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Mortgage News Weekly

Happy Monday That didn’t last long. Dream For All is GONE, and our rate rally last week went up in smoke. Apologies for the email being later than usual. A rate shift of this caliber causes us to play defense with clients as the news of these rates have not filtered down to mainstream media. Let’s […]

Mortgage News Weekly

Happy Monday The Federal Reserve’s continued rate hikes attempt to break the economy like an Arizona 1st-round bracket buster. The prime rate now sits at 8.00%. Despite this, mortgage rates look fantastic this morning and will hopefully start a solid trend. A new quarter is here, and we’re in full Spring buying season. Lots of activity with clients looking […]

20% Down Payment Assistance – California Dre...

CalHFA released the guidelines for the much-anticipated Dream for All 20% down payment assistance program. Borrower Eligibility + Requirements:  Must be a first-time buyer.  Occupy the property as a primary residence; non-occupant co-borrowers are prohibited.  CalHFA borrowers must complete two levels of homebuyer education counseling and obtain a certificate of completion through an eligible homebuyer counseling organization.Only one occupying first-time […]