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20% Down Payment Assistance Program in California.

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20% Down Payment Assistance Program in California. California first-time home buyer loans If you’re a California first-time home buyer with a 20% down payment, you can get a conventional loan with a low interest rate. And you never have to pay for private mortgage insurance (PMI). Of course, few first-time buyers have saved a 20%…

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Existing Home Sales Strong Despite Media Reports.

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Existing Home Sales Strong Despite Media Reports. The Fed hiked its benchmark Fed Funds Rate despite ongoing turbulence in the banking sector, while both new and existing home sales beat expectations last month. Don’t miss these stories and more: -Fed Hikes Rates Another 25 Basis Points. -Existing Home Sales Strong Despite Media Reports. -Signed Contracts…

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Will Cracks in the Banking System Impact Further Fed Rate Hikes?

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Will Cracks in the Banking System Impact Further Fed Rate Hikes? Turbulence in the banking sector led to market volatility while news on inflation and home builder confidence brought encouraging signs. Read on for these stories and more: Lag in Shelter Costs Impacting Consumer Inflation Wholesale Inflation Cooler Than Expected Will Cracks in the Banking…

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Home Prices Still Forecasted to Appreciate This Year.

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Home Prices Still Forecasted to Appreciate This Year. A deeper look at labor sector data shows the job market may be weaker than the headlines suggest. Plus, the latest forecast on home price appreciation and the Fed’s vow regarding inflation: -Jobs Data Shows Cracks in the Labor Sector -Leisure and Hospitality Led the Way in…

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Pending Home Sales Rose for Second Straight Month

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Pending Home Sales Rose for Second Straight Month Contract signings for existing homes surged in January while the latest appreciation data for December addressed concerns about a housing bubble. Read on for these important stories, plus news on unemployment claims and manufacturing: Pending Home Sales Rose for Second Straight Month Reports of a Housing Crash…

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More to Existing Home Sales Data Than Meets the Eye, demand remains strong.

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More to Existing Home Sales Data Than Meets the Eye, demand remains strong.  Sales of new homes and consumer inflation were both hotter than expected in January. Plus find out what the latest data on Existing Home Sales says about inventory and the demand for homes. Consumer Inflation Higher Than Expected More to Existing Home…

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Household Formations Continue to Outpace Completions

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Household Formations Continue to Outpace Completions Home construction slowed in January but rising confidence among home builders this year is an encouraging sign. Also encouraging is the continued decline in the annual rate of inflation, although the drop was less than expected last month. Read on for these stories: Mild Progress on Consumer Inflation Wholesale…

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WHAT THE REAL ESTATE INDUSTRY WON’T TELL YOU

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WHAT THE REAL ESTATE INDUSTRY WON’T TELL YOU Here’s what the real estate industry won’t tell you Real estate prices can go down You see, with every quality asset – it never goes up in straight line Look at the charts of the highest quality companies in the stock market There are little pullbacks along…

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Is It a Good Time to Buy a House?

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Is It a Good Time to Buy a House? This question is one of the most common questions we see from consumers, investors, real estate agents, and many others with interest in the real estate market.  The answer is ‘yes’.  But it also depends on your specific situation, what’s important to you, and where you…

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Talk of Housing Crash Not Supported by Appreciation Data

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Talk of Housing Crash Not Supported by Appreciation Data The Fed hiked its benchmark Fed Funds Rate, while there’s more to January’s job data than the headlines suggest. Plus, find out what the latest news on home price appreciation really means, all ahead in these stories: Are More Fed Rate Hikes Ahead This Year? January…

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Abdi Mohammadian NMLS# 356391

Licensed by The Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act. NMLS# 1141
MasonMac Corporate

Mason-McDuffie Mortgage Corporation

Office: (925) 785-7851

12647 Alcosta Blvd
Suite 300
San Ramon, CA 94583

Licensing:

Not a commitment to lend. Rates and terms subject to change without notice. Licensed by the California Department of Financial Protection and Innovation under the California Residential Mortgage Act No. 4130968; AL #22653; AR #32700; AZ #1015403; Colorado regulated by the Division of Real Estate; DE #019623; FL #MLD819; Georgia Residential Mortgage Licensee #20924; ID #MBL-5861; Kansas Licensed Mortgage Company #MC.0025601; KY: #MC701698; MD: #16927; Mississippi Licensed Mortgage Company Licensed by the Mississippi Department of Banking and Consumer Finance;Licensed by the Minnesota DOC #MN-MO-1141; Licensed by the NJ Department of Banking and Insurance; NC: L-152867; NV: #3681; OK: #ML012358; Licensed by the Oregon Division of Financial Regulation #ML-3808; PA: #37008; TN: #112513; Licensed by the Virginia State Corporation Commission #MC-5579, WV: #ML-31523/MB31759. NMLS #1141. www.nmlsconsumeraccess.org