Saturday Strategy
Mortgage FAQ's, did you knows and much more...
New Build Financing Insights
In the current market, some new build lenders offer substantial credits to lower interest rates. While this may seem appealing, it's crucial to evaluate the long-term implications. We recently reviewed a client's loan estimate with nearly $40,000 in credits to reduce interest rates, but the home's price was only $380,000. Essentially, they were paying almost 10% more for the house upfront. Yikes! Check out this weeks Saturday Strategy Video
Check this out... the Annual Percentage Rate (APR) exists to reflect the true interest rate. In some cases, it can be deceptively high, around 11 to 13%+, due to excessive upfront costs.
Don't rush into decisions. The lowest rate with the wrong strategy can cost you thousands.
The Fed Just Raised Rates. Buyers Still Have Leverage.
Inside Lending FOR THE WEEK OF September 21, 2026 QUOTE OF THE WEEK “You can’t wait for inspiration. You have to go after it with a club.” — Jack London, American novelist NATIONAL MARKET UPDATE Active inventory climbed 5.0% from last year and remains near its highest level since 2019. More homes to choose from,…
Jobs Keep Rates Higher but Buyers Just Got More Leverage — Here’s What’s Behind It
Inside Lending FOR THE WEEK OF September 8, 2026 QUOTE OF THE WEEK “A person who never made a mistake never tried anything new.” — Albert Einstein, Theoretical physicist NATIONAL MARKET UPDATE Housing inventory reached 1.15 million homes, the highest level since 2019 and up 4.7% from last year. More choices and softer prices continue…
Remote Work Is Bringing Buyers to Greater Phoenix, and Reshaping Where They Buy Once They’re Here
If you can work from anywhere, the question isn’t just “can I afford a home.” It’s “where does my paycheck actually go furthest, and what kind of life am I building.” For a growing number of buyers, the answer keeps landing on Greater Phoenix. I’m seeing this play out two ways right now, and both…
Is Buying ASU Student Housing Better Than Renting?
For many Arizona parents, college planning eventually becomes a pretty expensive question: How are we going to pay for four years of tuition, housing and everything else that comes with college? Most families immediately think about 529 plans, savings, student loans or possibly pulling money from retirement accounts. But there may be another strategy worth…
Buyers Have More Leverage Than They’ve Had in Years — But This Week Could Change That
Inside Lending FOR THE WEEK OF August 31, 2026 QUOTE OF THE WEEK “Success is the sum of small efforts, repeated day in and day out.” — Robert Collier, American author NATIONAL MARKET UPDATE Active inventory reached 1.14 million homes, its highest level since 2019, while the median asking price slipped to $420,000. Homes are…
Buyer Leverage Is Back: Inventory Hits Its Highest Level Since 2019
Inside Lending FOR THE WEEK OF August 24, 2026 QUOTE OF THE WEEK “The cure for boredom is curiosity. There is no cure for curiosity.” — Dorothy Parker, American poet, critic, and screenwriter NATIONAL MARKET UPDATE Active inventory climbed 3.6% from a year ago and reached its highest level since November 2019, giving buyers more…
Here’s Why Mortgage Rates Are What They Are Right Now (And What It Means for Greater Phoenix Buyers)
If you’re waiting for mortgage rates to fall a lot before you buy in the Valley, you may be waiting a while. But before you get discouraged, there’s a number working behind the scenes that’s actually good for you right now. It’s called the spread, and once you understand it, you may see today’s rates…
Rates Hit a 4-Week Low as Inventory Reaches Its Highest Point Since 2019
Opportunity is missed by most people because it is dressed in overalls and looks like work. Active inventory rose 3.2% and approached 1.2 million homes, its highest level since November 2019. Mortgage delinquencies improved slightly during the second quarter.
P.S. Can I count on you to contact me if you hear that a friend, family or coworker is looking to buy, sell or refinance? Call/Text 480.553.8770 - We'd be honored to help them too!