John Lillywhite's Housing and Mortgage Information

03/02/2023

Looking to wait until mortgage rates come down to buy a home? I'm not too sure that's a good strategy. Watch this video and then give me your advice and opinions.

11/30/2022

Riverside housing data. Let me know if you want data for your city.

11/29/2022

Prior to today, the news was not official. Now it is.

11/29/2022 -- FHFA ANNOUNCES CONFORMING LOAN LIMITS FOR 2023

​​​​​Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced the conforming loan limits (CLLs) for mortgages to be acquired by Fannie Mae and Freddie Mac (the Enterprises) in 2023. In most of the United States, the 2023 CLL value for one-unit properties will be $726,200, an increase of $79,000 from $647,200 in 2022.

07/23/2022

The Real Estate hype got you all confused? You're not alone. Let me help you understand some of the motivation behind keeping you confused.

01/07/2022

Highest Mortgage Rates in Nearly 2 Years

Seemingly overnight, the mortgage rate narrative has changed rather drastically, at least in relative terms. While rates had risen gradually from near-all-time lows in August, they were still in a historically low range by the end of December. A week later and we're at the highest levels in 2 years.

01/07/2022

FYI

01/05/2022

There's a change happening with how people are using mortgage loans and you should know about it.

People are making money in a very different ways than before. And most of the traditional loans don't yet know how to deal with them. New loan programs are making it possible to buy and refinance without all of the previous hoops and ridiculous guidelines.

If you make money in a non-traditional way or you've experienced a life event that has impacted your income, PM me.

I have the answers you need.

Thanks!

12/21/2021

My name is John Lillywhite and I support this infographic. :-)

10/21/2021

I expect to get some good information from this meeting.

🚨IMPORTANT!🚨 On Monday, October 25th, my office, Councilmember Edwards, and partners from the City of Riverside Planning Department will be hosting a virtual workshop on Accessory Dwelling Units.

Known as ADUs, Accessory Dwelling Units are smaller self-contained housing units located on the same lot as another home.

There have been many questions about how state legislation and local ordinances correlate to ADU building and this workshop will be the place to ask these question and learn more on the topic. Please join us!

10/18/2021

Shameless Ad For The Day.
For most of us, home ownership begins with the mortgage loan. The standard Fannie Mae - type loans often don't address our changing lifestyles. Self-employment, COVID, employment gaps or changes can make loans hard to obtain. But, not with Change. We have programs that *no other lender* has.
We open doors! Welcome in!

10/12/2021

Shameless 10-second ad for the day.