Team Petrosov at Guild Mortgage

01/16/2026

If you want to buy a home using the Dream For All program, you’ll need to sign up soon. Here are the important dates:

- The sign‑up website (called the Pre‑Registration Portal) opens February 24, 2026.
- It closes at 5 p.m. on March 16, 2026.
After that time, you can’t sign up anymore.

How it works:

1. You fill out a form on the website and provide pre-approval.
2. Lots of people want this program, and there isn’t enough money for everyone.
3. So, the program will randomly pick who gets to move forward - kind of like a raffle.
4. If you get picked, you’ll have 90 days to:
* Look for a house
* Make an offer
* And have a special approved lender lock in your loan

If you’d like help or want to get pre‑approved, contact me anytime!

10/17/2025

🌟 Dream for All is Coming Back in 2026! 🌟

Great news for California homebuyers — the CalHFA Dream For All Shared Appreciation Loan will be back for 2026!

If you’ve been held back by down-payment or closing costs, this program can help with up to 20% toward your home purchase, with no monthly payments on that portion until you sell, refinance, or pay off the loan. (One refinance is allowed without triggering repayment.)

✅ First-time or first-generation homebuyers may qualify
✅ Up to 20% down-payment help
✅ Lower upfront costs and flexible terms

We are an approved Dream for All lender and I can prepare your special pre-approval so you’re ready the moment funds become available.

👉 Message me today to get started!

Learn more here: https://www.calhfa.ca.gov/dream/

Nmls #2015537

05/06/2025

🔑 Unlocking the Secrets of Mortgage Credit Scores. Thinking about getting a mortgage? Your credit score plays a HUGE role in what you qualify for — and how much you’ll pay.

In this post, I break down:
✅ What a FICO score is
✅ What affects your mortgage score (and what doesn’t)
✅ Tips to boost your score
✅ What NOT to do
✅ How to check your credit report for free

👀 Whether you’re buying now or just planning ahead, these tips can save you thousands.

📩 Got questions? DM me — consultations are always FREE and no pressure.
📈 Let’s get you mortgage-ready!

nmls # 2015537

05/02/2025

Good news for the job market! 💪 The April jobs report came in strong today:

- 177,000 new jobs added (beating the estimate of 138k!) 🎉
- Unemployment rate held steady at a low 4.2% 👍

This signals a healthy economy! It likely means the Federal Reserve (the Fed) might hold off on interest rate cuts for now. Because of this, we saw stocks rally 📈 and bonds dip 📉 this morning.

Next week, the Fed meets (May 7th) - we'll be watching! 👀

Employers added 177,000 jobs in April, a slight dip in hiring from 185,000 in March. The unemployment rate was unchanged at 4.2 percent.

03/26/2025

The Consumer Confidence number for March came out lower than expected at 92.9, compared to the predicted 94.0. This is also down from February’s 98.3, which was later revised to 100.1 today. Normally, when people feel less confident about the economy, they spend less money. This would usually lower inflation (the rise in prices) and interest rates. But that didn’t happen today because the markets are more focused on figuring out how tariffs (taxes on imports) will affect prices and inflation.

Two reports on home prices were released yesterday. The FHFA report, which looks at all loans sold to Fannie Mae or Freddie Mac, showed home prices went up by 0.2% in January, with a yearly increase of 4.8%. The other report, the Case-Shiller report, tracks prices in 20 major cities and showed a 0.1% increase in January and a 4.7% yearly increase. While both reports give good information about home price changes, the FHFA report is more accurate because it uses more data from across the country.

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03/20/2025

The Federal Reserve (the group that helps control the economy) decided not to change interest rates right now. However, there were some changes because of new trade rules (called tariffs). They now expect the U.S. economy to grow a little slower in 2025 and 2026. They also think prices will go up a bit faster in 2025 than they originally thought, but they believe that the rise in prices because of tariffs won’t last forever. They still expect prices to rise at a steady pace after 2025. There’s also a chance that interest rates could be lowered twice later in 2025, but there’s a lot of uncertainty about what will happen.

The Federal Reserve on Wednesday kept interest rates unchanged as central bank officials weigh the impact of President Donald Trump’s aggressive economic agenda.

02/25/2025

💸 While many Americans struggle, the economy is still growing. Why?

📊 The top 10% of earners (those making over $250K/year) are doing really well:

🔝 They now account for 49.7% of all spending in the U.S. (up from 36% in 1995)
📈 They contribute nearly 33% of the country’s GDP
💵 Between 9/20-9/24, their spending rose by 58%
🏃‍♀️ Meanwhile, spending by the bottom 80% only increased by 25%, barely keeping up with inflation
⚖️ We're more dependent on the wealthy, and that means the economy is more tied to the highs and lows of their investments.

The top 10% of American households in terms of income earned are driving nearly half of all U.S. consumer spending, according to a new analysis by Moody's Analytics.

02/20/2025

A report from the Government Accountability Office (GAO) dated April 24 (before Trump was president) says that fraud in the federal government could cost between $233 billion and $521 billion every year. This estimate is based on data from 2018 to 2022. The report found that the U.S. Treasury loses the most money to fraud, with about 24% of its budget being affected. The Department of Labor follows with nearly 12%, and the Department of Veterans Affairs (VA) with about 10%. The Department of Defense loses about $20 billion each year, which is 1.85% of its budget.

No area of the federal government is immune to fraud. We estimated that the federal government could lose between $233 billion and $521 billion...

02/12/2025

Tariffs help reduce the number of imports by making them more expensive, which means fewer dollars are sent to other countries. With fewer dollars flowing out, the value of the U.S. dollar goes up. A stronger dollar can lower inflation, but it also makes U.S. goods more expensive for other countries, which can hurt exports. To reduce imports while boosting exports, a country could lower the value of its currency, but this would lead to higher inflation.

Though the US has historically used tariffs in its economic policy, those implemented by President Donald Trump’s first term led to inflation.

01/21/2025

President Trump gave an order to all government agencies to find ways to make housing more affordable and increase the number of houses available. We'll likely hear more about this from different housing agencies soon, but not much detail will come out until the new leaders of these agencies are in place.

Also, the stock market is predicting that the Federal Reserve will lower interest rates either in June or July, with a very high chance of the second cut to happen by the end of the year. Lower interest rates can help make borrowing money cheaper.

01/14/2025

In December, lots of people got new jobs, which is great news for workers and the economy. The U.S. added 256,000 jobs, way more than expected, and fewer people are without jobs now. But this made it harder for mortgage rates to stay low. The stock market dropped a lot, and the average 30-year mortgage rate went up to 7.24%, the highest it’s been in a year.

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01/09/2025

The mortgage-backed securities and mortgage rates are down a bit this morning. This is mainly because a new report showed fewer people filed for unemployment benefits last week than expected, signaling a stronger job market. The prediction was for 218,000 claims, but only 201,000 were filed, the lowest in 11 months. This drop suggests that layoffs are down, which could increase wage pressures, potentially causing inflation to rise.

The Federal Reserve also released minutes from their last meeting, showing they are concerned about rising inflation in 2025.

On the positive side, another jobs report (the ADP report) showed fewer new jobs were added in December than expected. However, this report is often considered less reliable than the official job report, which comes out this Friday. If that report shows fewer new jobs than expected, it could ease inflation concerns.