Kevin Nguyen

Contact Kevin

Branch Manager / Sr. Mortgage Consultant
800.815.1945 ext. 3624
916.469.3624 Direct
916.496.3520 Assistant
925.759.3376 Mobile/Text Messages
916.258.0702 Fax

kevin@MyEquityZone.com
 

Mortgage Glossary

Finance Glossary

Mortgage Terms© ML

Featured Posts

Pending Home Sales Index Cruises To Multi-Year High

Home buyers continue to push the U.S. housing market forward. In November, for the second straight month, the Pending Home Sales Index eclipsed its benchmark reading of 100, posting a value of 106.4. The Pending Home Sales Index (PHSI) is published monthly by the National Association of REALTORS®. It tracks homes under contract to sell, but not sold. The PHSI is relative index, comparing current contract activity to the activity of 2001 -- the first year for which "pending homes" were … [Read More...]

Post-Fiscal Cliff, Mortgage Markets Turn Attention To Jobs Data

Mortgage rates moved higher Wednesday up congressional leaders voted to avoid the "Fiscal Cliff". Mortgage-backed securities (MBS) fell as investors bid up stock prices. Confidence among investors and consumers typically causes mortgage rates to rise. That's what happened Wednesday. For Thursday and Friday, expect jobs data to dictate where Chicago mortgage rates are headed. The Federal Reserve has said that the national Unemployment Rate will dictate future monetary policy, with the central … [Read More...]

How To Make An Emergency Preparedness Kit For Your Home

Some natural disasters can be forecast -- hurricanes, snow storms and, in some cases, flooding. Other disasters occur unexpectedly, such as tornadoes and earthquakes.  As a homeowner or renter in Chicago , it's a safe idea to prepare for disaster or unexpected emergency. Every home should maintain a ready, working emergency kit for such a time. Here are some items to include in your home's emergency kit : Waterproof Container : Store items in a locking, plastic container Battery-Powered … [Read More...]

What’s Ahead For Mortgage Rates This Week : December 31, 2012

Mortgage bonds improved last week, pushing mortgage rates lower in Illinois and nationwide. Positive economic news and strong housing data was trumped by ongoing Fiscal Cliff discussions on Capitol Hill. The "Fiscal Cliff" is meant to represent January 1, 2013 -- the date on which mandatory spending cuts are enacted by Congress and on which tax rates increases for many U.S. taxpayers. Some analysts believe that if these two events are to occur simultaneously, it would derail the current U.S. … [Read More...]

Fixing Up An Historic Home : The Three Rs

If you enjoy both history and fixing things, then you may have trouble driving by historic homes for sale in Minneapolis without feeling the urge to buy and fix one up. Before you do, however, you should know the three R's of fixing historic homes -- Restoration, Renovation, and Repair. Restoration "Restoration" is the process of returning a home to its original state. Restoring historic homes often requires city and state permission. It's essential that you check to see whether your home … [Read More...]

Case-Shiller Index Posts 4% Annual Home Price Gain

The U.S. housing market continues to make home price gains. Earlier this week, the S&P/Case-Shiller Index showed home prices gaining 4.3 percent during the 12-month period ending October 2012, marking the largest one-year gain in home prices since May 2010. The Case-Shiller Index measures changes in home prices by tracking same-home sales throughout 20 housing markets nationwide; and the change in sales price from sale-to-sale. Detached, single-family residences are used in the Case-Shiller … [Read More...]