Mortgage markets improved last week as the Federal Reserve introduced new economic stimulus.
By YSNM Support
Mortgage markets improved last week as the Federal Reserve introduced new economic stimulus.
Jeff Giordano’s approach to real estate is personal. He knows that your choice of Realtor is one of … read more
Jeff Giordano, REALTOR®
Direct: 310.614.1393|Fax: 310.882.6821
7920 Sunset Blvd. | Suite 100
Los Angeles, CA 90046
California Department of Real Estate License #01374718
After raising the target range for the federal funds rate in 2018, the Fed’s Federal Open Market Committee did not raise the Central Bank’s key interest rate at its meeting of January 29 and 30. While Committee members did not raise the Fed’s key rate, members were divided on the interest rate decision.
Bridge loans, which are also commonly referred to as interim financing, gap financing or swing loans, help a motivated home buyer to secure financing before their home or investment property sells. Lenders can usually modify these flexible loans to accommodate a person’s unique needs.
Many new buyers start looking for homes in the spring. The question in 2019 is whether buyers can afford available inventory or want to buy given changes to the tax code and increase in natural disasters.