MORTGAGE RATES PUSH VA LOANS TO 19-YEAR HIGH The VA mortgage program continues to increase in popularity. Last year, the lowest VA mortgage rates in history combined with the program's common-sense underwriting to help push VA mortgage lending to levels not seen since 1994.…
A new series on valuable planning for you before you start looking for a new home will come in handy with these market conditions. According to the National Association of Realtors, in August, 29% of home buyers were first-time home…
With interest rates still in the low 4%’s, many buyers may be on the fence as to whether to act now and purchase a new home, or wait until next year. If you look at what the experts are predicting…
How Pre-Approvals Help You Win The Offer July, 2014 One of the best things you can do to help ensure that you have the best possible shot at getting the home you want to buy is to get pre-approved for…
HARVARD says buy a home... Considering a purchase of a home? Harvard recently issued a study outlining five financial reasons people should consider buying a home now and in the future. Eric Belsky is Managing Director of the Joint Center of Housing…
Recently a client asked me to explain what is Mello-Roos and explain how it will affect his purchase. Mello-Roos is a California act from 1982 that enables community facility standards to be set up by local governments as needed providing…
You’ve decided to move to a larger home. What should you do with your current home? Should you sell the home, or should you try to rent the home? A recent study concluded that 39% of buyers prefered to rent…
The staff at Dave Financial loves closing purchase loans. We especially love closing purchase loans quickly. The systems we have built allow us to close most purchase loans in 15 days or less! That is impressive considering the recent Ellie…
WHY VA LOANS ARE THE BEST LOANS AVAILABLE Backed by the U.S. Department of Veterans Affairs, VA loans are designed to help active-duty military personnel, veterans and certain other groups become homeowners at an affordable cost. A VA loan does…
I am often asked about the wisdom of making additional payments to the principle balance on a mortgage. While no one answer is right for everyone, here is some food for thought. Paying off a mortgage early is an excellent…