by Athena Paquette | Nov 28, 2017 | Blog, Investors, Realtors
Hello There! Exciting News from Fannie Mae. If you’re an investor you can now get more cash out on higher priced units at the lowest rate! If you’re a Realtor and you need a client pre-approved, call me ASAP at 310.218.6855 Loan Limits to Increase in 2018...
by Athena Paquette | Apr 8, 2017 | Realtors
To take you back in time, last month’s report showed a gain of 235,000 (later revised to 219,000) jobs and unemployment rate of 4.7%. Drum roll please! The jobs report for March was only 98,000 (weak but cyclical see the chart below) and the jobless rate dropped to...
by Athena Paquette | Apr 2, 2017 | Realtors
This week was another quiet week in economic news. On Thursday the government revised their Q$ GDP number from 19 to 2.1 – meager but still a light indication of inflationary pressure, which means bad news for fixed rate mortgages. Friday we got the personal income...
by Athena Paquette | Mar 26, 2017 | Realtors
This week was a fairly quiet week in economic news. On Wednesday, March 22nd the existing home sales slipped 3.7% for the month of February. Speculation is the lower inventory and the higher prices caused the number of sales to go down. Wait until we have rising...
by Athena Paquette | Mar 18, 2017 | Blog, Home Buyers, Home Owners, Investors, Quote of the Week, Realtors
“Don’t Step over dollars to pick up pennies.” ~ Author unknown. Sometimes we do activities in our day or life where there is a very low payout for the activity (emotional or monetary), missing the opportunities for the greater payout. Do you find yourself going to 4...
by Athena Paquette | Mar 18, 2017 | Blog, Home Buyers, Home Owners, Realtors
Client has 2 mortgage late payments and credit score goes down 100 points. But Athena, I wasn’t late! Imagine my client’s shock when they found out that 2 of their rental property loans were 30 days past due, yet they have the loan on auto-pay. Yes, it’s true. What...