Eric Teply Mortgage Advisor, Sacramento CA. NMLS #264561

Bucket list for Adam. Thanks Steph

Successful week 1. Double Dipsea training

Some days you have it. And some days you just don’t have it at all. Today was a rough one. Still got it done! Thanks for the push

Happy Friday

My vibe today!

Wow. West Bowl is easily seen.

When interest rates were at historic lows, a typical fixed rate mortgage loan was all most people needed. Now, rates have risen. They’re still below long-term averages, yet appreciably higher than before. And of course, higher interest rates lead to higher monthly payments.

The good news is we have a loan program that can help. With a 2/1 Buydown, you’ll get a 30-year fixed rate loan with an interest rate that’s discounted 2% during the first year and 1% the second year.

You can ease your way into a home with lower payments that simply step up at the end of the first and second year then remain fixed for the remainder of the loan.

A 2/1 Buydown comes with extra upfront costs that are often paid by the seller or builder. There are additional details that vary according to the specific scenario.

This is just one way today’s buyers can make buying the home they really want a reality. If you have questions or would like to learn more, reach out, and I’ll be happy to help.

Interesting info from Local Appraiser expert Ryan

This week? Here's the price of listings that hit the market over the past few days in the Sacramento region. It's been a very decent week so far with Monday, Tuesday, & Thursday all having the most listings for the respective day since the pandemic began. However, Friday is the day we typically see the most listings, so let's see what happens today before we write home about a strong week. Anyway, is there a price point where we need more listings? Are there any price ranges or areas where there are too many?

Underwriting guidelines are so much fun to memorize

Image: funny Real estate | Brad L'Engle Found on Google from lenglemortgageprofessionals.com

What is happening?!?!?!?...This short read regarding our Mortgage Rates. If you are looking at refinancing or purchasing a home. Rates are very volatile. Let me help you through the maze of interest rates.

Mortgage Rates Catch a Break After Stock Market Rout Mortgage rates caught a break today, moving back near last Thursday's levels as bonds (which underlie rates) benefited from today's extreme market volatility. It's a common misconception that interest rates and stocks always follow each other. While this is...

Real Estate Market News:

The waking market, pulling stats like a boss, & the year in review The market went to sleep for the holidays and it’s just starting to wake up. Let’s talk about that along with pulling stats like a boss. Then I have a huge market update and review for …