Entries by Andy Cruz

Industry Groups Pressure the Fed While Consumers Blame Rates

The Mortgage Bankers Association, National Association of Realtors, and National Association of Home Builders called on the Fed to provide market certainty about its rate path. Ongoing uncertainty has exacerbated housing affordability and even consumer sentiment is starting to take its toll…but!…. BUT there are STILL SOLUTIONS in the market for homeowners and your home […]

Housing Associations are BIG MAD…and Inflation is Making it WORSE!

In case you missed it last week the mortgage Bankers Association, National Association of Realtors, and National Association of home builders called on the Fed to provide market certainty about its rate path. The ongoing market uncertainty about the fed’s rate path has exacerbated housing affordability according to this coalition of housing trade groups. They […]

The Fed, Inflation, Mortgage Rates…a Rocketship week!

We have to talk about mortgage rates. They are on the climb with it’s favorite running mate the 10-year yield. Last week both stretched their legs and went for a steep incline outing only to level off at the end, essentially telegraphing their consistent direction upwards. Undoubtedly this is putting pressure on numerous sectors of […]

Insurance Companies Are Leaving California

You have probably heard that insurance carriers are leaving California. We know that this may impact some of you now or in the future. In this episode: Why insurance companies are pulling out of California and Florida, and how to fix some of the underlying problems Limited home insurance options in California as major carriers […]

Lesser of Two Evils: Did the Fed get it Right?!?

They did it again! Last week the Federal Reserve paused interest rate hikes and mortgage rates immediately went up higher for two days consecutively. Jerome Powell and the federal reserve last Wednesday but left room for a possible rate hike in November. So the question is: If they know they might need room to raise […]