Finding Your Perfect Home- PSRA Vs. BRBC As of August 17, 2024, signing a buyer-broker agreement is made mandatory before buyers can view homes in California. This change was implemented to enhance transparency and protect both buyers and agents. By requiring this agreement, regulatory bodies aim to ensure that all parties are fully aware of […]
As of August 2024, property showing agreements have become mandatory in many regions. This mandatory implementation aims to enhance transparency and protect both buyers and agents. Here are the key reasons behind this requirement: Clarity and Transparency: By having a formal agreement in place, both parties are clear about their rights and obligations from the beginning. […]
It may feel counter-intuitive to see mortgage rate going down when Fed raises rate. This is because mortgage rates are not directly impacted by Fed rate, but rather moves with 10-year Treasury yield. And, since Treasury notes are often used as a recession-hedge, people buys into 10-year treasury when worried about a possible recession. This […]
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