Thursday, October 1, 2020

 


California Real Estate and Mortgage Market Update Fall 2020 | CA Mortgage Broker


Real Estate Market: (0:30)

Mortgage Market Update: (3:53)

First Time Buyer Crisis: (0:46)



The California Real Estate Market continues to AMAZE. Low inventory and high demand are causing prices to rise rapidly. Listings in affordable communities are receiving an overwhelming amount of offers and unfortunately to get your offer accepted often you are having to remove appraisal and loan contingencies AND overbid. Now more than ever it’s critical you are working with a first class lender/realtor or you won’t have a chance. As sales prices increase, so do appraisal issues ie values not coming in.  This will continue as long as there is a shortage of listings in affordable communities. It seems the low rates and property values will continue into the new year. Uncertainty abounds as, we do not yet know how the unemployment rate and forbearance will affect us in the months to come. 

Wednesday, August 19, 2020

California Real Estate Market is on Fire with Extreme Lack of Inventory Driving Multiple Offers



The California Real Estate Market is on fire with extreme lack of inventory driving multiple offers and making it extremely difficult to get your offer accepted.  Expanded Non-Conforming product is slowly coming back to accommodate those needing bank statement loans and other conforming product.


Call/Text:  909.920.3500 

For more information, visit  https://tdrmortgage.com/

To watch the video:  https://youtu.be/QknsvSIz8rw  šŸ¤©šŸ¤©šŸ¤©šŸ¤©šŸ¤©šŸ¤©šŸ¤©šŸ¤—šŸ¤—šŸ¤—šŸ¤—šŸ¤—šŸ¤—šŸ¤“šŸ¤“šŸ¤“šŸ¤“šŸ¤“šŸ¤“šŸ¤“šŸ¤“šŸ¤“šŸ”šŸ”šŸ”šŸ”šŸ”šŸ”šŸ”šŸ”

Tuesday, March 24, 2020

What Should I Do Real Estate & Mortgage Advice on March 12th 2020





This was recorded during the Mortgage Meltdown on Thursday, March 12th, 2020. Originations in March equaled the most massive loan origination period ever. Some companies originated as many or more than all of 2019.  So much volume, in fact, some lenders had to raise their rates to stop the flow to keep business intact. Rates hit the lowest around 5th to the 9th of March, record lows.  Flash forward to the 12th rates began to rise rapidly like conv from 3.5 to 4.5 just in a day. šŸ¤©šŸ¤©šŸ¤©šŸ¤©šŸ¤©šŸ¤©šŸ¤©šŸ¤©šŸ¤©šŸ¤©šŸ¤© Call/Text us at 909.920.3500 today or click the link ttims-rates-site-6544.itclix.com to get started!

Wednesday, March 18, 2020

5% Down Jumbo in San Bernardino County VS FHA High Balance in LA County




Missed a payment? Owe too much? No problem. You don't need perfect credit to get a great rate. With FHA loans, you can qualify for a mortgage with a credit score of just 580. Reach out at 909.920.3500 to learn more!