Action Time: Lock Today’s Low Rates Before Prices Push Higher This is the moment to act now on home loan rates before they fuel demand, inflate prices, and potentially exclude buyers from their dream homes. Waiting increases your Property Taxes that are based on the purchase price. Why to Act Now on Home Loan Rates […]
Knoxville Housing Affordability: Why the Best Homes Still Move Fast Knoxville housing affordability is a tale of two speeds. Overall days on market have stretched across Knoxville and the surrounding towns, yet the most desirable, well-priced listings still go pending quickly – often in a ~18 – 22 day window. If you’re shopping in Farragut, […]
Central Valley Housing Affordability: Why Affordable Homes Move Fast Central Valley housing affordability is tight. While prices may look lower than the Bay Area, “affordable” doesn’t mean easy. With limited inventory and quick pendings, the most sought-after homes are often under contract in two to three weeks. For Bay Area buyers moving east to Manteca, […]
Refinance Readiness California: Prepare Now for Lower Rates in 2025 Refinance Readiness California: Prepare Now for Lower Rates in 2025 First Capital Mortgage Inc. • Steve McNeal, NMLS 256426 (CA BRE 01017974) NMLS 2228346 Today’s sample pricing (subject to change): • Conventional purchase / no cash-out: 6.375% (great credit) • Conventional cash-out: ~6.875% • FHA […]
Buying a home in 2025 doesn’t have to be scary. Central California offers affordability, growing inventory, and stable rates near 6.5%. From Sacramento to Merced County, discover why now is the perfect time to buy with confidence.
Interest Rates, Housing Inventory & Jobs – Central Valley Real Estate Outlook 2025 How they affect our business and buyers. What to expect: lower rates for homes and a steady job market with increasing wages. Don’t believe everything the news is telling us. First off, interest rates are lower and going down in the United […]
Empower Your Clients to Build Wealth Now The Central Valley isn’t just a market – it’s a gateway to stability and growth. With debunked depreciation myths, rising inventory, unmatched affordability, and a thriving lifestyle, 2025 is ripe for buyers. Encourage clients: “Don’t let headlines hold you back. Data shows values are climbing steadily, and buying […]
Home Values Are Rising Despite Media Claims – In today’s real estate market, there’s a lot of noise from the media suggesting that home prices are falling. Headlines scream about declining average and median home prices, painting a picture of a cooling market. But as a 40-year veteran in the mortgage industry, I can […]
Understanding the Loan Estimate (a mortgage fees disclosure): The Loan Estimate is a standardized three-page form mandated by the TILA-RESPA Integrated Disclosure (TRID) rule, issued by lenders to consumers applying for most closed-end consumer mortgages, including those for single-family residential properties. Its primary purpose is to provide a clear, concise summary of the key loan […]
Not a Myth: Why “Date the Rate, Marry the House” Is Your Ticket to Homeownership Success! Hold onto your hats, folks – there’s a fiery debate raging in the real estate and finance world, challenging the beloved adage, “date the rate, marry the house”! This catchy phrase urges homebuyers to snag a mortgage rate that […]