BLOG | American Pacific

Jan 30
1 min

Save for Down Payment or Pay Off Debts. Which is More Important and Why?

Residential mortgage lenders use the Debt-to-Income Ratio (DTI) to assess your ability to manage monthly payments. While program...

7 views0 comments

jay80956

Jan 30
1 min

Timing Your Home Purchase January 2024

If you think interest rates will fall in 2024, as I do, you really should not be waiting for rates to fall before purchasing your home....

3 views0 comments

jay80956

Jan 20
3 min

Buying a Home with Cash vs Financing

While buying a home with all cash makes short term economic sense, buying with financing is the only way to build wealth. All Cash...

5 views0 comments

jay80956

Jan 5
3 min

Pitfalls and Joys of Investing in Real Estate with Family Members

Investing in real estate with family members isn’t for everyone, but those families who can, will reap a lifetime of rewards. Here are...

6 views0 comments

jay80956

Jan 5
2 min

How Using Debt Can Counter Inflation for the Borrower

This discussion is about the difference between real value versus nominal value. Price inflation is dollar devaluation. A little about...

5 views0 comments

jay80956

Dec 19, 2023
1 min

Grant Money is Available to Build Your ADU

The California Housing Finance Agency (known as CalHFA) offers a grant program to assist homeowners in the State with building Accessory...

3 views0 comments

jay80956

Dec 19, 2023
2 min

What are ADUs and Why Are They Popular?

Accessory Dwelling Units (ADUs) are a form of residential housing that have gained significant popularity, especially in California. They...

4 views0 comments

What is and How Do I Get Down Payment Assistance?

jay80956

Nov 21, 2023
4 min

What is and How Do I Get Down Payment Assistance?

Down payment assistance programs, also known as community seconds, play a crucial role in increasing access to homeownership for low and...

14 views0 comments

Who Would Benefit from a Reverse Mortgage

jay80956

Oct 7, 2023
2 min

Who Would Benefit from a Reverse Mortgage

A reverse mortgage is a financial option designed for senior citizens who are homeowners and looking for ways to supplement their...

11 views0 comments

How Bridge Loans Make Buying Before Selling Possible

jay80956

Oct 7, 2023
2 min

How Bridge Loans Make Buying Before Selling Possible

Bridge loans are temporary loans providing immediate funds to bridge a gap between two major transactions, in this case the sale of a...

5 views0 comments

Why Higher Interest Rates are Not Crashing Home Prices

jay80956

Sep 25, 2023
1 min

Why Higher Interest Rates are Not Crashing Home Prices

It comes down to supply and demand. It was over 22 years ago when mortgage rates were last in the current range, recently over 7%. This...

41 views0 comments

jay80956

Sep 13, 2023
1 min

Welcome to Navigating Mortgages Blog

Hi Everyone! I want to sincerely welcome you to this blog. I wish I had started this blog a decade ago. In most aspects of my life, I...

49 views0 comments