Real Estate Tips
06SEP

Buy Now, Refinance Later
With the Federal Reserve meeting approaching, prospective home buyers face a critical dilemma: wait for anticipated interest rate cuts or buy today. However, trying to time mortgage rates carries significant financial pitfalls. Postponing a purchase risks triggering intense buyer competition and rising home prices, proving that securing negotiated seller terms today often outweighs waiting for marginal rate relief.
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30AUG

30-Year Fixed vs. 5/1 ARM: 2026 Guide
With traditional 30-year fixed mortgage rates hovering around 6.6% to 6.7%, many prospective homebuyers are actively exploring lower-cost financing alternatives. A 5/1 adjustable-rate mortgage offers significant upfront interest savings during the initial five-year period, but it introduces long-term payment uncertainty. Understanding interest rate caps, moving horizons, and future refinancing risks is essential before choosing an adjustable mortgage.
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Ronald Bishow
www.RonBishow.com Real Estate
116 East College Ave Suite B, Lompoc, CA 93436
Email: ron@ronbishow.com
Phone: (805) 717-0707
Servicing the Central Coast from Paso Robles to Channel Islands Harbor (Oxnard, Ventura, and Port Hueneme) Santa Ynez Valley, Lompoc, Santa Maria, Buellton and the 5 Cities area.
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