Posts Tagged ‘jumbo’
RERL-1648-Two Italian Guys Talkin Real Estate
Rates are close to all time lows which means your buying power is high. When analyzing your position as a seller then as a buyer it’s important to think about how the sales price of your house evens out with good rates. Even if you lose a little on the sell side in today’s flattened…
Read MoreRERL-1618-Rates Drop! Buyers & Sellers on the Move!
Rates have dropped big time on jumbo financing the last couple weeks and my drop even more. Rates are now under 4% and anyone with a rate of 4.5% or higher could save a serious chunk of change with a low to no cost refinance. This opportunity could easily vanish should the rates jump in…
Read MoreRERL-1553-Bill Benson-Reverse Mortgages
There is a lot of equity in a lot of homes around the Bay Area. For most people their home is their largest asset and a resource they can tap when income is needed. Reverse mortgages are not great for everyone, but it can be for the right person. Today Joe welcomes back Bill Benson,…
Read MoreRERL-1529-Home Buyers – financing options in a changing market
The market is changing and buyers are watching the mania settle down. Interest rates are on the rise and by next year we could be seeing rates near 5%. One of the dilemmas paralyzed buyers now face is feeling locked in by their low interest rate and not wanting to sell their current residence. Today…
Read MoreRERL-1517- Do Consumers Care About Wells Fargo’s Reputation? & New Loan Programs Being Introduced
We are all very aware that Wells Fargo has fallen on some tough times when it comes to consumer complaints. Lawsuits are piling up as the company gets caught with false accounts, mortgage fees and more. Today Joe looks back at the problems plaguing Wells Fargo and questions if they change the way you do…
Read MoreRERL-1495-Reverse Mortgages with Bill Benson
Years ago reverse mortgages carried a bad name, but today this loan is simply another tool in your shed. When it comes to knowing the ins and outs of reverse mortgages there is only one guy Joe knows that lives it every day. Reverse mortgage expert Bill Benson steps into the studio with Joe to…
Read MoreReverse Mortgages –Strategy Or Scam?
Many older people are living in the Bay Area with a lot of equity in their homes and not a lot of cash. Whether you need the money to cover medical costs or are just looking for a way to age in place, options are available to you; a reverse mortgage specifically. Today Joe is…
Read MoreWells Fargo in the News & Our Love Hate Relationship with Banks
The nightmare continues for Wells Fargo which is back in the news again and not for good reasons. The banking giant accidentally leaked the personal information of over 50,000 high dollar clients, mistakenly providing it to a former employee who is now suing a current employee for defamation. Not good publicity following its fake account…
Read MoreInterest Rates Update and 30-Year Fixed Alternative Programs
A lot of marketing companies and lenders will intentionally mislead you with the promise of low rates with your only disclaimer being some incredibly fine print or unintelligible dialogue. As the saying goes “If it’s too good to be true, it probably is.” Today Joe provides us with a true update on interest rates and…
Read MoreReverse Mortgages With Bill Benson
One thing many Bay Area seniors have working to their advantage right now is incredible amounts of equity. Joe sits down with reverse mortgage specialist, Bill Benson, to show us the ins and outs of a reverse mortgage that make retirement more comfortable for our seniors. Is the Bay Area ripe for the reverse mortgage…
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