Apr 25, 2023
Are you a responsible borrower? Have you saved diligently for that 20% downpayment on your first home? Did you educate yourself and work toward improving your credit score so that you reached your goal of a score higher than 680? Well, then the FHFA (Federal Housing and Finance Association) would like to take...
Apr 20, 2023
The media at large seems very excited about FHA loans being able to be adjusted to 40 year terms in cases where the borrower is in a tight spot. But does it make sense to extend the indebtedness of someone that is already in financial trouble? Extending a mortgage out to 40 years takes all the worst elements of a loan...
Apr 12, 2023
In todays show we will take some time to review the latest buyer and seller sentiment data. We also take some time to consider what the data says about buyers vs what we are seeing buyers actually do in the marketplace.
We will also talk a bit about thoughts relating to when to buy and what might be good options...
Apr 4, 2023
If you think of predatory lending as any borrowing scenario that has a high probability of causing issues for the borrower, I think that there is a good chance we should chat about the "California Dream For All" loan program from CalHFA (California Housing Finance Agency).
Schemes like this are predicated on the idea...