by david.delatorre | Apr 12, 2022 | Financial and Housing Market
Mortgage Rates Over the Years While mortgage rates have risen over the past several months, they remain at historic lows. Data from the housing finance agency Freddie Mac beginning in 1971 shows that the average annual 30-year fixed mortgage rate peaked at 16.63% in...
by david.delatorre | Mar 11, 2022 | Financial and Housing Market
Brandon Carrero Shelter. It’s one of the fundamental needs of every human being. Beyond that visceral need, however, we long for a place to call “home.” Unfortunately, with each passing year, housing seems to become more and more unaffordable. Even for those who can...
by david.delatorre | Jan 6, 2021 | Financial and Housing Market
Are you looking to obtain a loan for a rental property? Purchasing a rental property means considerable potential for the return on your initial investment. Many people across the county have used property investments to boost their monthly income and grow their...
by david.delatorre | Jun 4, 2019 | Financial and Housing Market
Hybrid ARM mortgages, also called fixed-period ARMs, combine features of both fixed-rate and adjustable-rate mortgages. A hybrid loan starts out with an interest rate that is fixed for a period of years (usually 3, 5, 7 or 10). Then, the loan converts to an ARM for a...