Big News from Europe-Outlook Good for Rates & Pricing

Early action in Europe from the European Central Bank was good for bonds, which makes it good for pricing. The big news comes from Europe, as the ECB (European Central Bank) opted to keep its stimulus settings unchanged for now, and even left the door open for...

Great Loan Program for Veteran Borrowers

VA loans are home mortgages backed by the Department of Veterans Affairs (VA). With a VA loan, eligible service members and veterans can buy a home with little or no down payment, or refinance an existing home to get cash out or a lower monthly payment. As an approved...

The Importance of Homeowners Insurance

I would like to discuss homeowners insurance and how it can impact future buyers. Usually insurance is last on the list to be finalized.  Well….It’s not quite as easy to obtain as it used to be.  With California having its annual fire season, accompanied with copious...

Remote E-Closing

The future is here with Remote E-Closing.  The days of being bombarded with reams of paper at the closing table are over. Previous e-closings required either some in-person contact or a notary to e-sign closing documents via a shared tablet. Borrowers will FaceTime...

Coming Soon- Appraisal Waivers

New market update. Changes are coming. Freddie Mac will be implementing appraisal waivers for purchases.  This already exists for refinances.  This will be great way for borrowers to save time and money for the transaction.  And how nice would it be to not grovel with...