Mortgage Blog

Featured Article

May 31, 2023
10 Tips for First-Time Home Buyers

Buying a home is a big decision, and it can be even more daunting for first-time home buyers. But don't worry, we're here to help! Here are 10 tips to get you started:

Read More

Recent Blogs

May 23, 2023
How the Debt Ceiling Talks Are Affecting Interest Rates

The United States is currently facing a debt ceiling crisis. The debt ceiling is the maximum amount of money that the federal government is allowed to borrow. The current debt ceiling is $31.4 trillion, and the government is expected to reach that limit in June of 2023. If the debt ceiling is not raised, the […]

Read More
May 16, 2023
Adjustable-Rate Mortgages (ARMs) Explained

An adjustable-rate mortgage (ARM) is a type of home loan with an interest rate that can change over time. The interest rate on an ARM is usually fixed for a certain period of time, called the introductory period, and then it can adjust up or down periodically, based on an index rate. ARMs typically have […]

Read More
May 9, 2023
Rate Buydown Programs... Are They a Good Idea?

A rate buydown is a mortgage financing technique that lowers the interest rate on a mortgage for a specified period of time. The buyer or seller of the home can pay for a rate buydown. The seller may offer a rate buydown as an incentive to attract buyers, while the buyer may pay for a […]

Read More
May 2, 2023
What is my Purchasing Power? How to Calculate Debt-to-Income Ratio for a Mortgage

Your debt-to-income ratio (DTI) is one of the most important factors lenders consider when you apply for a mortgage. It is a measure of your ability to afford monthly debt payments, including your mortgage, as a percentage of your gross monthly income. A lower DTI ratio generally means you are a more attractive borrower and […]

Read More
April 25, 2023
What are the Costs Involved with Buying a Home and What Will I Be Paying After the Purchase?

There are many different payments that you may be responsible for when buying a house. Some of the most common payments include: In addition to these payments, you may also be responsible for other costs associated with homeownership, such as maintenance and repairs. It is important to factor in these costs when budgeting for your […]

Read More

Ready to learn more?
Speak with one of our experienced loan consultants.

Pacific Coast Home Loans & Realty, Inc. is a Licensed Real Estate Broker, California Department of Real Estate.

DRE #01850417
NMLS #303658
Equal Housing Opportunity
© Copyright 2023 | Pacific Coast Home Loans & Realty, Inc.