Table of Contents What is the VA Loan Limit? How to Apply for a VA Home Loan? What is the Median Home Price? What are the VA Appraisal Fees? Do I need Flood Insurance? How do I learn about Property Taxes? What is the Population? What are the major cities? About Yolo County Veteran Information […]
The post Yolo County, California VA Home Loan Information appeared first on VA Home Loan Centers.
Laughter and hooting filled the house as my wife had Karen and a few other friends over for a mid-morning tea. (Such are the joys of retired life.) The chirping of a cell phone rose from the pile of purses on the sofa. Nobody paid it any attention — whoever it is can leave a message was the general sentiment. Sure enough, the chirping stopped. But then they heard it again. The girls noticed it, paused, but went right on with their story.
Then the phone chirped again. “Whose is that? Don’t answer it!” After the ruffling of half a dozen handbags, Karen held up her little chirper. “Sorry, guys. It’s Rick.” Then she added, firmly, “I’ll call him back later.” Back into its pouch in the purse the phone disappeared, just like a little kangaroo.
It rang again. “Hey, Karen, maybe you should see what Rick wants.”
Hereâs what you should know about mortgage amortization, how it works, and how to calculate your mortgage amortization schedule.
The post What Is Mortgage Amortization? How it Works and How to Calculate first appeared on Total Mortgage.
From Mint: Connor Sweet is a student at UC Berkeley and recently discovered Mint when his impending graduation and transition to the real world began to sink in. We were, of course, thrilled to hear that he found Mint so useful; but even more so, impressed that he reached out because he wanted to make
The post Rich After College: Why You Need to Learn to Budget Before You Graduate appeared first on MintLife Blog.
The Department of Housing and Urban Development will cut the Federal Housing Administration’s mortgage insurance premium by 30 basis points, a move that many stakeholders think is long overdue. The cut drops premiums from 85 basis points to 55 basis points — reverting premiums to a level not seen since before the 2008 housing crisis. … [Read more…]
The Federal Reserve directly controls the shortest term lending rates. Mortgage rates are dictated by longer-term bonds in the open market, but traders of those bonds are frequently influenced by the outlook for Fed rate hikes/cuts. The Fed officially hikes/cuts rates at 8 regularly scheduled meetings each year. The most recent hike took place on February 1st. It had nothing to do with the spike in mortgage rates that has take place since then. In fact, the spike in mortgage rates was driven by economic data beginning on February 3rd. This had an impact on the market’s expectations for future Fed rate hikes. In addition to the 8 regularly scheduled meetings, the Fed also releases the “minutes” from each of those meetings 3 weeks after they happen. Today brought the minutes from the Feb 1st meeting (the one that didn’t really matter because markets already knew what was going to happen). Given that all the recent rate drama happened AFTER the Fed meeting in question, there wasn’t much to glean from these meeting minutes. As such, it’s no surprise to see today’s rates very much in line with yesterday’s. The only downside is that yesterday’s rates were the highest in several months with the average lender quoting 6.87% on a conventional 30yr fixed. In the bigger picture, bond traders (the people who determine mortgage rates, among other things) are going to be cautious about pushing rates lower in any exciting way until new economic data makes a clearer case that inflation is subsiding and that the Fed’s restrictive policies are putting a dent in the economy.
Mortgage demand continued to decline last week, and just reached its lowest point in 25 years.
Mortgage rates expected to fall to 5.4% by late 2023, banking group … CNN
Nominations for HousingWireâs 2023 Rising Stars and Emerging Leaders are open now through Friday, February 24, 2023.
As many of you know, my husband had a career crisis that left him unemployed for several months last summer. It was scary, but we learned a lot from the experience — including the fact that ;the grass isn’t always greener and that we really needed to learn to be happy with what we had. And, beyond that, we now feel blessed that he found a new job he likes, even though it required us to move to a pricier area.
But moving isn’t always all fun and games. In fact, buying and selling a home can have serious financial consequences that last for years or even decades. Since we knew that ahead of time, we thought long and hard about what we could do to ensure the move was good for us not only emotionally, but also financially. So, to diminish any financial consequences caused by the move, we used the opportunity to downsize into a reasonably-priced, smaller home.
That tradeoff has been well worth it in my eyes. I hardly notice that we lost 400 square feet when we moved, and I mostly made up for it by de-cluttering and being smart with the space we do have. However, I did stress at first about how our monthly expenses might change. What would the utility bills be like? And would our grocery bill be comparable to what it was before? Those kinds of questions caused many sleepless nights in my house for some time — as if the move itself wasn’t stressful enough.