Are you thinking about buying or selling a home? If you don't know a real estate agent or have a referral to one, you may end up working with someone unfamiliar who you will need to build a relationship with. Of course, as with any relationship there's always a chance that things can go sour. In today's blog post we'll share three easy ways that you can ruin the trust and rapport that you've built with your real estate agent. #1: Lie or Embellish the Facts When you ask a real estate agent to … [Read More...]
The Federal Open Market Committee (FOMC) said in its last statement for 2014 that although economic conditions have improved at a moderate pace, the Fed believes that the target federal funds rate of between 0.00 and 0.25 percent remains "appropriate." While labor markets show expanding job growth and lower unemployment rates, FOMC members noted that housing markets are recovering slowly. Inflation remains below the committee's target rate of two percent; this was attributed to lower fuel costs. … [Read More...]
So – you've completed an initial mortgage pre-qualification and now you're ready to take the next step and meet with your lender or mortgage advisor for the pre-approval interview. Are you ready? At this stage of the application process your lender will dig into your financial background to ensure that you're fully capable of making your mortgage payments and that you don't present too high a risk. Let's take a quick look at a few questions you should know the answers to before you go in … [Read More...]
Home Builder Sentiment slipped to a reading of 57 in December according to the National Association of Home Builders Housing Market Index. November's reading of 58 prompted analysts to project a reading of 59 for December. The latest reading marks the sixth consecutive month for readings above 50. Any reading over 50 indicates that more builders are positive about housing market conditions than not. The one-point decline in December's reading kept the NAHB Housing Market Index within two points … [Read More...]
Although there were few scheduled economic events related to mortgages and housing, last week brought an article about housing projections for 2015. Other news included increased job openings along with lower than expected jobless claims and higher mortgage rates. Job Openings, Retail Sales and Mortgage Rates Rise The U.S. Department of Commerce reported that November job increased to 4.80 million as compared to October's reading of 4.70 million job openings. Weekly jobless claims corresponded … [Read More...]
Are you feeling the "renovation itch" or perhaps looking for a fun project that you can take on which will provide you with a return on your investment? There are numerous home upgrades and renovations that can add value to a home without costing a large sum of money to complete. Let's take a look at three popular home renovations that can increase your home equity without draining your bank account. Paint Your Home Inside and Out Painting the interior or exterior of your home costs very little … [Read More...]
Are you about to buy a house or condo for the first time? Congratulations! Owning your own piece of real estate is a liberating experience and one that will provide you with the foundation to build your personal wealth and equity. Once you own your own home you'll be responsible for a variety of new costs, including property taxes which are assessed by your local government to pay for municipal services. In this blog post we'll share how property taxes work and what you can expect to pay for … [Read More...]
C2 Financial Corporation is licensed by the California Bureau of Real Estate,
Broker #01821025; NMLS #135622.
Mike Costaglio is licensed by the California Bureau of Real Estate #0574968, NMLS #238627
Loan approval is not guaranteed and is subject to lender review of information.
Loan is only approved when lender has issued approval in writing.
Specified rates may not be available for all borrowers. Rates subject to change with market conditions.