Blog

Jul
31
2024

Is a Second Mortgage Right for You? The Benefits and Pitfalls Explained
A second mortgage is a loan taken out against the value of your home, in addition to your primary mortgage. Essentially, it allows homeowners to tap into their property's equity for various purposes. While this financial tool can be beneficial, it's important to understand its potential...

Jul
29
2024

California Realtors gear up for changes in August
By Jeff Lazerson | jlazerson@mortgagegrader.com | MortgageGrader.com | July 29, 2024 Article originally posted in Orange County Register on July 25, 2024. August brings big change to our real estate industry, which I learned recently was top-of-mind for agents hosting open houses...

Jul
24
2024

New vs. Existing: Why a Newly Built Home Could Be the Better Deal
If you're looking for a new home, you might want to give newly built homes a closer look. Contrary to popular belief, new homes aren't always pricier than existing ones. In fact, they can often be more budget-friendly, especially in today's market. Sounds surprising, right? But let's dive...

Jul
23
2024

In California, a homebuyer can snare 30-year mortgage at 5.99%
That’s for loan amounts up to $766,550, also known as "conforming loans." By JEFF LAZERSON | jlazerson@mortgagegrader.com | MortgageGrader.com | July 23, 2024 Article originally posted in Orange County Register on July 18, 2024. While the Freddie Mac average 30-year fixed...

Jul
22
2024

Looking for a housing deal with lower rates? Economists say not so fast
UCI economics professor predicts home price appreciation will continue to rise at 10% per year. By JEFF LAZERSON | jlazerson@mortgagegrader.com | MortgageGrader.com | July 22, 2024 Article originally posted in Orange County Register on July 11, 2024. With no recession in sight, the...

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