blog Archives - Page 2 of 3 - National Pacific Lending

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…

The journey of securing a mortgage is often accompanied by a barrage of unsolicited calls, raising concerns about privacy and consumer protection. In response to this issue, legislators are considering crucial measures to restrict calls targeting individuals in the process of running their credit reports for mortgage applications. The Impact on Consumers: Unsolicited calls during…

The proposed legislation, the “End Hedge Fund Control of American Homes Act of 2023,” aims to address concerns about hedge funds buying and owning single-family homes, potentially impacting the housing market and accessibility for individual buyers. The bill’s key points include: Requirement to Sell Single-Family Homes: Hedge funds categorized as entities managing pooled investor funds…

In the dynamic landscape of real estate, the decision to purchase a property is influenced by a multitude of factors. One such factor that often impacts the market is the fluctuation of interest rates. As a mortgage advisor, it’s crucial to understand that the current scenario in California, marked by high-interest rates, presents an unexpected…

Pending Home Sales rose 1.1% from August to September, much stronger than the 2% decline that was expected, though sales were 11% below the level seen a year earlier. This data measures signed contracts on existing homes, making it a forward-looking indicator for closings as measured by Existing Home Sales.

Greetings, dear readers! In this edition of our Economic Insights Newsletter, we turn our attention to a topic that’s been on the minds of many: the Federal Reserve’s approach to interest rate hikes. As the global economic landscape continues to evolve, it’s essential to stay informed about the Fed’s plans and how they might impact…