by Chris Kobz, SVP & Director of California Employee Loan Program | Dec 13, 2024 | Market Update, Mortgage Rates
Looking at this month’s trends, it’s clear this past week has been challenging for mortgage rates, which have ticked up slightly each day. As you can see from the graph, rates had improved over the last 30 days, and the news cycle has been buzzing with optimism about...
by Chris Kobz, SVP & Director of California Employee Loan Program | Dec 3, 2024 | First Time Home Buyers, Home Buying, Market Update, Real Estate
More Buying Power for Homebuyers in 2025: Conforming Loan Limits Raised to $806,500! Big news for homebuyers—your purchasing power just got a boost! The Federal Housing Finance Agency (FHFA) has announced an increase in the conforming loan limit for...
by Chris Kobz, SVP & Director of California Employee Loan Program | Nov 13, 2024 | Home Buying, Home Refinance, Market Update, Mortgage Rates
With all the news about the Federal Reserve lowering rates, you’d think mortgage rates would be plummeting. Unfortunately, it hasn’t quite played out that way—mortgage rates have actually been inching up! So, what gives? Fed Cuts vs. Mortgage Rates: A Misunderstood...
by Chris Kobz, SVP & Director of California Employee Loan Program | Nov 5, 2024 | First Time Home Buyers, Home Buying, Home Prices, Market Update, 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...
by Chris Kobz, SVP & Director of California Employee Loan Program | Oct 29, 2024 | First Time Home Buyers, Home Buying, Insurance, Market Update
Navigating California’s Insurance Crisis: How Our Mortgage and Insurance Partnerships Keep Your Home Purchase on Track California’s insurance crisis is now disrupting the housing market in serious ways, with nearly one in seven home sales affected. Buyers are...
by Chris Kobz, SVP & Director of California Employee Loan Program | Oct 23, 2024 | Home Refinance, Market Update, Mortgage Rates, Technical Mortgages
Stay Ahead of the Market with the California Employee Loan Program (CELP) Team at Fairway Independent Mortgage Corp. The California Employee Loan Program (CELP) Team at Fairway Independent Mortgage Corp. is proud to introduce a new service designed to make...
