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The truth is most consumers do not fully understand “Reverse Mortgages”

Like anything if we don’t understand something we tend to shy away from something or we choose to go in a different direction, reverse mortgages fall into this category. 606 more words

Big Bear Real Estate

Why do some borrowers pay a higher interest rate than others?

With the collapse of the mortgage markets in 2008 to 2010 with the bail out of the big banks, congress passed regulations that allowed lenders to charge a borrower rates that we commensurate with the circumstances involved with each purchase or refinance. 400 more words

Buying In Big Bear

Second Quarter Market Trends

Prices have gone up for the homes under $1 Million. But the market has shifted to a buyers market in 2019 compared to 2018.

Pricing pressure continues on the homes over $1 Million. 44 more words

Buying In Big Bear

Is Now the Time To Buy? Homebuyer’s Mortgage Watch

Low rates are setting up buyers for an amazing summer buying season! Mortgage rates managed to slip downward to 4.07%.

Source: Is Now the Time To Buy? 7 more words

Buying In Big Bear

Is Now the Time To Buy? Homebuyer Mortgage Watch – January 20, 2019

Mortgage rates remain low at 4.45% which means you get more on the real estate market if you purchase NOW.

Source: Is Now the Time To Buy? 7 more words

Big Bear Real Estate