10 Habits To Drop for Success

Our friends at Success Magazine have a great article about 10 habits to drop if you want to be successful.  We really like this article because it is short, to the point, and has some easy to accomplish goals.  The 10 habits aren’t just work habits, but will also enrich your life outside work.  Click here for the article.

The Easterbrook Team

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Why Adjustable-Rate Mortgages Aren’t as Risky as You Think

Benjamin Harris is a visiting associate professor at the Kellogg School of Management at Northwestern University and previously was the chief economist to former Vice President Biden.

To Read The Entire Article Click Here!

The Easterbrook Team is your home mortgage source.  Please call us today!
916.850.6050  EasterbrookTeam@spmc.com

Should You Invest Money or Put It Toward Your Mortgage?

My husband and I are looking to buy a home, and instead of using the money from our current home sale as a down payment, we were considering investing it instead. Or would it be wiser to use our extra cash to bring down our new mortgage? Worth noting: We’re relatively young (considered millennials). Which will make us better off financially: investing our excess cash or putting it toward the house, having a lower mortgage balance, and saving on interest?

To Read The Entire Article Click Here!

To discuss your homebuying or refinance needs, contact The Easterbrook Team today!
916.850.6050  EasterbrookTeam@spmc.com

Janis Joplin Market Advise

She may not look like your typical economist or bond trader, but her advice was as true in 1967 as it is in the last days of August of 2017 when Janis Joplin sang:

In this world, if you read the papers, darling
You know everybody's fighting ah with each other
You got no one you can count on babe...
...I'd say get it while you can, yeah.

Every cloud has a silver lining and the little cloud hovering over North Korea is no exception.  Over concerns of military escalation, there is a flight to safety with bonds.  The increased yield in bonds has given us the best pricing that we've seen in 2017.  This may be short-lived because every other economic indicator points to higher rates.  Get it while you can...

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916.850.6050-Start your refinance or path to homeownership

"We Make The Loan Process Easy!"

Down Payment Savings

New Study on Down Payment Savings

 

Hanley Wood’s Data Studio recently assessed Metrostudy and Census data to determine how long it would take each generation to save for a 10% down payment. (Results were based on the median household income and median home price for each age group.)

The study found that Millennials and retirees generally take the most time to save for a down payment. Meanwhile, Americans ages 45 to 54 need the least. Here are the complete results:

• Ages 18 to 24: 8.77 years
• Ages 25 to 34: 7.34 years
• Ages 35 to 44: 5.45 years
• Ages 45 to 54: 3.54 years
• Ages 55 to 64: 3.72 years
• Ages 65 and over: 7.37 years

Setting aside enough money for a down payment is one of the most challenging steps in the home buying process. However, on the Easterbrook Team, we have some very helpful strategies can be utilized to make saving easier. We’ve also got an arsenal of strategies to create down payment funds, from 401K’s to the Bank of Mom and Dad. If you know anyone who could benefit from a savings discussion, count on us to help.

To make your dreams come true, Call The Easterbrook Team for your refinance and purchase needs.

916.850.6050 easterbrookteam@spmc.com 

John Easterbrook NMLS#226555

Patty Aguon NMLS#994635

75 Apps to Optimize Your Time at Work

Whether you're rushing between showing prospective buyers a home or hurrying out the door to go view comparable sales for your new listing, these applications could be the key ingredient in getting you to your 2016 goals faster. CLICK HERE

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John Easterbrook & Patty Aguon