Meet the New Leader of the Pack
The Morales Group is raising the bar in the mortgage industry. Led by one of this generation’s finest and most influential mortgage professionals, the Morales Group is flourishing with success. From...
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Do you know a First Time Buyer?
53% of all home purchases are made by First Time Home Buyers! and 50% of FTHBs have no idea the $8,000 Federal Tax Credit exists? With falling home prices and lower interest rates, many Americans are...
View ArticleThe Week in Mortgage
Happy Friday to you all. As the week winds up, we are seeing more and more activity on the market. We had huge rate fluctuations this week with an initial spike last Friday and a decline in rates as...
View ArticleFederal Reserve Leaves Rates Unchanged and Keeps Debt Buying Plan
The Federal Reserve's Federal Open Market Committee today voted to keep the target range for the federal funds rate at 0 to 1/4%. In addition, the Fed said it would continue programs to keep mortgage...
View ArticleSenate Clears Homebuyer Tax Credit Extension to Pass This Week
After two weeks of delay, the Senate last night cleared the way to pass a seven month extension and expansion of the tax credit for homebuyers. By an 85 to 2 roll call vote, the Senate voted to cut off...
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The "Ins" and "Outs" of Credit: how to manage and improve your credit score
A lot of clients come to me with questions about their credit. These days, it seems like the slighest variance can be the difference between being "In" or "Out". I hate to admit it, but it feels like...
View ArticleWhen "FREE" is NOT too good to be true: the secrets of the No Cost Refinance
In the modern age of information and efficiency, we find ourselves having less time to worry about service and dependability, and only tend to focus on value. Out of this nuance, the mortgage industry...
View ArticleLine of Credit: When to pay and when to refinance
A lot of borrowers I speak with that have an outstanding Home Equity Line of Credit are debating whether to withdraw funds from that account in order to pay off their primary mortgage. To most this...
View Article15 Year Fixed Mortgage Refinance - The Secret to Paying down your Mortgage
Recently, I have had many of clients inquire about paying down their mortgage at a faster rate. Even though that usually means a jump in their monthly payment, a shift in thinking seems to be taking...
View ArticleWho Needs a Tax Credit? Why today's low mortgage rates offset the first time...
I was thinking of several buyers who gave up on home ownership because they didn’t get an offer accepted prior to the $8,000 federal tax credit. Even now, long after the April 30th tax credit deadline...
View ArticleExtension of Bush-Era Tax Cuts May Increase Consumer Confidence
This recent week of December 6th-10th proved to be an interesting one for the White House and Senate. President Obama announced earlier in the week that the framework for a proposal to extend Bush-era...
View ArticleGood News for Real Estate Investors! Happy Holidays!
Happy Holiday Edition!With the markets moving around and the constant shakeup last week, I thought I would offer some insight into what we can expect for the 1st Quarter of next year, 2011. In...
View ArticleSan Diego Poised for Affordable Property Prices in 2012
As the first decade of the 21st century comes to a close, predictions regarding what the San Diego real estate market will do in 2011 are surfacing. The good news is that most local analysts predict...
View ArticleRealtyTrac and DataQuick Report a Decrease in San Diego Foreclosures
Uplifting news: In the beginning months of 2011, RealtyTrac (a company that specializes in foreclosure listings) and DataQuick Information Systems reported a decrease in the amount of foreclosed...
View ArticleMortgage Help is on the Horizon
Many San Diegans are concerned about the condition of the federal and local economy, so it’s great to hear that 4 new state programs have been designed to help troubled homeowners stave off...
View ArticleCEO of Fannie Mae Discusses the Mortgage Industry While in San Diego
In recent real estate news, Michael J. Williams, the President and CEO of Fannie Mae since April 2009, spoke at an annual real estate symposium the morning of March 3, 2011. The annual conference was...
View ArticleDisaster Home Loans Still On Hand for San Diegans
If your home was damaged because of the heavy storms that blasted through greater San Diego during December 2010 and early parts of this year, don’t fret! I’m happy to announce that you might be...
View ArticleCrisis causes Mortgage Rates to Drop
My heart goes out to those affected by the natural disaster crisis in Japan. The citizens of Japan are in our nation’s thoughts and prayers. These days, everyone around the world is connected in one...
View ArticleBank of America Aids Military Homeowners
I am pleased to announce that Bank of America is offering our country’s military personnel help in the mortgage department! B of A is offering new mortgage programs as of late. One such program reduces...
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