Home Buyers Archives - Page 3 of 8

What is a mortgage?

by Athena Paquette | November 17, 2022 | Blog | 0 Comments

A mortgage is a loan or debt that is secured by real estate. In some states it is also the word used for the lien that is put on the property to secure the debt. Normally this loan is paid back over a specific time , like 30 years or 15 years, until the entire...

How raising the prime rate makes mortgage rates go down

by Athena Paquette | September 26, 2022 | Blog | 0 Comments

I have talked about this before but I think it is worth revisiting after our talk last week about the prime rate. The Federal Reserve raised the Fed Funds rate (often confused with the prime rate) by 0.75% this week.to 1.75% it was 0.25% a year ago. The highest 1-day...

Mortgage Minute – ARMS and HYBRIDS

by Athena Paquette | September 19, 2022 | Blog | 0 Comments

What do you do when mortgage interest rates jump up 2% in 4 months? Don’t go LONG, go SHORT use a HYBRID ARM loan ARM means adjustable-rate mortgage. But some people are not comfortable with the idea that their mortgage payment and that the interest rate will start...

Mortgage Minute – Adjustable rate mortgages or ARMS

by Athena Paquette | September 12, 2022 | Blog | 0 Comments

When rates go up, we usually see a switch over from the 30 year fixed to ARM loans. Why go LONG at a high rate when you can go short at a lower interest rate and get the upfront savings? People do this to help ease the payment shock of rates going up and to help them...

Listening and Learning Works – Investor Success Story

by Athena Paquette | Jan 29, 2017 | Blog, Home Buyers, Home Owners, Investors, Realtors

6 years ago, a 25 year old man was dragged into my real estate investment class at TUSD. He listened and learned. A few months later he came in for his 90 minute free consultation. He also played CASH Flow 101 a couple of times and had fun. During the consultation...

Women In Investing. Meetup

by Athena Paquette | Jun 24, 2016 | Featured, Home Buyers, Home Owners, Investors, Realtors

Hi, I started a new Meetup group called, “Women in Investing” on Saturday and there’s almost 50 new members and I want you to join! This is a Meetup for dynamic women who want to become financially free by learning from real women investors who have...

Rates Drop in Reaction to Jobs Report

by Athena Paquette | Jun 4, 2016 | Home Buyers, Home Owners

The Institute of Supply Management Manufacturing index increased to 51.3 from 50.8% which is a sign of growth in the economy. The JOBS report for May gave us no surprising news. There was a gain of 173,000 jobs in May which was in line with expectations. However the...

Can You Buy a Home if You Owe the IRS?

by Athena Paquette | May 29, 2016 | Home Buyers, Investors, Realtors

True of False: You cannot buy a home if you owe the IRS. Oddly enough, I get this question a lot. FALSE. Don’t let the IRS stop you. You can buy a home if you owe the IRS and are on a payment plan. I had a client who owed the IRS tax money back in 2009, and it was...