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P.S. Can I count on you to call us when any friends, family or coworkers are looking to buy, sell or refinance a home? We'd love to help! You can just text/call me at 480.553.8770.
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Affordability Improves, Rates at 11-Month Low
Inside Lending – Week of September 8, 2025 QUOTE OF THE WEEK “I installed a skylight in my apartment… the people who live above me are furious!”—Steven Wright, American stand-up comedian, actor, writer, and film producer NATIONAL MARKET UPDATE The Mortgage Bankers Association notes, “Affordability conditions have now improved for two consecutive months,” as the…
Big News for Homebuyers: Privacy Protection Is Here
On September 5, 2025, President Trump signed into law the Homebuyers Privacy Protection Act (H.R. 2808). For too long, homebuyers have been hit with a flood of calls, texts, and emails from competing lenders immediately after applying for a mortgage — all because of a practice called “trigger leads.” That ends now. Here’s what the…
What Mortgage Delinquencies Tell Us About the Future of Foreclosures
You may be seeing headlines about how foreclosures are rising. And if that makes you nervous that we’re headed for another crash, here’s what you should know. According to ATTOM, during the housing crash, over nine million people went through some sort of distressed sale (2007-2011). Last year, there were just over 300,000. So, even with…
Home Prices Cool as Buyers Gain Leverage
Inside Lending For the week of SEPTEMBER 2, 2025 QUOTE OF THE WEEK “Two things are infinite: the universe and human stupidity; and I’m not sure about the universe.”—Albert Einstein, German-born American theoretical physicist NATIONAL MARKET UPDATE The Pending Home Sales measure of signed contracts on existing homes posted a small year-over-year gain in July,…
Thinking About Renting Your House Instead of Selling? Read This First.
If your house is on the market but you haven’t gotten any offers you’re comfortable with, you may be wondering: what do I do if it doesn’t sell? And for a growing number of homeowners, that’s turning into a new dilemma: should I just rent it instead? There’s a term for this in the industry, and it’s called…
Bank Statement Loans: Avoiding the Gotcha’s in Non-QM Mortgages
When it comes to Non-QM mortgages, bank statement loans can be a great solution for self-employed borrowers who don’t qualify with traditional tax returns. But these loans also come with their own set of “gotcha’s”—details that, if overlooked, can derail the deal late in the process. Here are some of the most important questions to…
What Everyone’s Getting Wrong About the Rise in New Home Inventory
You may have seen talk online that new home inventory is at its highest level since the crash. And if you lived through the crash back in 2008, seeing new construction is up again may feel a little scary. But here’s what you need to remember: a lot of what you see online is designed to…
History Shows the Housing Market Always Recovers
Now that the market is slowing down, homeowners who haven’t sold at the price they were hoping for are increasingly pulling their homes off the market. According to the latest data from Realtor.com, the number of homeowners taking their homes off the market is up 38% since the start of this year and 48% since the same time last June. For every…
Should You Still Expect a Bidding War?
If you’re still worried about having to deal with a bidding war when you buy a home, you may be able to let some of that fear go. While multiple-offer situations haven’t disappeared entirely, they’re not nearly as common as they used to be. In fact, a recent survey shows agents reported only 1 in 5 homes (20%) nationally…
Home Sales Rebound as Buyers Gain Leverage
Inside Lending, Week of August 25, 2025 QUOTE OF THE WEEK “A rich person is nothing but a poor person with money.”—W. C. Fields, American actor, comedian, juggler, and writer NATIONAL MARKET UPDATE Existing Home Sales rose 2% in July, and posted an annual gain for the first time since January. The National Association of…
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!