Eddie Rosales- The CaLoan Pro LLC

Good morning! Today is Monday, November 2. On election eve, candidates and their surrogates are making closing arguments and businesses in Washington, DC, are boarding up to prepare for civil unrest. Airlines are resorting to buy-one-get-one-free ticket offers to help travelers feel comfortable flying again and keep at least some cash coming in. In filming Avatar 2, Kate Winslet held her breath underwater for seven minutes, breaking Tom Cruise’s underwater record. And in mo...rtgage and housing news ... EASY MONEY: Government efforts to stimulate growth are lifting markets of all kinds everywhere, especially housing. MORTGAGE DELINQUENCIES: The number of mortgages that are seriously delinquent dropped by 43,000 in September, according to Black Knight. That's the first improvement in that data point since the pandemic began back in March. SCARING HOMEBUYERS: Here are seven things that will make most homebuyers get right back into their cars and look elsewhere. MORTGAGE RATE TRENDS: A closer look at why mortgage interest rates could drop even more this year. DEPRECIATION: Fifteen U.S. cities where real estate won't be a great investment over the next few years. GREAT DIVERGENCE: The economy has delivered luxury homes for some and evictions for others. REAL ESTATE OFFICE TRENDS: Hybrid models, consisting of some in-office staff and agents, and others at home, may be part of the future of the real estate office. BOOMER HOME BOOM: Tens of millions of homes nationwide will soon come up for sale as baby boomers slowly release their 46 million homes, worth $13.5 trillion, according to Fannie Mae data. STIGMATIZED HOMES: Do you have to disclose a home’s history of murder, suicide, rumored ghosts and other adverse material facts? RETAIL TRANSFORMATION: Changes to city policies, zoning, and leasing agreements are needed to accommodate the altered commercial landscape brought on by the pandemic.

Wishing you and yours a safe and fun Halloween this year! Halloween should be spooky but your Mortgage shouldn’t! Call or message us today to make it easy, we’re here to help! #Halloween #Mortgage

We’re ready to get to work with you on your homeownership dreams! Call or message us today to get started. #Mortgage #FirstHome

Good morning! Today is Friday, October 30. Tech giants including Amazon and Google reported strong quarterly sales and profits that demonstrate pandemic-era demand for their digital services and gadgets. Walmart pulls guns and ammo displays from stores, citing fears of civil unrest and looting. Scientists discover coral reef taller than the Empire State Building in Australia’s Great Barrier Reef. And in mortgage and housing news ...... MORTGAGE RATES: Mortgage rates increased this week ever so slightly as they continue to hover at historic lows during the Covid-19 pandemic, Freddie Mac announced in its weekly Primary Mortgage Market Survey. RETURN TO OFFICE: CommercialCafe, a listing site for commercial real estate, says it registered a record number of website visitseven surpassing pre-pandemic recordsas online interest in office space surged in August and September. REFINANCE: How mortgage refinancing has changed amid the coronavirus pandemic. GSE INVESTORS: The need for government officials to shape their actions to support a high degree of investor attractiveness by reducing today’s undue policy instability and building a post-conservatorship GSE "business model" is seemingly bipartisan. PANDEMIC BOOM: Redfin’s CEO expects absolutely insane demand in housing market to last into 2021. MULTI-FAMILY INVESTMENTS: Multi-family commercial real estate investment properties can be lucrative. IPO WAVE IMPACT: The wave of nonbanks going public puts pressure on lenders as the newly public companies seek greater brand recognition and growth. DC COMMERCIAL REAL ESTATE: Many Washington, DC bars and restaurants are going into pandemic winter hibernation, including businesses from the Hilton brothers, José Andrés, and more. UNFINANCEABLE HOMES: A dearth of credit is starving Detroit’s housing market. LEGO BUILDS: Modular construction will make homes affordable. MORTGAGE FRAUD: Nationally one in 164 mortgage applications, or 0.6 percent of all applications had indications of fraud in the second quarter, compared to one in 123 mortgages, or 0.8 percent, in the second quarter last year, according to CoreLogic.

Good morning! Today is Thursday, October 29. More than 40 states are reporting an increase in Covid-19 cases and many in the Midwest are seeing record hospitalizations. In a decision this week, the Supreme Court allowed 9-day extensions for absentee ballots in Pennsylvania and North Carolina. Thousands are without power after Hurricane Zeta made landfall in Louisiana last night as a strong Category 2 storm. And in mortgage and housing news ...... NEW HOME SALES: Sales of newly built single-family homes fell slightly in September but remained significantly higher than a year ago, according to a report released by the National Association of Home Builders. MORTGAGE APPS: Mortgage applications increased slightly in the latest weekly report released by the Mortgage Bankers Association. CREDIT SCORE HIT: Financial victims of the coronavirus economy will see credit scores suffer for over half a decade, experts warn. MORTGAGE TRANSFERS: They may sound really convenient, but mortgage transfers are generally not possible. There are a few exceptions worth knowing about. CRYSTAL BALL: The top predictions for the housing market in 2021. MALL DELINQUENCIES: More lenders are starting to deliver a stern new message to delinquent mall owners: time to pay up. HOMEOWNERSHIP TREND: Census data shows the homeownership rate for those under 35 increased by nearly 3 percent year over year. PANDEMIC REMODEL: If you don't have much equity, there are other ways to fund a dream pandemic remodeling. GUILD MORTGAGE SETTLEMENT: Guild Mortgage will pay $25 million in a federal lawsuit settlement. The suit alleges that Guild knowingly originated and underwrote mortgages that didn’t meet the program requirements of the FHA. AFFLUENT TRAILBLAZERS: The wealthy are defying traditional migration patterns amid the pandemic.

Good morning! Today is Tuesday, October 27. Amy Coney Barrett took the first of two oaths to be sworn in to the Supreme Court. Hurricane Zeta is on track to hit Louisiana tomorrow. NASA scientists discovered water molecules on the moon. And in mortgage and housing news ... RED & BLUE: Americans largely consider it important to live in communities where people share their political views, though most have not considering moving somewhere based on politics, according to a surv...ey released by realtor.com. EVICTION BAN: The National Association of Home Builders has filed suit in federal court challenging the Centers for Disease Control and Prevention’s order that bans residential evictions through the end of the year to prevent the spread of Covid-19. HOUSING TRENDS: Home offices are replacing dining rooms and other trends in the 2020 housing market. FORBEARANCE NUMBERS: Forbearance cases level off at three million. TRANSFER SECURITIES: A $50 billion bond market once heralded as the future of housing finance has been stuck in limbo since the start of the coronavirus crisis, and now proposed regulatory changes have left investors worrying that they might be left holding the bag. REFI BOOM END: Why the mortgage refinance window could close in the coming months. LIFE INSURANCE: Short-term life insurance offers temporary coverage to ensure mortgage and education payments until a longer-term option is more affordable. FORBEARANCE OPTIONS: What to do when your CARES Act mortgage forbearance ends. RENT STRIKE: A landlord who promised to gentrify affordable housing in Harlem was struggling with loans before the pandemic. Now tenants are on a rent strike. BANKS ARE MONEY: Banking has been one of the least-loved investment sectors this year, but is that about to change? The answer depends on the type of bank we're analyzing.

Good morning! Today is Monday, October 26. The Senate is scheduled to vote on the Supreme Court confirmation of Amy Coney Barrett tonight. The Chief of Staff and other close aides for Vice President Mike Pence tested positive for Covid-19, while the vice president tested negative. Facebook is preparing emergency measures for potential election unrest. And in mortgage and housing news ...... REVERSE MORTGAGE RISK: How reverse mortgages could backfire for many retirees. REFINANCE ADVANTAGE: How to score one of the lowest mortgage rates for your refinance. FAIR HOUSING TOOL: A lawsuit alleges that a new federal rule will make it harder to challenge discriminationin the housing industry. FINANCIAL HEALTH: Credit scores are at a record high, but American consumers are not OK. GETTING TO 800: How to boost your credit score in a difficult economy. GUARANTEED RATE BOWL: The Cactus Bowl is now the Guaranteed Rate Bowl, changing its name to match its new sponsor, Guaranteed Rate, one of the largest retail mortgage lenders in the United States. HOME BUILDERS: Housing stocks tumbled despite ongoing demand and high prices. URBAN LUXURY: Millionaires aren’t selling their luxury homes in the city. TINY WINDOWS: President Trump has made several references to tiny windows. Are they part of a Green New Deal mandate? DEBT CANCELLATION: What you should know about taxes when you can’t pay your bills. FALSE CLAIMS ACT: San Diego-Based Guild Mortgage Co. will pay $25 million to settle allegations over bad loans and customer defaults that resulted FHA mortgage insurance claims. COVID ECONOMY: Many Americans are finding ways to survive in a COVID economy. However, savings used to pay for priorities like mortgages are running out.

When it comes to your next mortgage there may be a lot more paths to success than you know! Call or message us today to get started. #Mortgage #MortgageAdvice

We love to help our customers feel confident about their mortgage choices and options. Call or message us today to get started. #DTI #Mortgage

Good morning! Today is Friday, October 23. President Trump and Joe Biden take their last laps on the campaign trail after a calmer final debate. The U.S. topped 73,000 new coronavirus cases for first time since July. Game 3 of the 2020 World Series resumes tonight inside the "playoff bubble" in Arlington, Texas. And in mortgage and housing news ...... MORTGAGE RATES: Mortgage rates have hit yet another record low. HOME SALES: Existing-home sales grew for the fourth consecutive month in September. BIDEN EFFECT: How the housing market might change under a Biden Administration. RENTAL MARKET: Nearly four million renters may be evicted from their homes. JUMBO MORTGAGES: The average cost of a 30-year jumbo mortgage hovered near a record low this week at 3.50 percent in Bankrate’s survey. HOME CONSTRUCTION: U.S. home construction rose by 1.9 percent last month after having faltered as much as 6.7 per cent in August. FED REPORT: A new Federal Reserve report bodes well for the mortgage lenders and the housing sector. UNDERWRITING STANDARDS: Mortgage lenders have changed their underwriting standards in response to trends and economic uncertainty sparked by the Covid-19 pandemic. CREDIT INEQUALITY: Blacks must make extraordinary efforts to overcome the discrimination that is often hidden in financial policies or products that are supposed to be bias-free. OFFICE BUILDINGS: Office buildings in walkable locations are faring better than purely urban or suburban offices. LENDER COMPETITION: How to make lenders compete for your mortgage.

Here’s another learning moment to help you understand FHA Loans. Call or message us today to get started. #FHA #MortgageAdvice