Entries by Christian Crandall

LIBOR is going away in 2021!

A series of fraudulent transactions connected to the LIBOR first reported Here are 5 things to know about LIBOR: LIBOR stands for Intercontinental Exchange London Interbank Offered Rate, the world’s most widely used benchmark for short-term interest rates. LIBOR rates are published Monday-Friday at 11:30am London time. Banks commonly use LIBOR as the benchmark rate […]

2017 FHA Loan 3.5% Down Payment – The Basics

The Federal Housing Administration offers the infamous FHA loan. FHA loans are primarily known for allowing a low 3.5% down payment on 1-4 unit properties  – even as properties up to a $660,000 purchase price (in Los Angeles and Orange County). FHA loan limits vary per county. FHA is also known as a first-home buyer […]

The Impact of Self-Driving Cars on Real Estate

The future is now. Driverless cars are not only coming soon they are already here! Tesla and Mercedes Benz Car offer some self-driving technology in models for sale right now. The state of California has licensed 27 companies to test driverless vehicles on public roads. Undoubtably, self-driving cars will have an major impact on world […]