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 […]
Do As I Say, Not As I Do
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 […]
That’s What I’m Talking About!
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 […]
Are Home Prices At All-Time Highs?
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 […]
Got Debt? You Are Not Alone
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 […]
It’s May Madness – Bring On EVERYTHING
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. The real estate market has a way of hitting its full stride in May as well. For the last few […]
Is This Loan Program a Dream “For All”?
Let’s Get Real about California’s new loan program coined Dream For All. The Blue Waters Group has this shared appreciation 2nd mortgage available to eligible applicants when it comes back on April 3rd, but is it really a Dream “For All?” It truly is a great loan program for those who qualify, as it will allow […]
California Dream For All Loan Example
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 and see how this program functions. Assume someone buys a home for $500,000. They would obtain […]
Spring Market Comes Before Spring Season
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. But for the real estate market, spring is already here! The months of April-June (known as the […]
Got Accountability?
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! Thursdays used to be our family’s ritual clean-up night. We would tidy up the house in preparation for our […]