Author: Carrie B. Reyes

Fed announces a quicker increase to interest rates

Posted by Carrie B. Reyes | Dec 20, 2021 | 2020 Recession, Economics, Interest Rates, Real Estate

The Fed’s announcement follows another month of record-setting consumer inflation.

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California’s declining population: the worst way to fix the housing shortage

Posted by Carrie B. Reyes | Dec 13, 2021 | Economics, Home Sales, Real Estate

Here in California, real estate professionals are dealing with insufficient building — and people are heading for the door.

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October 2021 California home sales ease back into seasonal patterns

Posted by Carrie B. Reyes | Dec 9, 2021 | Economics, Home Sales, Real Estate

44,400 new and resale home transactions closed escrow in California during October 2021.

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2021 mortgage originations decline from record heights

Posted by Carrie B. Reyes | Dec 6, 2021 | Economics, Finance, Real Estate

$3.8 billion in mortgages were originated in 2021, the majority of which were refinances.

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LIBOR phase out begins on December 31, 2021. Are you ready?

Posted by Carrie B. Reyes | Dec 6, 2021 | Economics, Finance, Loan Products, Real Estate

As LIBOR’s demise quickly approaches, the Secured Overnight Financing Rate (SOFR) is the backup rate of choice.

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