mortgage: Is The Increase In Inventory A Bullish Or Bearish Sign For Real Estate - 10/18/18 01:23 PM

mortgage: Why 5% Interest Rates Are Good For Buyers - 10/15/18 02:18 PM
In light of this the information below is crucial. You need to know what your buying power is. This way you will not be disappointed and have more success in your journey towards home ownership.
In many markets across the country, the number of buyers searching for their dream homes outnumbers he number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search.
Even if you are in a market that … (1 comments)

mortgage: Will Rising Interest Rates Lower Home Prices - 03/24/18 09:22 AM
Recently, Freddie Mac published an Insight Report titled
"Nowhere to go but up? How increasing mortgage rates could affect housing."
The report focused on the impact the projected rise in mortgage rates might have on the housing market this year.
Many believe that an increase in mortgage rates will cause a slowdown in purchases which would, in turn, lead to a fall in house values. Ultimately, however, prices are determined by supply and demand and while rising mortgage rates may slow demand, they also affect supply.
From the report:
 “For current homeowners, the decision to buy a new home is typically linked to their decision to … (0 comments)

mortgage: COSTCO OFFERING HOME MORTGAGE LOANS!! - 05/01/12 02:02 AM
Besides bulk mayonaise, flour, frozen items, and bakery goods...Costco has joined the mortgage loan market.  This giant retailer has done extensive research and have been involved in a pilot program for a year.
Costco Morgage Services also has programs for underwater homeowners on the verge of foreclosure.  Costco is advertising help for those who have found themselves unable to re-finance for one reason or another.

Costco has teamed up with First Choice Bank and their partner banks to provide mortgage services with a commitment to provide superior pricing, excellent member services, fast response times and … (3 comments)

mortgage: Do You Understand The Mortgage Process? - 05/04/11 02:52 AM
 Many home buyers do not understand how to navigate through the mortgage maze.  I have written about this before.  It is a very important step to go through before you start searching for a home. 
As a real estate professional, I can drive you all over town for weeks looking at everything available.  But it is not going to do you any good to find a house you love, only to find out you can not afford it. 
Make sure you are ready to buy a house before you start looking.  Equally as important is … (0 comments)

mortgage: WHAT DO I NEED TO DO BEFORE I BUY A HOME? - 05/21/10 10:24 AM
First things first...go and find out how much house you can afford to buy.  Get pre-approved for a loan.  Also remember to consider all of the costs associated with owning a home.  Property taxes, insurance, maintainance, and HOA fees.  Factor in all of the costs associated with running your household.  Do not get into a mortgage on a home priced  more than 2 to 3 times your gross income. The best scenario for the best rates on a mortgage is a borrower with at least 20% down.  One can qualify with as little at 5%..but make sure that you have enough reserve left … (2 comments)

Leslie DeLuca, No One Knows The Monterey Peninsula Like DeLuca (DeLuca Real Estate )

Leslie DeLuca

No One Knows The Monterey Peninsula Like DeLuca

Monterey, CA

More about me…

DeLuca Real Estate

Address: 801 Lighthouse Ave, Ste. 202, Monterey, CA, 93940

Office: 831-214-1934

Mobile: 831-214-1934



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