New President, New Financial Outlook

A new administration is about to take office, one whose policies are largely yet to be known. Many are wondering what will happen to the real estate community, the mortgage industry, and in particular interest rates.  In an attempt to provide our clients with an answer, we begin by acknowledging that yes, rates appear to be on a..



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TRID is coming August 1st

Attention all buyers and sellers!  The new TRID, TILA-RESPA Integrated Disclosure rule goes into effect on August 1, 2015.  It is very important to understand what this rule is and what kind of impact it will have on escrows and closing on time!   On August 1st, 2015 the Loan Estimate replaces the GFE and early..



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The Time Value of Money vs. Real Estate Today and Interest Rates Tomorrow

The other day a client of mine from my business school called me up, and we reminisced about the days we spent together grueling over our finance classes.  He said to me that what we studied was so theoretical, and he rarely ever uses some of the finance theories we grappled with during our three years..



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Delayed Financing: A great way to take back your equity!

I am sure you have heard that this hot real estate market is full of all cash buyers.  We are seeing 10-20 offers on every property and the winning offer is often an all cash buyer.  What do these all cash buyers do with so much equity after the transaction?  They are turning to a product called..



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Loan Pre-Approval Process – How to be Prepared

My cousin in Naples, Italy recently asked me how the housing market was in the Bay Area.  I didn’t know where to begin and whether I wanted to reveal to her such a foreign anxious world that I lived in.  I decided to avoid the question entirely and just take in the peaceful stories of..



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Fuel Prices and Interest Rates

During the last 30 days there has been much news about energy prices and how low gas has been going.  It is very evident that our economic growth is not as aggressive as we thought or hoped.  Even though the Fed has ended the quantitative easing program, worried investors are continuing to put their money..



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Get Your Slice of San Francisco

In the market for your own slice of the city near your favorite slice of pizza? I took a look at property values and sales data as reported to the MLS for condos and TICs within 1/4 mile of a handful of the city’s most popular pizzerias. When looking at average price versus volume, the..



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Monica’s Corner – September

Rates have certainly edged up to the mid to high 4’s.  Many people were surprised from this movement up.  Given the fact that rates have been artificially maintained by the Federal Reserve printing money in order to devalue our currency and keep rates lower, rates should be higher.  How high will they go depends on..



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Monica’s Corner – Outlook

Our economy is still modestly growing. This means the Fed must continue its bond purchases, because of our anemic growth, and that means good news for new home buyers.  Rates should stay where they are at or possibly lower, so we still have time to take advantage of very good rates before the tapering commences…



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What the Heck Happened to Interest Rates This Week?

This week the Fed actually has seen positive news in the economy and believes that moving forward, we will see an improvement in home values, confidence and the overall economy.  Rates moving back up to where they should be is a actually a good thing. The reason why rates have been maintained artificially for five..



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