Secondary Mortgage – A Double-edged Knife
Do you know that with real estate, you can take another home loan on top of your primary mortgage? Even if you do or do not know, this piece of information is useful to a certain degree if there is …
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The Dream For All Loan Program – Is it That Dreamy?
If you have been following the news regarding the US Economy as of this month, March 2023, things haven’t been on the bright side lately as the housing market is spiraling up and down due to the rate hike and …
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Real Estate Market Updates – March 2023
February of 2023 was another mixed bag for the real estate market as the recent data’s release hinted that we are in an economy that remains more resilient than feared. The labor market remains tight in spite of all layoffs …
The Escrow Process – What Homebuyers Must Know
When buying or selling a property, the real estate escrow process is an essential component of the transaction. The escrow process is a method of ensuring that both the buyer and seller fulfill their obligations and that the transaction proceeds …
Real Estate Market Updates – February 2023
January of 2023 has been a mixed bag to be completely honest as there were ongoing unstable trends. With the Fed’s latest announcement and key economic data releases, home buyers and consumers are taken on a rollercoaster ride as …
What is Capitalization Rate and Why it’s Important in Real Estate Investing
If you are new to Real Estate investing, multi-family units, ADU, and high desirable area are what you have been told to look at. Though it’s absolutely right to do so, there’s much more to analyze beyond those. At Chad …
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Mortgage Refinance Demand Rises as Interest Rates Drop Lower
After 2 weeks straight of going nowhere but up, the average mortgage interest rates dropped back down again this week. The average 30-year rate fell from 6.48% to 6.33% comparing to last week (and 3.45% last year). The rate for …
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Must-have Features For Your Home in 2023
Beginning of 2023, Zillow Research department released its result for “Top 5 Features Homeowners Wish to Have in 2023”. The result was quite surprising since there are some differences comparing to the past couple years. Keep reading for the top …
2023 Started with Higher Interest Rates
In December 2022, Freddie Mac’s Chief Economist, Sam Khater, stated that the housing market would remain in turbulence with declining sales, inventory, and unpredictable prices despite heading toward a more moderate direction toward the end of last year. Unlucky for …
Real Estate Market Updates – January 2023
2022 was a bumpy year for everyone residing in the United States due to shaky economy. Many hoped for a better 2023. However, 2023 has had quite a rough start as well. Here’s more than just some Real Estate Market …