David Lerman

NMLS # 391243

818-627-5363

david@calunionfunding.com

David Lerman CEO/Sr. Loan Officer

Blog

Builder Confidence Highest Since December

Builder Confidence Highest Since December

Builder confidence just hit its highest level since December, reaching the second highest level since well before the housing crisis began.  The National Association of Home Builders (NAHB) said its Housing Market Index, which it produces in conjunction w

May 16, 2017 |

How Low Interest Rates Increase Your Purchasing Power!

How Low Interest Rates Increase Your Purchasing Power!

 According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 4.09%, which is still very low in comparison to recent history! The interest rate you secure when buying a home not only g

May 15, 2017 |

Housing Affordability Ticked up in First Quarter!

Housing Affordability Ticked up in First Quarter!

Rising wages helped to boost housing affordability in the first quarter, even as interest rates rose.  The National Association of Home Builders (NAHB) said its NAHB/Wells Fargo Housing Opportunity Index indicates that 60.3 percent of new and existing hom

May 15, 2017 |

Is This the Year to Move Up to Your Dream Home? If So, Do it Early

Is This the Year to Move Up to Your Dream Home? If So, Do it Early

   It appears that Americans are regaining faith in the U.S. economy. The following indexes have each shown a dramatic jump in consumer confidence in their latest surveys:The University of Michigan Consumer Sentiment IndexNational Federation of Independen

Mar 14, 2017 |

If Your Home Hasn’t Sold Yet… Check the Price!

If Your Home Hasn’t Sold Yet… Check the Price!

 The residential housing market has been hot. Home sales have bounced back solidly and are now at their second highest pace since February 2007. Demand has remained strong throughout the winter as many real estate professionals are reporting bidding wars

Mar 01, 2017 |

Will Housing Affordability Be a Challenge in 2017?

Will Housing Affordability Be a Challenge in 2017?

 Some industry experts are saying that the housing market may be heading for a slowdown in 2017 based on rising home prices and a jump in mortgage interest rates. One of the data points they use is the Housing Affordability Index, as reported by the Natio

Feb 15, 2017 |