The 10-Year Treasury Just Dropped Below 4% — What That Means for Mortgage Rates (and Public Employees)
For the first time in almost a year, the 10-year Treasury yield has fallen below 4%. Why does this matter? Because mortgage rates are closely tied to the 10-year Treasury — when yields drop, mortgage rates often follow. But here’s the catch: the last time we saw this level, it didn’t last long. Rates quickly bounced back up, leaving […]
Tired of Juggling Payments? See How a Mortgage Could Help You Simplify Your Finances
If you’re a California public employee and feeling overwhelmed by multiple monthly bills—credit cards, car payments, student loans—you’re not alone. It’s tough to get ahead when everything’s pulling from your paycheck at once. But there’s a smarter way to manage it all—and your home might be the key. Consolidate Debt and Lower Your Monthly Expenses […]
Navigating the California Mortgage Market: Your Guide to Homeownership
California is known for its beautiful landscapes, vibrant cities, and diverse communities—but it’s also famous for its competitive housing market. If you’re considering purchasing a home in California, understanding the mortgage process is essential to ensuring a smooth and successful journey toward homeownership. Whether you’re a first-time homebuyer or looking to upgrade to a new […]
How the 2024 Election Could Impact Your Mortgage Rates
With the presidential election around the corner, mortgage rates might be feeling the effects, depending on who wins. Here’s a quick look at what could happen: Rates Are Rising Mortgage rates have increased in recent weeks, influenced by market expectations about possible election outcomes. Inflation Concerns Some economic proposals—like tariffs, changes to immigration […]
What’s Going on with Home Prices? Ask a Professional (That’s Me!).
If you’re one of the millions of people considering buying or selling a home in the coming year, you likely have questions about home pricing and what you should expect as the housing market continues to cool from the 2021 craze. Although experts don’t expect housing prices to come crashing down, price adjustments will depend […]