Royalty Mortgage

Don’t panic. Last week’s stock market correction caused a lot of concern. Here’s what we know: 1. In the last 5 virus outbreaks, the stock market reacted. 2.... After the reactions, the market returned. 3. A stock market correction does not = housing crisis. This isn’t a time to panic. Know the facts. If you are concerned about the housing market, give us a call. We are here to help answer any questions we possibly can. Royalty Mortgage Co. (805) 801-7039 NMLS: 1438775 DRE: 02105497

Happy Mother's Day!

The Fed cut rates to zero, but mortgage rates are going up. How can that be? Imagine a new phone was coming out tomorrow, the coolest phone ever. Everyone wants... it, with the cool camera, the new apps, and the awesome screen. 500,000 people (including you) want this new phone when it rolls out. But the factory is struggling just to get 50,000 phones made, and the shipping company is hiring extra help just to get those phones shipped out. People keep signing up for this new phone too, but the manufacturer is worried about getting enough parts to make more, and doesn't have the warehouse space to hold all that inventory anyway... So the manufacturer decides to raise the price of the phone. To double it in fact, slowing down the orders and covering the extra costs of running production 24 hours a day. That way, when the supply is available again, they can just lower the prices and the orders will pour in. Now, imagine that the phone manufacturer is your mortgage company. This is why mortgage rates are actually on the rise, despite improving factors that normally would help bring lower mortgage rates. Contact me directly if you want to find out how I can help you be ready to lock in a low rate when they do lower again for a brief window so you don't miss out again. Christina Buchanan (805) 801-7039 Royalty Mortgage Co. NMLS: 1438775 DRE: 02105497

Don’t panic. Last week’s stock market correction caused a lot of concern. Here’s what we know: 1. In the last 5 virus outbreaks, the stock market reacted. 2.... After the reactions, the market returned. 3. A stock market correction does not = housing crisis. This isn’t a time to panic. Know the facts. If you are concerned about the housing market, give us a call. We are here to help answer any questions we possibly can. Royalty Mortgage Co. (805) 801-7039 NMLS: 1438775 DRE: 02105497

Instant Reaction: Federal Reserve March 15, 2020

You can buy a home this year! Our FREE Buyers Guide will help prepare you. Learn the Do's & Don't of buying a home in 1 informative guide. Ready to take the next step? Get your FREE Guide Today!

Check out our FREE Buyers Guide today! Everything you need to know about taking the first step towards home ownership. Do you have questions about how much you ...can afford or if now is the right time to buy? If so, contact us today for a FREE, No Obligation Consultation to discuss your options. See more

Stop renting this year! Give us a call at Royalty Mortgage to learn more about your options. (844) 797-FUND Royalty Mortgage Co. NMLS: 332441 DRE# 00983319