by Athena Paquette | Jan 29, 2017 | Blog, Home Buyers, Investors, Realtors
This week had mostly weaker than expected economic data which helped interest rates only slightly. Tuesday the Existing home sales for December were weaker than expected, down 2.8%. Thursday the initial weekly jobless claims jumped up 22k to 259k and the December new...
by Athena Paquette | Nov 19, 2016 | Blog, Home Owners, Investors, Realtors
I want to put 10% down on a new home but don’t want to pay PMI. Is there a way to do that? Yes indeed there is! There are 2 ways and half way. The first way is to get 2 loans = 1 loan that is 8% of the price of the home and the other 10%; because the first mortgage is...
by Athena Paquette | Mar 5, 2016 | Blog, Home Owners, Investors, Realtors
I love when I can save people $1000s with some good coaching. Of course they have to follow my advice. Last year, Mr. “R” came in for a refi. He had a 4.99% 30 year fixed and had paid in for 1 year. Now he wanted to refi because rates were low. But when I...
by Athena Paquette | Feb 19, 2016 | Blog, Home Owners, Investors, Realtors
Last year Mike was turned down for a loan because he wrote off too many expenses on his tax return. He also had had 3 months off because of an injury, and as a union worker did not get paid for that time off. He could have lowered the interest rate from 4.99% to 3.99...
by Athena Paquette | Oct 2, 2015 | Blog, Home Owners, Investors, Realtors
Client who bought a home in 2005 finally gets to drop their interest rate from 6.5% down to 3.625%, 30 year fixed. This client bought this home in north Torrance on a 0 down in 2005 for $525,000. Property values went down shortly after that, leaving them with a 5 year...
