Thomas Feng with Bay Area Connect and Joe Lima of Princeton Capital presenting your weekly Bay Area Financial / Real Estate Update. In this update we will be covering the current interest rates for conforming, agency, and whether the speed on closing makes a buyer’s offer more competitive in multiple offer situations. Have a question [...]
Thomas Feng with Bay Area Connect and Joe Lima of Princeton Capital presenting your weekly Bay Area Financial / Real Estate Update. In this update we will be covering the current interest rates for conforming, agency, and Princeton Capital’s loan that can do less than 20% down without Private Mortgage Insurance PMI! Have a question [...]
Thomas Feng with Bay Area Connect and Joe Lima of Princeton Capital presenting your weekly Bay Area Financial / Real Estate Update. In this update we will be covering the current interest rates for conforming, agency, and jumbo loans in the Santa Clara County, and how multiple offers have highlighted the importance of pre approvals. [...]
Thomas Feng with Bay Area Connect and Joe Lima of Princeton Capital presenting your weekly Bay Area Financial / Real Estate Update. In this update we will be covering the current interest rates for conforming, agency, and jumbo loans in the Santa Clara County and the rising employment and retail markets. Have a question about [...]
Points, sometimes also called a “discount point”, are a form of pre-paid interest. One point equals one percent of the loan amount. For instance, for a $100,000 loan one discount point equals $1,000. The reason home buyers buy points is to reduce the interest rate on their mortgage. The rate for your mortgage is usually [...]
When it comes to shopping for a mortgage, consumers seem to be most interested in obtaining the lowest mortgage rate. But it’s important to note that a mortgage rate is only as good as the associated costs and terms. In other words, be sure to focus on the closing costs, which can drive up the [...]
Getting a loan is the number one thing that will decide what type of home you can buy. Working with a reputable lender that is known for doing business in your area is beneficial for you on many levels. Not only do you know that they will follow through and provide you with the highest service [...]
Unless your a buyer that is coming in with all cash getting a loan is key in the home buying process. If you, or someone you know, has all cash to throw around give me a call, we need to meet up haha . One of the big keys in obtaining a loan in the [...]
