Explore Victorville, CA

By John Caylor, Post Falls, ID Mortgages
(Infinity Financial Group)
Comments 0
Remember the old tag line from the show "Lifestyles of the Rich and Famous", as Robin Leach wished us all "champagne wishes and caviar dreams"? And sure enough, these days more and more people have the trappings of the rich. But is it the new home, maybe a shiny BMW, or more vacations? No. It's g...

By John Caylor, Post Falls, ID Mortgages
(Infinity Financial Group)
Comments 4
With today being Father's Day I thought you might enjoy learning a bit about how this holiday actually got its start.  Ok, some people think that Father's Day was invented as an afterthought to Mother's Day... You know, everyone felt sorry for dads since moms had their special day in May, so... a...

By John Caylor, Post Falls, ID Mortgages
(Infinity Financial Group)
Comments 7
Square footage of a home is a matter of debate -- a homeowner measures it one way, a real estate agent another way, and an appraiser a third way.  The local tax assessor has his own method, too.So, who is right?Until 2003, they all were!  That's when the NATIONAL ASSOCIATION OF REALTORS® Apprais...

By John Caylor, Post Falls, ID Mortgages
(Infinity Financial Group)
Comments 0
Home equity is created in one of two ways (assuming increasing home value and a non-negatively amortizing first mortgage).In the first method of creating equity, the homeowner pays down the principal balance on the mortgage.  This increases the difference between what is owed on the home and what...

By John Caylor, Post Falls, ID Mortgages
(Infinity Financial Group)
Comments 0
The pie chart above comes from a Bankrate.com survey, sampling 1,000 adults about their current housing situation. The question asked: What type of mortgage do you currently have?  While the 34% "Don't Know" figure is troubling, even more frightening is the 6% "ARM" figure.  The sample size was ...

By John Caylor, Post Falls, ID Mortgages
(Infinity Financial Group)
Comments 1
The American Consumer keeps spending.  This morning, the monthly Retail Sales report showed a larger-than-expected jump.  Even after stripping out elevated gas prices, the sales increase was more than double the expected amount.  The economy surges ahead, fueled by everyday spending, and this do...

By John Caylor, Post Falls, ID Mortgages
(Infinity Financial Group)
Comments 4
This cartoon by Wiley applies to mortgages in 2007 like it did to stock trading in 1999.  The least expensive mortgage options aren't always the least costly.  A quick look at the Sunday paper's Foreclosure Notice section can verify that.The right loan at a fair price saves far money money than t...

By John Caylor, Post Falls, ID Mortgages
(Infinity Financial Group)
Comments 0
If you ever wanted proof that mortgage rates react to global events, the past four days are it.  Worldwide, investors are shunning the United States mortgage market in search of higher returns elsewhere.The more they sell, the worse mortgage rates get.The latest catalyst for extra supply: specul...

By John Caylor, Post Falls, ID Mortgages
(Infinity Financial Group)
Comments 3
After a semi-calm start, last week ended terribly for mortgage rate shoppers highlighted (lowlighted?) by Thursday's mortgage bond market crash. The drubbing Thursday was the worst day for the bond market in three years and is one of the reasons why the conforming and jumbo 30-year fixed mortgage...

By John Caylor, Post Falls, ID Mortgages
(Infinity Financial Group)
Comments 1
Thursday was the single worst day for mortgage rates in more than four years.    Because so few homeowners understand how mortgage rates are determined, a day like Thursday may have little context.  So, let's try to put it in perspective.  If somebody told you that the stock market crashed, you'...

By John Caylor, Post Falls, ID Mortgages
(Infinity Financial Group)
Comments 1
This is just a quick reminder to ignore national news stories about real estate.  It may sound like strange advice, but real estate is a highly local phenomenon.  The "national scene" is comprised of data from:50 states, with More than 30,000 incorporated cities, and with An innumerable number o...

By John Caylor, Post Falls, ID Mortgages
(Infinity Financial Group)
Comments 19
Have you ever wondered how much your coffee habit is costing you?Courtesy of software developer Hugh Chou, use the Coffee Calculator to calculate how much you pay for coffee each year, and how much money you forgo in savings because of it.Did you know:  If you buy a $1.87 grande drip coffee from...

By John Caylor, Post Falls, ID Mortgages
(Infinity Financial Group)
Comments 0
Choosing the right lender is a key element to managing your mortgage. As a mortgage planner, my goal is not just to provide you with a loan, but also to help select the one most beneficial to you and your long-term goals, and then, help you manage that debt over time. There are not many lenders o...

By John Caylor, Post Falls, ID Mortgages
(Infinity Financial Group)
Comments 5
Interesting fact of the day: 55.5% of "wealthy" Americans have mortgages on their primary homes vs. 44.6% of the overall population.  This doesn't mean that the wealthy are more indebted than the rest of us; it means that the wealthy are maximizing the tax deductions that the IRS makes available...

By John Caylor, Post Falls, ID Mortgages
(Infinity Financial Group)
Comments 4
Pop Quiz: Which interest rate is lower?  8.25% or Prime Rate?If you answered anything other than "they are the same", then you can understand first-hand why banks refer to Prime Rate by name instead of by number.  It's a neat little piece of sales psychology that keeps people from recognizing th...

By John Caylor, Post Falls, ID Mortgages
(Infinity Financial Group)
Comments 0
Your name is worth everything to you...it's your identity, it's YOU.  Here's breaking news you need to know...and you need to let all your family and friends know right away as well.    Few people realize that each time their credit is checked, the information provided to the credit bureaus (Equi...

By Val Rensink
(HomeSource Lamoreaux Group)
Comments 2
Southern California Logistics Airport, the City of Victorville, The Lions club  and Orbis had a party tonight.If you haven't heard about Orbis you should.  It is the only ONLY  Flying Eye Hospital in the world.The City of Victorville has adopted Orbis. The Southern California Logistics Airport is...

By John Caylor, Post Falls, ID Mortgages
(Infinity Financial Group)
Comments 1
Most of us sell only a few homes in our lifetime.  With such limited experience in real estate, how do you maximize the profits from your home sale?  Many home sellers make the critical mistake of thinking all Realtorsâ are the same.  They list with the first agent who comes along.  Does it make ...
Selling your home can be an exhausting experience.  Last minute walk-throughs, inconvenient calls, price adjustments and the possibility of being stuck with two mortgages are real concerns.  If you are not completely prepared, you could end up losing hundreds even thousands of dollars in profit.T...

By John Caylor, Post Falls, ID Mortgages
(Infinity Financial Group)
Comments 2
The right or wrong decision when signing your home mortgage can mean thousands of dollars difference in interest paid.  There are very important considerations to evaluate before you commit to a 15 or 30 year note.  For many of us, our mortgage payment is the most important financial decision we'...

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