RECENT BLOG POSTS
Great question! According to an article on CNNMoney.com, credit worthiness is the biggest reason. However, another reason that may not get a lot of visibility is the fact that low rates creates a rush on refinancing, causing rates to go up. The bottom line is this: don’t assume that you will g...
10/21/2011
A new bill is being proposed that would allow homeowners to tap into their 401(k) accounts to make their mortgage payments as well as to play catch-up on past-due payments without having to pay the stiff 10% early withdrawal tax. But is this really a good idea? Would this just keep people in th...
10/18/2011
According to a report in the San Diego Daily Transcript, luxury home prices increased in San Diego County in the fourth quarter of last year. This is from a study done by First Republic Bank.
What is the value of the average luxury home in San Diego County? It is now at $1.64 million. Is your home more expensive or less?