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Both rental and homeowner vacancies held steady in 2025 as the California population ominously slipped and jobs flattened heralding recession conditions.California’s average rental vacancy rate stayed at 4.8% in 2025, less than the historic...
The housing market is finally showing signs of the seasonal vitality we’ve been waiting for. After a stubborn climb through much of March, mortgage rates pivoted in April, dipping to 6.23% this week, which marks the lowest level in five weeks...
Key Takeaways:
Property taxes help fund essential public services and are based on the assessed value of property, not what you paid for it.
New Jersey (1.88%), Illinois (1.88%), Connecticut (1.54%), Vermont (1.51%), and New Hampshire (1...
Housing demand was fine before the war!
Housing demand was running very smoothly this year, having its best start in years, even with the snow events. We saw multi-year highs in purchase apps and in our weekly pending home sales.Purchase ...
Key Takeaways
The Fed's March rate hold aligned with market expectations.
The annual inflation rate most recently flattened to 2.4% in February, remaining above the Fed's 2% goal.
The latest projection materials now show one cut for 2026...
Key Takeaways
Lenders often base your manufactured home loan rate on your credit score and down payment.
Classifying the home as real property usually qualifies for better loan terms than personal property financing.
Older manufactured h...
Key Takeaways
FHA cash-out refinancing lets homeowners tap equity for cash with more flexible credit and qualification standards.
Borrowers can access up to 80% of their home’s value but must keep 20% equity and cover FHA mortgage insuran...
Pros and cons of Tomo Mortgage
Pros of Tomo Mortgage
No lender origination, processing, or underwriting fees.
Competitive mortgage rates and APRs.
Fully digital application, underwriting, and closing process.
Fast home loan pre...
Pros and Cons of Agave Home Loans
Pros of Agave Home Loans:
Licensed in more than 13 states
Operates as both a broker and a lender for more loan options
Fully digital application and closing process
Offers refinancing, purchase...
Why this matters: Current uncertainty comes from a unique balancing act done by the Fed to both reign in consumer inflation and bring down high interest rates. For real estate agents and brokers, both concerns affect clientele. High mortgage ra...