Housing Finance, Mortgage Balance, Rising Market - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties 602-999-0952

Fed in No Hurry to Raise Rates Again… for Now

Fed in No Hurry to Raise Rates Again… for Now. As of today, mortgage rates are running on average 4.25 – 4.35 for 30-year fixed and 15-year fixed are ranging from 4.313 to 4.445, and though higher than a few weeks back, still remarkably reasonable. A few online banking systems are reporting lower rates however… Read More

Young couple excited to hold the keys to their new home - First Time Buyers, Veterans Discounts, Getting Ready to Buy a Home - Bill Salvatore, Arizona Elite Properties 602-999-0952 - Arizona Rea Estate

Home Buying 101 – 1 Question, 5 Research Tips

Home Buying 101 – 1 Question, 5 Research Tips. As market conditions and mortgage regulations change, and without a doubt they do frequently, it becomes more and more important that you do your research before jumping right into the home buying market. This FAQ page is a good beginning, but I’d really like to elaborate… Read More

Low Mortgage Interest Rates - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties - 602-999-0952

A Rare Balance: Mortgage Rates Hit a New Low, Home Prices Remain Stable

A Rare Balance: Mortgage Rates Hit a New Low, Home Prices Remain Stable. I realize this isn’t the season that most folks choose to move. Kids are settled into classrooms, ‘bad weather’ season is on its way in most parts of the country, and the holidays are creeping up fast. I get all that, I… Read More

boomers, older couple at a marina, mature home buyers - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties

Active Adults Playing a Huge Role in Home Builder’s Positive Outlook

Active Adults Playing a Huge Role in Home Builder’s Positive Outlook. Baby Boomers are entering the housing market in droves, some as first time buyers, others downsizing or relocating to a more retirement-friendly climate. The vacation home market in Arizona has seen a deluge of Boomers on the cusp of retirement, looking to bring a… Read More

Word collage including Investors, Multi-Famly, Condo, Apartment, Rental, Townhouse - Bill Salvatore, Arizona Elite Properties 602-999-0952

Report: Multi-Family Homes as Investment or Residence?

Report: Multi-Family Homes as Investment or Residence? Folks shopping for a place to live have rarely considered multi-family homes in the past, but maybe they should start. Investors long ago realized the value of multi-family properties as a more efficient, more profitable way to cover their mortgage and investment costs. Multi-Family doesn’t need to imply… Read More

Regulation Stamp, TRID, mortgage regulations - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties 602-999-0952

Video: What’s the Word on Mortgage Lending Standards? Better.

Video: What’s the Word on Mortgage Lending Standards? Better. Mortgage lending regulations, along with mortgage interest rates, are fickle. Just when you think you’ve got a handle on them, they will change. Fortunately for home buyers mortgage lending standards have recently been changing for the better. At the end of last year and the first… Read More

Hand with pen writing on a mortgage application - Video: Reverse Mortgages

Singles Now Recognizing the Value of FHA Home Loans

Singles Now Recognizing the Value of FHA Home Loans I’ve long been a fan of FHA loans. They do exactly what they were intended to do – ensure that homeownership is not out of reach for the average American, and stabilize the country’s Real Estate Market. Contrary to popular belief, an FHA home loan is… Read More

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Inadequate Financial Knowledge Delays Many Home Buyers, Study Says.

Inadequate Financial Knowledge Delays Many Home Buyers, Study Says. I’ve worked with countless mortgage lenders over the years and have come to depend on just a handful, to provide me with timely, accurate information, with no drama. I’ve always believed that the home buying process should not be stressful or confusing. But I’ve seen that… Read More

Low Mortgage Interest Rates - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties - 602-999-0952

Rising Interest Rates: Who’s Afraid of the Big Bad Fed? You Probably Shouldn’t Be.

Rising Interest Rates: Who’s Afraid of the Big Bad Fed? You Probably Shouldn’t Be. According to RISMedia, mortgage rates actually dropped this week after several rounds of rises. But even prior to this moderate dip interest rates still stood very firmly in favorable territory for Home Buyers. Read on to see how the Fed’s decisions… Read More

Flipped, remodeled, upgraded, repair, house - Bill Salvatore, Realty Excellence East Valey - 602-999-0952

Video: Before You Buy a Flipped Home, Know This!

There seems to be some hesitation among home buyers when it is revealed that a home is a “Flip”. In one sense I agree, you do need to be cautious. On the other hand, I’ve seen many, many well done and fairly priced flipped homes. Here’s the thing… Do Your Research! How long has the… Read More