Michael Gutierrez-Fusion Mortgage Lending

If you are like most Americans, you may be facing an extremely frustrating problem, Consumer Debt. The average American has $38,000 in personal debt, not including what’s owed on a mortgage. When you add in Credit Cards, Student Loans, Auto Loans and other installment debt, that number increases tops $136000! Don't Despair, there is a way out!. Here’s how you can pay off your debt and never look back. [ 869 more words ] https://lendingriverside.wordpress.com//how-to-pay-off-de/

The end of the year can mean different things for different people. It may be a time of reflection and relaxation. Or, perhaps a scramble as you travel across the country to visit friends and family. In either case, setting aside time to focus on your finances is a good idea, and a financial planning checklist can guide the way. [ 1,082 more word ] https://lendingriverside.wordpress.com//2019-year-end-fin/

Happy Thanksgiving!

I will be at the Riverside Parade, Where will you be?

Chances are you if you have started the process of shopping for a home or mortgage you have come across these terms. Although they seem interchangeable, and some lenders use them interchangeably, there is a difference between being pre-qualified and being pre-approved for a mortgage. Understanding these differences can help avoid headaches down the road. Pre-qualification When a loan officer or lender says you are pre-qualified, it means that you have completed the first step in obtaining a mortgage. [ 453 more words ] https://lendingriverside.wordpress.com//what-is-the-diffe/

Rates are at their lowest in over a year.

Baseball is Back. Go Dodgers.

We can close your loan in as little as 15 Days.

Mortgage rates continued to edge lower in the latest week to levels not seen since the spring of last year. Home price gains are beginning to ease back to more normal levels after the big increases seen since the housing market recovery began. T

Can't bring emotional support animals on planes, but you can bring support chicken.

A Hot Dog is a Taco?

Most borrowers can still obtain loans during the government shutdown.

Happy New Year! Be safe and Here’s to a bright New Year, and a fond farewell to the old; here’s to the things that are yet to come, and to the memories that we hold.

Seems like it is officially a buyer's market.

Who needs a vacation idea?

It’s beginning to look a lot like Christmas

Don't let student loans keep you from purchasing your first home? We have many low down payment options to help you enter the real estate market.

It's that time of year again!

Should I get a fixed- or adjustable-rate mortgage?. Read full story for latest details. More here - http://rss.cnn.com//money_reales/~3/VxMaQddWSgc/index.html

Understanding How Mortgage Interest Rates Work. Question: What do home mortgage loans (including second mortgage loans), retail installment loans, automobile loans, home improvement loans, and mobile home loans, have in common -- aside from being loans to consumers?Answer: The interest charge sometimes is calculated monthly and sometimes daily. With a monthly interest rate the borrower is... More here - http://www.mortgagedaily.com//Tns-Understanding-Mortgage-I

Are you paying attention to your 401k?

Homebuilder sentiment edged slightly lower in April though it remains well into positive territory. The National Association of Home Builders (NAHB) reports that its Housing Market Index came in at 69 in April, down from 70 in may and just below the 70 expected. Within the report it showed that the current single-family home sales index fell to 75 from 77. [ 202 more words ] https://lendingriverside.wordpress.com//homebuilder-senti/

U.S. job growth surged in February as the labor market continues to tighten, though wage growth cooled. The Bureau of Labor Statistics reported that Non-Farm Payrolls rose by 313,000 last month, well above the 210,000 expected. This was the largest gain since July 2016. December and January were revised higher by a total of 54,000. Big job gains were seen in construction followed by retail and professional and business services. [ 57 more words ] https://lendingriverside.wordpress.com//03/09/jobs-jobs-j/

Home prices continued to rise in December due in part to high demand and a shortage in homes for sale on the market. The S&P Case-Shiller 20-City Home Price Index rose 6.3 percent from December 2016 to December 2017, just below the 6.4 percent recorded in November. From November to December, prices were up 0.6 percent. David M. Blitzer, managing director and chairman of the index said, "Within the last few months, there are beginning to be some signs that gains in housing may be leveling off. [ 88 more words ] https://lendingriverside.wordpress.com//solid-gains-seen-/

There were 1.48 million existing homes for sale in the United States as of December 31, 2017, a drop of 460,000 in the last six months of last year. The 1.48 million "for sales" is the lowest level reported in history for a statistic that has been tracked since 1999. The average supply during the fourth quarter was 3.5 months - down from 4.2 months in the fourth quarter of last year. [ 219 more words ] https://lendingriverside.wordpress.com//housing-inventory/

On his way to being the GOAT!

I know I am guilty of a couple of these.

Home Values keep rising. May be a good time to refinance.

Lobster and Music, hard to beat! Lobsterfest should be a great time.

This would be a great addition to Downtown Riverside.

What an incredible story.

2017 Real Estate started really hot then cooled a bit in February. The late spring and early summer should see even more sales.

The Dodgers look pretty good this year! Hoping to catch some games in October.

https://lendingriverside.wordpress.com//mortgage-rates-c/

I know what I am having for lunch. #9

What will you be serving at your Super Bowl Party?

Values keep going up. Rates are still great. Probably a good time to buy a home.

Congratulations and thank you to the Mission Inn Foundation for all the work they do!

New Home Sales in December fell 10.4% from November to an annual rate of 536,000 versus the 589,000 expected. Mortgage rates edged higher this week after the surge in rates as investing dollars shifted out of the Bond markets and into Stocks, which usually has a negative effect on rates. Cash sales for home purchases rose again in October, the fourth consecutive monthly increase, but are lower than they were in October 2015.