Summary:  Over the past few years, many homeowners have chosen to refinance their home mortgage, taking advantage of historically low rates. In 2022, those rates are expected to rise, which has prompted many homeowners to wonder: Is a mortgage refinance still worth it?    Find out more about the benefits of refinancing, and whether 2022 is still a good time to do it, from the team at Loan Fleet. Check out our latest blog post for insights and tips about how to get the best mortgage refinance rates in California. Should I Refinance My House Mortgage in 2022? Refinancing offe ..read more

When the COVID pandemic began, the Federal Reserve took unprecedented action to control pricing, resulting in historically low mortgage rates. These rates have continued for the past 20 months, but it looks like mortgage rates will be rising in 2022. At their most recent meeting, the Fed announced new actions to control inflation, which will likely result in higher interest rates as soon as January 2022. The upshot of all this is that, if you’re on the fence about buying or refinancing, we recommend taking action as soon as possible.  Learn more about what current mortgage rates mean for ..read more

Over the past couple of years, real estate prices have risen considerably. Californians are by no means exempt from this. The question is, what will California mortgage and real estate trends look like in the year to come? In a new blog post, the real estate experts at Loan Fleet dive into some of the data, and consider what California’s real estate market has in store for 2022. Learn more about why real estate prices may  continue rising in 2022, and why current mortgage rates in California make this a great time for homeowners to think about refinancing. Get all of this and more in the ..read more

The process of buying a home can be pretty overwhelming; after all, it’s a real estate decision that will have a major, long-term effect on your family’s life, as well as on your finances. The mortgage process alone presents countless critical decisions, and the need to juggle innumerable documents and deadlines. As such, it’s not surprising that even experienced homebuyers can make honest mistakes. And for first timers, that risk is even higher. In this article, we’ll highlight some of the most common mistakes that homebuyers make during the home loans process, along with some tips on avoidi ..read more

For weeks, it’s been assumed that the autumn season (and rising COVID-19 cases) might bring a slowdown to the housing market… and potentially, a reduction in prices. Aspiring homebuyers who were awaiting this slowdown now find themselves out of luck: There has actually been a frenzy of home buying activity in recent weeks, with little sign of it letting up. There are a number of contributing factors here, but historically low mortgage rates surely top the list. Amazing Home Sales Numbers in September Throughout the month of September, homebuying rates hit a rapid pace. In fact, early numbers s ..read more

Every four years, the U.S. holds a Presidential election in early November. The event captures the attention of just about every American for at least a few months, not to mention, the world.  That’s because the outcome can have a ripple effect and impact economic attitudes, outlooks, forecasts, and confidence within the United States and beyond. It’s a pretty important event to say the least, and rightly so. However, what if a life situation, such as a new job or new member of the family, puts you in the market for a home during an election year? If you’re considering a major purchase du ..read more

COVID-19 has obviously had a massive impact on every aspect of our existence. When the entire world screeched to a halt, everyone’s professional and personal path was altered or affected in some way.  The Federal government did help by offering economic stimulus funds, loans and programs to try and help the workforce bridge the gap. And while whether more such assistance is needed is certainly debatable, there’s no denying it did indeed offer a lifeline to many American families. The lives and livelihoods of many are still going through a combination of pushing through, being put on hold ..read more

Buying a house is a big step and so is applying for a mortgage. It’s probably not something you want to do alone, but who can you get to guide you through the process? Of course we feel strongly that it should be Loan Fleet, but no matter which company you go with, we’d encourage you to think through a few basics. In this post, we’ll share five essential qualities a good Orange County mortgage company should offer loan seekers. Local Roots One thing you want in your Orange County mortgage company is for it to be in, well, Orange County. As you apply for a mortgage, having to constantly have do ..read more

We’ve blogged before about the potential advantages of refinancing. Such as how it can help you get lower monthly payments, pay off your home loan more quickly, or about how it can help you consolidate debts and gain more financial freedom. All of that is true, but it’s important to emphasize that refinancing is just one tool in the mortgage toolbox. It’s certainly useful, but it’s not the right move for everyone. As you consider whether you might be a good candidate for refinancing, we invite you to ask yourself the following questions: How Much Equity Do You Have in Your Home? If the total v ..read more