Posts Tagged ‘economy’
RERL-1780 – Reverse Mortgages & Alternative Financing
Years ago, people got in trouble for taking advantage of the elderly by abusing reverse mortgages. Today the reverse mortgage still carries around a lot of that stigma, but that ends now! With interest rates still solidly in the 7% range, a reverse mortgage can be a tremendous benefit to any homeowner aged 62 or…
Read MoreRERL-1780 – Reverse Mortgages & Alternative Financing
Years ago, people got in trouble for taking advantage of the elderly by abusing reverse mortgages. Today the reverse mortgage still carries around a lot of that stigma, but that ends now! With interest rates still solidly in the 7% range, a reverse mortgage can be a tremendous benefit to any homeowner aged 62 or…
Read MoreRERL-1779 – When will rates improve enough to make a difference?
How low do rates need to go to make a difference in the marketplace? Just a couple years ago consumers could get 30-year fixed loans with interest as low as 3%. This spurred a huge boom in refinances and home purchases. To no one’s surprise, interest rates jumped up to 8%. The sudden spike paralyzed…
Read MoreRERL-1779 – When will rates improve enough to make a difference?
How low do rates need to go to make a difference in the marketplace? Just a couple years ago consumers could get 30-year fixed loans with interest as low as 3%. This spurred a huge boom in refinances and home purchases. To no one’s surprise, interest rates jumped up to 8%. The sudden spike paralyzed…
Read MoreRERL-1776 – Is Money Changing the Culture of Silicon Valley?
When the housing market was strong, nearly everyone either had a part time gig in real estate or they fully switched career paths for easy money. Now that the market has slowed, nearly 40% of loan officers declined the option to renew their license this year. It’s an unfortunate, but necessary cycle that weeds out…
Read MoreRERL-1776 – Is Money Changing the Culture of Silicon Valley?
When the housing market was strong, nearly everyone either had a part time gig in real estate or they fully switched career paths for easy money. Now that the market has slowed, nearly 40% of loan officers declined the option to renew their license this year. It’s an unfortunate, but necessary cycle that weeds out…
Read MoreRERL-1774 –Why right now is the best time to buy!
Rolling into a new quarter means new changes are happening in the real estate market. Interest rates are finally starting to trend down after 2-3 years of rate hikes and it’s likely that this summer the Bay Area will see more transactions now that the worst of covid seems to be over. Listen in as…
Read MoreRERL-1774 –Why right now is the best time to buy!
Rolling into a new quarter means new changes are happening in the real estate market. Interest rates are finally starting to trend down after 2-3 years of rate hikes and it’s likely that this summer the Bay Area will see more transactions now that the worst of covid seems to be over. Listen in as…
Read MoreRERL-1772 – Will the Failure of Silicon Valley Bank Have Broader Ramifications?
It’s been quite a day for Silicon Valley. Stock prices for Silicon Valley Bank plunged from a hearty 260 to a meager 26, a whopping 90% reduction, over the course of just a few days! Solvency and liquidity have become an urgent issue for Silicon Valley bank as it has backed many FinTech startups over…
Read MoreRERL-1772 – Will the Failure of Silicon Valley Bank Have Broader Ramifications?
It’s been quite a day for Silicon Valley. Stock prices for Silicon Valley Bank plunged from a hearty 260 to a meager 26, a whopping 90% reduction, over the course of just a few days! Solvency and liquidity have become an urgent issue for Silicon Valley bank as it has backed many FinTech startups over…
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