Matthew Barba - 1st Choice Mortgage

10/31/2024

This client called pi**ed off today (not my past client)

Many homeowners who chose a 2/1 buydown in 2022 are now facing unexpected challenges.

Rates haven't dropped as hoped, and relying on sales-driven loan officers to tell you when to refinance can be both frustrating and unreliable.

The problem is clear: waiting on someone else means you might miss the perfect opportunity to refinance.

But it's 2024—we have the tech to fix it!

Set your target interest rate with your lender, or Strike Rate, and ask for a rate alert when the market hits your target rate.

If you know someone with a temporary buydown, let them know to take a proactive approach.

10/17/2024

To my clients,

I'm inspired by what many of you have done with your home equity. From launching businesses and buying investment properties to growing side hustles that replaced full-time incomes, your stories are a testament to the power of leveraging equity for growth and your future.

I'm honored to represent and broker for you.

08/06/2024

I've seen a few market cycles by now, and I can confidently say that this is shaping up to be one of the best opportunities for home buyers. Inventory levels are up, giving you more choices than ever before. Some sellers have offered credits to cover repairs, closing costs, and rate buy-downs.

Interest rates are predicted to lower through the year's end, and lenders are still offering temporary buy-down programs. In addition, the government has and is rolling out new guidelines to make it easier for home buyers.

I know affordability is still a major concern for many, but with a little creativity and some sacrifices, I truly believe this is a great opportunity for those who want to own real estate.

08/05/2024

Are you ready to take control of your financial future?

Let's schedule an exclusive session where we'll dive deep into:

In-Depth Mortgage Review: Understand your current mortgage and discover ways to optimize it.

Financial Goals/Debt Analysis: Get a clear picture of your financial landscape and create a tailored plan to achieve your goals.

Real Estate Investment Portfolio: Learn how to create or expand your real estate investments for long-term wealth. Convert home to investment property, (sell vs rent).

Don't miss out on this opportunity to transform your financial strategy and build a prosperous future. Let's make your money work for you!

- 925.640.8521
Text to schedule your appointment

07/18/2024

Homeowners will finally be able to save money.

With rates continuing to drop, now is the perfect time to take advantage of the Streamline Refinance (FHA, VA & USDA)!

Here’s why you should consider it:

No Appraisal Required
Reduced Documentation
No Income Verification
Lower Interest Rates
Faster Closing

07/05/2024

The "crash bros" are going to have a field day with this one!

Some of the hottest housing markets are experiencing a pricing correction, and here's the real deal: these markets were on a wild ride with unsustainable double-digit growth year after year.

It's only natural for prices to plateau and correct back to historical averages. Don't get caught in the panic—this is just the market finding its balance.

New home listings are trending up — but what does that mean for prices?

07/27/2022

The FED increases interest rates by .75 BPS to fight inflation.

This means you will see higher interest rates on variable loans. Like credit card debt and debt with a floating rate like Adjustable rate mortgages, that have matured. HELOC rates attached to prime will also adjust.

It's best to pay off credit cards each month or keep balances as low as possible.

As of today, 30-year fixed mortgage rates have actually started to trend lower.
Alex Jimenez

The Federal Open Market Committee released its post-meeting statement Wednesday on what it will be doing with interest rates.

12/22/2021

We just funded this property, we are able to beat a lot of good offers.

12/21/2021

We just funded this property, we are able to beat a lot of good offers.