Most of us spend a jaw-dropping amount of money every year on things that we don’t need – or even really want. So we’ve put this list together of what Americans spend on everyday goods and services – and how much cash we’re flushing down the drain. In part one of this blog, we covered […]
Insurance is one thing most of us have, yet we rarely think about – until we really need it. Homeowners have a lot on the line if their home floods, a break-in occurs, or someone slips and falls on their property, so insurance is something we should take seriously. Here are some highlights of the […]
Home buyers have a lot of choose from, but one great option we don’t talk about enough is buying a newly constructed home. While Sacramento lags behind the rest of the country in new home construction, there still are some great new projects breaking ground. So we decided to bring you a brief profile on […]
If you’re like most people, you somehow accumulate a small mountain of paperwork through major purchases, financial moves, and investments. However, no one wants to toss out a crucial document, only to really need it later on for a tax audit or other reason. So which documents are safe to toss and when? First off, […]
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 […]
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 […]
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 […]
If you look at data for the housing market over time, you’ll notice that home prices and mortgage interest rates usually work like they’re on opposite ends of a seesaw. Typically, when mortgage interest rates are at their lowest, it usually means home prices are on a steady incline to towards their peak. And when […]
Eight years ago during the 2008 Presidential race, the housing market was a huge topic for debate, as the nation was in the midst of a real estate and mortgage market collapse and Great Recession. How much things have changed since then, as real estate, mortgages and housing was barely ever mentioned on the 2016 […]
Myth: Interest rates represent the true cost of my mortgage Fact: Your interest rate is just one part of the total equation that determines the real cost of your mortgage, which includes the cost and fees of the loan, etc. It’s better to look at your APR – Annual Percentage Rate – to see the […]