Fixed mortgage rates continue their upward climb
Shashank Shekhar, CEO of InstaMortgage, is one who expects rates to go up. “I think higher mortgage rates will continue to be a longer-term trend as the combination of growth and global central bank bond tapering continues,” Shekhar said. “Both of these lower the yield on mortgage-backed securities (MBS), thus increasing the mortgage rates that borrowers get.”
Fixed mortgage rates reverse course for the first time this year
Shashank Shekhar, the chief executive of Arcus Lending, is one who expects rates to hold steady. “Rates went up too quickly at the beginning of the year and are now simply taking a pause,” Shekhar said.
Pay down your mortgage fast with these smart tips
Shashank Shekhar, CEO of Arcus Lending and author of, “First Time Home Buying 101,” recommends adding any extra income towards your mortgage. “A lot of people get a one-time or a two-time bonus,” says Shekhar.
Washington DC’s housing market and the impact of Donald Trump
“As a real estate guy it was: I want to increase my own net worth . . . I have to squeeze every penny from everyone else,” says Shashank Shekhar, chief executive of Arcus Lending, a mortgage broker and direct lender. “But how does that translate at a national level to help the real estate industry?”
The Story Behind My Number One Best-Selling Book–“My First Home”
Grady Harp, an Amazon Hall of Fame Top 100 Reviewer says, “In this warm and accessible manner, Shashank discusses the benefits of home ownership as opposed to home rental … This is the most complete, most accessible book yet written about buying a home. Shashank Shekhar has accomplished the first fully ‘complete’ guidebook for your first home. Highly recommended.”
Yes, You Can Compete With All-Cash Buyers—Here’s How
“People often think that all sellers want the most aggressive, quick close, for the highest price. That’s not always the case,” says Shashank Shekhar, founder and CEO of Arcus Lending in San Jose, CA.