by arnielevine | Sep 12, 2024 | Finance, Real Estate news
The following is from one of our favorite buyer and homeowner lender: Jason Gordon NMLS ID# 259027 | Branch NMLS# 920781 Loan Officer | CMG Home Loans I am reaching out today with a couple of quick timely, relevant & important updates. First things first…for the...
by arnielevine | Jun 17, 2024 | Home Repairs, Real Estate news, San Diego Real Estate
Facts About Smoke Detectors Smoke detectors were first available for the home in the early 1960’s. Like all new technologies, these units were very expensive. They were only purchased by commercial property owners and movie theaters. The first truly affordable,...
by arnielevine | Jun 14, 2024 | Home buying, Investment real estate, Orange County Real Estate, Real Estate news, Riverside Real Estate, San Carlos Real Estate
Six States Where Housing is Hard to Find: What Governors Are Doing About It Housing shortages are a critical issue for many states, causing financial strain for households and presenting significant political challenges. Governors play a key role in addressing this...
by arnielevine | Jun 14, 2024 | Finance, Mortgage Rates, Real Estate news
Total mortgage application volume surged nearly 16% compared to the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less)...
by arnielevine | May 20, 2024 | Finance, Orange County Real Estate, Real Estate news, Riverside Real Estate, San Diego Real Estate
The U.S. economy added about 175,000 jobs in April, lower than the expected number of around 233,000. While this is still considered a strong jobs report, wage growth eased – a sign that the rise in prices of everyday costs like groceries, rent, and gas might slow...
by arnielevine | May 15, 2024 | Finance, Real Estate news, refinancing
Today (May 15, 2024) was a great day for mortgage rates! In short, inflation influences mortgage rates. Thus, the higher the inflation, the higher the mortgage rates (and vice versa). Today’s Consumer Price Index (CPI) report showed that inflation trending...
