As rates feel upward pressure, fraud and misrepresentation are also on the rise
A sudden interest-rate hike in Q4 caused profits to plummet
Yes, it’s a very expensive area to live, but the city has a lot to offer, as San Francisco is one of the most culturally-diverse cities in America. Plenty of people spend big money on rent to live in a fantastic place like this.
I received a call a few weeks back from a broker who sends us real estate loans occasionally. He had a client that owns a property free and clear, a rental property.