Rates, the local market, and what the headlines are getting wrong this week.
August has been filled with financial headlines stating interest rates have hit their highest levels since the financial crisis of 2008. While this may be true of some rates, don’t be misled by sensational headlines.
After several years of sharp increases and unpredictable swings, mortgage rates have finally entered a period of relative stability. While rates remain higher than the historic lows of 2020–2021, the consistency we’re se
-by Matt Sundermier, Broker/Owner
For the second year in a row, The Blue Waters Group earned the Top Spot as the #1 Best Real Estate Team and inched up to #2 as the Best Mortgage Broker in the Folsom/El Dorado Hills region of Style Magazine’s Readers’ Ch
The federal government shut down began at 12:01 AM today. For the first time since 2018, US Congress has failed to pass a budget, preventing many non-essential operations from functioning. How will this impact every day
I’m sure you’ve heard the news… mortgage rates have been falling, and fast! But if you’re sitting on a high mortgage rate should you hold off on a refinance until after the upcoming Fed press conference?
Big News! 🎉 We’ve Been Nominated—AGAIN!
Financial Markets Are Free Falling
We are very excited to pass along a big announcement from two of our biggest competitors. Why?!? Let us explain.
We routinely provide an annual forecast of the mortgage and real estate markets. Generally, we speak to three main characteristics: housing supply, buyer demand, and interest rates.
How will the real estate market change post-election?
Listen to Numbers Instead
#1 Real Estate Team and #3 Mortgage Broker!
Clients often ask us about “timing the market.” In other words, is there a way to get the best price or lowest rate based on WHEN you buy/sell/refinance? Last year we researched historical data of the past decade and pos
Why? Because we are NOT inverted!
recent research study concluded that consumers get the best loan terms when working with a mortgage broker! In short, the average interest rate AND origination points paid through a mortgage broker were both lower than w
Timbuk 3 , a 1-hit wonder from the 80s, wrote “Future’s So Bright, I Gotta Wear Shades” and is often interpreted to mean there are exciting events ahead. But, the band actually ironically intended the song lyrics to be a
On Wednesday, The Federal Reserve Board left their Federal Funds Rate unchanged. This was widely expected amongst financial markets, yet stock markets rallied and mortgage rates fell at once. What gives?
A key inflation metric turns negative for the first time since the initial Covid-19 outbreaks
The answer depends on where you look
Total US household debt continues to climb even as borrowing costs rise with higher interest rates, particularly on credit cards. The total debt level for credit cards hit a record amount of $1 trillion…with a T!!! And i
May seems to always be the most hectic month of the year. Graduations, picnics, school parties, sports, boating…commitments and fun keep us busy all month long, and we’re sure the same is true for you.
Our team has become well-versed with the new California Dream For All Loan program and is ready to offer it to first-generation home buyer clients when the program is released on April 3rd. Let’s unpack a common example
Let’s Get Real about California’s new loan program coined Dream For All. The Blue Waters Group has this shared appreciation 2 nd mortgage available to eligible applicants when it comes back on April 3 rd , but is it real
For those of us who miss the sunshine during these cold wintery months, springtime is a welcomed season. With daylight savings and the spring equinox both later this month, it feels like Spring is right around the corner
What do house cleaners and business coaches have in common? For me, they both provide accountability, but in very different ways. Let me explain, in hopes of inspiring you to recommit to any 2024 goals and resolutions!
The difference between mortgage rates & U.S. treasury rates (aka-The Spread) is the story to watch in 2024
More evidence lower mortgage rates should be on their way
Just when we thought the market couldn’t get any wonkier…
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Have you ever thought about building a tiny home? Come to my workshop!
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Some are getting side hustles; we are becoming experts
Why? Because we are inverted!
Our Team Put Together These Parody Videos for your May The Fourth enjoyment
Follow these tips when preparing your home for sale:
Buying a home is an important life decision. Make sure you consider these important tips before you buy: 1. Look at your finances and decide how much you can afford.2. Make sure to physical inspect the home and property
Have you ever thought about building a tiny home? Come to our workshop!
Our team has become well-versed with the new California Dream For All Loan program and has it available to offer to our first-time home buyer clients. Lets unpack a common example and see how this program functions.
Home Sellers Should Be Particularly Excited
Buying, selling, or refinancing a home in today’s market can be quite an intimidating process to many. From elevated interest rates to volatile home prices, more and more elements are beyond predictability. We recently w
Ah, The Princess Bride . Lets talk real estate through one of the greatest Rom-Com story lines of all time.
This 6-6-6 sign is indeed a great omen for buyers!
Expect more sales, lower rates, and bottoming home values
Mortgage rates dropped over 1% from Halloween to Thanksgiving, making it the best winning streak for rates this year. During that same time period, our lenders dropped their rates by nearly 1.5%, making ours some of the
After spending this year on the sidelines, buyers should be revving up for a purchase in the new year
Major life events will continue to prompt real estate transactions
Our industry is shrinking; we are getting bigger!
Gas was $1.36/gallon
Thank goodness the record heat wave throughout California is behind us. This week we have summer breezes to cool us off & blow the smoke away! At the beginning of the summer season, we penned a post that predicted the re
From relocations to reverse mortgages, we’ve been helping more baby boomers than ever
Let us show you how we stack up to the rest of the industry
We’re forecasting falling home values, and this summer breeze on the cooling market should make buyers feel fine!
You probably noticed recent news articles that went something like this…