Supporting My Builders and Realtor Partners

It is time to prepare your taxes! If you are a RE Agent or Mortgage Professional there is a good chance you are considered self-employed and there are a lot of deductions available to you. This list ,compiled from several sources helped jog my memory of buying things like tires for my car. I hope...

The markets are quiet this morning for a change.  Treasury yields are little changed from yesterday’s close.  There is no major scheduled economic news today. It took a day like today to make me realize we have been on quite a ride recently. It feels like we survived the first big drop off the ro...

Great News!The FHA announced this morning that it is lowering the annual premium 25 bps.  It is effective for loans with a closing or disbursement date on or after January 27th, 2017.  By making the change effective for loans closed instead of case numbers assigned, it eliminates a lot of the con...

 For the past 17 years, Pantone – the world-renowned authority on color – has unveiled what they believe to be the color of the year. Their selection historically influences all facets of design, including home décor.2017’s Color of the Year is Greenery. According to Pantone, Greenery signifies b...

Fixed mortgage rates, which have been on a tear since the presidential election, retreated this week, falling for the first time in nine weeks.According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average tumbled to 4.2 percent with an average 0.5 point. (Points ar...

      Wage Gains Fall Short Friday's important Employment Report was positive for mortgage rates. The other likely market-moving event over the past week, a vote in Italy, had little impact. As a result, mortgage rates ended the week a little lower. Investors focused on the wage component of the ...

 The largest free community festival in San Diego, December Nights is expected to attract more than 350,000 visitors to the park over two days to revel and enjoy the season.Balboa Park December Nights, the nation’s premier holiday festival, will take place for the 39th consecutive year on Friday,...

Those that know me know I am a roll with the punches, always keep a positive attitude, silver linings guy. I know markets will change and I advise my clients with common sense and experience.Pardon me, but I am freaking out just a little at the moment. Two days ago our regional paper asked me to ...

Where mortgage rates headed in 2017?There are two answers to that question, a short-term answer and a long-term answer.To answer the short term question we need to start at the election in November. In the weeks after the election the stock market rallied to a historic high but the bond market dr...

For the first time  since 2006  the GSE's are raising the conforming loan limits for 2017. The base conforming  loan amount is going up from $417,000 to $424,100.. While this is outstanding news for most of the country, there are certain areas that are going to benefit more than others..  I do mo...