Loans by Tammy

09/18/2024

In light of the progress on inflation and the balance of risks, the Committee decided to lower the target range for the federal funds rate by 1/2 percentage point to 4-3/4 to 5 percent. In considering additional adjustments to the target range for the federal funds rate, the Committee will carefully assess incoming data, the evolving outlook, and the balance of risks.

09/12/2024

The market is shifting, and mortgage rates are dropping! Whether you're dreaming of a new home or looking to refinance, now could be the perfect time to make your move. Are you ready to take the next step? Let's talk about how these lower rates can work for you.

08/20/2024

As a result of lower rates, refinance applications increased across all loan types, particularly for VA loans, and were almost 60% higher than it was at this time last year and were at its highest level in two years. Let's chat about your options and see if refinancing makes sense for you.

08/09/2024

'Homebuyer affordability conditions improved for the second straight month as declining mortgage rates continue to increase purchasing power and is enticing some borrowers back into the housing market,' said Edward Seiler, MBA's Associate Vice President, Housing Economics, and Executive Director, Research Institute for Housing America. 'The median loan application amount fell to $320,512 in June, indicating that home-price growth is moderating, which should boost additional activity.' This is according to the Mortgage Bankers Association's (MBA) Purchase Applications Payment Index (PAPI), which measures how new monthly mortgage payments vary across time – relative to income – using data from MBA's Weekly Applications Survey (WAS).

08/02/2024

Applications to refinance a home loan jumped 15% recently, to the highest level since August 2022, according to the Mortgage Bankers Association’s seasonally adjusted index. Demand was 37% higher than one year ago when mortgage rates were exactly the same.

04/11/2024

Why not live in one and rent out the others? The FHA 2-4 unit, owner-occupied loan program is a great way for first-time and low-to-moderate income homebuyers to get into a multifamily property. With low down payments, flexible credit requirements, and the ability to use rental income from the other units to qualify, it's an accessible path to building wealth through real estate. Reach out to me today to learn more about this FHA program and see if it could be the right fit for your homeownership goals!

03/13/2024

As an experienced mortgage professional, I understand that purchasing a home is one of the biggest financial decisions you'll ever make. That's why I'm committed to providing you with smart financing solutions tailored to your unique needs and goals. From competitive interest rates to flexible loan options, I'll work closely with you to find the perfect mortgage that fits your budget and lifestyle.

11/21/2023

For Thanksgiving this year I’m taking part in a charity event in support of Family Promise who’s mission is this:

Our mission is to help families experiencing homelessness and low-income families achieve sustainable independence through a community-based response.

I am involved in a community of real estate investors headed up by Pace Jordan Morby, who organized a donation drive nationwide for this cause. Please see the attached flyer for our San Diego donation drive and donate if you can! Thank you for your support!

03/10/2021

Keeping an eye on rates today and where they are headed.....will we continue to move upward? If you are thinking of a refinance and haven't done one yet in the last few months of low rates, now's the time to get started before rates creep up too high.....which seems to be the trend.

2021's rate spike is big enough and has been going on long enough that there is widespread speculation about how much worse it could get.  While it is true that more pain would only increase the ...

02/13/2020

Getting it done with speedy EASY closings! If you happen to be looking to buy a home or refinance a property you already own, let’s talk!