The Trade War with China caused mortgage rates to plummet this week. Though it remains to be seen how the economy as a whole will be affected in the long term, it’s great news right now for home buyers looking to lock in a low interest rate. Those benefitting most, Continue Reading →
San Diego remains a red hot seller’s market. Mortgage interest rates remain fairly low while housing prices surge. Right now, it’s the perfect storm of situations, but are sellers really benefiting? Low Housing Inventory Probably the biggest factor to look at is the lack of inventory. New homes aren’t being Continue Reading →
Erika Peña recently joined the Transparent Mortgage team as a Pre-Approval Specialist. Her role is vital to the process because she gathers and reviews loan applications and information from clients to help determine if they pre-qualify for a mortgage loan. The Pre-Approval Process Upon receiving a new loan application, Erika Continue Reading →
Anyone who’s been to college on a student loan understands how massive these debts can be. Today’s average undergraduate leaves college with more than $30,000 owed in student loans! It can take many years to pay them off. People still in debt with student loans look at them as a Continue Reading →
Home ownership is the American Dream. At the same time, a mortgage represents a significant financial obligation. It is true that you will owe a lot of money when you borrow to buy a home. However, there are many tax benefits and other reasons why getting a mortgage is a Continue Reading →
