Author Archive: Jehoshua Shapiro

Emortgages.com has been in business since 1998. We were one of the first mortgage companies in the country to take the mortgage business online. We wanted to give our customers 24/7 access to rates, application forms, and mortgage information.

We have a great group of agents and processors who are ready and willing to help our customers through the entire home mortgage process from start to finish. We understand that you have many mortgage consultant options and are prepared to earn your long term trust.

I would love to connect with you about any of your real estate finance questions. Give me a call at our office number (707) 763-6290, toll-free at (800) 619-4400 or email me at js@emortgages.com. Am looking forward to being in touch.

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Is It Possible To Have A Hurricane-Proof Home?

Is It Possible To Have A Hurricane-Proof Home?

September 27, 2019 |

The recent total devastation of the Bahamas by hurricane Dorian reinforced the need for hurricane-proof homes in areas that are subject to this risk. Building codes have not kept up with the increasing severity of the weather.

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Case-Shiller: July Home Price Growth Hits Lowest Pace in 12 Years

Case-Shiller: July Home Price Growth Hits Lowest Pace in 12 Years

September 26, 2019 |

Case-Shiller’s National Home Price Index reported U.S. home prices grew by 3.20 percent year-over-year in July; as compared to year-over-year home price growth 0f 3.00 percent posted in June. Cities with the highest rates of year-over-year home price growth were Phoenix, Arizona with 5.80 percent year-over-year home price growth. Las Vegas, Nevada had 4.70 percent year-over-year home price appreciation and Charlotte, North Caroline bumped Tampa, Florida from the top three cities with home price appreciation of 4.60 percent. Tampa, Florida posted 4.50 percent year-over-year home price growth in July.

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4 Reasons to Take Your Own Car When Viewing Homes

4 Reasons to Take Your Own Car When Viewing Homes

September 25, 2019 |

When you’re in the market for a new home to buy, your real estate agent will likely invite you to ride along with them to view homes. This is a convenient courtesy, but you may want to reconsider. Your other option is to follow the real estate agent in your own car instead.

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Expanding Opportunities For Home-Buying In ‘Opportunity Zones’

Expanding Opportunities For Home-Buying In ‘Opportunity Zones’

September 24, 2019 |

Opportunity Zones were created by the 2017 Tax Cuts and Jobs Act to encourage investors with capital gains on other investments to invest that money in low-income and undercapitalized communities. They get a reward of deferring capital gains tax. They avoid a portion of it altogether if they keep the investment for five years or longer.

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What’s Ahead For Mortgage Rates This Week – September 23rd, 2019

What’s Ahead For Mortgage Rates This Week – September 23rd, 2019

September 23, 2019 |

Last week’s economic reports included readings from the National Association of Home Builders on housing market conditions, Commerce Department reports on Housing starts and building permits issued and the National Association of Realtors(R) report on sales of previously owned homes.

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How To Crowdfund A Renovation Project

How To Crowdfund A Renovation Project

September 20, 2019 |

Crowdfunding came into prominence with the Jumpstart Our Business Startups (JOBS) Act that President Obama signed into law during 2012 and subsequent enhancements. The JOBS Act made it easier for startups to raise money and for the first time allowed the legal ability to advertise the investments and accept small investors.

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Fed Policymakers Cut Key Rate Range by .25 Percent

Fed Policymakers Cut Key Rate Range by .25 Percent

September 19, 2019 |

The Federal Reserve’s Federal Open Market Committee reduced its key short-term interest rate range one-quarter percent to 1.75 to 2.00 percent during it’s September meeting. While FOMC members had mixed opinions on reducing the benchmark rate range for short term loans, the post-meeting statement suggested that reducing the federal funds rate was a hedge against inflation. The federal funds rate impacts short-term consumer loan rates for autos and adjustable rate mortgages, but does not impact fixed mortgage rates. FOMC monetary policy decisions are governed by the Federal Reserve’s dual mandate of maintaining price stability and an inflation rate of 2.00 percent.

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NAHB: Home Builders Remain Confident

NAHB: Home Builders Remain Confident

September 18, 2019 |

The National Association of Home Builders Housing Market Index shows steady builder confidence in housing market conditions. September’s index reading of 68 was one point higher than August’s reading. Any reading over 50 indicates that most home builders surveyed view housing market conditions as favorable. August’s original index reading was adjusted upward by one point.

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New Home Prices Going Down Making Them More Affordable

New Home Prices Going Down Making Them More Affordable

September 17, 2019 |

Residential real estate developers in America are responding to a national slowdown in new home construction by building smaller homes that are more modestly priced. The demand for smaller, less expensive homes is growing, while the overall demand for new custom homes is declining. Prices decreased slightly, by about one-half percent, from the price levels in 2018 for newly-constructed homes.

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What’s Ahead For Mortgage Rates This Week – September 16th, 2019

What’s Ahead For Mortgage Rates This Week – September 16th, 2019

September 16, 2019 |

Last week’s economic news included readings on inflation, core inflation and consumer sentiment. Weekly reports on mortgage rates and first-time jobless claims were also released.

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