by Kurt Galitski | Dec 16, 2016 | Costa Mesa
The Fed just raised interest rates by .25%….so what implications does this have for home buyers? Aside from raising the rates that lenders will be offering, another effect on buyers is a 1% raise in your DTI (debt-to-income) ratio. While this may seem startling...
by Kurt Galitski | Dec 15, 2016 | Costa Mesa
Please enjoy this quick update on what happened this week in the housing and financial markets. As expected, the Fed raised policy rates 0.25% at this month’s FOMC meeting. Bond yields jumped on the news, pressuring mortgage rates higher. The U.S. dollar...