Shon Atabaki at Guaranteed Rate Affinity

08/19/2017

Interest rates may help purchasing power a bit more in second half of 2017!

Mortgage rates moved lower again. Drama surrounding the Trump administration was also present. But this time around, the political theater wasn't responsible for the move lower in rates. In fact, it resulted in multiple lenders adjusting rate sheets higher...

11/28/2013

10/09/2013

Reduce conforming loan sizes in a time of housing recovery when we are seeing prices increase, and need larger loan sizes to correspond with those prices..? Is this really what the housing market needs right now?
http://www.mortgagenewsdaily.com/10092013_loan_limits_demarco.asp

Pressure appears to be building on the Federal Housing Finance Agency's (FHFA) acting director to back down or at least delay an intended reduction in conforming loan limits for Fannie Mae and Freddie Mac (the GSEs). In August Edward J. DeMarco announced plans...

09/23/2013

Yes...it is a no brainer, if your mortgage was done before May 31st 2009, and you haven't HARPED yet....call me.

http://www.mortgagenewsdaily.com/09232013_harp_fhfa.asp

Feeling that they may have reached only about half of the families who could benefit from the program, the Federal Housing Finance Agency (FHFA) launched a campaign today to inform homeowners about the Home Affordable Refinance Program (HARP). The campaign...

07/22/2013

http://www.mortgagenewsdaily.com/07222013_fannie_mae_forecast.asp

Fannie Mae said today in its July Economic and Strategic Report that the view expressed in these reports since the first of this year has not changed; growth will pick up in the second half of 2013. Consumer fundamentaks - steady job creation, recovery highs...

03/13/2013

FHA loans are getting more expensive...again....at Guaranteed Rate I have access to 3% downpayment conventional loans, with cheaper mortgage insurance than FHA...this is your answer and alternative to the more expensive FHA loans today. With FHA you are also often times limited on condo buildings. Go conventional-and Go 3% down with Shon at Guaranteed Rate!