Mitch Milat Riviera Financial Mortgage Beverly Hills

Mitch Milat Riviera Financial Mortgage Beverly Hills Riviera Financial Mortgage Mitch Milat
Mortgage Financing for Homebuyers &Homeowners Refinancing:
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06/18/2026

06/18/2026

You keep hearing the housing market is shifting in buyers' favor, but is it actually a good time to buy? Let's look at the real data and let the numbers speak for themselves.

A record 34 percent of sellers cut their list price in February, the highest we have seen in years. Inventory has now crossed pre-pandemic levels in many parts of the country, meaning buyers finally have genuine choices again rather than fighting over whatever happens to be available. And the lock-in effect that kept so many homeowners frozen in their low rate mortgages is officially easing, with more sub-5 percent rate holders deciding to list anyway.

Here is why all of that matters for you specifically. When sellers cut prices and inventory grows, buyers gain real negotiating power on things that often matter more than the headline price, including closing cost credits, rate buydowns, and repair concessions.

Those savings can add up to thousands of dollars and meaningfully change your monthly payment. Less competition also means you can take your time, conduct proper inspections, and make a smart and informed decision instead of rushing into a bidding war and hoping for the best.

The buyers winning right now are the ones who are pre-approved, staying ready, and acting decisively when the right home appears. Follow me for more on how to use this shift to your full advantage.

06/17/2026

Inflation just hit a three-year high and your clients are going to see that headline and feel nervous. Here is the good news you get to share with them right now and it genuinely changes the picture.

Yes the top number came in at 4.2 percent. That sounds alarming on its own and the headlines are not helping anyone stay calm. But the real story underneath that number is significantly calmer than the headline suggests. More than 60 percent of that increase came from one place: energy and gas prices. Strip those out and look at core inflation, the number the Federal Reserve watches most closely when making policy decisions, and it rose just 2.9 percent for the year. That actually came in softer than experts were expecting. Two very different stories from the same report.

That is exactly why the Fed is widely expected to hold rates steady at next week's meeting. The underlying data simply does not support a policy response when energy-driven volatility is doing most of the work in the headline number and core inflation is trending constructively.

When a client brings you that scary headline, you now get to be the calm trusted voice who walks them through what is actually happening beneath the surface. That is the kind of context and guidance that turns a nervous buyer into a confident one who is ready to make a smart decision rather than freeze in place waiting for things to feel better.

Follow me for more on what the headlines really mean for housing and mortgage rates.

Buying Your First Home? We’re Here to HelpAffordable loan options, expert guidance, and step-by-step support to make hom...
06/16/2026

Buying Your First Home? We’re Here to Help
Affordable loan options, expert guidance, and step-by-step support to make homeownership a reality.

Affordable loan options, expert guidance, and step-by-step support to make homeownership a reality.

06/16/2026

How to Choose Your Real Estate Brokerage
Let’s connect and talk about the latest insights in the industry!

06/15/2026

Mortgage Preapproval Can Move Fast

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315 S Beverly Drive 412
Beverly Hills, CA
90212

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+14242908294

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