blog Archives - National Pacific Lending

What happens to your mortgage if your home is destroyed in a wildfire? California homeowners, this is a critical question, especially after the recent LA fires. Here’s what you need to know: ✅ Your mortgage payments don’t stop—even if your home is gone. ✅ Contact your lender for disaster forbearance to pause or reduce payments.…

If you’re a homeowner who’s been waiting for the ideal interest rate to refinance, you’re not alone. Many homeowners hold out, hoping that rates will drop further, allowing them to secure the lowest possible mortgage rate. However, the reality of mortgage rates is more complex than most realize, and waiting too long can sometimes cost…

Consumer inflation continues to moderate, while home prices hit record highs and housing market activity is on the rise, spurred by lower mortgage rates. Here’s a brief overview of key developments: Consumer Inflation Trending Downward In August, the Personal Consumption Expenditures (PCE) report showed headline inflation increased just 0.1% from July. Year-over-year, inflation fell from…

The Federal Reserve Rate Reduction: A Key Opportunity for Buyers If you’ve been hesitant to purchase a home in California, the recent Federal Reserve interest rate reduction offers a key opportunity you don’t want to miss. Historically, reductions in short-term interest rates are closely linked to declines in mortgage rates, and we’ve already seen rates…

If you purchased your home in the last two years, you likely did so at a time when interest rates were higher. With recent changes in the market, now is the perfect time to explore how you can lower your monthly payments and save thousands over the life of your loan. What’s Changing? The Federal…

The annual Sea Country Festival is just around the corner, happening on August 23, 24, and 25. This event is a beloved community tradition filled with rides, live entertainment, food, and activities for all ages. As a proud Laguna Niguel Chamber Ambassador, Reem Misto will be volunteering throughout the festival. Come by, enjoy the festivities,…

Presented by Reem Misto, Mortgage Advisor Date: July 19th, 2024 Time: 10:00 AM Registration Link: www.ocrealtors.org/investment-loans Are you a realtor or an affiliate member looking to expand your knowledge and enhance your ability to assist more buyers in purchasing investment properties? We have an exciting opportunity for you! The Global Business Alliance committee at Orange…

Hello, I’m Reem Misto from National Pacific Lending. Today, I want to share some important information about new guidelines from Fannie Mae and Freddie Mac. These changes affect condos with a high master insurance policy deductible per unit, specifically when the deductible is over 5%. If you’re a realtor or a potential condo buyer in…

Are you feeling overwhelmed by high-interest debt? You’re not alone. Across the nation, consumer debt is skyrocketing, putting stress on families and their finances. But if you’re a homeowner in California, there’s a valuable asset you might not be tapping into – your home equity. Hi there, I’m Reem Misto, your trusted Loan Officer at…

Dear Orange County REALTORS® Community, Are you ready to gain invaluable insights into the Orange County real estate market, connect with industry leaders, and have a chance to win Bose Bluetooth Speaker? Then mark your calendars for the highly anticipated 2024 Annual Membership Meeting & Market Forecast, hosted by National Pacific Lending in partnership with…