Concord Connect
Rising real estate values power new interest in jumbo loans More expensive homes, bigger mortgages Property values are rising in most markets, and that means jumbo loans have become more important. As of December, home prices nationwide had increased for 70 straight months, according to the National Association of Realtors (NAR). Home prices are at […]
Sales of newly built homes are falling, and the culprit is clear. Homebuyers increasingly can’t afford what they want. Higher mortgage rates, combined with the loss of homeowner tax breaks in some of the nation’s most expensive markets, are taking away buying power. Sales fell in December, when the new tax law was signed, and […]
1 Injured in Concord 2-Vehicle Crash on Highway 4 near Solano Way Off-Ramp Concord, California (March 5, 2018) – One person was hospitalized after a two-vehicle crash that happened Sunday afternoon in Concord, the California Highway Patrol said. CHP logged the incident at around 4 p.m. Sunday, March 4 on westbound Highway 4 just west […]
After increasing for nine consecutive weeks, mortgage rates dropped for the first time in 2018, according to Freddie Mac’s Primary Mortgage Market Survey. 30-Year FRM 15-Year ARM 5/1 Year ARM Average Rates 4.46% 3.94% 3.63% Fees & Points 0.5 0.5 0.4 Margin N/A N/A 2.75 For the week ending March 15, the 30-year fixed-rate mortgage […]
Editor’s note: This is the first in a three-part series from the March issue of National Mortgage News magazine on the resurging mortgage broker and wholesale channel. Read part two and part three. A decade ago, the wholesale origination channel was in full meltdown, a nuclear waste pile that few lenders wanted to be associated […]
Timothy Roberts
Loan Officer
FHA, VA, Purchase, Refi, Down Payment Assistance, Direct Lender and Broker
Phone: (925) 626-4608
Fax: (925) 955-9910
Email: troberts@pfgbayarea.com
1320 Willow Pass Road Suite #710
Concord, CA 94520