Listen to Numbers Instead A few short weeks ago, nearly everyone (us included!) was anticipating mortgage rates to move lower. The media hyped up the forecasts. The Fed fanned the flames of these forecasts. We provided analysis to support the forecasts. But the financial markets often have a way of humbling bold predictors. In early […]

#1 Real Estate Team and #3 Mortgage Broker! We’re overjoyed to announce that Style Magazine recently recognized us as the #1 Real Estate Team and #3 Mortgage Broker in the Folsom/El Dorado Hills area! This dual distinction is a testament to our team’s dedication to delivering exceptional service and expertise in both real estate and financing. A […]

Here are the factors to consider if you have a rate over 6% 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 posted about the […]

Why? Because we are NOT inverted! Many believe mortgage rates are set to drop this week because of a highly anticipated Federal Reserve Board meeting that begins tomorrow. THIS IS WRONG! Mortgage rates are indeed poised to fall, but not because of The Fed meeting. Let us explain… Last summer we wrote a similarly titled […]

 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 when working with a retail lender (think big banks). The savings were even larger on government loans! Don’t just take […]

But Are The Shades For Protection? 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 grim outlook of nuclear fallout fears during the height of […]

That was The Fed’s message to markets this week 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? Simply put, markets change when the expectations of future events change. They don’t wait for the actual […]

A key inflation metric turns negative for the first time since the initial Covid-19 outbreaks For the past few years, interest rates have remained at elevated levels due to high inflation. The words to describe the inflation have evolved over time; initially it was called transitory, and then persistent, stubborn, and sticky. Now inflation can be […]

The answer depends on where you look Recent headlines have touted “All-Time” Highs for home prices. Despite higher mortgage rates, the real estate market has marched upward, with most areas seeing price increases over the past year. In fact, the median home price in California topped $900,000 for the first time ever in April and […]

If your credit card balances are creeping up on you, it may be time for a cash-out refinance 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 […]