We’ve all heard the hype over Bitcoin as its value has surged in the cryptocurrency market. Well, it is tied directly to a new type of internet technology known as blockchain. In a basic sense, blockchain is essentially a decentralized network that allows digital information to be distributed and shared Continue Reading →
Most economic experts predicted that mortgage rates would continue their upward trend in 2018, even though the rates have remained at historic lows. Very recently, they made a big jump as bond yields increased. In fact, interest rates reached the highest level since the end of March. It sure looks Continue Reading →
When I started Transparent Mortgage in 2012, I wanted communication and trust to be the cornerstones of this business. After working for years at bigger mortgage companies, I realized that a lot of the customers came in feeling somewhat unsure about the process. Perhaps a friend or family member had Continue Reading →
Absolutely. And we are seeing mostly positive outcomes this time around. There are key distinctions between the sub-prime of old that got everyone into trouble and these new loans, also called “non-prime”, “Non-QM” (Non Qualified Mortgage) and “Alternative Financing”. The two primary being much larger down-payments required (20%+) and a Continue Reading →
The San Diego Tribune recently posted an article about rent costs in San Diego County, which reached record highs in March 2018. A survey was conducted by MarketPointe that researched 133,785 apartments throughout the county. The average rent price was $1,887 a month based on their figures that measure everything Continue Reading →
