Category Archives : purchasing a home


home buying couple

4 Questions You Need to Know Before Buying a Home

How Much Home Can You Afford? This is one of the top questions home buyers have. Having said that, it may be the incorrect question in terms of your finances. Rather than trying to afford the highest home price a lender tells you, it may be better to figure out the maximum monthly payment you […]


interest rates and affordability

Will Higher Interest Rates Hurt Real Estate?

Overall higher interest rates will not impact homeowners too much with just a .25% increase. This should comfort existing homeowners who monitor their equity along with prospective home buyers nervous about their new purchase.   The Federal Reserves’ short-term interest rates have been at zero going back to December 2008. The moment the Fed truly […]


Which 3 Percent Down Mortgage Program is Best: FHA or Conventional 97?

On January 8, 2015, President Obama reported there will be a reduction in the FHA annual mortgage insurance premiums (MIP).  Following that announcement, the National Association of Realtors (NAR) predicts that a reduction in the yearly MIP .50 to .85 percent will make it possible for a good number of first-time home buyers and get […]

3 bed 2 ba home financing in Aliso Viejo

loan consultant with clients

When Is The Right Time To Get A Mortgage?

If you are wondering when is the right time to get a mortgage you are probably focusing on when you should start shopping for homes. You may be surprised that picking the right time to apply can save you a lot on the interest rate you are offered. Mortgage lenders are more lenient with fees […]