Month: January 2024

#realestate #mortgage #loanofficer #buyincalifornia | California: Monthly Rent Market Insights#realestate #mortgage #loanofficer #buyincalifornia | California: Monthly Rent Market Insights

Determining your budget starts with housing costs, especially rent, which affects essentials, savings, and discretionary spending.GOBankingRates used Apartment List's data to find avg rents for various unit types in every [...]

California is relaunching its Dream for All down payment program for first-time homebuyersCalifornia is relaunching its Dream for All down payment program for first-time homebuyers

California is relaunching its popular program to help first-time homebuyers with $250 million in down payment assistance. The program will use a lottery system to ensure equitable distribution of loans [...]

$250 million in down payment assistance up for grabs for some California home buyers$250 million in down payment assistance up for grabs for some California home buyers

California's Dream for All program will provide $250 million in down payment assistance to first-time homebuyers. Changes to the program include a lottery system for vouchers, extended application time, and [...]

How the Federal Reserve impacts mortgage rates: Will mortgage rates go down in 2024?How the Federal Reserve impacts mortgage rates: Will mortgage rates go down in 2024?

The Federal Reserve's decisions on the federal funds rate can indirectly impact mortgage rates. The Fed's recent announcement of keeping the rate steady and potential future rate cuts is likely [...]

2024 Real Estate Market: Interest Rates Expected to Drop, Reigniting Buyer Confidence2024 Real Estate Market: Interest Rates Expected to Drop, Reigniting Buyer Confidence

The real estate market may experience cautious optimism as the year comes to a close, with the possibility of interest rate reduction. There are discussions about the market reigniting and [...]