Abe Gomez - AZ Mortgage Broker, LLC

01/30/2025

“Let me tell you this Linda…” is how I address my borrowers sometimes when they don’t understand “mattress money” is not an acceptable source for their down payment! 😉🤷‍♂️

04/23/2023

Never a bad time to own!

In the top 10 areas with the highest homeownership rates for middle-income households, owners gained $110,000 in wealth on average in the last decade.

04/18/2023

🏡🧐

Mortgage rates reached their lowest point in two months last week as the job market showed signs of cooling, according to data released by the Mortgage Bankers Association (MBA) this week…

04/18/2023

🤔

Mortgage rates decreased for the fifth consecutive week. Incoming data suggest inflation remains well above the desired level but showing signs of deceleration. These trends, coupled with tight labor markets, are creating increased optimism among prospective homebuyers as the housing market hits its...

02/23/2023

💸 vs 🏡

Understand the financial differences between renting and owning a home.

01/24/2023

Interesting take on rates.

“Mortgage rates will likely continue their downward trek this week. Stay tuned.”

12/24/2022

A prequal is recommended even if you don’t plan to purchase for several months or until Summer. Let’s get an idea on where you stand and get you a game plan.

Housing affordability and inventory challenges significantly impacted first-time buyers in 2022. Find out more in the NAR 2022 Profile of Home Buyers and Sellers. http://ow.ly/G36i50M4Kn3

12/15/2022

Here’s hoping for additional downward trends.

"Mortgage rates dropped even further this week ... the 30-year fixed mortgage rate fell to 6.31% from 6.33% the previous week." http://ow.ly/VJrI50M4Pqw

12/15/2022

Interesting…

Mortgage rates continued their downward trajectory this week, as softer inflation data and a modest shift in the Federal Reserve’s monetary policy reverberated through the economy. The good news for the housing market is that recent declines in rates have led to a stabilization in purchase demand....

11/22/2022

Get preapproved and be ready for the potential for rates to settle early to mid next year.

NAR Chief Economist Lawrence Yun expects there to be a further uptick in home prices in 2023, even if mortgage rates stay at or near 7%.

11/11/2022

Raising rates have you thinking twice of purchasing? Don’t let it derail your dream of home ownership! Ask me about our Temporary Interest Rate Buydown programs available.