no better place to turn than Jeff Compton of Guild Mortgage in 2016, as he always tried […]
Hey, Realtors – how was your 2016? Hopefully, you sold more homes than ever before and had a hugely profitable campaign last year. If that’s the case, you probably utilized online marketing, including social media, to reach and engage clients. But if you didn’t have the best sales year of your life– or just want […]
The FHA announced that they will raise loan limits for 2017. Here are 20 quick facts any realtor, homebuyer or mortgage applicant should know: The Federal Housing Administration recently announced that it will increase its loan limits for FHA loan products in 2017, reflecting increased home prices across the United States. In fact, FHA will […]