Hot Housing Market Continues into 2021
With coronavirus vaccines rolling out and a government stimulus likely to come, forecasts for next year’s housing market and lending environment are optimistic.
Purchase applications have increased 26% year over year; that’s 30 weeks straight of gains. At the same...
Got Solar? Purchasing a Home with a Solar Loan or Lease
Solar leases and solar loans are becoming more prevalent, especially here in Southern California. Certain lending requirements are important to know if you require funding to purchase a home with a solar loan or lease.
A solar loan is a lien against the property....
Qualifying for a Loan after Mortgage Forbearance
In March when the COVID-19 related shut-downs began, the federal government and states enacted policies to protect homeowners experiencing difficulty in making their mortgage payments due to the coronavirus. Known as mortgage forbearance, these options protected homeowners...
Housing Market is a Bright Spot in the U.S. Economy
Last week multiple national financial news outlets reported that home prices pushed higher, fueled by the combination of low interest rates and limited inventory, further emphasizing that what we have been saying about our Southern California market is happening in cities across...