How Are International Markets Affecting Rates in Roseville?

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It's time again for another Mortgage Minute Update for the Roseville area market.

Due to struggling international markets, the threat of rising interest rates has been put on hold. They remain stable, and will likely remain stable, until markets around the globe begin to recover. It looks like there is now only a 40% chance that rates will begin to slowly rise.

Right now, 30-year fixed-rate mortgages are in the low 4% range, 15-year fixed rates are in the high 3% range, and VA and FHA loans are about .5% lower than conventional rates. We'll probably see a bit of a rise by the end of the year, but nothing significant enough to worry about.

In the past, conventional loan interest rates have been very sensitive to a person's credit score. So, if you have a low score you get a higher rate, if you have a high score you get a lower rate. With FHA and VA, it used to be that everyone over a certain score got the same interest rate, but that's now changing. Soon, FHA and VA rates will be far more sensitive to your credit score, much like conventional loans are.

If you have any questions about the mortgage world, you can reach our preferred lender, Marc Brinitzer, at (916) 761-3760 or MCBrinitzer@APMortgage.com.

Of course, if you have real estate questions, don't hesitate to reach out to us. We're always available to help!

What Do Roseville Home Buyers Want?

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Selling your Roseville home? Get a free Home Price Evaluation

Today I want to speak about what buyers are looking for in Roseville homes. There are three very basic things that people seem to be looking for.

A clean home. This may seem very obvious, but dirty homes simply don't sell. Homes that are cleaner and better taken care of also sell for more money. Cleaning your home is simple and easy, so there's no reason not to tidy it up before a sale. Install new paint and carpet if you need to.

Remodeling is also what buyers would like to see. Updated kitchens and bathrooms are the two places that you will want to fix up. Granite countertops are pretty much standard nowadays. When you think about all the new homes on the market, remodeling is important if you want to compete.

Location is also extremely important. People want good schools, easy freeway access, and nice neighborhoods.

If you're thinking of selling your home and you have these three components, your home will sell for top dollar with no problems.

I realize not everyone can change their location, but there are ways to highlight other features of your home. If you need help selling, please don't hesitate to contact me.

I would love to get you top dollar for your home!

Three Ways to Escape the Summer Heat

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Selling your Roseville home? Get a free Home Price Evaluation

We're in the middle of summer, and we probably have at least another month of high temperatures in store for us. So, where can you take your family to cool off? I have three different places to share with you today.

The Roseville Aquatics Complex: This place features an Olympic size pool, a zero-depth recreational pool with beach entry, a 150-foot waterslide, and a children's play area.

Folsom Lake: You can water ski, wakeboard, tube, sail and swim on this lake. It's a wonderful place to visit if you just want to relax for a while. In the midst of our drought it's not as full as it should be, but it will fill back up sooner or later.

Lake Natoma: This is another great lake in the area, and it also features the Sacramento State Aquatic Center. This facility allows you to rent sailboats, paddleboards, kayaks, canoes, jetskis, and more.

These are some great ways to cool off this summer, but these aren't your only options. If you would like more ideas, please don't hesitate to contact me.

As always, refer to me as your #1 resource for real estate in the Sacramento area!