Mortgage Archives - Class Realty Group

24 02, 2017

Three Steps to Financing a Home

By Kevin Darchuk|2017-05-08T19:53:56+00:00February 24th, 2017|Residential, Southern California Real Estate Report|0 Comments

As the events of the last few years in the real estate industry show, people forget about the tremendous responsibility of financing a home at their peril. Here are a few tips for dealing with the dollar signs so that you can take down that “for sale” sign on your new home. Pre-Approval Sub-primes may [...]

24 02, 2017

Predicting Mortgage Rates

By Kevin Darchuk|2017-05-08T19:18:49+00:00February 24th, 2017|Residential, Southern California Real Estate Report|0 Comments

Still here? Whewwwwf, thought I might lose a few you. Today’s post covers how to predict short-term rate movements in the mortgage market. Let's start with one simple fact - Correlated to the yield on long-term treasury notes, mortgage rates are highly positive. IMPORTANT: You do not need to know what correlation, yield, or a treasury note [...]