UPDATE: 1/10/2023 Stocks and Mortgage Bonds both started lower today. Former Dallas Fed President, Richard Fischer, said that the Fed wants to remain hawkish because they do not want to make another mistake. The big mistake that they made was thinking that inflation was transitory and not reacting soon enough.…
MORTGAGE & LENDER NEWS
Now that the Tahoe market has shifted to favor buyers, there are unique options available to get sellers to pay for buying down interest rates.
The following article is provided by the California Association of Realtors from their fall business meetings. Images are screen shots our team personally took when we attended the economic market forecast luncheon that went into detail on the California real estate market forecast. For local Tahoe real estate market data,…
The goal of the "Luna Loves Heroes" Home Buying Program is to promote home ownership amongst our heroes here in Lake Tahoe.
The Internal Revenue Service has issued final rules on the 20 percent business income deduction (Sec. 199A of the Tax Code) that was enacted in late 2017 as part of the Tax Cuts and Jobs Act. Eligibility of rental income If you generate rental property income, that income can also…
HOME BUYING BOOTCAMP FREE TO TAHOE RESIDENTS Are you a renter and think owning your own home is just a dream? Want to know what to do so you can prepare for the purchase of your first home? This workshop will walk you through the entire process, and show you…
FHA Loans For Your Dream Homes. If you’re planning to buy a home in Tahoe yet worried about not having a stellar credit background, an FHA loan might just be for you. This loan makes it possible for people who have credit scores as low as 500 to still buy…
What is TRID? On October 3rd of this year, a new rule went into effect for the Mortgage Industry called “TRID” or the “TILA-RESPA Integrated Disclosure Rule.” TRID was designed toward making mortgages more transparent and easier to understand for borrowers or buyers. This new rule has made a huge…