Interest rates are at an all-time low and you have been thinking about refinancing your current mortgage. But how do you know where to go and what lender is best for you? As a mortgage consumer, you want to be…
If you’re looking for a home in the eastern San Francisco Bay area, Walnut Creek is a place to start your search. It is centrally located for commutes to several major cities (Oakland, Sacramento and San Jose) via major highways.…
An October 2018 housing report showed how the average or typical mortgage payment has increased in major cities across America. In California, rising home values have resulted in a higher average monthly mortgage payment in most cities. The biggest increase…
California home buyers tend to have a lot of questions about the real estate closing process. This is especially true for first-time buyers who have never been through it before. In a previous article, we outlined the basic steps in…
Revised mortgage guidelines issued by Fannie Mae and Freddie Mac have made conventional loans more popular among California home buyers seeking a low down payment. A recent report shows that California conventional loans have widened the gap even more, during…
Summary: A bill introduced in the Senate recently would theoretically make it easier for self-employed home buyers in California to get mortgage loans. In August 2018, a pair of U.S. senators introduced a piece of legislation that could make it easier for…
A June 2018 report from the industry association U.S. Mortgage Insurers (USMI) showed that mortgage insurance helped nearly 73,000 borrowers in California purchase or refinance a home in 2017. Without this insurance, many of the home buyers in that group…
According to a report released earlier this year by the consumer credit-reporting company Experian, the average credit score among residents (and home buyers) in California was 680. But it's possible to qualify for a mortgage loan in California with a…
Using a credit repair company in California might help you qualify for a mortgage loan. But not all credit repair companies are the same. So consumers have to do some careful research and vetting before choosing a service. Here's an…
California home buyers who are purchasing a higher-priced home often end up using what's referred to as a jumbo loan. This means that the amount being borrowed exceeds the conforming loan limit for the county where the house is located.…
