The Bay Equity Home Loans Bug - BE Bug Icon | Bay Equity Home Loans

Bay Equity News


We’re committed to connecting with our clients. Whether it’s a conversation in person, a quick call or text during your lunch break or by sharing valuable news you can browse on your own time, we want you to have full access to our expertise.

Features

[object Object]
July 24, 2024
The big move: Deciding whether to sell

Whether prompted by market conditions personal circumstances or even just a desire for a fresh start selling a house in today’s market requires careful thought and planning.

Start by factoring in the suitability of your current home. Will it meet your needs in the years to come or are there limitations?

Selling can be emotionally charged...

[object Object]
July 18, 2024
Reverse mortgages still relatively underused

Despite becoming a household term over the last 35 years only about 1.3 million HUD-insured Home Equity Conversion Mortgages (HECMs) – commonly called Reverse Mortgages – have ever been issued.

For such an innovative and powerful retirement planning tool the number is somewhat surprising especially considering the growing number of American seniors. Today adults 65 and...

[object Object]
July 11, 2024
Prepare yourself for unanticipated new home expenses

Becoming a homeowner is an exciting milestone symbolizing independence stability and the fulfillment of long-held dreams.

Amid the joy however many first-time buyers are taken aback by unanticipated expense. While diligently budgeting for mortgage payments property taxes and insurance homeowners often underestimate or overlook these additional costs.

Commonly cited are maintenance and repairs. While renting generally...

[object Object]
June 27, 2024
Slower price growth key to normalizing housing market

For the first time since the start of the Covid-19 pandemic U.S. home prices are showing signs of stabilizing.

For the four weeks ending June 23 only about 2/3 of homes sold for more than asking price the lowest share since June of 2020. Annual home price growth slipped to 4.6% in May from 5.3%...

[object Object]
June 17, 2024
Weathering the storm: Climate and homeownership

In recent years the frequency and intensity of climate events have escalated leaving many homeowners grappling with the aftermath.

From hurricanes and floods to wildfires and heatwaves extreme weather conditions pose both immediate dangers and lasting repercussions.

A recent survey from Fannie Mae's Economic & Strategic Research (ESR) Group found nearly half of homeowners are...

[object Object]
June 16, 2024
Read the fine print before buying a home warranty

Spend any amount of time watching television and you’re likely to encounter a barrage of advertisements for home warranties.

Well-written and engaging the ads play on consumers’ well-founded fears of suddenly being faced with a major repair bill on an appliance or vital home system.

Homeowners insurance is required with every mortgage loan. Homeowners insurance steps...

What interests you?