Mortgage-backed securities (MBS) improved a bit last week, and rates remain near all-time low’s, continuing this year’s Refinance Boom and giving fuel to the budding housing market recovery. Read the rest of this entry »
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Tags: affordability, Ben Bernanke, Consumer Confidence, dan tharp, dan the planner, Freddie Mac, i want the best rate, lower interest rate, rent or buy, sacramento
Beginning as soon as next week, new, mandatory mortgage fees will push mortgage rates higher throughout Sacramento and nationwide. Fannie Mae and Freddie Mac are raising their respective “guarantee fees”.
Guarantee fees are fees that mortgage-backed securities providers charge to lenders for mortgage-related services including the bundling, selling and reporting of mortgage-backed bonds. Read the rest of this entry »
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Tags: affordability, best rates, california, dan tharp, FHFA, G-Fee, Guarantee Fee, i want the best rate, sacramento
Should you lease a new car, or should you buy one? Like most financial questions, the answer depends on your situation. For some people, leasing a car presents distinct economic advantages. For others, buying a car is the way to go. Read the rest of this entry »
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Tags: affordability, california, Cars, dan tharp, Lease, sacramento, The Today Show
The nation’s biggest banks have started to loosen mortgage lending guidelines. Is this another signal of an improving U.S. economy?
As reported by the Federal Reserve, last quarter, no “big banks” reported stricter mortgage standards as compared to the quarter prior and “modest fractions” of banks reported easier mortgage standards. Read the rest of this entry »
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Tags: affordability, california, dan tharp, Federal Reserve, i want the best rate, mortgage, Prime Residential Mortgage, refinance, rent or buy, sacramento, Senior Loan Officer Survey
One month after posting a multi-year high, the Pending Home Sales Index retreated to 99.3 in June — a strong reading in its own right.
At the same time, millions of homeowners find themselves underwater, unable to refinance and take advantage of these historic low rates.
There is help now – click here !
And more help maybe on the way – click here ! Read the rest of this entry »
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Tags: affordability, california, dan tharp, Existing Home Sales, Existing Home Supply, NAR, Pending Home Sales Index, PHSI, sacramento
For that matter, is the Real Estate Market in California truly getting better?
84 U.S. Markets Improved In July, and the Wall Street Journal proudly called an end to the housing crisis, a declaration made without hedge, stating, “the housing bust is over.”
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Tags: affordability, california, dan tharp, dan the planner, Elizabeth Weintraub, Existing Home Supply, Improving Market Index, is housing market better, lower interest rate, NAHB, Pending Home Sales Index, sacramento
As a lender in Sacramento, I don’t typically have this conversation with my clients because we jump right into Mortgage and Real Estate stuff. With home values slow to rise and mortgage rates at all-time lows, there’s never been a more affordable time to own a home.
However, there is more to the cost of living than just a mortgage payment. There’s the cost of groceries, gasoline and getting your hair cut, too.
Not surprisingly, where we live affects our costs. Big cities are often more expensive to live, and local tax laws influence daily costs, too. Read the rest of this entry »
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Tags: affordability, Calculator, Comstock, Cost of Living, Moving, moving to California, moving to Sacramento, sacramento, www.dantheplanner.com, www.sacramentolender.com
The typical U.S. taxpayer will receive roughly $3,000 in federal income tax refunds this year — an average of $250 per month. So, what would you do with an extra $250 monthly? This segment from NBC’s The Today Show offers some advice. Read the rest of this entry »
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Tags: affordability, california, dan tharp, dan the planner, matt lauer, NBC, sacramento, Tax Refund, The Today Show, what do I do with tax refund
Will your home gain value over the next 12 months? Nobody can know for sure, of course, but should recent housing trends continue, there’s concrete cause for optimism.
The housing economy has suffered since 2007, knocking home values down nearly 20% nationwide. Here in Sacramento, the hit has been much larger (30% to 50%). And while some areas have fared better as compared to others, in general, home values are down. Read the rest of this entry »
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Tags: affordability, dan tharp, dan the planner, Existing Home Supply, Home Values, lower interest rate, NBC, rent or buy, sacramento, The Today Show
Mortgage rates fell again last week and are again near record lows.
