Home Finance

How Will Rising Interest Rates Impact Homebuyers?

July 16, 2013

  Mortgage interest rates are on the rise. We keep hearing this news but without having any real numbers, it can be difficult to determine what a rise in mortgage interest rates really means to you. A recent article by Wayne Faulkner on Star News Online, gives some details on the impact increasing mortgage rates […]

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How do I prepare for my home buying process?

June 21, 2013

Preparation is key to anything, whether it’s a work meeting, an interview or your child’s first day of school; it always easier to see the big picture when everything is laid out in front of you. We encourage the same preparation when you begin your home buying process. It will also impress your mortgage consultant! […]

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Don’t Fear the 401(k) Loan…

May 16, 2013

Having trouble scrounging up money for the down payment on your new home, but you don’t want to build up interest on a bank loan? A frequently asked question that our Shea Mortgage team gets is, “Can I pull money from my 401(k) plan? And is there a penalty?” Fear not! The best option for […]

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Quick Tips on Loans and Refinancing in 2013’s Housing Market

April 19, 2013

The housing market has gone through several ups and downs the past five years, and right now, we are happy it is on the upside. So whether you’re looking for a new home to buy or you already own one, what is the next step for you in terms of loans and financing for the […]

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Homebuyer Seminar #3: Building Wealth through Home Equity

April 5, 2013

Taking a quick step back to last week’s video and talk about building wealth! This is just another aspect of why buying a home is better than renting one.  Here are a few quick quotes from the video: “Average homeowners’ net worth is 31 times that of a renter.” –National Association of Realtors “Home equity […]

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The Mortgage Meltdown Explained…

March 15, 2013

This week we featured the first episode of our new mini-series, The Homebuyer’s Seminar.  Though a scary subject, we feel it is important to help you understand how the “mortgage meltdown” happened and how our housing market is currently recovering from that downfall.  This photo is a visual explanation of the process, and if it […]

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Simple, Inexpensive, Energy Efficient Home Upgrades

October 1, 2012

If you live in a Shea-built house, you’ve already increased your chances of living in an energy efficient home. That’s because Shea Homes is committed to building energy efficient homes. But we’re not talking about green building right now. What we’re addressing here are the five simplest, cheapest, no-hassle ways to improve energy efficiency and resource […]

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DIY Tips to Make Your House a Home

September 27, 2012

  We all want to make our house as “homey” as possible, but sometimes coming up with an original creative idea can be difficult. Have you ever found the perfect decor for your home but looked at the price tag and realized you’d have to put that dream item aside? Whether you’re crafty or not there are […]

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Shea Homes Offers Mortgage Assistance for Low- to Moderate Income San Diegans

July 26, 2012

  A new program available through Shea Homes is helping low- to moderate-income San Diegans realize the dream of new home ownership. Don’t have the money for a down-payment? Shea is now participating in a home buying assistance program that offers the following assistance to qualified individuals: • Total financing of up to 99.5% of the price […]

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Mortgage Insurance Rates Increasing on FHA Loans

March 21, 2012

  FHA Mortgage Insurance Rates Will Be Going Up on All New Loans Assigned April 9, 2012 and After. FHA Loans are loans insured by the Federal Housing Administration (FHA). These insured loans minimize the risk lenders face by allowing buyers a down payment less than 20% of the price of the home. FHA Loans […]

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