305-851-5225
nveitia@dgpinnacle.com
Apply Now
Secure Doc Upload
DG PINNACLE FUNDING, LLC  Logo

Noel Veitia

NMLS ID 277729

305-851-5225 nveitia@dgpinnacle.com

Blog

BE CAREFUL THERE's A SCRIPT IN HERE

Blog Image: The #1 Misconception in the Homebuying Process

The #1 Misconception in the Homebuying Process

After over a year of moderating home prices, it appears home value appreciation is about to reaccelerate. Skylar Olsen, Director of Economic Research at Zillow, explained in a recent article:  “A year ago, a combination of a government shutdown, stock market slump and mortgage rate spike caused a long-anticipated inventory rise. That supposed boom turned out to be a short-lived mirage as buyers came back into the market and more than erased the inventory gains. As a natural reaction, the recent slowdown in home values looks like it’s set to reverse bac...

February 28th, 2020 | Buying Myths, For Buyers, interest rates, Pricing, The #1 Misconception in the Homebuying Process

Blog Image: Interest Rates Over Time [INFOGRAPHIC]

Interest Rates Over Time [INFOGRAPHIC]

Some Highlights: With interest rates hovering at near historic lows, now is a great time to look back at where they’ve been, and how much they’ve changed over time. According to Freddie Mac, mortgage interest rates are currently hovering near a five-decade low. The impact your interest rate has on your monthly mortgage payment is significant. An increase of just $20 dollars in your monthly payment can add up to $240 per year or $7,200 over the life of your loan. Maybe it’s time to lock in now while rates are still low.

February 27th, 2020 | For Buyers, infographic, interest rates, Interest Rates Over Time [INFOGRAPHIC]

Blog Image: Opportunity in the Luxury Market This Year

Opportunity in the Luxury Market This Year

Homes priced in the top 25% of a price range for a particular area of the country are considered “premium homes.” At the start of last year, many of the more expensive homes listed for sale hadn’t seen as much interest, since much of the demand for housing over the past few years has come from first-time buyers looking for starter homes. It looks like buyer activity, however, is starting to show a shift in this segment. According to the January Luxury Report from the Institute for Luxury Home Marketing (ILHM): “In a snapshot of 2019...

February 26th, 2020 | For Buyers, Housing Market Updates, Luxury Market, Move-Up Buyers, Opportunity in the Luxury Market This Year

Blog Image: What Does It Take to Refinance a Jumbo Loan?

What Does It Take to Refinance a Jumbo Loan?

Mortgage interest rates have dropped significantly in the past year and everyone wants to take advantage of the savings. Those who have jumbo loans – mortgages with balances over the conforming loan limit of $510,400 in most areas – may wonder if they can refinance their loans too. The answer is a definite yes! There may be some additional requirements, but jumbo loan holders can absolutely benefit from today’s lower rates. Jumbo Loan Criteria Because jumbo loans involve such large amounts of money, the requirements for refinancing are typically stricter than with a con...

February 26th, 2020 | Jumbo Loans, Refinancing a Home, What Does It Take to Refinance a Jumbo Loan?

Blog Image: Entry-Level Homeowners Are in the Driver’s Seat

Entry-Level Homeowners Are in the Driver’s Seat

One thing helping homeowners right now is price appreciation, especially in the entry-level market. In the latest Home Price Insights report, CoreLogic reveals how home prices increased by 4% year-over-year and projects prices will rise 5.2% by December 2020. Why is this good news for the homeowners? When prices appreciate, homeowners gain equity. In addition, those planning to sell this year, especially in the entry-level market, can potentially earn a substantial profit. Dr. Frank Nothaft, Chief Economist at CoreLogic, says: “Modera...

February 25th, 2020 | For Sellers, Pricing, Entry-Level Homeowners Are in the Driver’s Seat

Blog Image: The #1 Reason to List Your House Right Now

The #1 Reason to List Your House Right Now

ShowingTime is a firm that compiles data from property showings scheduled across the country. The latest ShowingTime Showing Index reveals how showings have increased in each of the country’s four regions for five months in a row. Supply Move.com also just released information indicating that the number of homes currently for sale has declined rapidly and now sits at the lowest level in almost a decade. They explained, “National housing inventory declined 13.6 percent in January, the steepest year-over-year decrease in more than 4 years...

February 24th, 2020 | For Sellers, Housing Market Updates, The #1 Reason to List Your House Right Now

Pages: 1 2 3 4 5 Next >