Will A Trump Administration Cause Rates to Rise?

Since November’s election,  there have been many questions surrounding Trump policies and how they will affect Americans. One of the most common questions has been: “How will  the housing market be affected?”

2017-02-15

Speculation & debate have surrounded the basic question of “Will A Trump Administration inflate interest rates?”

The Washington Post states that concerns come from “Trump’s lack of housing policy proposals.” While Fox highlights that “The other side of the argument is that the mortgage interest deduction helps homeowners by lowering the cost of their interest on an after-tax basis. This deduction usually benefits first-time home buyers the most.” Despite the uncertainty & various opinions, there are a few facts to keep in mind when it comes to the Trump effect.

The Federal Reserve is a huge factor where mortgage rates lie, along with the inflation of the economy. The President alone cannot solely change the housing market, however, his policies can shape the direction in which the market leans. No one person can set the mortgage rates.

Donald’s policies on issues such as deportation & the Housing Department will set the tone for the direction in which the housing market proceeds. We could see an increase of costs for building a home if Trump sticks to his strict stance on deporting undocumented immigrants. The construction industry relies heavily on undocumented immigrants to reduce building costs through affordable labor. By having to pay more in labor costs, construction companies will have to offset the costs by charging the client (you) more.

We do not know the policies of Dr. Ben Carson, but what we do know is that his appointment as HUD Secretary could affect your monthly mortgage payment. As Secretary, Carson has the power to raise or lower FHA mortgage insurance premiums, which could increase or reduce your overall payment.

All we can do is wait and see what the future holds for us. However, there are a few outcomes that we can expect. Deduction of taxes through a freer market, home purchase costs to fluctuate, and increased mortgage interest rates.

In result, it’s challenging to predict exactly how Trump will affect the housing market, but you can prepare yourself by finding out what your options are for your mortgage.  Don’t start panicking just yet; it’s not too late to save yourself some money on your mortgage. With all indications pointing towards climbing interest rates, now is the time to act.

facebooktwitterpinterestlinkedin

Save Green by Going Green This Winter

ab

The holidays can put a big enough dent in your wallet, why not cut down on costs when you can?

With the cold weather encroaching, many of us brace ourselves for the hefty heating bill coming our way, but what if I told you that just because the winter months are here you don’t have to double your heating budget.

The easiest jump on savings you can get is by making sure that all windows & doors are sealed tight and don’t have any cracks around the edges. You can even add extra insulation into extra cracks to really seal the deal.

Check your appliances, pipes and make sure that they are prepped & ready to work through the winter. If you’re not sure what to check, you can have a technician come and do a quick inspection.

winterize-home-145132408-1According to In Habitat 30% of your home’s energy costs are from heating and if your system is not working up to par that number could spike even more. It’s a simple preventative measure by getting an annual tune up and by replacing your filter regularly.

Give you and your home the tools you need to make it through the blistery winter by following those few tips and enjoy the snow from the inside looking out!

 

facebooktwitterpinterestlinkedin

Festive Fall Finds

Fall: The air becomes crisp, the leaves change colors and the days become shorter. As the seasons shift from hot & humid to chilly, doesn’t that make it the perfect time to transform your home decor to comfy & cozy?

1-intro

With so many options out there we took the liberty of tracking down some of our fall favorites for you to peruse.

fallhomegoods_blog02

Craft your coffee table for fall with this easy DIY that you can put your own unique spin on.

Coffee Table Crafting

 In trance guests from your entryway to exit by giving your front porch its seasonal face lift. With a porch this inviting you have an excuse to heat up an extra cup of coffee, sit back and soak in the season amidst your cozy seating.

6-fall-back-porch-swing-stonegableblogcom_-e1411348568853

For more inspiration check out these fabulous front porches.

Fall Front Porches

Sit back, relax & cozy up to the shift of seasons in your festive fall home.

facebooktwitterpinterestlinkedin

Spice Up Your Summer

Summer, easily the most relaxing & effortless season. A season full of sun, fun, family, travel & friends.

Habana-orange-county-dining-outdoor

Need a reason to celebrate this season? Fire up the grille, we’re about to take your BBQ from standard to SIZZLING!

To plan a party Martha Stewart would envy, we need to start by creating the perfect ambiance for your guests.

Start with simple lighting fixes to turn your backyard into an artsy outdoor seating area similar to your local summer restaurant.

914b6a3a39a65c9eb0c3a7867604ee12

Light Up Your Life

Kicking off with kabobs we found a summer treat to satisfy any sweet tooth!

Strawberry-Brownie kabobs are easier than 1,2,3 & can be even eaten without any cooking.

DSC_0481

Take your grilling from drab to fab with this recipe for Spicy Pineapple Chicken Kabobs to add that extra flavor to your BBQ in a way that will leave all your guests raving for weeks.

 Grilling_Recipes

Ready?

Set?

Grille!

What are you going to do to beef up your backyard for your next BBQ?

Whatever you do, embrace your summer of sun & fun!

facebooktwitterpinterestlinkedin

Hop Into Home Buying

Home Buying can be overwhelming & a bit intimidating, but we’re here to hold your hand every step of the way.

First Time Home Buyers

Is anyone else as obsessed with lists & “how to’s” as I am? If so… get your pens ready! The home buying process can be so daunting that you may not know where to begin… That’s where we come in.

Location, Location, Location.

Consider: commute, school district, crime rates & community

451992757

Price

Know what you can afford.

Remember, mortgage payments, interest, HOA fees, PMI & property taxes. Compare your loan options and Call our purchase specialist, Chris to see whether a Conventional, FHA or Veteran loan would be the best fit for you. It’s good to know what you can afford before falling in love with a home out of your price range.

Realtor

They need a good & respectful understanding of what you are looking for & what you can afford instead of trying to oversell your budget.

Financing

After you have an idea of pricing and what type of loan option suits you, you’ll have a better idea of what type of down payment you’ll need to save for. Remember to ask if you qualify for NO closing costs & NO PMI options.

What you Need, What you Want & What Can Be Changed

Pay attention to the structural layout of the home & make sure it’s what you want because changing structural elements can be a whole new cost in itself. No house is perfect, but what is important is determining what can be changes & made perfect and what can’t be.

332C06E700000578-3539596-image-a-7_1460632619617

Now that we’ve gone through our checklist, let’s get you financed.

Our Purchase Division is available to help you discover your financing options, to walk you through this process from start to finish & to make this as easy as possible for you & your family.

Chat with Chris today to get into your dream home.

(858)752-6480 or Click Below to get started today.

GET FINANCED

facebooktwitterpinterestlinkedin

Vida Joven Orphanage & Global Equity Finance

Yaline

Partners,” a term used to describe a multitude of the type of relationships we can share with people.  “One associated with another, especially in action,” as Merriam-Webster defines it.

“Someone who participates in an activity or game with another person,” is how The Oxford English Dictionary identifies it.

The question for our company was how do we identify the term?

We defined it as an opportunity to establish and nurture a human connection on a global level. 

Teen Table   Tiffany

On January 30th, 2016, the partnership between Vida Joven Orphanage and Global Equity Finance was established.

The Vida Joven Orphanage, located in Tijuana, is dedicated to housing, educating, and caring for 30 children between the ages of 2-16.  Over a 3 month period, our staff teamed-up, planned, and fundraised a visit to the children at their home.

 

Car Full2    Car Full

Over a few months, the staff at Global Equity Finance worked to raised money, shopped for the kids, and collected donations.  Eagerly, volunteers stuffed the van with goodies for the children and made the trek across the border.

   group gifts     Passing out

Along with new wardrobes, books, & toys, each child was given a box with their name painted on the lid.  With the help of our volunteers, the children creatively, and adorably, decorated the box to represent things they liked.

names     Mayra

Table SHotyaline2Crafts

Even though these children are dealing with great adversity, the fun brought to them by these simple gifts and activities inspired our volunteers.  Their new messily painted boxes and sparkly fairy wings united us.

Building team & community relationships strengthened the already present sentiments of teamwork and support within the Global Equity Finance family.

yaline1    Little Boy1

facebooktwitterpinterestlinkedin

Home for the Holidays

It’s the most wonderful time of the year; it’s the holidays! As Buddy the Elf would say: SANTA!

Very rarely do families get the opportunity to all be together at one time & not have to worry about rushing off to school or work. Take advantage while you can. Excite your senses by eating some delicious home cooking, having a friendly family competition & taking in those traditional must see Christmas movies.

We’ve compiled a list of the Top 5, must see Christmas movies that are tried & true classics. You can pick one or binge-watch them all; whatever suits your movie watching style.

Elf

elf

Rudolph

Home Alone

A Christmas Story

How The Grinch Stole Christmas

 

Now that you’ve had your family bonding time it’s time to get to the friendly, family competition. Emphasis on the friendly part, but if you’re family is anything like mine, this could be a true test.  In the manner of lists & suggestions, I’ve found the favorite 5 family games.

Cards Against Humanity

Hedbandz

Catch-phrase

Catchphrase_2013

Apples To Apples

Charades

As you’re playing & most likely laughing off a ton of calories keep yourself fueled up with these delicious recipes:

Breakfast Casserole

Cheesy Bread

Reindeer Chow

Reindeer-Chow

Cinnamon Sugar Pecans

Recipes are listed below in order they appeared.

 

Recipes:

http://www.kevinandamanda.com/recipes/dinner/breakfast-casserole.html#_a5y_p=1384247

http://www.freebiefindingmom.com/christmas-tree-bread-recipe/

http://thissillygirlslife.com/2013/11/reindeer-chow-muddy-buddies/

http://fireflytales.net/blog/11/2012/cinnamon-sugar-pecans-recipe/

facebooktwitterpinterestlinkedin

Unplug from the World

Ah, 1998 when the world revolved around human interaction.

A world where WiFi & the iPhone didn’t exist. A time when you’d go to lunch with someone & you wouldn’t fall victim to watching them text 85% of the time.

The holiday season needs to be about family & spending time with those closest to you. In the tradition of that quality time I wanted to come up with something that you could create together that would bring you down to earth.

christmascocktail

PicMonkey Collage

I twiddled my thumbs a little (withdrawal from texting) & thought about what would motivate me to plug into family time.

Cocktails are a place to start. Dashing left & prancing right… I came across a few Holiday Hoorahs that I look forward to sharing with my family. I lucked into a recipe that enticed my senses by combining my three favorite things: candy canes, chocolate & cocktails. Behold the White Chocolate Peppermint Bark Martini (See recipe at bottom of page)

While you are all gathered around sipping on your sweet treats you can get a jump on your decorating by crafting Winter Luminaries.

For each luminary, all you’ll need is: a mason jar, 2 mini pine cones, lace, twine, hot glue gun, snow texture spray, Epsom salt & a tea candle.

Easy right? ( The full dets. are in the link below)

White Chocolate Peppermint Bark Martini

2 oz. white chocolate liqueur
1/2 oz. vanilla vodka
1/2 oz. peppermint schnapps
Splash of milk or cream, to taste

White chocolate, melted, for rimming the glass
Crushed peppermint candies, for rimming the glass
Whipped cream, for serving

Method:
1.   Melt the white chocolate in a shallow dish, and dip the rim of the glass into it. Shake off any excess, then dip into the crushed peppermint candies. Place glass in the freezer for 5-10 minutes to set.
2.   Shake liqueurs with ice, then pour into chilled glass. Add milk or cream, to taste.
3.   Top with fresh whipped cream and more crushed peppermint candies, for garnish.

http://relish.com/articles/15-creative-garnishes-for-your-holiday-cocktails/

Winter Luminaries:

http://craftsbyamanda.com/snowy-pinecone-candle-jars/

Once your family has gotten it’s fill up qt time make sure to give us a call to see what we can do to help you & your family stay stress free this season.

At Global Equity Finance we want to make your home as happy as we can for the holidays.

(800)245-EASY (3279) or stop by our website at www.geqfinance.com 

Smarter Loans, Happier Homes

facebooktwitterpinterestlinkedin

It’s Time to Make Your Moves

ratesfed.

 

I don’t know about you, but money is the last thing I want to think about when I’m doing my holiday shopping. This year I can’t tell myself “It’s ok, I’ll deal with my finances after the New Year.”…

The Federal Reserve is holding it’s follow up meeting on December 15th & 16th to decide if they want to raise the short-term interest rates.

If you’re like me you might be thinking “Oh I don’t own a home this doesn’t affect me.”  However, (dramatic pause for effect) we are COMPLETELY wrong.

If the Fed decides to raise the interest rates, it becomes more expensive for banks to borrow money which in turn gets passed onto the us…

Not only does this raise affect home mortgages, but it will also affect your credit cards or any other commercial product’s interest rates.

Most people tend to rack up pretty high credit card bills during the holiday season to buy their loved ones gifts, I am no different. With this rate raise coming though, I started to panic & wondered what I could do to prepare my finances for this hit.

The obvious would be to pay off all or most of my credit card debt & put away the cards. For me that means no more Starbucks binges… EEK!

If you can’t manage to pay off all of that debt you can look into getting another card that has a lower APR & a zero-percent transfer policy. What that means is that any card balance you have that has a high interest rate you can transfer to a card with a lower rate to pay it off easier without having to pay all that pesky interest.

Another easy step could be allowing our team here at Global to take a look at your mortgage and see where we can save you some extra money by refinancing. If you’re on an adjustable-rate mortgage now is the time to lock in a long term fixed rate while rates are still at record lows. Even if you are on a fixed rate mortgage & you’re happy with your rate, we can get some cash out of your home to pay off that debt or to shower your loved ones (or yourself) with gifts this season.  

If you’re like me and you don’t own a home yet, now could be the right time to take that step. Home prices are only expected to keep rising right along with the interest rates of the loan needed to buy that home you’ve had your eye on.

Here in Sunny San Diego we have the sunshine tax & unfortunately it gets added onto everything, especially rent… Why throw away your hard earned money on renting a temporary place when you can put that same payment towards building a home & future for yourself?

If you hold stocks or bonds, it’s time to reevaluate those assets. Once the rates start climbing the value of those bonds will take a steady decline in value & if you’re not planning onto holding onto these for the long haul, it’s time to cash in.

 

Let us help you figure out your options & how we can save you your hard earned money.

Give us a call at (800)245-3279 or visit our website at www.geqfinance.com

facebooktwitterpinterestlinkedin

Happy Halloweekend

Discovery Channel has rated “The Whaley House” as America’s #1 Haunted Home in America.  Global Equity Finance and The Whaley House are both located in San Diego. Good Morning San Diego decided to test that theory and spend the night there. If you have a Spirit of Adventure, check out the “Spirits” they experienced and some more of America’s most haunted houses.

http://www.travelchannel.com/interests/haunted/articles/most-terrifying-places-in-america

facebooktwitterpinterestlinkedin