Kevin Nguyen

Contact Kevin

Branch Manager / Sr. Mortgage Consultant
800.815.1945 ext. 3624
916.469.3624 Direct
916.596.6656 Assistant
925.759.3376 Mobile/Text Messages
916.258.0702 Fax

kevin@MyEquityZone.com
 

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Featured Posts

Case Shiller Price Index Shows An Annual Growth Rate Of Home Prices

Home prices were still gaining in July, but for 15 of 20 cities included the S&P Case-Shiller 10 and 20-city Home Price Indices, the pace of increasing home prices is slowing down. National home prices rose by 1.80 percent in July as compared to 2.20 percent in June. Home prices grew by 0.60 percent from June to July on a seasonally-adjusted basis. This was the lowest month-to-month gain since September 2012. David Blitzer, index committee chairman of S&P Dow Jones Indices, said that … [Read More...]

Highest Existing Home Sales Since February 2007

Sales of existing homes reached their highest volume in almost six years in August. The National Association of REALTORS reported Thursday that sales of existing homes rose 1.70 percent in August to a seasonally-adjusted annual rate of 5.48 million existing homes sold. This was the highest number of existing home sales since February of 2007. August's results exceeded estimates of 5.20 existing homes sold, which was based on July's unrevised reading of 5.39 million existing homes sold. The NAR … [Read More...]

What’s Ahead For Mortgage Rates This Week — September 23, 2013

Last week's economic news was dominated by the Federal Reserve's decision not to taper its $85 billion in monthly securities purchases. Fed Chairman Ben Bernanke noted in a scheduled statement after the Federal Open Market Committee meeting that economic conditions were not yet adequately improved to withstand any decrease in the federal quantitative easing program. The Fed also reaffirmed that the target federal funds rate would remain at 0.00 to 0.25 percent until the national unemployment … [Read More...]

Quick Tips To Beat Out Cash Buyers

You've been searching for the perfect home for quite a while, and finally, you've found it! You get all of your finances in order and place an offer on the house. However, you're not the only one that loves the home, because there are multiple offers — and one of them is cash. Cash buyers are seen as desirable because they're almost always a guaranteed quick close. They don't have to borrow money from a bank therefore won't have any financing hang-ups, which is where a large portion of … [Read More...]

Fed Meeting Minutes Expose Mortgage Rates As Remaining Historically Low

The Federal Open Market Committee of the Federal Reserve decided not to reduce the Fed's current quantitative easing program of purchasing $85 billion monthly in Treasury securities and mortgage-backed securities. Going against wide expectations that the Fed would reduce the QE purchases, Fed Chairman Ben Bernanke said that current economic conditions aren't strong enough to warrant tapering. The Federal Reserve May Reduce Monthly Securities Purchases The FOMC, which sets monetary policy for the … [Read More...]

Home Builder Confidence Has Far Outpaced Actual Home Construction

Home builder confidence was unchanged for September according to the National Association of Home Builders/Wells Fargo Housing Market Index HMI released Tuesday. After four months of rising confidence, September's HMI reading came in at 58, which was not far from expectations of a reading of 59. August's reading of 58 was revised from 59. Readings over 50 indicate that more builders view housing market conditions as being positive than negative. Housing Market Index Readings Rise Components of … [Read More...]