Housing Demand Is UP Nationally, But Temecula’s Market Is Telling a Different Story

  Housing Demand Is Rising Nationally, But Temecula Tells a Different Story The housing market is starting to surprise everyone this month, in a good way. National housing demand is up double digits compared to last year. According to HousingWire, pending home sales are up 15.36% year-over-year and

Portable Mortgages Don’t Fix Housing Affordability | Felicia Morales

Portable Mortgages: A Band-Aid, Not a Solution to Today’s Housing Crisis A Creative Idea That Misses the Bigger Problem There’s buzz right now about a federal proposal to allow “portable mortgages” — the idea being that homeowners could carry their current low mortgage rate to their next home instea

50-Year Mortgages: What They Mean & Why Experts Are Warning Buyers

50-Year Mortgages? Here’s What You Really Need to Know There’s been a lot of noise lately about 50-year mortgages — especially after the White House and federal housing officials floated the idea publicly. The conversation grew when former President Trump shared an image hinting at support for the p

Why Mortgage Rates Jumped, Then Fell - This Week’s Data Surprise

A Rare Week of Data: Why Rates Took 2 Steps Forward and 2 Steps Back Posted by Felicia Morales, Broker/Owner at Lumina Real Estate & Lending, based in Temecula, CA and serving all of Southern California Strong Data, Soft Data, and Mortgage Rates on the Move This past week was a rollercoaster for the