Mortgage Interest Rates

Navigating the Waters: Mortgage Rates and the Government Shutdown

The world of mortgage interest rates can feel like a constantly shifting landscape, and right now, there are a few…

1 month ago

Powell Hints at Rate Cuts

What That Means For Santa Barbara Federal Reserve Chair Jerome Powell’s recent speech at Jackson Hole sent ripples through financial…

2 months ago

Mortgage Rates, Real Estate, and Revelry in Santa Barbara

As the sun blazes over the Pacific and the scent of Fiesta confetti still lingers in the air, Santa Barbara’s…

3 months ago

Mortgage Reform that could unleash the next Big U.S. Stimulus

The Financial Times / Meredith Whitney reported that Freddie Mac wants to enter the secondary home equity loan market in…

1 year ago

What You Should Know About Interest Rates

In 1971, the interest rate for a mortgage was 7.33%. If you waited for interest rates to go down, you…

2 years ago

OCTOBER HOME SALES & MARKET TRENDS

The Santa Barbara Real Estate market continued to reflect trends that have been with us all year: relatively few homes…

2 years ago

Want a 3% Mortgage Rate?

Would you like a 3% Mortgage Rate? An Assumable Loan might be something to consider. Assumable loans are loans where…

2 years ago

Zillow’s 1% Down Loan Program Will Destroy the Housing Market, or not…

In the movie The Big Short there was a scene in which a stripper bought multiple investment condos. She was…

2 years ago

What’s Up with Mortgage Rates?

AUGUST 23, 2023 The current average interest rate for the benchmark 30-year fixed mortgage is 7.61%, rising 6 basis points…

2 years ago

Mortgage Rates & the Housing Market

We are in one of the most foundationally strong housing markets of our lifetime because homeowners are going to fight…

2 years ago