Kevin P. Nguyen
Equity Zone Mortgage-Elk Grove, California
Welcome! Take a look around the site and let me know if you have any questions!
Contact Kevin
Branch Manager / Sr. Mortgage Consultant800.815.1945 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
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Featured Posts
Simple Tips To Keep Your FICO High
For today's home buyers and refinancing households, the value of "good credit" has never been higher. Mortgage approvals hinge on your FICO score, as does your final mortgage pricing. If you're shopping for a home in Illinois , therefore, or contemplating a refinance, be aware of how everyday credit behaviors can affect your FICO. Even small events can make a big impact. Here are some common-sense steps to help improve your credit score. First, keep a "cushion" on your credit cards. 30 percent … [Read More...]
What’s Ahead For Mortgage Rates This Week : September 10, 2012
Mortgage markets worsened slightly in last week's holiday-shortened week. As expected, Wall Street took its cues from Europe and from the U.S. jobs market, and mortgage rates moved across a wide range. Home buyers in Minneapolis and would-be refinancing households were greeted with wildly varying mortgage rates, depending on which day they loan-shopped. According to Freddie Mac's weekly mortgage rate survey, 30-year fixed rate mortgage rates averaged 3.55% nationwide last week, with an … [Read More...]
Coming Next Week : New, Mandatory Loan Fees For All Conforming Mortgages
Beginning as soon as next week, new, mandatory mortgage fees will push mortgage rates higher throughout Chicago and nationwide. Fannie Mae and Freddie Mac are raising their respective "guarantee fees". Guarantee fees are fees that mortgage-backed securities providers charge to lenders for mortgage-related services including the bundling, selling and reporting of mortgage-backed bonds. Guarantee fees are also used to insure providers against credit-related losses. As announced by the … [Read More...]
Case-Shiller Index Shows Huge Home Price Gain
Home prices continue to rise nationwide. According to the Standard & Poor's Case-Shiller Index, home prices rose 6.9% between the first and second quarter of 2012, the largest quarter-to-quarter gain since the home-value tracker's 1987 inception and another signal that the housing market is in recovery. The private-sector metric's results are similar to what the government's Home Price Index showed for June, too -- values rising quickly. In addition, for the second straight month, … [Read More...]
Making Coupon-Free Savings At The Supermarket
The average family puts 10-15 percent of its monthly spending toward food, according to the Bureau of Labor Statistics and Department of Agriculture, with most of that food purchased at a supermarket. The amount spent on food is less than the typical amount spent on housing each month but what makes food costs different from housing expenses is food costs are not "fixed". How much you spend on food each month is up to you and, using savvy shopping tactics plus coupons, you can lower your … [Read More...]
What’s Ahead For Mortgage Rates This Week : September 4, 2012
Mortgage markets improved last week for the second consecutive week. With no news coming from Europe, Wall Street was focused U.S. economic data and Federal Reserve Chairman Ben Bernanke's planned public speech from the Fed's annual retreat in Jackson Hole, Wyoming. Rate shoppers and home buyers in Minneapolis caught a break. The housing market was shown to be improving last week, as was the average household income nationwide -- two events which would have typically moved Illinois … [Read More...]