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Mortgage and Lending - EstaR Mortgage - NMLS #241125

ARCHIVED BLOG POSTS

2018 

In the last 10 years, students themselves have gone from paying 30% of college costs, to paying close to 50% of their own college costs.  This has resulted in driving up the outstanding student loans in the US from $350 billion to a staggering $1.2 trillion over the past 10 years.  The interestin...
06/25/2018
1 – What is it?“Trended Credit Data” is an analytical tool that helps lenders better evaluate your spending habits.  It’s a detailed analysis of the last 24 months of your credit history, including: Month-by-month balances on your credit cards and other debts; and, The difference between your sch...
06/18/2018
      1 - House Price Appreciation The average rate of house price appreciation in the US over the past 20 years has been over 3% per year.  This means that if you bought a vacation home 20 years ago for $100,000, it would likely be worth over $180,000 today.  If you used a 20% down payment, your...
06/11/2018
The Opportunity Cost of Paying Cash   When you pay cash for a property, you are missing out on the opportunity to earn a rate of return on that cash. In the illustration below, Option 1 is to pay cash for a $200,000 house.  Option 2 is to use $100,000 of cash, and a $100,000 mortgage.  If you go ...
06/04/2018
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Chris Freck

EstaR Mortgage, A Bilingual Brokerage
local_phone(510) 463-1003
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