Protect Your Equity with Pacific Union Financial

When we started offering PacificPlus, we did it to address a simple question: How can buyers protect their down payments? As it turns out, people were interested in covering the largest portion of their home investment. Which makes sense. Having a little less uncertainty and a little more safety is a great feeling! So, we…

Accessible Mortgage Equity at an All-Time High

According to the Mortgage Monitor report generated by Black Knight, the amount of accessible equity is at an all-time high. More and more Americans are discovering that their homes have more value available within them. One of the biggest drivers of this home equity trend are appreciating property values across the United States. Home values have…

4 Ways Rising Mortgage Rates Can Be Good

Mortgage rates rose last December and by most projections, they are going to rise again in 2017. While higher interest rates can be trouble for home buyers, there are actually a number of advantages. It’s not all doom and gloom. In fact, higher rates do not necessarily mean that home buyers will have to pay…

Federal Reserve Opts to Not Raise Rates

When the Federal Reserve Board met in December 2016, they raised the rates. It was the first time they had raised the rates in a full year. The expectation was that they would continue to raise the rates throughout 2017. Interest rates have been very low for a long time, post-Great Recession. As the economy…

Winter Colds and Cold Hard Cash

Gearing up for the holidays involves a lot of work. There’s shopping. There’s house cleaning. There’s planning meals for friends and family. No one needs a nasty winter cold slowing them down. And no one wants to make the kids sick for Santa’s big night. That’s why, as responsible people, we take a little time…

Best of the Web: November 2016

Here are some interesting articles from around the internet relating to the mortgage and housing industry from the past month: The Mortgage Market is Changing Fast Wall Street Journal | November 14, 2016 The remaking of U.S. politics also is likely to upend the nation’s mortgage market. There are two reasons why: interest rates and…

The Refinance Customer is Changing

Mortgage market analysts can predict with some certainty the size of the refinance market. All they have to do is compare current interest rates to the rates of homeowners to see who would benefit from refinancing. Homeowners with a mortgage rate that is high enough above the current mortgage rate fall into potential customers, while…

Your Furnace, Your Finances, Your Future

The days are getting shorter. The nights are getting colder. The holiday rush is just around the corner. Sounds like time to make sure your furnace is ready. After all, a house full of freezing family isn’t much fun. But while you’re calling an HVAC professional or checking breakers and filters yourself, there’s something else…

3 Great Reasons to Refinance Your Mortgage

Interest rates were expected to rise in 2016. Predictions made at the close of last year saw the Federal Reserve raising rates, but national and global market forces have changed those forecasts dramatically. Instead, according to a recent article by Housing Wire, favorable rates are likely to continue for the foreseeable future. Estimates by most…

Back to School Checkups: How’s Your Financial Health?

Back to school. While some parents love it and some parents dread it – possibly at the same time – smart parents know that this entails a bit of work to ensure happy, healthy kids. What sort of work? Well, there’s the the specialized equipment. Cleats or golf gloves. Bats or shoulder pads. Mitts or…