First Time Homebuyer Problems and Solutions
Shopping for your first home in San Diego? As excited as you may be, there may be many obstacles you perceive to be standing in your way. But it is common for first-time homebuyers to overestimate these challenges. You may be surprised by how many solutions already exist to help you qualify for your first […]
Tips for Affording Your Down Payment as a First Time Homebuyer in San Diego
For many borrowers looking to purchase their first home, one of the biggest obstacles can be making the required down payment. You may however be surprised by how affordable your down payment could be. The following suggestions will help you to buy a home now without digging too deep into your savings. Tips For First […]
Great News for San Diego Home buyers – The Conforming Loan Limits for 2019 Have Been Raised!
Planning on buying or refinancing a home in 2019? You couldn’t have picked a better time for it! We’ve got some fabulous news to welcome in the New Year, and that is that conforming loan limits have taken a jump! Straight from the Federal Housing Finance Agency, the baseline limit for Fannie Mae and Freddie […]
Increase in Construction May Mean More Inventory for Buyers in San Diego
The impact that public and private sector construction spending has on moving the lending needle is obvious, but the strength of what has been and what will be is even more relevant in times like now. With that being said, construction spending posted a modest increase in July rising 0.7% from the revised June estimate […]
Return of the First-Time Home Buyers in San Diego
The National Association of Realtors® (NAR) announced that during the month of May sales of existing homes were at their highest rate in six years. This was on the heels of outstanding residential construction reports. Pushing 5.1 percent higher in April sales of single-family homes, condos and townhomes slide in at a seasonally adjusted annual […]
Mistakes San Diego Home Buyers Make That Increase Their Mortgage Closing Costs
Mistakes San Diego Home Buyers Make That Increase Their Mortgage Closing Costs Mortgage rates have an all-time low this year. However, even though many think this is a good thing – and it is, indeed –, numerous borrowers are faced with a strange phenomenon these days: parallel to the mortgage rates becoming more favorable, mortgage […]
