Posts Tagged ‘jumbo’
RERL-1732-Market Update
It’s been quite some time since covid -19 effectively shut down the economy, and a surprising number of markets and industries are thriving despite the grim expectations. When life becomes more unpredictable than normal, the only weapon consumers really have is knowledge that hopefully comes from a reliable source. Today Joe and Mike take a…
Read MoreRERL-1726-Lending and Real Estate Update
Interest rates are near all time lows, hovering around the mid to high 2’s depending on your loan amount, credit score, etc. While still low, many quotes you receive can be misleading, oftentimes costing you more money than you’ll save. Fortunately, the easiest way to figure out if a lender is a legitimate professional or…
Read MoreRERL – 1714 – Weekly Real Estate & Mortgage Update – COVID-19
Every week brings something new to the way we buy and sell real estate. As always, we aim to provide you will all the current information you need to make educated decisions. Today Joe provides a quick snapshot of what is going on with Silicon Valley real estate and lending and its relation to COVID-19.…
Read MoreRERL-1711- Market Update and Effects of COVID-19
It’s time for another round of COVID related market updates. There are all kinds of things affecting the market day to day and people need to know what interest rates are doing and what the buyer and seller markets are like. Getting prepared now can make a huge difference for the day when you want…
Read MoreRERL-1704-Bundle Select, Employee Real Estate Platform
Your wallet is under attack! There is a lot of noise out there with advertisers constantly jockeying for your attention that it can be downright tiresome before you even head home for the couch. Here on RERL you won’t find us selling you the latest craze, we believe in educating you on products and programs…
Read MoreRERL-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…
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