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818-627-Lend (5363)

David Lerman

NMLS ID 1546749

818-627-5363 brett@calunionfunding.com

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How Interest Rates Can Impact Your Monthly Housing Payments

Spring is right around the corner, so flowers are starting to bloom, and many potential homebuyers are getting ready to step into the market. If you’re thinking of buying this season, here’s how mortgage interest rates are working in your favor. Freddie Mac explains:“If you’re in the market to buy a home, today’s average mortgage rates are something to celebrate compared to almost any year since 1971…Mortgage rates change frequently. Over the last 45 years, they have ranged from a high of 18.63% (1981) to a low of 3.31% (2012). While it’s not likely that the average 30-year fix...

March 30th, 2020 How Interest Rates Can Impact Your Monthly Housing Payments

Real Estate Is Soaring, But Not Like 2008

Unlike last year, the residential real estate market kicked off 2020 with a bang! In their latest Monthly Mortgage Monitor, Black Knight proclaimed: “The housing market is heating entering 2020 and recent rate declines could continue that trend, a sharp contrast to the strong cooling that was seen at this same time last year.” Zillow revealed they’re also seeing a robust beginning to the year. Jeff Tucker, Zillow Economist, said:“Our first look at 2020 data suggests that we could see the most competitive home shopping season in years, as buyers are already competing over…hom...

March 17th, 2020 Real Estate Is Soaring, But Not Like 2008

Impact of the Coronavirus on the U.S. Housing Market

 The Coronavirus (COVID-19) has caused massive global uncertainty, including a U.S. stock market correction no one could have seen coming. While much of the news has been about the effect on various markets, let’s also acknowledge the true impact it continues to have on lives and families around the world.With all this uncertainty, how do you make powerful and confident decisions in regard to your real estate plans? The National Association of Realtors (NAR) anticipates: “At the very least, the coronavirus could cause some people to put home sales on hold.”While this is an underst...

March 6th, 2020 Impact of the Coronavirus on the U.S. Housing Market