ARMs! Now, before anyone tunes out or starts holding up a cross or anything else to ward off demons…. Hear me out. Except for a few short-lived conversations with some more adventurous home buyers, the talk surrounding Adjustable Rate Mortgages for conventional conforming loans, not Jumbo, have been pretty quiet. The fixed rates have just…

Is it a good time to buy? So, by now everyone is pretty aware that interest rates have risen from their lows of a year ago and now, depending on the week, a 30 year fixed interest rate might hover in the 7% range. Great…..! But, there isn’t a lot of talk about home prices…

So, hold on to your seats. For a moment it looked as though we might start seeing some much-needed relief and then;   “This is the most uncertain time we’ve had in terms of understanding the underlying inflationary dynamics. So I’m having to let inflation guide me and I think we’re letting inflation guide us.…

Ok, so finally some good news! The proposed LLPAs were nothing short of a “transfer of wealth” and would have made purchasing a home much more expensive for a large segment of home buyers and home owners here in the Phoenix Metro area.   Not sure what is coming next or what FHFA is going to…

So, by now you may have heard of the new FNMA and Freddie Mac rules that aim to redistribute high-risk loan costs to homeowners with good credit. And I’m getting the same question from many of you, “Is it true, or just a hit piece?” So on the surface, yes, it is true, this will…

With rising interest rates lenders are busy looking for new ways to ease the pain of payment and bringing back some old favorites. One of those is the Temporary Buydown, either 2/1 or the 1/0. Both are helpful and both present a short reprieve from rising rates. This buydown is paid for by the seller…